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.

Employee Rating

3.8More
TypePublic
HQMountain View, US
Founded2009
Size (employees)2,000 (est)+6%
Websitepurestorage.com
Pure Storage was founded in 2009 and is headquartered in Mountain View, US
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Key People/Management at Pure Storage

Charlie Giancarlo

Charlie Giancarlo

CEO
David Hatfield

David Hatfield

President
Tim Riitters

Tim Riitters

CFO
Joe FitzGerald

Joe FitzGerald

Vice President and General Counsel
Johanna Jackman

Johanna Jackman

Chief Human Resource Officer
John Coz Colgrove

John Coz Colgrove

Founder and Chief Technology Officer
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Pure Storage Office Locations

Pure Storage has offices in Mountain View, Atlanta, Austin, Bellevue and in 95 other locations
Mountain View, US (HQ)
650 Castro Street, Suite #260
Atlanta, US
3405 Piedmont Rd, Ste 400
Bellevue, US
500 108th Avenue, Ste 1440
Chicago, US
203 N. LaSalle, Floor 21, Ste 2160
Irvine, US
7545 Irvine Center Drive, Rms 217 / 223
Lake Oswego, US
4800 SW Meadows Rd, Ste 300
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Pure Storage Financials and Metrics

Pure Storage Revenue

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Pure Storage's revenue was reported to be $1.02 b in FY, 2018
USD

Revenue (Q3, 2019)

372.8m

Gross profit (Q3, 2019)

249.1m

Gross profit margin (Q3, 2019), %

66.8%

Net income (Q3, 2019)

(28.2m)

EBIT (Q3, 2019)

(27.2m)

Market capitalization (14-Dec-2018)

4.1b

Closing stock price (14-Dec-2018)

17.1

Cash (31-Oct-2018)

406.6m
Pure Storage's current market capitalization is $4.1 b.
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

174.5m440.3m728.0m1.0b

Revenue growth, %

152%65%

Cost of goods sold

77.6m167.9m252.3m353.8m

Gross profit

96.9m272.4m475.7m669.2m
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

131.4m139.9m163.2m197.0m182.6m224.5m277.7m255.9m308.9m372.8m

Cost of goods sold

51.1m46.9m56.8m69.3m63.5m76.5m95.9m89.6m102.7m123.7m

Gross profit

80.3m93.0m106.4m127.6m119.1m148.0m181.8m166.3m206.2m249.1m

Gross profit Margin, %

61%66%65%65%65%66%65%65%67%67%
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Cash

192.7m604.7m183.7m244.1m

Accounts Receivable

59.0m126.3m169.0m

Inventories

21.6m20.6m23.5m34.5m

Current Assets

294.0m788.1m780.1m944.8m
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

573.3m286.1m205.8m152.5m168.8m171.9m182.0m735.1m370.5m406.6m

Inventories

25.5m22.0m22.6m20.1m39.5m33.7m37.2m38.5m41.7m50.7m

Current Assets

738.6m761.4m746.3m734.5m752.6m769.3m835.3m1.4b1.5b1.6b

PP&E

47.1m71.3m78.5m82.1m82.3m81.9m84.3m94.3m101.7m115.3m
Annual
USDFY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(183.2m)(213.8m)(245.1m)(177.6m)

Depreciation and Amortization

50.2m61.7m

Inventories

(3.8m)(12.6m)

Accounts Payable

10.6m29.3m
Quarterly
USDQ3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q3, 2018Q2, 2019Q3, 2019

Net Income

(56.5m)(63.5m)(59.5m)(78.8m)(62.4m)(165.7m)(124.4m)(152.6m)

Depreciation and Amortization

45.5m33.6m51.4m

Inventories

25.5m22.0m22.6m20.1m39.5m(14.3m)(8.9m)(17.1m)

Accounts Payable

21.7m42.4m30.5m43.4m51.0m11.8m(18.1m)11.8m
USDY, 2018

Financial Leverage

2.6 x
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Pure Storage Operating Metrics

Pure Storage's New Customers was reported to be 300 in Q1, 2018. Pure Storage's Enterprise Customers was reported to be 4 k in Q3, 2018.
Q3, 2016Q4, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017Q4, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018

Enterprise Customers

1.65 k1.95 k2.30 k2.60 k3 k3.35 k3.70 k4 k

New Customers

250 300 300 350 300 450 300

Patents Issued

600 700 700 700
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Pure Storage Revenue Breakdown

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Pure Storage revenue breakdown by business segment: 19.0% from Support and 81.0% from Product

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Pure Storage Online and Social Media Presence

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Pure Storage Company Life and Culture

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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 Charlie Giancarlo, David Hatfield and Tim Riitters.

  • How many employees does Pure Storage have?

    Pure Storage has 2,000 employees.

  • What is Pure Storage revenue?

    Latest Pure Storage annual revenue is $1 b.

  • What is Pure Storage revenue per employee?

    Latest Pure Storage revenue per employee is $511.5 k.

  • Who are Pure Storage competitors?

    Competitors of Pure Storage include Aberdeen, Tintri and Nutanix.

  • Where is Pure Storage headquarters?

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

  • Where are Pure Storage offices?

    Pure Storage has offices in Mountain View, Atlanta, Austin, Bellevue and in 95 other locations.

  • How many offices does Pure Storage have?

    Pure Storage has 99 offices.