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	Aug 3, 2025	Feb 2, 2025	Feb 4, 2024	Feb 5, 2023	Feb 6, 2022	Jan 31, 2021
Revenue	3,350	3,168	2,831	2,753	2,181	1,684
Revenue Growth (YoY)	11.31%	11.92%	2.80%	26.25%	29.49%	2.48%
Cost of Revenue	1,033	955.46	809.43	855.79	708.33	534.36
Gross Profit	2,317	2,213	2,021	1,898	1,473	1,150
Selling, General & Admin	1,363	1,307	1,197	1,122	988.98	898.49
Research & Development	878.86	804.41	736.76	692.53	581.94	480.47
Operating Expenses	2,242	2,112	1,934	1,814	1,571	1,379
Operating Income	75.45	101.16	87.16	83.51	-98.4	-229.13
Interest Expense	-6.63	-7.81	-7.48	-4.75	-36.68	-31.4
Interest & Investment Income	69.83	76.02	50.41	17.32	9.37	17.44
Currency Exchange Gain (Loss)	8.4	-9.08	-5.71	-8.35	-5.24	2.51
Other Non Operating Income (Expenses)	4.41	3.45	-0.19	4.07	2.44	2.33
EBT Excluding Unusual Items	151.46	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	182.26	147.83	90.59	91.81	-128.5	-270.16
Income Tax Expense	43.06	41.1	29.28	18.74	14.76	11.92
Net Income	139.2	106.74	61.31	73.07	-143.26	-282.08
Net Income to Common	139.2	106.74	61.31	73.07	-143.26	-282.08
Net Income Growth	1.98%	74.09%	-16.09%	-	-	-
Shares Outstanding (Basic)	327	326	312	299	286	268
Shares Outstanding (Diluted)	341	343	333	339	286	268
Shares Change (YoY)	-2.54%	3.05%	-1.95%	18.64%	6.74%	5.93%
EPS (Basic)	0.43	0.33	0.20	0.24	-0.50	-1.05
EPS (Diluted)	0.41	0.31	0.19	0.23	-0.50	-1.05
EPS Growth	4.75%	66.44%	-17.30%	-	-	-
Free Cash Flow	549.35	526.87	482.56	609.1	307.84	92.67
Free Cash Flow Per Share	1.61	1.54	1.45	1.80	1.08	0.35
Gross Margin	69.16%	69.84%	71.41%	68.92%	67.52%	68.27%
Operating Margin	2.25%	3.19%	3.08%	3.03%	-4.51%	-13.61%
Profit Margin	4.15%	3.37%	2.17%	2.65%	-6.57%	-16.75%
Free Cash Flow Margin	16.40%	16.63%	17.05%	22.12%	14.12%	5.50%
EBITDA	201.98	227.81	211.58	183.95	-15.25	-159.09
EBITDA Margin	6.03%	7.19%	7.47%	6.68%	-0.70%	-9.45%
D&A For EBITDA	126.52	126.65	124.42	100.43	83.15	70.04
EBIT	75.45	101.16	87.16	83.51	-98.4	-229.13
EBIT Margin	2.25%	3.19%	3.08%	3.03%	-4.51%	-13.61%
Effective Tax Rate	23.63%	27.80%	32.32%	20.41%	-	-
Revenue as Reported	3,350	3,168	2,831	2,753	2,181	1,684
Advertising Expenses	-	6.2	11.3	11.1	15.3	8.1

Updated Aug 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q