Pure Storage

Pure Storage provides enterprise storage that has been designed from the ground up to take full advantage of flash memory. The Company's products accelerate random I/O-intensive applications like server virtualization, desktop virtualization (VDI), database (OLTP, rich analytics/OLAP, SQL, NoSQL) and cloud computing. Pure Storage makes it cost effective to broadly deploy flash within the data center, enabling organizations to manage growth within existing power and space constraints.

Company Growth (employees)
Type
Public
HQ
Mountain View, US
Founded
2009
Size (employees)
2,000 (est)+6%
Pure Storage was founded in 2009 and is headquartered in Mountain View, US

Key People/Management at Pure Storage

Charlie Giancarlo

Charlie Giancarlo

Chief Executive Officer
Tim Riitters

Tim Riitters

Chief Financial Officer
David Hatfield

David Hatfield

President
Todd Forsythe

Todd Forsythe

Chief Marketing Officer
Johanna Jackman

Johanna Jackman

Chief Human Resource Officer
Todd Engle

Todd Engle

Vice President, Operations
Colin Mead

Colin Mead

Vice President, Global Support
Dan FitzSimons

Dan FitzSimons

Vice President, Americas Sales
Matt Kixmoeller

Matt Kixmoeller

Vice President, Product and Solution Marketing
Yousuf Khan

Yousuf Khan

Chief Information Officer
Michael Sotnick

Michael Sotnick

Vice President, Global Field and Channel Operations
James Petter

James Petter

Vice President, Europe Middle East and Africa
John Colgrove

John Colgrove

Founder and Chief Technology Officer
Wilson Grava

Wilson Grava

Vice President, Latin America
Kevin Delane

Kevin Delane

Vice President, Head of Worldwide Sales
Michael Alp

Michael Alp

Vice President, Asia Pacific and Japan
Joe FitzGerald

Joe FitzGerald

Vice President and General Counsel

Pure Storage Office Locations

Pure Storage has offices in Mountain View, Staines, Singapore, Irvine and in 95 other locations
Paris, FR
12-14 Rond-Point des Champs-Elysées
München, DE
Konrad-Zuse-Platz 8
Milan, IT
c/o Regus Milan Central Station, Via Lepetit, 8/10
Madrid, ES
Paseo de la Castellana 141, Building Cuzco IV, 8ªFloor office # 803
London, GB
55 Old Broad Street
Staines, GB
Knyvett House
Show all (98)

Pure Storage Financials and Metrics

Pure Storage Financials

Pure Storage's revenue was reported to be $728 m in FY, 2017
USD

Revenue (FY, 2017)

728 m

Revenue growth (FY, 2016 - FY, 2017), %

65%

Gross profit (FY, 2017)

475.7 m

Gross profit margin (FY, 2017), %

65%

Net income (FY, 2017)

(245.1 m)

EBIT (FY, 2017)

(244.8 m)

Market capitalization (16-Feb-2018)

4.5 b

Cash (31-Oct-2017)

182 m
Pure Storage's current market capitalization is $4.5 b.
USDFY, 2015FY, 2016FY, 2017

Revenue

174.5 m440.3 m728 m

Revenue growth, %

152%65%

Cost of goods sold

77.6 m167.9 m252.3 m

Gross profit

96.9 m272.4 m475.7 m
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Revenue

131.4 m139.9 m163.2 m197 m182.6 m224.5 m277.7 m

Cost of goods sold

51.1 m46.9 m56.8 m69.3 m63.5 m76.5 m95.9 m

Gross profit

80.3 m93 m106.4 m127.6 m119.1 m148 m181.8 m

Gross profit Margin, %

61%66%65%65%65%66%65%
USDFY, 2015FY, 2016FY, 2017

Cash

192.7 m604.7 m183.7 m

Accounts Receivable

59 m126.3 m169 m

Inventories

21.6 m20.6 m23.5 m

Current Assets

294 m788.1 m780.1 m
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018

Cash

573.3 m286.1 m205.8 m152.5 m168.8 m171.9 m182 m

Inventories

25.5 m22 m22.6 m20.1 m39.5 m33.7 m37.2 m

Current Assets

738.6 m761.4 m746.3 m734.5 m752.6 m769.3 m835.3 m

PP&E

47.1 m71.3 m78.5 m82.1 m82.3 m81.9 m84.3 m
    USDFY, 2015FY, 2016FY, 2017

    Net Income

    (183.2 m)(213.8 m)(245.1 m)

    Depreciation and Amortization

    50.2 m

    Accounts Receivable

    (44 m)

    Inventories

    (3.8 m)
    USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018

    Net Income

    (56.5 m)(63.5 m)(59.6 m)(78.8 m)(62.4 m)

    Inventories

    25.5 m22 m22.6 m20.1 m39.5 m

    Accounts Payable

    21.7 m42.4 m30.5 m43.4 m51 m
    USDY, 2017

    Revenue/Employee

    396.2 k

    Financial Leverage

    2.1 x
    Show all financial metrics

    Pure Storage Operating Metrics

    Pure Storage's Enterprise Customers was reported to be 3.1 k in Q4, 2017. Pure Storage's New Customers was reported to be 300 in Q1, 2018
    Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

    Enterprise Customers

    1.65 k1.95 k2.3 k2.6 k3 k3.35 k3.7 k4 k

    New Customers

    250300300350300450300

    Patents Issued

    600700700700
    Show all operating metrics

    Pure Storage Market Value History

    Pure Storage Revenue Breakdown

    Pure Storage Median Salaries

    Source: 185 public H-1B filings from Pure Storage

    Pure Storage's Web-traffic and Trends

    Pure Storage Online and Social Media Presence

    Pure Storage Company Life and Culture

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