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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2022
Jul. 31, 2021
Current assets:    
Cash and cash equivalents $ 400,749 $ 285,723
Short-term investments 891,026 928,006
Accounts receivable, net of allowances of $892 and $668, respectively 159,938 180,781
Deferred commissions—current 109,607 110,935
Prepaid expenses and other current assets 60,404 56,816
Total current assets 1,621,724 1,562,261
Property and equipment, net 117,609 131,621
Operating lease right-of-use assets 91,519 105,903
Deferred commissions—non-current 247,144 232,485
Intangible assets, net 23,866 32,012
Goodwill 185,260 185,260
Other assets—non-current 28,468 27,954
Total assets 2,315,590 2,277,496
Current liabilities:    
Accounts payable 46,900 47,056
Accrued compensation and benefits 149,989 162,337
Accrued expenses and other current liabilities 37,589 39,404
Deferred revenue—current 703,803 636,421
Operating lease liabilities—current 43,585 42,670
Convertible senior notes, net-current 145,160 0
Total current liabilities 1,127,026 927,888
Deferred revenue—non-current 683,068 676,502
Operating lease liabilities—non-current 66,016 86,599
Convertible senior notes, net 1,126,461 1,055,694
Derivative liability 0 500,175
Other liabilities—non-current 38,636 42,679
Total liabilities 3,041,207 3,289,537
Commitments and contingencies (Note 7)
Stockholders’ deficit:    
Preferred stock, par value of $0.000025 per share - 200,000 shares authorized as of July 31, 2021 and January 31, 2022; no shares issued and outstanding as of July 31, 2021 and January 31, 2022 0 0
Common stock, par value of $0.000025 per share -1,200,000 (1,000,000 Class A, 200,000 Class B) and 1,042,004 (1,000,000 Class A, 42,004 Class B) shares authorized as of July 31, 2021 and January 31, 2022, respectively; 214,210 (208,579 Class A and 5,631 Class B) and 220,539 (220,539 Class A and zero Class B) shares issued and outstanding as of July 31, 2021 and January 31, 2022, respectively [1] 5 5
Additional paid-in capital 3,382,214 2,615,317
Accumulated other comprehensive (loss) income (2,435) (8)
Accumulated deficit (4,105,401) (3,627,355)
Total stockholders’ deficit (725,617) (1,012,041)
Total liabilities and stockholders’ deficit $ 2,315,590 $ 2,277,496
[1] Effective January 3, 2022, all of the then outstanding shares of Nutanix, Inc. Class B common stock were automatically converted into the same number of shares of Nutanix, Inc. Class A common stock. See Note 8 for further details.