Pure Storage Past Earnings Performance
Past criteria checks 3/6
Pure Storage has been growing earnings at an average annual rate of 57.2%, while the Tech industry saw earnings growing at 38.2% annually. Revenues have been growing at an average rate of 15.3% per year. Pure Storage's return on equity is 9.4%, and it has net margins of 4.5%.
Key information
57.2%
Earnings growth rate
57.9%
EPS growth rate
| Tech Industry Growth | 14.3% |
| Revenue growth rate | 15.3% |
| Return on equity | 9.4% |
| Net Margin | 4.5% |
| Last Earnings Update | 04 Aug 2024 |
Recent past performance updates
Recent updates
Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly
Aug 07
Pure Storage, Inc. (NYSE:PSTG) Shares Could Be 36% Below Their Intrinsic Value Estimate
Jul 25Pure Storage: Market Share Gains And AI Opportunities Make This A Substantial Opportunity
Jul 12Pure Storage: Cash Heavy, But Future Uncertain, I'm Neutral (Downgrade)
Jul 02Is Now The Time To Put Pure Storage (NYSE:PSTG) On Your Watchlist?
Jun 12Pure Storage, Inc. (NYSE:PSTG) Looks Just Right With A 26% Price Jump
May 31Pure Storage: Strike While The Iron Is Hot
May 30Is It Too Late To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?
May 12These 4 Measures Indicate That Pure Storage (NYSE:PSTG) Is Using Debt Safely
Apr 30Pure Storage: Optimistic On The Growth Runway Ahead
Apr 11Are Investors Undervaluing Pure Storage, Inc. (NYSE:PSTG) By 24%?
Apr 03Investors Appear Satisfied With Pure Storage, Inc.'s (NYSE:PSTG) Prospects As Shares Rocket 30%
Mar 22Pure Storage: Finally Getting Its Moment In The Sun
Mar 04Pure Storage (NYSE:PSTG) Is Looking To Continue Growing Its Returns On Capital
Mar 03Is Now An Opportune Moment To Examine Pure Storage, Inc. (NYSE:PSTG)?
Feb 07Does Pure Storage (NYSE:PSTG) Have A Healthy Balance Sheet?
Jan 26Pure Storage's Financial Strength: 10% Net Cash Position
Jan 26Pure Storage, Inc.'s (NYSE:PSTG) P/S Is On The Mark
Jan 04Pure Storage: Subscription Wins Will Drive Further Gains
Dec 17Investors Will Want Pure Storage's (NYSE:PSTG) Growth In ROCE To Persist
Dec 01Pure Storage: Data-Driven Growth With Long Runway
Nov 10We Think Pure Storage (NYSE:PSTG) Can Stay On Top Of Its Debt
Oct 23Pure Storage: Storing Value In Data Innovation, 18x FCF
Oct 02Pure Storage: ARR Gains Will Pave The Way For Further Stock Appreciation
Sep 07Pure Storage: Building Momentum And Partnerships Ahead Of Q2 2024 Financial Results
Aug 29There's Been No Shortage Of Growth Recently For Pure Storage's (NYSE:PSTG) Returns On Capital
Jul 30Is It Time To Consider Buying Pure Storage, Inc. (NYSE:PSTG)?
Jul 09Pure Storage: Flash Innovation Is Driving Momentum
Jun 24Pure Storage: Product Innovation Driving Growth With Profitability And Market Share Gains
Jun 08Pure Storage (NYSE:PSTG) Seems To Use Debt Rather Sparingly
Jun 01Returns Are Gaining Momentum At Pure Storage (NYSE:PSTG)
Apr 29Is Pure Storage, Inc. (NYSE:PSTG) Trading At A 33% Discount?
Apr 11Revenue & Expenses Breakdown
How Pure Storage makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 04 Aug 24 | 3,010 | 136 | 1,251 | 758 |
| 05 May 24 | 2,935 | 94 | 1,225 | 745 |
| 04 Feb 24 | 2,831 | 61 | 1,197 | 737 |
| 05 Nov 23 | 2,851 | 70 | 1,201 | 735 |
| 06 Aug 23 | 2,764 | -1 | 1,182 | 733 |
| 07 May 23 | 2,722 | 17 | 1,152 | 717 |
| 05 Feb 23 | 2,753 | 73 | 1,122 | 693 |
| 06 Nov 22 | 2,652 | 14 | 1,094 | 670 |
| 07 Aug 22 | 2,538 | -14 | 1,062 | 637 |
| 08 May 22 | 2,389 | -71 | 1,032 | 612 |
| 06 Feb 22 | 2,181 | -143 | 989 | 582 |
| 31 Oct 21 | 1,975 | -210 | 955 | 550 |
| 01 Aug 21 | 1,823 | -256 | 929 | 525 |
| 02 May 21 | 1,730 | -276 | 911 | 499 |
| 31 Jan 21 | 1,684 | -282 | 898 | 480 |
| 01 Nov 20 | 1,673 | -234 | 883 | 465 |
| 02 Aug 20 | 1,691 | -190 | 887 | 449 |
| 03 May 20 | 1,684 | -191 | 897 | 441 |
| 02 Feb 20 | 1,643 | -201 | 891 | 434 |
| 31 Oct 19 | 1,574 | -222 | 866 | 415 |
| 31 Jul 19 | 1,518 | -220 | 830 | 400 |
| 30 Apr 19 | 1,431 | -214 | 781 | 377 |
| 31 Jan 19 | 1,360 | -178 | 722 | 350 |
| 31 Oct 18 | 1,277 | -168 | 678 | 329 |
| 31 Jul 18 | 1,182 | -169 | 635 | 307 |
| 30 Apr 18 | 1,098 | -167 | 597 | 292 |
| 31 Jan 18 | 1,025 | -160 | 559 | 279 |
| 31 Oct 17 | 913 | -188 | 513 | 276 |
| 31 Jul 17 | 832 | -237 | 484 | 269 |
| 30 Apr 17 | 771 | -238 | 452 | 258 |
| 31 Jan 17 | 739 | -222 | 432 | 246 |
| 31 Oct 16 | 650 | -246 | 413 | 227 |
| 31 Jul 16 | 585 | -224 | 380 | 208 |
| 30 Apr 16 | 506 | -228 | 348 | 188 |
| 31 Jan 16 | 440 | -214 | 304 | 167 |
| 31 Oct 15 | 356 | -217 | 270 | 142 |
| 31 Jul 15 | 274 | -201 | 234 | 122 |
| 30 Apr 15 | 224 | -202 | 216 | 112 |
| 31 Jan 15 | 174 | -183 | 185 | 93 |
| 31 Jan 14 | 43 | -79 | 61 | 36 |
Quality Earnings: PSTG has high quality earnings.
Growing Profit Margin: PSTG became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: PSTG has become profitable over the past 5 years, growing earnings by 57.2% per year.
Accelerating Growth: PSTG has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: PSTG has become profitable in the last year, making it difficult to compare its past year earnings growth to the Tech industry (31.4%).
Return on Equity
High ROE: PSTG's Return on Equity (9.4%) is considered low.