Pure Historical Income Statement

PSTG Stock  USD 54.60  1.71  3.23%   
Historical analysis of Pure Storage income statement accounts such as Total Revenue of 1.5 B, Gross Profit of 1 B, Other Operating Expenses of 1.6 B or Operating Income of 56.2 M can show how well Pure Storage performed in making a profits. Evaluating Pure Storage income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Pure Storage's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Pure Storage latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Pure Storage is a good buy for the upcoming year.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.

About Pure Income Statement Analysis

Pure Storage Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Pure Storage shareholders. The income statement also shows Pure investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Pure Storage Income Statement Chart

At this time, Pure Storage's EBIT is most likely to increase significantly in the upcoming years. The Pure Storage's current EBITDA is estimated to increase to about 233.6 M, while Selling General Administrative is projected to decrease to roughly 145.7 M.

Total Revenue

Total revenue comprises all receipts Pure Storage generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Pure Storage minus its cost of goods sold. It is profit before Pure Storage operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Pure Storage operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Pure Storage is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.
Most accounts from Pure Storage's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Pure Storage current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.At this time, Pure Storage's EBIT is most likely to increase significantly in the upcoming years. The Pure Storage's current EBITDA is estimated to increase to about 233.6 M, while Selling General Administrative is projected to decrease to roughly 145.7 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.5B1.9B2.0B1.0B
Total Revenue2.2B2.8B2.8B1.5B

Pure Storage income statement Correlations

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0.540.550.510.610.620.560.910.930.590.970.590.550.930.730.910.830.730.830.730.820.70.790.59
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0.520.480.440.490.510.460.590.680.50.740.440.470.650.760.610.790.70.950.80.840.780.840.53
0.350.290.250.310.320.270.670.740.30.770.260.270.750.90.730.680.790.760.690.780.640.840.86
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Click cells to compare fundamentals

Pure Storage Account Relationship Matchups

Pure Storage income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization89.7M70.0M83.2M100.4M124.4M70.3M
Interest Expense26.1M31.4M36.7M4.7M7.5M10.6M
Selling General Administrative163.2M182.5M190.0M238.0M252.2M145.7M
Selling And Marketing Expenses728.0M716.0M799.0M883.6M945.0M594.3M
Total Revenue1.6B1.7B2.2B2.8B2.8B1.5B
Gross Profit1.1B1.1B1.5B1.9B2.0B1.0B
Other Operating Expenses1.8B1.9B2.3B2.7B2.7B1.6B
Operating Income(191.3M)(230.0M)(98.4M)83.5M53.6M56.2M
Ebit(191.3M)(238.8M)(91.8M)83.5M98.1M103.0M
Research Development433.7M480.5M581.9M692.5M736.8M409.6M
Ebitda(101.6M)(168.7M)(8.7M)183.9M222.5M233.6M
Cost Of Revenue509.9M535.3M708.3M855.8M809.4M475.2M
Total Operating Expenses1.3B1.4B1.6B1.8B1.9B1.1B
Income Before Tax(194.7M)(270.2M)(128.5M)91.8M90.6M95.1M
Total Other Income Expense Net(3.4M)(9.1M)(30.1M)8.3M37.0M38.9M
Net Income(201.0M)(282.1M)(143.3M)73.1M61.3M64.4M
Income Tax Expense6.3M11.9M14.8M18.7M29.3M30.7M
Net Income From Continuing Ops(201.0M)(282.1M)(143.3M)73.1M61.3M64.4M
Net Income Applicable To Common Shares(201.0M)(282.1M)(143.3M)73.1M84.0M88.2M
Tax Provision6.3M11.9M14.8M18.7M29.3M30.7M
Interest Income27.2M17.4M9.4M17.3M50.4M52.9M
Reconciled Depreciation89.7M70.0M83.2M100.4M124.4M94.3M

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When determining whether Pure Storage is a strong investment it is important to analyze Pure Storage's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Pure Storage's future performance. For an informed investment choice regarding Pure Stock, refer to the following important reports:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pure Storage. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
For more detail on how to invest in Pure Stock please use our How to Invest in Pure Storage guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pure Storage. If investors know Pure will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pure Storage listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.14)
Earnings Share
0.43
Revenue Per Share
9.4
Quarterly Revenue Growth
0.109
Return On Assets
0.0267
The market value of Pure Storage is measured differently than its book value, which is the value of Pure that is recorded on the company's balance sheet. Investors also form their own opinion of Pure Storage's value that differs from its market value or its book value, called intrinsic value, which is Pure Storage's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pure Storage's market value can be influenced by many factors that don't directly affect Pure Storage's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pure Storage's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pure Storage is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pure Storage's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.