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10-Q Filing

NUTANIX, INC. CIK: 1618732 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001628280-16-021886
Period End Date 20161031
Filing Date 20161208
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance ntnx-20161031.xml
Filing Contents
Balance Sheet 65 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $225.46M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $99.21M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $54.86M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $67.88M USD Point-in-time
Short-term investments AvailableForSaleSecuritiesDebtSecuritiesCurrent $121.65M USD Point-in-time
Short-term investments AvailableForSaleSecuritiesDebtSecuritiesCurrent $85.99M USD Point-in-time
Accounts receivablenet AccountsReceivableNetCurrent $147.71M USD Point-in-time
Accounts receivablenet AccountsReceivableNetCurrent $110.66M USD Point-in-time
Deferred commissionscurrent DeferredCostsCurrent $17.86M USD Point-in-time
Deferred commissionscurrent DeferredCostsCurrent $19.40M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $16.30M USD Point-in-time
Prepaid expenses and other current assets PrepaidExpenseAndOtherAssetsCurrent $16.14M USD Point-in-time
Total current assets AssetsCurrent $329.86M USD Point-in-time
Total current assets AssetsCurrent $530.52M USD Point-in-time
Property and equipmentnet PropertyPlantAndEquipmentNet $42.22M USD Point-in-time
Property and equipmentnet PropertyPlantAndEquipmentNet $46.33M USD Point-in-time
Deferred commissionsnon-current DeferredSalesCommission $19.03M USD Point-in-time
Deferred commissionsnon-current DeferredSalesCommission $22.12M USD Point-in-time
Intangible assetsnet IntangibleAssetsNetExcludingGoodwill - USD Point-in-time
Intangible assetsnet IntangibleAssetsNetExcludingGoodwill $27.82M USD Point-in-time
Goodwill Goodwill - USD Point-in-time
Goodwill Goodwill $16.78M USD Point-in-time
Other assetsnon-current OtherAssetsNoncurrent $4.68M USD Point-in-time
Other assetsnon-current OtherAssetsNoncurrent $7.98M USD Point-in-time
Total assets Assets $399.09M USD Point-in-time
Total assets Assets $648.26M USD Point-in-time
Accounts payable AccountsPayableCurrent $52.11M USD Point-in-time
Accounts payable AccountsPayableCurrent $57.31M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $28.35M USD Point-in-time
Accrued compensation and benefits EmployeeRelatedLiabilitiesCurrent $24.55M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrent $6.59M USD Point-in-time
Accrued expenses and other liabilities AccruedLiabilitiesCurrent $5.54M USD Point-in-time
Deferred revenuecurrent DeferredRevenueCurrent $130.57M USD Point-in-time
Deferred revenuecurrent DeferredRevenueCurrent $165.83M USD Point-in-time
Total current liabilities LiabilitiesCurrent $258.08M USD Point-in-time
Total current liabilities LiabilitiesCurrent $212.76M USD Point-in-time
Deferred revenuenon-current DeferredRevenueNoncurrent $209.60M USD Point-in-time
Deferred revenuenon-current DeferredRevenueNoncurrent $165.90M USD Point-in-time
Senior notes SeniorLongTermNotes - USD Point-in-time
Senior notes SeniorLongTermNotes $73.26M USD Point-in-time
Convertible preferred stock warrant liability DerivativeLiabilitiesNoncurrent - USD Point-in-time
Convertible preferred stock warrant liability DerivativeLiabilitiesNoncurrent $30.81M USD Point-in-time
Convertible preferred stock warrant liability DerivativeLiabilitiesNoncurrent $9.68M USD Point-in-time
Early exercised stock options liability EarlyExercisedStockOptionLiability $1.87M USD Point-in-time
Early exercised stock options liability EarlyExercisedStockOptionLiability $2.32M USD Point-in-time
Other liabilitiesnon-current OtherLiabilitiesNoncurrent $1.10M USD Point-in-time
Other liabilitiesnon-current OtherLiabilitiesNoncurrent $7.04M USD Point-in-time
Total liabilities Liabilities $465.02M USD Point-in-time
Total liabilities Liabilities $476.60M USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Convertible preferred stock TemporaryEquityCarryingAmountAttributableToParent - USD Point-in-time
Convertible preferred stock TemporaryEquityCarryingAmountAttributableToParent $310.38M USD Point-in-time
Common stock CommonStockValue $4.00K USD Point-in-time
Common stock CommonStockValue $1.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $775.67M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $65.63M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-20.00K USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-12.00K USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-441.93M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-603.99M USD Point-in-time
Total stockholders (deficit) equity StockholdersEquity $171.66M USD Point-in-time
Total stockholders (deficit) equity StockholdersEquity $-376.31M USD Point-in-time
Total liabilities, convertible preferred stock and stockholders (deficit) equity LiabilitiesAndStockholdersEquity $648.26M USD Point-in-time
Total liabilities, convertible preferred stock and stockholders (deficit) equity LiabilitiesAndStockholdersEquity $399.09M USD Point-in-time
Income Statement 36 line items
Line Item Tag Value Unit Period
Product SalesRevenueGoodsNet $129.66M USD 1 Quarter
Product SalesRevenueGoodsNet $70.40M USD 1 Quarter
Support and other services SalesRevenueServicesNet $17.36M USD 1 Quarter
Support and other services SalesRevenueServicesNet $37.15M USD 1 Quarter
Total revenue SalesRevenueNet $166.81M USD 1 Quarter
Total revenue SalesRevenueNet $87.76M USD 1 Quarter
Product CostOfGoodsSold $27.66M USD 1 Quarter
Product CostOfGoodsSold $52.21M USD 1 Quarter
Support and other services CostOfServices $17.55M USD 1 Quarter
Support and other services CostOfServices $7.42M USD 1 Quarter
Total cost of revenue CostOfGoodsAndServicesSold $69.76M USD 1 Quarter
Total cost of revenue CostOfGoodsAndServicesSold $35.08M USD 1 Quarter
Gross profit GrossProfit $52.68M USD 1 Quarter
Gross profit GrossProfit $97.05M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $128.78M USD 1 Quarter
Sales and marketing SellingAndMarketingExpense $58.60M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $75.28M USD 1 Quarter
Research and development ResearchAndDevelopmentExpense $23.86M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $29.37M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $7.38M USD 1 Quarter
Total operating expenses OperatingExpenses $233.43M USD 1 Quarter
Total operating expenses OperatingExpenses $89.83M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-37.15M USD 1 Quarter
Loss from operations OperatingIncomeLoss $-136.38M USD 1 Quarter
Other expensenet NonoperatingIncomeExpense $-25.71M USD 1 Quarter
Other expensenet NonoperatingIncomeExpense $-871.00K USD 1 Quarter
Loss before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-38.02M USD 1 Quarter
Loss before provision for income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-162.09M USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $76.00K USD 1 Quarter
Provision for income taxes IncomeTaxExpenseBenefit $520.00K USD 1 Quarter
Net loss NetIncomeLoss $-162.17M USD 1 Quarter
Net loss NetIncomeLoss $-38.55M USD 1 Quarter
Net loss per share attributable to common stockholdersbasic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $-2.18 USD 1 Quarter
Net loss per share attributable to common stockholdersbasic and diluted (in dollars per share) EarningsPerShareBasicAndDiluted $-0.90 USD 1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholdersbasic and diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 42.84M shares 1 Quarter
Weighted-average shares used in computing net loss per share attributable to common stockholdersbasic and diluted (in shares) WeightedAverageNumberOfShareOutstandingBasicAndDiluted 74.37M shares 1 Quarter
Cash Flow Statement 83 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-162.17M USD 1 Quarter
Net loss NetIncomeLoss $-38.55M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $8.57M USD 1 Quarter
Depreciation and amortization DepreciationDepletionAndAmortization $5.56M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $90.73M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $5.39M USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-3.32M USD 1 Quarter
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt $-3.30M USD Point-in-time
Loss on debt extinguishment GainsLossesOnExtinguishmentOfDebt - USD 1 Quarter
Change in fair value of convertible preferred stock warrant liability FairValueAdjustmentOfWarrants $21.13M USD 1 Quarter
Change in fair value of convertible preferred stock warrant liability FairValueAdjustmentOfWarrants $771.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $328.00K USD 1 Quarter
Other OtherNoncashIncomeExpense $-369.00K USD 1 Quarter
Accounts receivablenet IncreaseDecreaseInAccountsReceivable $36.21M USD 1 Quarter
Accounts receivablenet IncreaseDecreaseInAccountsReceivable $8.82M USD 1 Quarter
Deferred commission IncreaseDecreaseInDeferredCharges $4.53M USD 1 Quarter
Deferred commission IncreaseDecreaseInDeferredCharges $4.63M USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $419.00K USD 1 Quarter
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $-840.00K USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $-5.86M USD 1 Quarter
Accounts payable IncreaseDecreaseInAccountsPayable $5.05M USD 1 Quarter
Accrued compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $3.52M USD 1 Quarter
Accrued compensation and benefits IncreaseDecreaseInEmployeeRelatedLiabilities $-125.00K USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $763.00K USD 1 Quarter
Accrued expenses and other liabilities IncreaseDecreaseInAccruedLiabilities $682.00K USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $72.96M USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $40.53M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $4.16M USD 1 Quarter
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-5.62M USD 1 Quarter
Purchases of investments PaymentsToAcquireAvailableForSaleSecuritiesDebt $87.45M USD 1 Quarter
Purchases of investments PaymentsToAcquireAvailableForSaleSecuritiesDebt $14.07M USD 1 Quarter
Maturities of investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $19.95M USD 1 Quarter
Maturities of investments ProceedsFromMaturitiesPrepaymentsAndCallsOfAvailableForSaleSecurities $15.22M USD 1 Quarter
Sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments $31.64M USD 1 Quarter
Sales of investments ProceedsFromSaleMaturityAndCollectionsOfInvestments - USD 1 Quarter
Payments for business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired $184.00K USD 1 Quarter
Payments for business acquisitions, net of cash acquired PaymentsToAcquireBusinessesNetOfCashAcquired - USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $9.64M USD 1 Quarter
Purchases of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $11.91M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-47.96M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-8.48M USD 1 Quarter
Proceeds from initial public offering, net of underwriting discounts and commissions ProceedsFromIssuanceInitialPublicOffering $254.46M USD 1 Quarter
Proceeds from initial public offering, net of underwriting discounts and commissions ProceedsFromIssuanceInitialPublicOffering - USD 1 Quarter
Payments of offering costs PaymentsOfStockIssuanceCosts $803.00K USD 1 Quarter
Payments of offering costs PaymentsOfStockIssuanceCosts $2.24M USD 1 Quarter
Proceeds from exercise of stock options, net of repurchases ProceedsfromStockOptionsExercisedNetofRepurchases $1.30M USD 1 Quarter
Proceeds from exercise of stock options, net of repurchases ProceedsfromStockOptionsExercisedNetofRepurchases $1.47M USD 1 Quarter
Repayment of senior notes RepaymentsOfSeniorDebt - USD 1 Quarter
Repayment of senior notes RepaymentsOfSeniorDebt $75.00M USD 1 Quarter
Debt extinguishment costs PaymentsOfDebtExtinguishmentCosts $1.58M USD 1 Quarter
Debt extinguishment costs PaymentsOfDebtExtinguishmentCosts - USD 1 Quarter
Payment of debt in conjunction with a business acquisition RepaymentsOfAssumedDebt - USD 1 Quarter
Payment of debt in conjunction with a business acquisition RepaymentsOfAssumedDebt $7.12M USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $586.00K USD 1 Quarter
Other ProceedsFromPaymentsForOtherFinancingActivities $73.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $170.05M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $1.08M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $126.25M USD 1 Quarter
Net (decrease) increase in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-13.02M USD 1 Quarter
Cash and cash equivalentsbeginning of period CashAndCashEquivalentsAtCarryingValue $225.46M USD Point-in-time
Cash and cash equivalentsbeginning of period CashAndCashEquivalentsAtCarryingValue $99.21M USD Point-in-time
Cash and cash equivalentsbeginning of period CashAndCashEquivalentsAtCarryingValue $54.86M USD Point-in-time
Cash and cash equivalentsbeginning of period CashAndCashEquivalentsAtCarryingValue $67.88M USD Point-in-time
Cash and cash equivalentsend of period CashAndCashEquivalentsAtCarryingValue $225.46M USD Point-in-time
Cash and cash equivalentsend of period CashAndCashEquivalentsAtCarryingValue $99.21M USD Point-in-time
Cash and cash equivalentsend of period CashAndCashEquivalentsAtCarryingValue $54.86M USD Point-in-time
Cash and cash equivalentsend of period CashAndCashEquivalentsAtCarryingValue $67.88M USD Point-in-time
Cash paid for income taxes IncomeTaxesPaidNet $698.00K USD 1 Quarter
Cash paid for income taxes IncomeTaxesPaidNet $828.00K USD 1 Quarter
Cash paid for interest InterestPaidNet - USD 1 Quarter
Cash paid for interest InterestPaidNet $1.27M USD 1 Quarter
Vesting of early exercised stock options NoncashVestingofEarlyExercisedStockOptions $499.00K USD 1 Quarter
Vesting of early exercised stock options NoncashVestingofEarlyExercisedStockOptions $1.05M USD 1 Quarter
Purchases of property and equipment included in accounts payable CapitalExpendituresIncurredButNotYetPaid $5.03M USD 1 Quarter
Purchases of property and equipment included in accounts payable CapitalExpendituresIncurredButNotYetPaid $5.31M USD 1 Quarter
Offering costs included in accounts payable DeferredOfferingCostsIncurredbutNotyetPaid $1.77M USD 1 Quarter
Offering costs included in accounts payable DeferredOfferingCostsIncurredbutNotyetPaid $367.00K USD 1 Quarter
Conversion of convertible preferred stock to common stock, net of issuance costs ConversionOfStockAmountIssued1 - USD 1 Quarter
Conversion of convertible preferred stock to common stock, net of issuance costs ConversionOfStockAmountIssued1 $310.38M USD 1 Quarter
Reclassification of convertible preferred stock warrant liability to additional paid-in capital NoncashorPartNoncashReclassificationofLiabilitytoEquity $30.81M USD 1 Quarter
Reclassification of convertible preferred stock warrant liability to additional paid-in capital NoncashorPartNoncashReclassificationofLiabilitytoEquity - USD 1 Quarter
Issuance of common stock for business acquisitions StockIssued1 $27.06M USD 1 Quarter
Issuance of common stock for business acquisitions StockIssued1 - USD 1 Quarter
Comprehensive Income 8 line items
Line Item Tag Value Unit Period
Net loss NetIncomeLoss $-162.17M USD 1 Quarter
Net loss NetIncomeLoss $-38.55M USD 1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $-8.00K USD 1 Quarter
Change in unrealized gain (loss) on available-for-sale securities, net of tax OtherComprehensiveIncomeAvailableforsaleSecuritiesAdjustmentNetOfTaxPortionAttributableToParent $25.00K USD 1 Quarter
Total other comprehensive gain (loss)net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $-8.00K USD 1 Quarter
Total other comprehensive gain (loss)net of tax OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent $25.00K USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-162.18M USD 1 Quarter
Comprehensive loss ComprehensiveIncomeNetOfTax $-38.52M USD 1 Quarter

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

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