Pure Storage, Inc. (PSTG)

Pure Storage Income Statement

Financials in millions USD. Fiscal year is March - February.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 4, 2025	Feb 2, 2025	Feb 4, 2024	Feb 5, 2023	Feb 6, 2022	Jan 31, 2021
Revenue	3,253	3,168	2,831	2,753	2,181	1,684
Revenue Growth (YoY)	10.85%	11.92%	2.80%	26.25%	29.49%	2.48%
Cost of Revenue	1,000	955.46	809.43	855.79	708.33	534.36
Gross Profit	2,253	2,213	2,021	1,898	1,473	1,150
Selling, General & Admin	1,325	1,307	1,197	1,122	988.98	898.49
Research & Development	832.33	804.41	736.76	692.53	581.94	480.47
Operating Expenses	2,157	2,112	1,934	1,814	1,571	1,379
Operating Income	95.46	101.16	87.16	83.51	-98.4	-229.13
Interest Expense	-7.61	-7.81	-7.48	-4.75	-36.68	-31.4
Interest & Investment Income	74.7	76.02	50.41	17.32	9.37	17.44
Currency Exchange Gain (Loss)	7.49	-9.08	-5.71	-8.35	-5.24	2.51
Other Non Operating Income (Expenses)	5.56	3.45	-0.19	4.07	2.44	2.33
EBT Excluding Unusual Items	175.6	163.74	124.2	91.81	-128.5	-238.26
Merger & Restructuring Charges	-6	-15.9	-33.61	-	-	-22.1
Other Unusual Items	-	-	-	-	-	-9.8
Pretax Income	176	147.83	90.59	91.81	-128.5	-270.16
Income Tax Expense	48.25	41.1	29.28	18.74	14.76	11.92
Net Income	127.75	106.74	61.31	73.07	-143.26	-282.08
Net Income to Common	127.75	106.74	61.31	73.07	-143.26	-282.08
Net Income Growth	36.34%	74.09%	-16.09%	-	-	-
Shares Outstanding (Basic)	327	326	312	299	286	268
Shares Outstanding (Diluted)	344	343	333	339	286	268
Shares Change (YoY)	2.06%	3.05%	-1.95%	18.64%	6.74%	5.93%
EPS (Basic)	0.39	0.33	0.20	0.24	-0.50	-1.05
EPS (Diluted)	0.37	0.31	0.19	0.23	-0.50	-1.05
EPS Growth	32.17%	66.44%	-17.30%	-	-	-
Free Cash Flow	565.78	526.87	482.56	609.1	307.84	92.67
Free Cash Flow Per Share	1.65	1.54	1.45	1.80	1.08	0.35
Gross Margin	69.25%	69.84%	71.41%	68.92%	67.52%	68.27%
Operating Margin	2.93%	3.19%	3.08%	3.03%	-4.51%	-13.61%
Profit Margin	3.93%	3.37%	2.17%	2.65%	-6.57%	-16.75%
Free Cash Flow Margin	17.39%	16.63%	17.05%	22.12%	14.12%	5.50%
EBITDA	221.94	227.81	211.58	183.95	-15.25	-159.09
EBITDA Margin	6.82%	7.19%	7.47%	6.68%	-0.70%	-9.45%
D&A For EBITDA	126.48	126.65	124.42	100.43	83.15	70.04
EBIT	95.46	101.16	87.16	83.51	-98.4	-229.13
EBIT Margin	2.93%	3.19%	3.08%	3.03%	-4.51%	-13.61%
Effective Tax Rate	27.41%	27.80%	32.32%	20.41%	-	-
Revenue as Reported	3,253	3,168	2,831	2,753	2,181	1,684
Advertising Expenses	-	6.2	11.3	11.1	15.3	8.1

Updated May 28, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q