Pure Storage Inc

For the period ended Feb 4, 2024. Filed Apr 1, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2024 · Filed Apr 1, 2024

P$102.84+6.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Consolidated Balance Sheets

(inthousands, except per share data)

	At the End of Fiscal
	2023	2024
ASSETS
Current assets:
Cash and cash equivalents	$580,854	$702,536
Marketable securities	1,001,352	828,557
Accounts receivable, net of allowance of $1,057 and $1,060	612,491	662,179
Inventory	50,152	42,663
Deferred commissions, current	68,617	88,712
Prepaid expenses and other current assets	161,391	173,407
Total current assets	2,474,857	2,498,054
Property and equipment, net	272,445	352,604
Operating lease right-of-use assets	158,912	129,942
Deferred commissions, non-current	177,239	215,620
Intangible assets, net	49,222	33,012
Goodwill	361,427	361,427
Restricted cash	10,544	9,595
Other assets, non-current	38,814	55,506
Total assets	$3,543,460	$3,655,760
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$67,121	$82,757
Accrued compensation and benefits	232,636	250,257
Accrued expenses and other liabilities	123,749	135,755
Operating lease liabilities, current	33,707	44,668
Deferred revenue, current	718,149	852,247
Debt, current	574,506	—
Total current liabilities	1,749,868	1,365,684
Long-term debt	—	100,000
Operating lease liabilities, non-current	142,473	123,201
Deferred revenue, non-current	667,501	742,275
Other liabilities, non-current	42,385	54,506
Total liabilities	2,602,227	2,385,666
Commitments and contingencies (Note 7)
Stockholders’ equity:
Preferred stock, par value of $0.0001 per share— 20,000 shares authorized; no shares issued and outstanding	—	—
Class A and Class B common stock, par value of $0.0001 per share— 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized; 304,076 and 319,523 Class A shares issued and outstanding	30	32
Additional paid-in capital	2,493,769	2,749,595
Accumulated other comprehensive loss	(15,504)	(3,782)
Accumulated deficit	(1,537,062)	(1,475,751)
Total stockholders’ equity	941,233	1,270,094
Total liabilities and stockholders’ equity	$3,543,460	$3,655,760

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.