Pure Storage
Financials
Estimates*
USD | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|---|---|---|
Revenues | 1.7b | 2.2b | 2.8b | 2.8b | 3.1b | 3.5b | 3.9b |
% growth | 2 % | 29 % | 26 % | 3 % | 11 % | 13 % | 11 % |
EBITDA | (129m) | (15.2m) | 184m | 262m | 679m | 779m | 891m |
% EBITDA margin | (8 %) | (1 %) | 7 % | 9 % | 22 % | 22 % | 23 % |
Profit | (282m) | (143m) | 73.1m | 61.3m | 116m | 247m | 255m |
% profit margin | (17 %) | (7 %) | 3 % | 2 % | 4 % | 7 % | 6 % |
EV / revenue | 4.1x | 3.2x | 2.7x | 4.7x | 4.7x | 4.0x | 3.6x |
EV / EBITDA | -53.0x | -460.6x | 40.6x | 51.0x | 21.7x | 18.2x | 15.8x |
R&D budget | 480m | 582m | 693m | 737m | - | - | - |
R&D % of revenue | 29 % | 27 % | 25 % | 26 % | - | - | - |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $5.0m | Series A | |
N/A | $4.0m | Early VC | |
$20.0m | Series B | ||
$30.0m | Series C | ||
N/A | $860k | Late VC | |
$40.0m | Series D | ||
$150m | Series E | ||
$225m Valuation: $3.0b | Series F | ||
$60.0m | Secondary | ||
N/A | N/A | IPO | |
* | N/A | Post IPO Equity | |
* | $272k | Post IPO Equity | |
* | N/A | Post IPO Equity | |
Total Funding | CAD648m |
Related Content
Recent News about Pure Storage
EditPure Storage, Inc. is a technology company specializing in data storage solutions. It provides advanced storage technologies that help businesses manage and protect their data efficiently. The company operates in the data storage market, which includes cloud storage, hybrid cloud solutions, and data protection services. Pure Storage serves a diverse range of clients, from large enterprises to mid-sized companies, across various industries such as automotive, technology, and finance.
The company's business model revolves around selling both hardware and software solutions. Its flagship products include all-flash storage arrays, which are high-speed storage devices that use flash memory instead of traditional spinning hard drives. These products are designed to deliver faster data access and improved performance for applications. Additionally, Pure Storage offers a subscription-based service called Evergreen One, which provides continuous updates and maintenance for its storage systems, ensuring clients always have the latest technology without needing to replace their hardware.
Pure Storage makes money through direct sales of its storage products and subscription services. The company also generates revenue by offering professional services, such as consulting and support, to help clients optimize their data storage infrastructure. By focusing on innovation and sustainability, Pure Storage aims to provide efficient and environmentally friendly data storage solutions.
In summary, Pure Storage is a leader in the data storage industry, offering cutting-edge solutions that help businesses manage their data more effectively. Its combination of hardware sales, subscription services, and professional support enables it to meet the evolving needs of its clients while maintaining a strong market presence.
Keywords: data storage, flash storage, cloud solutions, hybrid cloud, data protection, Evergreen One, subscription service, enterprise clients, sustainability, innovation.