Pure Storage
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.
| Type | Public | |
| Founded | 2009 | |
| HQ | Mountain View, US | Map |
| Website | purestorage.com | |
| Employee Ratings | More | |
| Culture score | A+ | More |
Key People/Management at Pure Storage
Charles Giancarlo
Chairman and Chief Executive Officer
David Hatfield
Vice Chair and President Emeritus
John Colgrove
Founder and Chief Technology Officer
Paul Mountford
Chief Operating Officer
Joseph Fitzgerald
General Counsel and Corporate Secretary
Mike Fitzgerald
Vice President, Operations
Pure Storage Office Locations
Pure Storage has offices in Mountain View, Atlanta, Bellevue, Chicago and in 34 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
Pure Storage Financials and Metrics
Pure Storage Revenue
Pure Storage's revenue was reported to be $1.64 b in FY, 2020
| USD | |
|---|---|
Revenue (FY, 2020) | 1.6b |
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 (29-May-2020) | 4.6b |
Closing stock price (29-May-2020) | 17.6 |
Cash (2-Feb-2020) | 362.6m |
EV | 4.4b |
Pure Storage's current market capitalization is $4.6 b.
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Revenue | 182.6m | 224.5m | 277.7m | 255.9m | 308.9m | 372.8m | 326.7m | 396.3m | 428.4m |
Cost of goods sold | 63.5m | 76.5m | 95.9m | 89.6m | 102.7m | 123.7m | 110.3m | 128.0m | 127.8m |
Gross profit | 119.1m | 148.0m | 181.8m | 166.3m | 206.2m | 249.1m | 216.4m | 268.3m | 300.6m |
Gross profit Margin, % | 65% | 66% | 65% | 65% | 67% | 67% | 66% | 68% | 70% |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash | 168.8m | 171.9m | 182.0m | 735.1m | 370.5m | 406.6m | 287.2m | 268.9m | 304.3m |
Accounts Receivable | 132.1m | 168.4m | 202.0m | 195.9m | 242.4m | 305.6m | 311.8m | 352.6m | 362.1m |
Prepaid Expenses | 28.6m | 24.5m | 24.5m | 35.7m | 36.1m | 44.7m | 54.6m | 47.8m | 46.5m |
Inventories | 39.5m | 33.7m | 37.2m | 38.5m | 41.7m | 50.7m | 45.9m | 35.8m | 39.9m |
Annual
Quarterly
| USD | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Net Income | (62.4m) | (124.1m) | (165.7m) | (64.3m) | (124.4m) | (152.6m) | (100.3m) | (166.4m) | (196.3m) |
Depreciation and Amortization | 14.8m | 30.0m | 45.5m | 16.4m | 33.6m | 51.4m | 21.1m | 43.6m | 66.8m |
Inventories | (16.1m) | (10.5m) | (14.3m) | (4.4m) | (8.9m) | (17.1m) | (2.0m) | 6.9m | 2.7m |
Accounts Payable | (4.0m) | 201.0k | 11.8m | (18.8m) | (18.1m) | 11.8m | (25.8m) | (30.8m) | (35.2m) |
| USD | Y, 2020 |
|---|---|
EV/EBIT | -23 x |
EV/CFO | 23.2 x |
Revenue/Employee | 498.0k |
Financial Leverage | 2.8 x |
Pure Storage Operating Metrics
Pure Storage's Enterprise Customers was reported to be 7 k in Q3, 2020. Pure Storage's New Customers was reported to be 450 in Q2, 2020.
| FY, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Enterprise Customers | 1.65 k | 1.95 k | 2.30 k | 2.60 k | 3 k | 3.35 k | 3.70 k | 4 k | 4.50 k | 4.80 k | 5.15 k | 5.45 k | 5.80 k | 6.20 k | 6.60 k | 7 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 |
Pure Storage Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Compuverde | April 02, 2019 | |
| StorReduce | August 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 | ||
| Pure Storage Germany GmbH |
Pure Storage Revenue Breakdown
Pure Storage revenue breakdown by business segment: 20.9% from Support and 79.1% from Product
Pure Storage revenue breakdown by geographic segment: 72.0% from United States and 28.0% from Rest of the World
Pure Storage Online and Social Media Presence
72.01k Twitter followers
Pure Storage has 72.01k Twitter Followers. The number of followers has decreased 0.1% month over month and decreased 0.3% quarter over quarter
Pure Storage's Trends
Twitter Engagement Stats for @PureStorage
14k
Tweets
4.6k
Following
72k
Followers
104
Tweets last 30 days
3.7
Avg. likes per Tweet
98.1%
Tweets with engagement
Pure Storage Company Culture
Overall Culture
A+
84/100
CEO Rating
A+
92/100
Compensation
A+
85/100
Diversity
A
83/100
Pure Storage Blogs
May 26, 2020
A FlashStack Recap to Get You Ready for Cisco Live 2020
With the current remote working climate - and the first-ever ‘virtual’ Cisco Live! - why not reflect on the recent highlights we’ve achieved with FlashStack.
The post A FlashStack Recap to Get You Ready for Cisco Live 2020 appeared first on Pure Storage Blog.
May 26, 2020
Uncovering the PowerStore B.S. from Dell EMC
Setting the record straight about what we've heard from Dell EMC about PowerStore. Don't get played by one of the largest IT vendors out there.
The post Uncovering the PowerStore B.S. from Dell EMC appeared first on Pure Storage Blog.
May 26, 2020
FlashArray snapshot consistency and SAP
Ever since I began working with enterprise storage arrays such as Pure Storage FlashArray//X, storage snapshots have been a constant presence. In my journey of fully understanding the various aspects of snapshots, I found myself looking to Wikipedia and found… Continue Reading → The post FlashArray …
May 22, 2020
Defaulting Windows Terminal to PowerShell 7.x Core
Quick post, I did a quick google and found nothing immediately on this, so figured a quick post might be helpful for folks. My new install of Windows Terminal was defaulting to PowerShell 5: And to switch to 7.0.1 (core) I had to go to the dropdown and open it each time. Such drudgery! I […]
The pos…
May 22, 2020
Data Storage Decisions Shouldn’t Leave You With Doubts
Is Dell’s PowerStore the non-disruptive answer to modern data storage needs? Why I think it misses the mark.
The post Data Storage Decisions Shouldn’t Leave You With Doubts appeared first on Pure Storage Blog.
May 21, 2020
Dell PowerStore: Solving Dell Problems vs. Customer Problems
From our perspective, Dell has a long history of creating complexity—and then consolidating. This is something customers always felt and were forced to endure.
The post Dell PowerStore: Solving Dell Problems vs. Customer Problems appeared first on Pure Storage Blog.
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 3,400 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 $483.4 k.
Who are Pure Storage competitors?
Competitors of Pure Storage include Dell Technologies, Hitachi Vantara 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 34 other locations.
How many offices does Pure Storage have?
Pure Storage has 46 offices.
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