10-Q Filing

NUTANIX, INC. CIK: 1618732 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0000950170-23-026080`
Period End Date	20230430
Filing Date	20230602
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	ntnx-20230430_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 85 Income Statement 67 Cash Flow Statement 94 Stockholders Equity 45 Comprehensive Income 15

Balance Sheet 85 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$402.85M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$439.92M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$386.72M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$921.43M	USD	Point-in-time
Short-term investments	`AvailableForSaleSecuritiesDebtSecuritiesCurrent`	$918.57M	USD	Point-in-time
Accounts receivable, net of allowances of $644 and $745, respectively	`AccountsReceivableNetCurrent`	$135.07M	USD	Point-in-time
Accounts receivable, net of allowances of $644 and $745, respectively	`AccountsReceivableNetCurrent`	$124.56M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$115.36M	USD	Point-in-time
Deferred commissionscurrent	`Deferredcommissionscurrentportion`	$113.74M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$745.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$121.61M	USD	Point-in-time
Accounts receivable, allowance for credit loss	`AllowanceForDoubtfulAccountsReceivable`	$644.00K	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$93.79M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.66B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.73B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	-	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	200.00M	shares	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$115.47M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$113.44M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$97.80M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$118.74M	USD	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$236.94M	USD	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Deferred commissionsnon-current	`Deferredsalescommissionsnoncurrent`	$252.23M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$15.83M	USD	Point-in-time
Intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$7.33M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.04B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.04B	shares	Point-in-time
Goodwill	`Goodwill`	$185.26M	USD	Point-in-time
Goodwill	`Goodwill`	$185.26M	USD	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$22.27M	USD	Point-in-time
Other assetsnon-current	`OtherAssetsNoncurrent`	$24.29M	USD	Point-in-time
Total assets	`Assets`	$2.37B	USD	Point-in-time
Total assets	`Assets`	$2.40B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$34.23M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$44.93M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$152.17M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$149.81M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$108.97M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$59.57M	USD	Point-in-time
Deferred revenuecurrent	`ContractWithCustomerLiabilityCurrent`	$806.00M	USD	Point-in-time
Deferred revenuecurrent	`ContractWithCustomerLiabilityCurrent`	$720.99M	USD	Point-in-time
Operating lease liabilitiescurrent	`OperatingLeaseLiabilityCurrent`	$39.80M	USD	Point-in-time
Operating lease liabilitiescurrent	`OperatingLeaseLiabilityCurrent`	$31.48M	USD	Point-in-time
Convertible senior notes, net-current	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Convertible senior notes, net-current	`ConvertibleNotesPayableCurrent`	$145.46M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.16B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.13B	USD	Point-in-time
Deferred revenuenon-current	`ContractWithCustomerLiabilityNoncurrent`	$724.54M	USD	Point-in-time
Deferred revenuenon-current	`ContractWithCustomerLiabilityNoncurrent`	$737.34M	USD	Point-in-time
Operating lease liabilitiesnon-current	`OperatingLeaseLiabilityNoncurrent`	$89.78M	USD	Point-in-time
Operating lease liabilitiesnon-current	`OperatingLeaseLiabilityNoncurrent`	$73.04M	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$1.21B	USD	Point-in-time
Convertible senior notes, net	`ConvertibleLongTermNotesPayable`	$1.16B	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$35.16M	USD	Point-in-time
Other liabilitiesnon-current	`OtherLiabilitiesNoncurrent`	$34.54M	USD	Point-in-time
Total liabilities	`Liabilities`	$3.19B	USD	Point-in-time
Total liabilities	`Liabilities`	$3.17B	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 7)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value of $0.000025 per share 200,000 shares authorized as of July 31, 2022 and April 30, 2023; no shares issued and outstanding as of July 31 2022 and April 30, 2023.	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Preferred stock, par value of $0.000025 per share 200,000 shares authorized as of July 31, 2022 and April 30, 2023; no shares issued and outstanding as of July 31 2022 and April 30, 2023.	`PreferredStockValueOutstanding`	-	USD	Point-in-time
Common stock, value	`CommonStockValue`	$6.00K	USD	Point-in-time
Common stock, value	`CommonStockValue`	$6.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.58B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$3.83B	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.08M	USD	Point-in-time
Accumulated other comprehensive (loss) income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-4.28M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.62B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.38B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-782.68M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-789.07M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-800.50M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-1.02B	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-708.02M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-735.25M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-731.86M	USD	Point-in-time
Total stockholders deficit	`StockholdersEquity`	$-801.78M	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$2.40B	USD	Point-in-time
Total liabilities and stockholders deficit	`LiabilitiesAndStockholdersEquity`	$2.37B	USD	Point-in-time

Income Statement 67 line items

Line Item	Tag	Value	Unit	Period
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$403.66M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$448.58M	USD	1 Quarter
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.37B	USD	3 Qtrs
Total revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.20B	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$241.26M	USD	3 Qtrs
Total cost of revenue	`CostOfGoodsAndServicesSold`	$79.85M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$82.43M	USD	1 Quarter
Total cost of revenue	`CostOfGoodsAndServicesSold`	$251.73M	USD	3 Qtrs
Gross profit	`GrossProfit`	$323.81M	USD	1 Quarter
Gross profit	`GrossProfit`	$366.15M	USD	1 Quarter
Gross profit	`GrossProfit`	$953.99M	USD	3 Qtrs
Gross profit	`GrossProfit`	$1.12B	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$234.62M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$229.26M	USD	1 Quarter
Sales and marketing	`SellingAndMarketingExpense`	$695.27M	USD	3 Qtrs
Sales and marketing	`SellingAndMarketingExpense`	$726.48M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$428.73M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$434.76M	USD	3 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$143.02M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$142.33M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$52.52M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$39.55M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$182.73M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$123.87M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$1.28B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$424.79M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$1.31B	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$416.51M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-195.80M	USD	3 Qtrs
Loss from operations	`OperatingIncomeLoss`	$-92.70M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-58.64M	USD	1 Quarter
Loss from operations	`OperatingIncomeLoss`	$-325.08M	USD	3 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-7.17M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-30.70M	USD	3 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-15.68M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-309.56M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-65.81M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-226.50M	USD	3 Qtrs
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-108.38M	USD	1 Quarter
Loss before provision for income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-634.64M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$5.16M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$14.77M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$3.61M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$12.97M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-420.21M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-115.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-70.97M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-99.51M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-111.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-241.27M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-647.61M	USD	3 Qtrs
Net loss per share attributable to Class A common stockholders-basic	`EarningsPerShareBasic`	$-0.30	USD	1 Quarter
Net loss per share attributable to Class A common stockholders-basic	`EarningsPerShareBasic`	$-1.04	USD	3 Qtrs
Net loss per share attributable to Class A common stockholders-basic	`EarningsPerShareBasic`	$-2.96	USD	3 Qtrs
Net loss per share attributable to Class A common stockholders-basic	`EarningsPerShareBasic`	$-0.50	USD	1 Quarter
Net loss per share attributable to Class A common stockholders-diluted	`EarningsPerShareDiluted`	$-1.04	USD	3 Qtrs
Net loss per share attributable to Class A common stockholders-diluted	`EarningsPerShareDiluted`	$-0.30	USD	1 Quarter
Net loss per share attributable to Class A common stockholders-diluted	`EarningsPerShareDiluted`	$-0.50	USD	1 Quarter
Net loss per share attributable to Class A common stockholders-diluted	`EarningsPerShareDiluted`	$-2.96	USD	3 Qtrs
Weighted average shares used in computing net loss per share attributable to Class A common stockholders-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	234.74M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to Class A common stockholders-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	231.70M	shares	3 Qtrs
Weighted average shares used in computing net loss per share attributable to Class A common stockholders-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	222.47M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to Class A common stockholders-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	218.89M	shares	3 Qtrs
Weighted average shares used in computing net loss per share attributable to Class A common stockholders-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	218.89M	shares	3 Qtrs
Weighted average shares used in computing net loss per share attributable to Class A common stockholders-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	234.74M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to Class A common stockholders-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	222.47M	shares	1 Quarter
Weighted average shares used in computing net loss per share attributable to Class A common stockholders-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	231.70M	shares	3 Qtrs

Cash Flow Statement 94 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-420.21M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-115.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-70.97M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-99.51M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-111.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-241.27M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-647.61M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$59.08M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$67.12M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$263.10M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$239.15M	USD	3 Qtrs
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeLiabilities`	$198.04M	USD	3 Qtrs
Change in fair value of derivative liability	`IncreaseDecreaseInDerivativeLiabilities`	-	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-64.91M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$29.93M	USD	3 Qtrs
Amortization of debt discount and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$31.77M	USD	3 Qtrs
Operating lease cost, net of accretion	`IncreaseDecreaseinOperatingLeaseCostNetofAccretion`	$27.07M	USD	3 Qtrs
Operating lease cost, net of accretion	`IncreaseDecreaseinOperatingLeaseCostNetofAccretion`	$27.50M	USD	3 Qtrs
Early exit of lease-related assets	`OperatingLeaseImpairmentLoss`	-	USD	3 Qtrs
Early exit of lease-related assets	`OperatingLeaseImpairmentLoss`	$-1.11M	USD	3 Qtrs
Non-cash interest expense	`NoncashInterestExpense`	$14.77M	USD	3 Qtrs
Non-cash interest expense	`NoncashInterestExpense`	$14.41M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$6.28M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-7.18M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$4.77M	USD	3 Qtrs
Accounts receivable, net	`IncreaseDecreaseInAccountsReceivable`	$-4.19M	USD	3 Qtrs
Deferred commissions	`IncreaseDecreaseInDeferredCharges`	$-16.92M	USD	3 Qtrs
Deferred commissions	`IncreaseDecreaseInDeferredCharges`	$10.38M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$31.72M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$33.86M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$4.16M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-5.11M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$2.36M	USD	3 Qtrs
Accrued compensation and benefits	`IncreaseDecreaseInEmployeeRelatedLiabilities`	$-46.38M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$5.57M	USD	3 Qtrs
Accrued expenses and other liabilities	`IncreaseDecreaseInAccruedLiabilities`	$53.45M	USD	3 Qtrs
Operating leases, net	`IncreaseDecreaseinOperatingLeasesNet`	$-30.13M	USD	3 Qtrs
Operating leases, net	`IncreaseDecreaseinOperatingLeasesNet`	$-35.74M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$115.27M	USD	3 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$92.06M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$214.09M	USD	3 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.54M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$778.91M	USD	3 Qtrs
Maturities of investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities`	$722.98M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$711.25M	USD	3 Qtrs
Purchases of investments	`PaymentsToAcquireAvailableForSaleSecuritiesDebt`	$794.18M	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	-	USD	3 Qtrs
Sales of investments	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$18.00M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$34.28M	USD	3 Qtrs
Purchases of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$52.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-40.87M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-31.55M	USD	3 Qtrs
Repayment of convertible notes	`RepaymentOfConvertibleNotes`	$145.70M	USD	3 Qtrs
Repayment of convertible notes	`RepaymentOfConvertibleNotes`	-	USD	3 Qtrs
Payments of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	-	USD	3 Qtrs
Payments of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	$14.71M	USD	3 Qtrs
Proceeds from unwinding of convertible note hedges	`ProceedsFromHedgeFinancingActivities`	$39.88M	USD	3 Qtrs
Proceeds from unwinding of convertible note hedges	`ProceedsFromHedgeFinancingActivities`	-	USD	3 Qtrs
Payments for unwinding of warrants	`PaymentForUnwindWarrantTransactions`	$18.39M	USD	3 Qtrs
Payments for unwinding of warrants	`PaymentForUnwindWarrantTransactions`	-	USD	3 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromStockPlans`	$23.27M	USD	3 Qtrs
Proceeds from sales of shares through employee equity incentive plans	`ProceedsFromStockPlans`	$66.64M	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`TaxesPaidRelatedToNetShareSettlementOfEquityAwards`	-	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`TaxesPaidRelatedToNetShareSettlementOfEquityAwards`	$10.21M	USD	3 Qtrs
Proceeds from the issuance of convertible notes, net of issuance costs	`ProceedsFromIssuanceOfDebt`	$88.69M	USD	3 Qtrs
Proceeds from the issuance of convertible notes, net of issuance costs	`ProceedsFromIssuanceOfDebt`	-	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	$58.57M	USD	3 Qtrs
Repurchases of common stock	`PaymentsForRepurchaseOfCommonStock`	-	USD	3 Qtrs
Payment of finance lease obligations	`PaymentOfFinanceLeaseObligations`	$3.71M	USD	3 Qtrs
Payment of finance lease obligations	`PaymentOfFinanceLeaseObligations`	$626.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$102.92M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-136.36M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$100.91M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$36.86M	USD	3 Qtrs
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$442.72M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$405.86M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.87M	USD	Point-in-time
Cash, cash equivalents and restricted cashbeginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$389.78M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$442.72M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$405.86M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$288.87M	USD	Point-in-time
Cash, cash equivalents and restricted cashend of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$389.78M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$3.06M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$2.80M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$402.85M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$439.92M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$386.72M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$17.10M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$21.58M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable and accrued and other liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$20.03M	USD	3 Qtrs
Purchases of property and equipment included in accounts payable and accrued and other liabilities	`CapitalExpendituresIncurredButNotYetPaid`	$16.21M	USD	3 Qtrs
Finance lease liabilities arising from obtaining right-of-use assets	`FinanceLeaseLiabilitiesArisingFromObtainingRightOfUseAssets`	$13.41M	USD	3 Qtrs
Finance lease liabilities arising from obtaining right-of-use assets	`FinanceLeaseLiabilitiesArisingFromObtainingRightOfUseAssets`	$11.16M	USD	3 Qtrs

Stockholders Equity 45 line items

Line Item	Tag	Value	Unit	Period
Stockholders' equity, beginning balance	`StockholdersEquity`	$-782.68M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-789.07M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-800.50M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-1.02B	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-708.02M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-735.25M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-731.86M	USD	Point-in-time
Stockholders' equity, beginning balance	`StockholdersEquity`	$-801.78M	USD	Point-in-time
2026 Notes derivative liability reclassification	`AdjustmentsToAdditionalPaidInCapitalDerivativeLiabilityReclassification`	$698.21M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$744.00K	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.35M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$372.00K	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.91M	USD	1 Quarter
Issuance of common stock through employee equity incentive plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$1.98M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$33.85M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$18.95M	USD	1 Quarter
Issuance of common stock from ESPP purchase	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$28.79M	USD	1 Quarter
Repurchase and retirement of common stock	`StockRepurchasedAndRetiredDuringPeriodValue`	$58.57M	USD	1 Quarter
Unwinding of 2023 Notes hedges	`UnwindingOfNotesHedges`	$39.88M	USD	1 Quarter
Unwinding of 2023 Notes warrants	`WarrantDownRoundFeatureIncreaseDecreaseInEquityAmount1`	$-18.39M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$80.95M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$88.05M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$84.51M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$72.91M	USD	1 Quarter
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$90.55M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.78M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.52M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.71M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-651.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.64M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-420.21M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-115.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-70.97M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-99.51M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-111.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-241.27M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-647.61M	USD	3 Qtrs
Stockholders' equity, ending balance	`StockholdersEquity`	$-782.68M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-789.07M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-800.50M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-1.02B	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-708.02M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-735.25M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-731.86M	USD	Point-in-time
Stockholders' equity, ending balance	`StockholdersEquity`	$-801.78M	USD	Point-in-time

Comprehensive Income 15 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-420.21M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-115.42M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-70.97M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-99.51M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-111.99M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-241.27M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-647.61M	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.52M	USD	1 Quarter
Change in unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-6.14M	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$1.79M	USD	3 Qtrs
Change in unrealized loss on available-for-sale securities, net of tax	`OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent`	$-3.71M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-653.75M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-239.48M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-69.45M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-115.70M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.