Pure Storage Inc

For the period ended Aug 4, 2024. Filed Sep 11, 2024.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Aug 4, 2024 · Filed Sep 11, 2024

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

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Condensed Consolidated Balance Sheets

(in thousands, except per share data, unaudited)

	At the End of
	Fiscal 2024	Second Quarter of Fiscal 2025
ASSETS
Current assets:
Cash and cash equivalents	$702,536	$965,028
Marketable securities	828,557	855,453
Accounts receivable, net of allowance of $1,060 and $959	662,179	416,501
Inventory	42,663	43,548
Deferred commissions, current	88,712	87,424
Prepaid expenses and other current assets	173,407	185,072
Total current assets	2,498,054	2,553,026
Property and equipment, net	352,604	396,676
Operating lease right-of-use assets	129,942	138,781
Deferred commissions, non-current	215,620	210,755
Intangible assets, net	33,012	27,004
Goodwill	361,427	361,427
Restricted cash	9,595	14,779
Other assets, non-current	55,506	78,825
Total assets	$3,655,760	$3,781,273
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$82,757	$68,104
Accrued compensation and benefits	250,257	176,553
Accrued expenses and other liabilities	135,755	119,430
Operating lease liabilities, current	44,668	49,575
Deferred revenue, current	852,247	869,332
Total current liabilities	1,365,684	1,282,994
Long-term debt	100,000	100,000
Operating lease liabilities, non-current	123,201	128,674
Deferred revenue, non-current	742,275	754,328
Other liabilities, non-current	54,506	62,116
Total liabilities	2,385,666	2,328,112
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; 319,523 and 327,465 Class A shares issued and outstanding	32	33
Additional paid-in capital	2,749,595	2,925,507
Accumulated other comprehensive income (loss)	(3,782)	2,707
Accumulated deficit	(1,475,751)	(1,475,086)
Total stockholders’ equity	1,270,094	1,453,161
Total liabilities and stockholders’ equity	$3,655,760	$3,781,273

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