Below are the financial statements of Pure Storage, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in millions of USD | 2025 | 2024 | 2023 |
|---|---|---|---|
| Revenue | — | — | — |
| Product | 1,699.49a | 1,622.87a | 1,792.15a |
| Subscription services | 1,468.67a | 1,207.75a | 961.28a |
| Total revenue | 3,168.16a | 2,830.62a | 2,753.43a |
| Cost of revenue | — | — | — |
| Product | -575.35a | -472.43a | -569.79a |
| Subscription services | -380.11a | -337a | -286a |
| Total cost of revenue | -955.46a | -809.43a | -855.79a |
| Gross profit | 2,212.71a | 2,021.19a | 1,897.65a |
| Operating expenses | — | — | — |
| Research and development | -804.41a | -736.76a | -692.53a |
| Sales and marketing | -1,020.91a | -945.02a | -883.61a |
| General and administrative | -286.23a | -252.24a | -238a |
| Restructuring and impairment | -15.9a | -33.61a | 0a |
| Total operating expenses | -2,127.45a | -1,967.64a | -1,814.13a |
| Income from operations | 85.26a | 53.55a | 83.51a |
| Other income (expense), net | 62.58a | 37.04a | 8.3a |
| Income before provision for income taxes | 147.83a | 90.59a | 91.81a |
| Provision for income taxes | -41.1a | -29.28a | -18.74a |
| Net income | 106.74a | 61.31a | 73.07a |
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