Pure Storage (Pure Storage) Gross Profit : $2,021 Mil (TTM As of Jan. 2024)

Pure Storage Gross Profit Chart

Pure Storage Annual Data
	Trend	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23	Jan24
Gross Profit		Get a 7-Day Free Trial					1,133.55	1,148.92	1,472.52	1,897.65	2,021.19

Pure Storage Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Gross Profit	Get a 7-Day Free Trial															561.32	413.35	486.59	552.75	568.50

Competitive Comparison of Pure Storage's Gross Profit

For the Computer Hardware subindustry, Pure Storage's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Pure Storage's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Pure Storage's Gross Profit distribution charts can be found below:

* The bar in red indicates where Pure Storage's Gross Profit falls into.

Pure Storage Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Pure Storage's Gross Profit for the fiscal year that ended in Jan. 2024 is calculated as

Pure Storage's Gross Profit for the quarter that ended in Jan. 2024 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,021 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Pure Storage's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Pure Storage  (NYSE:PSTG) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Pure Storage had a gross margin of 71.98% for the quarter that ended in Jan. 2024 => Durable competitive advantage

Pure Storage Gross Profit Related Terms

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Pure Storage (Pure Storage) Business Description