---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000398"
form_type: "8-K"
ticker: "NTNX"
cik: "0001618732"
company_name: "Nutanix, Inc."
filed_at: "2023-03-06T23:59:59+00:00"
generated_at: "2026-06-18T11:40:50.155845+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Nutanix reports Q2 ACV billings up 23% YoY, but delays 10-Q due to software license investigation

## Summary
- ACV Billings $267.6M (+23% YoY); ARR $1.38B (+32%); Revenue $486.5M (+18%).
- Record free cash flow $63.0M vs $17.2M YoY; net cash from ops $74.1M.
- Raises FY2023 guidance: Revenue $1.80-1.81B, ACV Billings $905-915M.
- Audit Committee investigating unauthorized use of third-party evaluation software; expects delayed 10-Q filing.
- Investor Day rescheduled to summer 2023; no expense or Q3 guidance provided due to investigation.

## SEC filing metadata
- accession: 0001157523-23-000398
- form_type: 8-K
- ticker: NTNX
- cik: 0001618732
- company_name: Nutanix, Inc.
- filed_at: 2023-03-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1618732/000115752323000398/0001157523-23-000398-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1618732/000115752323000398/a53356467.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000398
- JSON: https://secwatch.observer/filing/0001157523-23-000398.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000398.txt

## Key facts
- Earnings Releases
  Nutanix, Inc. reported second quarter ended January 31, 2023 results: revenue $486.5 million. Guidance raised.
  - Period: second quarter ended January 31, 2023
  - Revenue: $486.5 million
  - Guidance: raised
  - Result: preliminary results
  source text: 1 Billings $267.6 million $217.9 million 23% Annual Recurring Revenue (ARR) 2 $1.38 billion $1.04 billion 32% Average Contract Term 3 3.0 years 3.1 years (0.1) year Revenue 4 $486.5 million $413.1 million 18% Net Cash Provided by Operating Activities $74.1 million $25.8 million $48.3 million Free Cash Flow $63.0 million $17.2 million $45.8 million A reconciliation
  evidence_url: https://www.sec.gov/Archives/edgar/data/1618732/000115752323000398/0001157523-23-000398-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
