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)
1,650 (est)+27%
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 88 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
Hong Kong, HK
Unit 37, 23/F, One Island East, Quarry Bay
Melbourne, AU
10/555 Lonsdale Street
Sydney, AU
Level 4, 95 Pitt Street
Solna, SE
Frösundaviks Allé 15
Madrid, ES
Paseo De La Castellana 141, Building Cuzco Iv, 8ªfloor Office # 803
Amsterdam, NL
135 729, 30 F Trade Center, Kingsfordweg 151
Milan, IT
C/O Regus Milan Central Station, Via Lepetit, 8/10
München, DE
Konrad Zuse Platz 8
Paris, FR
12 14 Rond Point Des Champs Elysées
London, GB
55 Old Broad Street
New York, US
14 Penn Plaza, Ste 1707
Oak Brook, US
2015 Spring Road, Ste 260
Chicago, US
203 N. La Salle, Floor 21, Ste 2160
Atlanta, US
3405 Piedmont Rd, Ste 400
Lehi, US
3400 N. Ashton Blvd, Ste 350
Bellevue, US
500 108th Avenue, Ste 1440
Lake Oswego, US
4800 Sw Meadows Rd, Ste 300
Irvine, US
7545 Irvine Center Drive, Rms 217 / 223
Singapore, SG
Asia Square Tower 1 #07 04
Staines, GB
Knyvett House

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.
Numbers are in $, 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 (26-May-2017)

2.6 b

Closing share price (26-May-2017)

11.8

Cash (31-Jan-2017)

183.7 m
Pure Storage's current market capitalization is $2.6 b.
Numbers are in $, USDFY, 2014FY, 2015FY, 2016FY, 2017

Revenue

440.3 m728 m

Revenue growth, %

65%

Cost of goods sold

20 m63.4 m167.9 m252.3 m

Gross profit

272.4 m475.7 m

Gross profit Margin, %

62%65%

Sales and marketing expense

240.6 m360 m

R&D expense

166.6 m245.8 m

General and administrative expense

75.4 m84.7 m

Operating expense total

482.6 m720.5 m

EBIT

(210.2 m)(244.8 m)

EBIT margin, %

(48%)(34%)

Pre tax profit

(212.2 m)(243.2 m)

Income tax expense

291 k1.3 m1.6 m1.9 m

Net Income

(213.8 m)(245.1 m)
Numbers are in $, USDY, 2013Y, 2014Y, 2015FY, 2016FY, 2017

Cash

50.1 m130.9 m192.7 m604.7 m183.7 m

Accounts Receivable

8.4 m8.4 m

Inventories

20.7 m1.2 m

Current Assets

788.1 m780.1 m

PP&E

52.6 m81.7 m

Total Assets

870.8 m899.7 m

Accounts Payable

38.2 m7.4 m

Current Liabilities

184.5 m273.1 m

Additional Paid-in Capital

1.1 b1.3 b

Retained Earnings

(555.3 m)(802.5 m)

Total Equity

478.4 m

Financial Leverage

1.9 x
Numbers are in $, USDFY, 2016FY, 2017

Net Income

(213.8 m)(245.1 m)

Depreciation and Amortization

32.3 m50.2 m

Accounts Receivable

(44 m)

Inventories

(6.1 m)

Accounts Payable

10.6 m1.6 m

Cash From Operating Activities

(7.9 m)(14.4 m)

Purchases of PP&E

(39.4 m)(76.8 m)

Cash From Investing Activities

(41.8 m)(447.2 m)

Cash From Financing Activities

461.7 m40.5 m

Income Taxes Paid

1.1 m2.9 m
Numbers are in $, USDY, 2017

Revenue/Employee

441.2 k

Financial Leverage

1.9 x

Pure Storage Market Value History

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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