{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-23-000933","form_type":"8-K/A","ticker":"NTNX","cik":"0001618732","company_name":"Nutanix, Inc.","filed_at":"2023-06-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:39.685817+00:00","generated_at":"2026-06-14T08:17:00.218645+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Nutanix corrects Q3 earnings, discloses material weakness from software non-compliance, $11M estimated liability","bullets":["Corrected $10.2M RSU tax withholding error; reduces Q3 operating expenses by $9.3M, cost of revenue by $0.9M.","Audit committee investigation found non-compliant use of evaluation software from two vendors; material weakness in internal controls.","Recorded cumulative $11M estimated expense for past non-compliant usage; ongoing annual impact low-single-digit millions.","Corrected Q3 FY2023: revenue $448.6M (+11% YoY), ACV billings $239.8M (+17%), non-GAAP operating income $17.2M."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-23-000933","json":"https://secwatch.observer/filing/0001157523-23-000933.json","markdown":"https://secwatch.observer/filing/0001157523-23-000933.md","text":"https://secwatch.observer/filing/0001157523-23-000933.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1618732/000115752323000933/0001157523-23-000933-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1618732/000115752323000933/a53412748.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T08:17:00.218645+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1b182dc73322feef46df04fe982bc5a330ac5e70","claim":"Nutanix, Inc. reported the third quarter ended April 30, 2023 results: revenue $448.6 million.","evidence_excerpt":"cal 2023 Financial Summary Q3 FY’23 Q3 FY’22* Y/Y Change Annual Contract Value (ACV) 1 Billings $239.8 million $204.7 million 17% Annual Recurring Revenue (ARR) 2 $1.47 billion $1.11 billion 32% Average Contract Term 3 3.0 years 3.2 years (0.2) year Revenue 4 $448.6 million $403.7 million 11% GAAP Gross Margin 81.6% 80.2% 140 bps Non-GAAP Gross Margin 84.0% 83.3% 70 bps GAAP Operating Expenses $424.8 million $416.5 million 2% Non-GAAP Operating Expenses $359.8 million $342.1 million 5% GAAP Operating Loss $(58.6) million $(92.7) million $34.1 million Non-GAAP Operating Income (Loss) $17.2 million $(5.8) million $23.0 million GAAP Operating Margin (13.1)% (23.0)% 9.9% pts Non-GAAP Operating Margin 3.8% (1.4)% 5.2% pts Net Cash Provided by (Used in) Operating Activities $74.5 million $(3.2) million $77.7 million Free Cash Flow $52.7 million $(20.1) million $72.8 million * Q3 FY’22 results","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1618732/000115752323000933/0001157523-23-000933-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter ended April 30, 2023"},{"label":"Revenue","value":"$448.6 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}