Pure Storage Inc

For the period ended Nov 3, 2024. Filed Dec 12, 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.

Nov 3, 2024 · Filed Dec 12, 2024

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

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

See the whole filing, with its images and exhibits

Condensed Consolidated Balance Sheets

(in thousands, except per share data, unaudited)

	At the End of
	Fiscal 2024	Third Quarter of Fiscal 2025
ASSETS
Current assets:
Cash and cash equivalents	$702,536	$894,569
Marketable securities	828,557	753,960
Accounts receivable, net of allowance of $1,060 and $956	662,179	578,224
Inventory	42,663	41,571
Deferred commissions, current	88,712	86,839
Prepaid expenses and other current assets	173,407	204,485
Total current assets	2,498,054	2,559,648
Property and equipment, net	352,604	431,353
Operating lease right-of-use assets	129,942	157,574
Deferred commissions, non-current	215,620	210,671
Intangible assets, net	33,012	23,039
Goodwill	361,427	361,427
Restricted cash	9,595	11,249
Other assets, non-current	55,506	99,504
Total assets	$3,655,760	$3,854,465
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$82,757	$102,021
Accrued compensation and benefits	250,257	155,652
Accrued expenses and other liabilities	135,755	141,846
Operating lease liabilities, current	44,668	47,941
Deferred revenue, current	852,247	897,174
Debt, current	—	100,000
Total current liabilities	1,365,684	1,444,634
Long-term debt	100,000	—
Operating lease liabilities, non-current	123,201	146,390
Deferred revenue, non-current	742,275	784,282
Other liabilities, non-current	54,506	68,573
Total liabilities	2,385,666	2,443,879
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 327,132 Class A shares issued and outstanding	32	33
Additional paid-in capital	2,749,595	2,820,977
Accumulated other comprehensive income (loss)	(3,782)	1,023
Accumulated deficit	(1,475,751)	(1,411,447)
Total stockholders’ equity	1,270,094	1,410,586
Total liabilities and stockholders’ equity	$3,655,760	$3,854,465

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.