Dilution profile // every instrument, one screen, from SEC filings

Nutanix, Inc. (NTNX)

CIK 1618732 · all EDGAR filings →

Overall dilution risk
HIGHworst of 4 computed signals (offering ability)
= the worst band among the computed sub-ratings, no hidden weighting
Offering ability
HIGHS-3ASR on file 2020-09-24
= is there a registration (S-1/S-3 family) on file without a later withdrawal
no structured fee data on the live registrations, so this is a yes/no, not a size
Overhead supply
LOWwarrants = 0% of O/S
= warrant shares outstanding divided by current shares outstanding (bands: 20% / 50%)
warrants only; converts, ATMs and equity lines are not in free structured data, so the true overhead is AT LEAST this
Historical dilution
LOW+15% O/S in 3y
= share count now vs 3 years ago (bands: 30% / 100%); a reverse split pushes this negative
Cash need
LOWoperating cash flow positive
= cash vs trailing operating burn (bands: 6mo / 24mo; positive operating CF = low)

Same rating bands the category standard uses, but free, with the formula on the chip and the gaps in the data said out loud.

Shares outstanding over time

2022-02-282026-05-27

Latest: 270.3M shares as of May 27, 2026 (10-Q).

Cash runway

Self-funding

profitable · generates cash

Full breakdown: cash runway tool · source filing →

Warrants

Warrants outstanding: 824,094 underlying shares, as reported Jul 31, 2017 (10-K).

Reported exercise price: $73.46 (aggregate figure as tagged; individual tranches vary).

Down-round (price protection) accounting has been tagged in this filer’s XBRL: some instrument carries repricing protection. Which tranche requires reading the exhibits.

Rough fully diluted estimate: 271.1M = 270.3M O/S + 824,094 warrant shares. An estimate, not a filing figure: it ignores converts, options and RSUs, and the two inputs carry different as-of dates.

Convertible notes

NotePrincipalCarryingConv. priceRateIf converted
Two Thousand Twenty Nine Convertible Senior Notes$862.5M$849.4M$85.830.5%~10.0M sh
Two Thousand Twenty Seven Convertible Senior Notes$500.0M$477.3M$57.740.25%~8.7M sh
Two Thousands Twenty Three Convertible Senior Notesnot tagged$416.5Mnot tagged0%

If every note above converted at its tagged price: ~18.7M new shares on 270.3M currently outstanding. An estimate from principal ÷ conversion price, with inputs carrying different as-of dates; make-whole adjustments, capped calls and partial repurchases are not modeled.

Notes exactly as the company dimensioned them in its 10-Q filed May 29, 2026. Principal is face amount as tagged, not what remains after repurchases unless the filer updated the tag. A note the filer did not dimension is absent here, not absent from the balance sheet; the exhibits stay the ground truth.

Fully diluted build-up

Shares outstanding plus every potential-share instrument the filer tagged in XBRL, each at its own as-of date. An estimate assembled from filed figures, not a filing figure itself.

Shares outstanding270.3MMay 27, 2026
+ Warrants (aggregate, as tagged) (if exercised)824,094Jul 31, 2017
+ Two Thousand Twenty Nine Convertible Senior Notes (if fully converted)10.0MDec 31, 2024
+ Two Thousand Twenty Seven Convertible Senior Notes (if fully converted)8.7MApr 30, 2026
Fully diluted estimate289.9M+7.2% vs O/S

Still excluded, because the filer does not tag them in countable form: employee options and RSUs, any instrument living only in exhibit prose, and instruments above missing a share count. Inputs carry different as-of dates, shown per row. Each figure traces to the tranche and note tables above and their cited filings.

Registrations and offerings

Last 12 months: 2 executed · 0 registered.

EXECUTEDMay 5, 2026Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDFeb 25, 2026Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDDec 16, 2024Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDSep 23, 2021Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDSep 16, 2021Unregistered share sale disclosed (8-K item 3.02)8-K
EXECUTEDSep 24, 2020Unregistered share sale disclosed (8-K item 3.02)8-K
REGISTEREDSep 24, 2020Automatic shelf registration — effective immediately (large filers)S-3ASR
EXECUTEDAug 27, 2020Unregistered share sale disclosed (8-K item 3.02)8-K
WITHDRAWNSep 25, 2018Registration withdrawnRW
REGISTEREDSep 25, 2018Automatic shelf registration — effective immediately (large filers)S-3ASR
REGISTEREDSep 24, 2018S-3 registration — capacity to sell shares, not a sale yetS-3
EXECUTEDAug 3, 2018Unregistered share sale disclosed (8-K item 3.02)8-K

Full history and shelf status: offering checker · S-3 shelf checker

Source: SEC EDGAR XBRL company facts and filing metadata, fetched live and cached briefly. Share counts are cover-page figures with their form named. Warrant tranches and convertible notes come from the dimensioned facts in the latest 10-Q/10-K instance document, exactly as the company tagged them; untagged tranches and notes are absent, not disproven. Nothing on this page is manually verified and nothing is behind a login: what free data supports is shown, what it cannot support is stated. Not investment advice.

Keep going: float checker · offering calendar · short-squeeze screener · full NTNX workspace