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 Ratings3.6
Culture scoreA+

Latest Updates

Employees (est.) (Feb 2020)3,400(+2%)
Job Openings175
Revenue (FY, 2020)$1.6 B(+21%)
Share Price (May 2020)$17.6 (+5%)

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 and Chief Technology Officer
Paul Mountford

Paul Mountford

Chief Operating Officer
Joseph Fitzgerald

Joseph Fitzgerald

General Counsel and Corporate Secretary
Mike Fitzgerald

Mike Fitzgerald

Vice President, Operations
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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
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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
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
USDFY, 2017FY, 2018FY, 2019FY, 2020

Revenue

728.0m1.0b1.4b1.6b

Revenue growth, %

65%41%33%

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)
USDY, 2020

EV/EBIT

-23 x

EV/CFO

23.2 x

Revenue/Employee

498.0k

Financial Leverage

2.8 x
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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, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 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 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
Show all operating metrics

Pure Storage Acquisitions / Subsidiaries

Company NameDateDeal Size
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
Pure Storage Germany GmbH
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Pure Storage Revenue Breakdown

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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

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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

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.

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.

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 …

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…

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.

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.
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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 3,400 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.