Nimble Storage financials

Nimble Storage Revenue

Nimble Storage revenue was $402.60 m in FY, 2017 which is a 24.9% year over year increase from the previous period.

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Founding Date	2007
Total Funding	$98.8 m
Investors	Sequoia Capital, GGV Capital, Accel Partners, Lightspeed Venture Partners, ARTIS Ventures, Wing Venture Capital, Employee Stock Option Fund (ESO Fund)

In total, Nimble Storage had raised $98.8 m. Nimble Storage is a subsidiary of Hewlett Packard Enterprise

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Nimble Storage revenue breakdown by business segment: 80.0% from Product and 20.0% from Support and Service

USD	FY, 2015	FY, 2016	FY, 2017
Revenue	227.7m	322.2m	402.6m
Revenue growth, %		42%	25%
Cost of goods sold	79.0m	112.6m	145.7m
Gross profit	148.7m	209.6m	256.9m
Gross profit Margin, %	65%	65%	64%
Sales and marketing expense	143.6m	198.0m	254.9m
R&D expense	70.3m	94.0m	116.2m
General and administrative expense	30.9m	36.2m	42.4m
Operating expense total	244.8m	328.2m	413.6m
EBITDA	(32.3m)	(20.4m)	(39.1m)
EBITDA margin, %	(14%)	(6%)	(10%)
EBIT	(96.1m)	(118.6m)	(156.6m)
EBIT margin, %	(42%)	(37%)	(39%)
Interest income	139.0k	240.0k	274.0k
Pre tax profit	(98.0m)	(119.1m)	(157.0m)
Income tax expense	837.0k	1.0m	1.3m
Net Income	(98.8m)	(120.1m)	(158.3m)

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017
Revenue	46.5m	53.8m	59.1m	71.3m	80.1m	80.7m	86.4m	97.1m	102.0m
Cost of goods sold	16.3m	18.5m	20.7m	24.8m	27.8m	28.0m	31.6m	34.4m	37.0m
Gross profit	30.2m	35.2m	38.4m	46.5m	52.3m	52.7m	54.8m	62.7m	65.1m
Gross profit Margin, %	65%	66%	65%	65%	65%	65%	63%	65%	64%
Sales and marketing expense	29.2m	36.6m	37.0m	44.4m	47.9m	49.9m	60.4m	61.7m	64.9m
R&D expense	14.2m	17.4m	19.7m	21.7m	24.5m	22.9m	26.1m	29.6m	28.7m
General and administrative expense	6.4m	7.1m	8.9m	9.3m	9.4m	8.2m	10.4m	10.8m	10.4m
Operating expense total	49.9m	61.2m	65.6m	75.4m	81.8m	81.0m	97.0m	102.1m	104.1m
EBIT	(19.6m)	(25.9m)	(27.1m)	(28.9m)	(29.5m)	(28.3m)	(42.2m)	(39.3m)	(39.0m)
EBIT margin, %	(42%)	(48%)	(46%)	(41%)	(37%)	(35%)	(49%)	(40%)	(38%)
Interest expense	4.0k			68.0k
Interest income	4.0k	22.0k	71.0k	68.0k	61.0k	66.0k	73.0k	47.0k	76.0k
Pre tax profit	(19.4m)	(26.0m)	(28.2m)	(28.8m)	(29.8m)	(28.3m)	(42.4m)	(39.6m)	(39.0m)
Income tax expense	156.0k	162.0k	219.0k	212.0k	288.0k	251.0k	317.0k	338.0k	313.0k
Net Income	(19.6m)	(26.1m)	(28.4m)	(29.0m)	(30.1m)	(28.6m)	(42.7m)	(39.9m)	(39.3m)

USD	FY, 2015	FY, 2016	FY, 2017
Cash	208.4m	211.2m	184.8m
Accounts Receivable	35.3m	50.4m	64.3m
Inventories	12.0m	16.0m	21.9m
Current Assets	260.6m	283.6m	280.0m
PP&E	36.7m	47.4m	51.3m
Total Assets	301.6m	331.7m	333.0m
Accounts Payable	19.8m	24.3m	33.0m
Current Liabilities	83.2m	107.2m	145.8m
Total Liabilities	133.0m	176.1m	226.0m
Additional Paid-in Capital	368.7m	476.3m	586.1m
Retained Earnings	(199.9m)	(320.0m)	(478.3m)
Total Equity	168.6m	155.6m	107.0m
Financial Leverage	1.8 x	2.1 x	3.1 x

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017
Cash	204.3m	205.8m	205.0m	201.5m	213.6m	209.7m	203.0m	194.2m	180.7m
Accounts Receivable	25.8m	29.6m	34.8m	44.3m	43.1m	44.5m	46.9m	49.1m	59.3m
Prepaid Expenses	4.2m	3.1m	4.9m	5.1m	4.9m	6.0m	6.3m	7.4m	7.8m
Inventories	7.3m	9.3m	10.6m	12.9m	13.7m	14.7m	15.5m	18.1m	20.4m
Current Assets	241.5m	247.8m	255.2m	263.8m	275.3m	274.9m	271.8m	269.4m	268.2m
PP&E	23.1m	24.7m	29.4m	38.8m	43.6m	46.3m	49.9m	50.0m	52.9m
Total Assets	268.8m	276.6m	288.7m	306.9m	323.1m	325.5m	322.6m	321.5m	323.0m
Accounts Payable	14.4m	16.0m	20.8m	20.7m	23.4m	24.9m	26.1m	28.7m	34.2m
Current Liabilities	53.9m	64.8m	71.9m	80.9m	96.5m	98.1m	109.8m	122.0m	131.1m
Total Liabilities	86.4m	101.6m	113.6m	136.6m	157.1m	161.9m	180.2m	194.9m	206.6m
Common Stock	68.0k	69.0k	70.0k	72.0k	74.0k	75.0k	77.0k	77.0k	78.0k
Additional Paid-in Capital	302.9m	321.6m	350.3m	399.4m	425.3m	451.5m	505.3m	529.9m	559.2m
Retained Earnings	(120.7m)	(146.8m)	(175.2m)	(228.9m)	(259.0m)	(287.6m)	(362.7m)	(402.6m)	(441.9m)
Total Equity	182.3m	175.0m	175.1m	170.3m	166.0m	163.6m	142.4m	126.6m	116.4m
Financial Leverage	1.5 x	1.6 x	1.6 x	1.8 x	1.9 x	2 x	2.3 x	2.5 x	2.8 x

USD	FY, 2015	FY, 2016	FY, 2017
Net Income	(98.8m)	(120.1m)	(158.3m)
Depreciation and Amortization	8.8m	15.6m	22.6m
Accounts Receivable	(17.6m)	(15.2m)	(13.9m)
Inventories	(6.2m)	(3.9m)	(9.0m)
Accounts Payable	8.5m	7.7m	8.9m
Cash From Operating Activities	5.4m	5.8m	(15.6m)
Purchases of PP&E	(20.8m)	(29.4m)	(23.9m)
Cash From Investing Activities	(20.9m)	(25.5m)	(24.9m)
Cash From Financing Activities	15.7m	23.0m	14.2m
Interest Paid	23.0k	105.0k	93.0k
Income Taxes Paid	394.0k	594.0k	1.4m

USD	Q1, 2015	Q2, 2015	Q3, 2015	Q1, 2016	Q2, 2016	Q3, 2016	Q1, 2017	Q2, 2017	Q3, 2017
Net Income	(19.6m)	(45.7m)	(74.1m)	(29.0m)	(59.1m)	(87.7m)	(42.7m)	(82.6m)	(121.9m)
Depreciation and Amortization	1.8m	3.8m	6.0m	3.3m	6.9m	11.0m	5.1m	10.6m	16.5m
Accounts Receivable	(8.1m)	(11.9m)	(17.0m)	(9.0m)	(7.9m)	(9.3m)	3.5m	1.3m	(8.8m)
Inventories	(1.8m)	(3.7m)	(4.7m)	(906.0k)	(1.6m)	(2.6m)	(604.0k)	(4.0m)	(6.7m)
Accounts Payable	5.6m	7.6m	11.6m	2.6m	3.3m	6.1m	759.0k	1.8m	9.0m
Cash From Operating Activities	452.0k	3.3m	(3.2m)	(8.3m)	6.6m	3.5m	(8.3m)	(12.4m)	(23.7m)
Purchases of PP&E	(3.7m)	(7.9m)	(12.8m)	(8.1m)	(14.0m)	(23.0m)	(6.8m)	(11.8m)	(18.5m)
Cash From Investing Activities	(3.7m)	(8.0m)	(12.9m)	(8.1m)	(14.0m)	(23.0m)	(6.8m)	(11.8m)	(19.4m)
Cash From Financing Activities	(1.0m)	1.9m	12.7m	9.4m	12.7m	21.0m	6.4m	7.2m	12.9m
Net Change in Cash	(4.2m)	(2.7m)	(3.5m)	(6.9m)	5.2m	1.3m	(8.2m)	(16.9m)	(30.4m)
Interest Paid			23.0k	13.0k	18.0k	25.0k	4.0k	17.0k	33.0k
Income Taxes Paid	34.0k	251.0k	373.0k	73.0k	207.0k	452.0k	256.0k	349.0k	499.0k