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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Apr. 30, 2022
Jul. 31, 2021
Current assets:    
Cash and cash equivalents $ 386,721 $ 285,723
Short-term investments 913,901 928,006
Accounts receivable, net of allowances of $892 and $633, respectively 180,386 180,781
Deferred commissions—current 109,043 110,935
Prepaid expenses and other current assets 86,328 56,816
Total current assets 1,676,379 1,562,261
Property and equipment, net 117,494 131,621
Operating lease right-of-use assets 83,427 105,903
Deferred commissions—non-current 244,754 232,485
Intangible assets, net 19,848 32,012
Goodwill 185,260 185,260
Other assets—non-current 28,731 27,954
Total assets 2,355,893 2,277,496
Current liabilities:    
Accounts payable 53,438 47,056
Accrued compensation and benefits 123,106 162,337
Accrued expenses and other current liabilities 48,039 39,404
Deferred revenue—current 721,853 636,421
Operating lease liabilities—current 44,171 42,670
Convertible senior notes, net-current 145,308 0
Total current liabilities 1,135,915 927,888
Deferred revenue—non-current 710,127 676,502
Operating lease liabilities—non-current 54,373 86,599
Convertible senior notes, net 1,146,050 1,055,694
Derivative liability 0 500,175
Other liabilities—non-current 31,294 42,679
Total liabilities 3,077,759 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 April 30, 2022; no shares issued and outstanding as of July 31, 2021 and April 30, 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 April 30, 2022, respectively; 214,210 (208,579 Class A and 5,631 Class B) and 0 (0 Class A and zero Class B) shares issued and outstanding as of July 31, 2021 and April 30, 2022, respectively [1] 5 5
Additional paid-in capital 3,501,311 2,615,317
Accumulated other comprehensive (loss) income (6,146) (8)
Accumulated deficit (4,217,036) (3,627,355)
Total stockholders’ deficit (721,866) (1,012,041)
Total liabilities and stockholders’ deficit $ 2,355,893 $ 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.