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, US
Websitepurestorage.com
Employee Ratings3.7
Overall CultureA+

Latest Updates

Employees (est.) (Aug 2020)3,700(+9%)
Job Openings100
Revenue (FY, 2020)$1.6 B(+21%)
Share Price (Nov 2020)$18 (+4%)
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
Joseph Fitzgerald

Joseph Fitzgerald

General Counsel and Corporate Secretary
Johanna Jackman

Johanna Jackman

Chief People Officer
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Pure Storage Office Locations

Pure Storage has offices in Mountain View, Atlanta, Bellevue, Chicago and in 42 other locations
Mountain View, US (HQ)
650 Castro St #260
Atlanta, US
3500 Lenox Rd Suite 1500
Bellevue, US
500 108th Ave NE #1440
Chicago, US
111 South Wacker, 111 S Wacker Dr 16th Floor
Lehi, US
3400 Ashton Blvd #350
New York, US
1 Pennsylvania Plaza
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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 $1.64 b in FY, 2020 which is a 20.9% increase from the previous period.
USD

Revenue (FY, 2020)

1.6b

Revenue growth (FY, 2019 - FY, 2020), %

20.9%

Gross profit (FY, 2020)

1.1b

Gross profit margin (FY, 2020), %

69%

Net income (FY, 2020)

(201.0m)

EBIT (FY, 2020)

(191.3m)

Market capitalization (13-Nov-2020)

4.8b

Closing stock price (13-Nov-2020)

18.0

Cash (2-Feb-2020)

362.6m

EV

5.1b
Pure Storage's current market capitalization is $4.8 b.
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

728.0m1.0b1.4b1.6b

Revenue growth, %

65%41%33%21%

Cost of goods sold

252.3m353.8m457.5m509.9m

Gross profit

475.7m669.2m902.3m1.1b
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%
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Cash

183.7m244.1m448.0m362.6m

Accounts Receivable

169.0m243.0m378.7m458.6m

Prepaid Expenses

25.2m47.6m51.7m56.9m

Inventories

23.5m34.5m44.7m38.5m
Quarterly
Annual
USDFY, 2017FY, 2018FY, 2019FY, 2020

Net Income

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

Depreciation and Amortization

50.2m61.7m70.9m89.7m

Inventories

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

Accounts Payable

10.6m29.3m14.3m(18.9m)
USDFY, 2017

Revenue/Employee

428.2k

Financial Leverage

1.9 x
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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 k2.30 k2.60 k3 k3.35 k3.70 k4 k4.50 k4.80 k5.15 k5.45 k5.80 k6.20 k6.60 k7 k7.50 k

New Customers

300 350 300 300 350 300 300 400 450

Patents and Patent Applications

600 700 700 700 700 700 700 700 800 800 800 800 2 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

85/100

SecurityScorecard logo

Pure Storage Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Pure Storage Online and Social Media Presence

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Pure Storage Company Culture

  • Overall Culture

    A+

    84/100

  • CEO Rating

    A+

    92/100

  • Compensation

    A+

    85/100

  • Diversity

    A

    83/100

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Pure Storage Blogs

Pure as-a-Service, Transparency, and Your Business

Pure as-a-Service™ pricing is freely available beginning November 24, 2020. You can see our suggested retail price for either on-premises or cloud-storage consumption moving forward.  The post Pure as-a-Service, Transparency, and Your Business appeared first on Pure Storage Blog.

Reliability and Security in Real-time Event Streaming

Pure and Confluent have teamed up to offer the first on-premises tiered storage solution for streaming data. Here’s a look at some new features and capabilities. The post Reliability and Security in Real-time Event Streaming appeared first on Pure Storage Blog.

Turbocharge Analytics with Vertica and Pure Validated Designs

Pure Validated Designs make it even easier to optimize and deploy the industry's first and only analytical database solution that separates compute and storage. The post Turbocharge Analytics with Vertica and Pure Validated Designs appeared first on Pure Storage Blog.

Next-level Data Protection from Pure and Commvault

Pure Storage and Commvault are taking data protection to the next level with a jointly developed and validated solution to safeguard your mission-critical, highest-risk data.  The post Next-level Data Protection from Pure and Commvault appeared first on Pure Storage Blog.

Simplify Deployment with Pure Validated Designs

Speed and simplicity matter when implementing new solutions. Pure Validated Designs provide best practices and guidance based on proven success to help you save time and money. The post Simplify Deployment with Pure Validated Designs appeared first on Pure Storage Blog.

A New Milestone for Capacity Workloads: 49TB QLC

Pure Storage FlashArray//C systems use new 49TB QLC drives to provide even higher capacity and data density for all your workloads, including the most data-hungry apps. The post A New Milestone for Capacity Workloads: 49TB QLC 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 $1.6 b.

  • What is Pure Storage revenue per employee?

    Latest Pure Storage revenue per employee is $444.2 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 42 other locations.

  • How many offices does Pure Storage have?

    Pure Storage has 46 offices.