Pure Storage (STU:6PU) Retained Earnings : €-1,408 Mil (As of Apr. 2024)

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What is Pure Storage Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pure Storage's retained earnings for the quarter that ended in Apr. 2024 was €-1,408 Mil.

Pure Storage's quarterly retained earnings increased from Oct. 2023 (€-1,460 Mil) to Jan. 2024 (€-1,355 Mil) but then declined from Jan. 2024 (€-1,355 Mil) to Apr. 2024 (€-1,408 Mil).

Pure Storage's annual retained earnings increased from Jan. 2022 (€-1,510 Mil) to Jan. 2023 (€-1,426 Mil) and increased from Jan. 2023 (€-1,426 Mil) to Jan. 2024 (€-1,355 Mil).

Pure Storage Retained Earnings Historical Data

The historical data trend for Pure Storage's Retained Earnings can be seen below:

* 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.

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Pure Storage Retained Earnings Chart

Pure Storage Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Retained Earnings

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-1,155.93

-1,284.88

-1,510.11

-1,426.39

-1,354.74

Pure Storage Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Retained Earnings	Get a 7-Day Free Trial															-1,463.27	-1,456.87	-1,459.51	-1,354.74	-1,408.03

Pure Storage Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Pure Storage (STU:6PU) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.

Pure Storage (STU:6PU) Business Description

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PSTG:USA

Address

650 Castro Street, Suite 400, Mountain View, CA, USA, 94041

Website

http://www.purestorage.com

Pure Storage Inc is a US-based company that provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. It generates revenue from two sources: product revenue which includes the sale of integrated storage hardware and embedded operating system software and; subscription services revenue which includes Evergreen Storage subscriptions, a unified subscription which includes Pure as-a-Service, and Cloud Block Store, and Portworx. Subscription services revenue also includes professional services offerings such as installation and implementation consulting services.

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