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Pure Storage

OverviewSuggest Edit

Pure Storage is a company providing mission-critical production, test and development, analytics, disaster recovery, and backup solutions for on-premise, cloud, and hybrid environments. It offers the Cloud Data Infrastructure product line comprised of integrated storage hardware and software solutions that enable cloud providers, enterprises, and governments to operate their global data infrastructure in the cloud. The company also provides Cloud Data Infrastructure products, including FlashArray and FlashBlade integrated appliances, which incorporate proprietary Purity Operating Environment (Purity OE) software.
TypePublic
Founded2009
HQMountain View, CA, USMap
Websitepurestorage.com
Employee Ratings4.1More
Overall CultureA+More
View Jobs (270)

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Latest Updates

Employees (est.) (Aug 2020)3,700(+9%)
Job Openings270
Revenue (FY, 2021)$1.7 B(+3%)
Share Price (Jul 2021)$19.5
Cybersecurity ratingBMore

Key People/Management at Pure Storage

Charles Giancarlo

Charles Giancarlo

Chairman and Chief Executive Officer
David Hatfield

David Hatfield

Vice Chair and President Emeritus
John Colgrove

John Colgrove

Founder, Chief Technology Officer, Director, and General Manager, FlashArray
Paul Mountford

Paul Mountford

Chief Operating Officer
Dominick Delfino

Dominick Delfino

Chief Revenue Officer
Joseph Fitzgerald

Joseph Fitzgerald

General Counsel and Corporate Secretary
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Pure Storage Office Locations

Pure Storage has offices in Mountain View, Atlanta, Bellevue, Chicago and in 37 other locations
Mountain View, CA, US (HQ)
650 Castro St #260
Atlanta, GA, US
3500 Lenox Rd NE #1500
Bellevue, WA, US
500 108th Ave NE #1440
Chicago, IL, US
111 South Wacker, 111 S Wacker Dr 16th Floor
Lehi, UT, US
3400 Ashton Blvd #350
New York, NY, US
1 Pennsylvania Plaza
Show all (45)

Pure Storage Financials and Metrics

Pure Storage Revenue

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View revenue for all periods
Pure Storage's revenue was reported to be $1.68 b in FY, 2021
USD

Revenue (FY, 2021)

1.7b

Gross profit (FY, 2021)

1.1b

Gross profit margin (FY, 2021), %

68.2%

Net income (FY, 2021)

(282.1m)

EBIT (FY, 2021)

(261.0m)

Market capitalization (30-Jul-2021)

5.5b

Closing stock price (30-Jul-2021)

19.5

Cash (31-Jan-2021)

337.1m

EV

5.3b
Pure Storage's current market capitalization is $5.5 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Revenue

728.0m1.0b1.4b1.6b1.7b

Revenue growth, %

65%41%33%21%

Cost of goods sold

252.3m353.8m457.5m509.9m535.3m

Gross profit

475.7m669.2m902.3m1.1b1.1b
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

182.6m224.5m277.7m255.9m308.9m372.8m326.7m396.3m428.4m

Cost of goods sold

63.5m76.5m95.9m89.6m102.7m123.7m110.3m128.0m127.8m

Gross profit

119.1m148.0m181.8m166.3m206.2m249.1m216.4m268.3m300.6m

Gross profit Margin, %

65%66%65%65%67%67%66%68%70%
show all
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Cash

183.7m244.1m448.0m362.6m337.1m

Accounts Receivable

169.0m243.0m378.7m458.6m460.9m

Prepaid Expenses

25.2m47.6m51.7m56.9m89.8m

Inventories

23.5m34.5m44.7m38.5m46.7m
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

168.8m171.9m182.0m735.1m370.5m406.6m287.2m268.9m304.3m

Accounts Receivable

132.1m168.4m202.0m195.9m242.4m305.6m311.8m352.6m362.1m

Prepaid Expenses

28.6m24.5m24.5m35.7m36.1m44.7m54.6m47.8m46.5m

Inventories

39.5m33.7m37.2m38.5m41.7m50.7m45.9m35.8m39.9m
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Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(245.1m)(177.6m)(178.4m)(201.0m)(282.1m)

Depreciation and Amortization

50.2m61.7m70.9m89.7m70.0m

Inventories

(3.8m)(12.6m)(12.3m)2.4m(8.7m)

Accounts Payable

10.6m29.3m14.3m(18.9m)(14.4m)
Quarterly
USDQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Net Income

(62.4m)(124.1m)(165.7m)(64.3m)(124.4m)(152.6m)(100.3m)(166.4m)(196.3m)

Depreciation and Amortization

14.8m30.0m45.5m16.4m33.6m51.4m21.1m43.6m66.8m

Inventories

(16.1m)(10.5m)(14.3m)(4.4m)(8.9m)(17.1m)(2.0m)6.9m2.7m

Accounts Payable

(4.0m)201.0k11.8m(18.8m)(18.1m)11.8m(25.8m)(30.8m)(35.2m)
show all
USDFY, 2017

Revenue/Employee

428.2k

Financial Leverage

1.9 x
Show all financial metrics

Pure Storage Operating Metrics

Pure Storage's Enterprise Customers was reported to be 7.5 k in FY, 2020. Pure Storage's New Customers was reported to be 450 in Q2, 2020.
FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020

Enterprise Customers

1.65 k1.95 k2.3 k2.6 k3 k3.35 k3.7 k4 k4.5 k4.8 k5.15 k5.45 k5.8 k6.2 k6.6 k7 k7.5 k

New Customers

300350300300350300300400450

Patents and Patent Applications

6007007007007007007007008008008008002 k
Show all operating metrics

Pure Storage Acquisitions / Subsidiaries

Company NameDateDeal Size
PortworxSeptember 16, 2020$370 m
CompuverdeApril 02, 2019
StorReduceAugust 21, 2018
Pure Storage Australia Pty Ltd
Pure Storage Austria, GmbH
Pure Storage Belgium BVBA
Pure Storage Bilgi Teknolojileri Limited Şirketi
Pure Storage Brazil Ltda
Pure Storage Canada Limited
Pure Storage France SARL
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Pure Storage Revenue Breakdown

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Pure Storage revenue breakdown by business segment: 24.6% from Support and 75.4% from Product

Pure Storage revenue breakdown by geographic segment: 72.1% from United States and 27.9% from Rest of the World

Pure Storage Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

Learn more about our premium products
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Pure Storage Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

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Pure Storage Online and Social Media Presence

Pure Storage's Trends

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Pure Storage Company Culture

  • Overall Culture

    A+

    85/100

  • CEO Rating

    A+

    90/100

  • Compensation

    A+

    89/100

  • Diversity

    A

    84/100

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Pure Storage Blogs

July 30, 2021

VMworld 2021 Preview: Containers, Cloud, and Ransomware (Oh My!)

Pure and VMware are working together to address current challenges for cloud, containers, and ransomware. Join us for VMworld 2021. The post VMworld 2021 Preview: Containers, Cloud, and Ransomware (Oh My!) appeared first on Pure Storage Blog.
July 29, 2021

How Did Kubernetes Became so Important?

In this installment in our series on modern apps, we explore the platforms that came before Kubernetes and what led to its rise.  The post How Did Kubernetes Became so Important? appeared first on Pure Storage Blog.
July 28, 2021

Improve Business Continuity with Virtualization

Virtualization is a must-have for businesses today. See how you can enhance your existing VMware investment and boost disaster-recovery capabilities. The post Improve Business Continuity with Virtualization appeared first on Pure Storage Blog.
July 28, 2021

Do You Need IT Specialists or Multi-Role Generalists?

Transformation is the word in IT right now, but it’s not just digital. Learn about tech role transformations and the rise of the IT Swiss Army knife. The post Do You Need IT Specialists or Multi-Role Generalists? appeared first on Pure Storage Blog.
July 28, 2021

Technology in Turkey: Supporting Growth and Innovation

Since launching in Turkey three years ago, Pure has seen continuous growth. We’re helping organisations across sectors derive value from their data and drive innovation.  The post Technology in Turkey: Supporting Growth and Innovation appeared first on Pure Storage Blog.
July 26, 2021

Fueling Productivity and Wages: 2021 Kubernetes Survey

Kubernetes usage increased in spite of budget cuts and other challenges. And IT pros were happier. See more insights from our 2021 Kubernetes Adoption Survey. The post Fueling Productivity and Wages: 2021 Kubernetes Survey appeared first on Pure Storage Blog.
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 Pure Storage Frequently Asked Questions

  • When was Pure Storage founded?

    Pure Storage was founded in 2009.

  • Who are Pure Storage key executives?

    Pure Storage's key executives are Charles Giancarlo, David Hatfield and John Colgrove.

  • How many employees does Pure Storage have?

    Pure Storage has 3,700 employees.

  • What is Pure Storage revenue?

    Latest Pure Storage annual revenue is $1.7 b.

  • What is Pure Storage revenue per employee?

    Latest Pure Storage revenue per employee is $455.2 k.

  • Who are Pure Storage competitors?

    Competitors of Pure Storage include Hitachi Vantara, NetApp and IBM.

  • Where is Pure Storage headquarters?

    Pure Storage headquarters is located at 650 Castro St #260, Mountain View.

  • Where are Pure Storage offices?

    Pure Storage has offices in Mountain View, Atlanta, Bellevue, Chicago and in 37 other locations.

  • How many offices does Pure Storage have?

    Pure Storage has 45 offices.