Pure Storage
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Pure Storage

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    • Technologycloud services(SaaS)data storageenterprise softwarevirtualization

    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.

    Revenue(FY, 2018)
    $1 B
    Market capitalization(2018-10-11)
    $5.1 B
    Enterprise Customers(Q3, 2018)
    4 K
    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
    Show more

    Pure Storage Office Locations

    Pure Storage has offices in Bangkok, Taipei, St. Louis, Indianapolis and in 94 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
    Show all (98)
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    Pure Storage Financials and Metrics

    Pure Storage Revenue

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

    Revenue (Q2, 2019)

    		308.9m

    Gross profit (Q2, 2019)

    		206.2m

    Gross profit margin (Q2, 2019), %

    		66.7%

    Net income (Q2, 2019)

    		(60.1m)

    EBIT (Q2, 2019)

    		(55.2m)

    Market capitalization (11-Oct-2018)

    		5.1b

    Closing stock price (11-Oct-2018)

    		21.7

    Cash (31-Jul-2018)

    		370.5m
    Pure Storage's current market capitalization is $5.1 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, 2019

    Revenue

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

    Cost of goods sold

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

    Gross profit

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

    Gross profit Margin, %

    		61%66%65%65%65%66%65%65%67%
    show all
    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, 2019

    Cash

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

    Inventories

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

    Current Assets

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

    PP&E

    		47.1m71.3m78.5m82.1m82.3m81.9m84.3m94.3m101.7m
    show all
    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, 2018Q2, 2019

    Net Income

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

    Depreciation and Amortization

    		33.6m

    Inventories

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

    Accounts Payable

    		21.7m42.4m30.5m43.4m51.0m(18.1m)
    show all
    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
    Show all operating metrics

    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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    Competitors

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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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