Earnings Summary

Pure Storage, Inc.’s revenue fell -2.52% since last year same period to $789.81Mn in the Q1 2024. On a quarterly growth basis, Pure Storage, Inc. has generated 3.54% jump in its revenue since last 3-months.

Pure Storage, Inc.’s net profit fell -12.13% since last year same period to $65.44Mn in the Q1 2024. On a quarterly growth basis, Pure Storage, Inc. has generated -7.03% fall in its net profits since last 3-months.

Pure Storage, Inc.’s net profit margin fell -9.86% since last year same period to 8.29% in the Q1 2024. On a quarterly growth basis, Pure Storage, Inc. has generated -10.21% fall in its net profit margins since last 3-months.

Pure Storage, Inc.’s price-to-earnings ratio after this Q1 2024 earnings stands at 275.26.

Pure Storage, Inc.’s earning per share (EPS) estimates for the current quarter stand at 0.21 - a -52.27% fall from last quarter’s estimates.

Pure Storage, Inc.’s earning per share (EPS) estimates for the current year stand at 0.21.

Pure Storage, Inc.’s earning per share (EPS) fell -5.66% since last year same period to 0.5 in the Q1 2024. This indicates that the Pure Storage, Inc. has generated -5.66% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Pure Storage, Inc.’s return on assets (ROA) stands at 0.02.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Pure Storage, Inc.’s return on equity (ROE) stands at 0.06.