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)
1,800 (est)+10%
Pure Storage was founded in 2009 and is headquartered in Mountain View, US

Key People at Pure Storage

Scott Dietzen

Scott Dietzen

CEO
John Colgrove

John Colgrove

Founder and CTO
Michael Cornwell

Michael Cornwell

Vice President and Founding Engineer
Matt Burr

Matt Burr

VP of Sales,America
Michael Alp

Michael Alp

VP, Asia Pacific & Japan
Kevin Delane

Kevin Delane

VP of Global Alliances & Business Development

Pure Storage Office Locations

Pure Storage has offices in Mountain View, Staines, Singapore, Irvine and in 91 other locations
Mountain View, US (HQ)
650 Castro Street, Suite #260
Brasília, BR
Scn, Quadra 04, Bloco B, 100, 12º Andar, Setor Comercial Norte
São Paulo, BR
Avenida Chedid Jafet, 222, Torre D 5º Andar
Auckland, NZ
The Generator, Level 1, 28 Custom Street East
Seoul, KR
30 F Trade Center, 159 1 Samsung Dong, Gangnam Gu
Tokyo, JP
Level 15, Cerulean Tower, 26 1 Sakuragaoka Cho, Shibuya Ku
Show all (95)

Pure Storage Data and Metrics

Pure Storage Financial Metrics

Pure Storage's revenue was reported to be $728 m in FY, 2017 which is a 65% increase from the previous period.
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 (20-Jul-2017)

2.9 b

Closing share price (20-Jul-2017)

13.7

Cash (31-Jan-2017)

183.7 m
Pure Storage's current market capitalization is $2.9 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

Gross profit Margin, %

56%62%65%

Sales and marketing expense

152.3 m240.6 m360 m

R&D expense

92.7 m166.6 m245.8 m

General and administrative expense

32.4 m75.4 m84.7 m

Operating expense total

277.4 m482.6 m720.5 m

EBIT

(180.5 m)(210.2 m)(244.8 m)

EBIT margin, %

(103%)(48%)(34%)

Pre tax profit

(181.2 m)(212.2 m)(243.2 m)

Income tax expense

1.3 m1.6 m1.9 m

Net Income

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

PP&E

39.9 m52.6 m81.7 m

Total Assets

356.3 m870.8 m899.7 m

Accounts Payable

11 m38.2 m52.7 m

Current Liabilities

69.6 m184.5 m273.1 m

Total Liabilities

112.2 m307.4 m421.3 m

Additional Paid-in Capital

41.7 m1.1 b1.3 b

Retained Earnings

(341.6 m)(555.3 m)(802.5 m)

Total Equity

(299.8 m)563.4 m478.4 m

Financial Leverage

-1.2 x1.5 x1.9 x
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)

Accounts Payable

10.6 m

Cash From Operating Activities

(143.7 m)(7.9 m)(14.4 m)

Purchases of PP&E

(42.2 m)(39.4 m)(76.8 m)

Cash From Investing Activities

(53 m)(41.8 m)(447.2 m)

Cash From Financing Activities

258.5 m461.7 m40.5 m

Income Taxes Paid

2.9 m
USDY, 2017

Revenue/Employee

422 k

Financial Leverage

1.9 x

Pure Storage Operating Metrics

Pure Storage's Enterprise Customers was reported to be 3.4 k in Q1, 2018. Pure Storage's New Customers was reported to be 300 in
FY, 2016Q1, 2016Q2, 2016Q3, 2016Q4, 2016FY, 2017Q1, 2017Q2, 2017Q3, 2017Q4, 2017Q1, 2018

New Customers

250300300350300450300

Enterprise Customers

1.65 k8501.1 k1.35 k1.65 k3 k1.95 k2.3 k2.6 k3.05 k3.35 k

Patents Issued

600600

Pure Storage Market Value History

Pure Storage Revenue Breakdown

Pure Storage Job Categories

Pure Storage Median Salaries

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

Pure Storage Online and Social Media Presence

Pure Storage Company Life and Culture

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