How Does Pure Storage (PSTG) Make Money?
Price: $51.15
Market Cap: $16.69B
Avg Volume: 2.71M
Market Cap: $16.69B
Avg Volume: 2.71M
Country: US
Industry: Computer Hardware
Sector: Technology
Industry: Computer Hardware
Sector: Technology
Revenue Breakdown Overview
Pure Storage generates revenue through various business segments and geographic regions. Here's a comprehensive breakdown of how the company makes money:
Product & Service Revenue Segments
Pure Storage's revenue comes from the following main product/service categories (Total Revenue: $2.83B):
- Service: $1.21B (42.7% of total)
- Product: $1.62B (57.3% of total)
Geographic Revenue Distribution
The company's revenue is distributed across these geographic regions (Total Revenue: $2.83B):
- United States: $1.98B (69.9% of total)
- Non-US: $851.30M (30.1% of total)
Revenue by Product Segment (2024)
Revenue by Geographic Region (2024)
Revenue Segments Over Time
Historical Revenue by Product Segment
| Year | Total Revenue | Product | Service |
|---|---|---|---|
| 2024 | $2.83B | $1.62B | $1.21B |
| 2023 | $2.75B | $1.79B | $961.28M |
| 2022 | $2.18B | $1.44B | $738.51M |
| 2021 | $1.68B | $557.39M | $- |
| 2020 | $1.64B | $1.24B | $- |
| 2019 | $1.36B | $191.10M | $- |
Geographic Revenue Over Time
Historical Revenue by Geographic Region
| Year | Total Revenue | Non-US | United States |
|---|---|---|---|
| 2024 | $2.83B | $851.30M | $1.98B |
| 2023 | $2.75B | $781.68M | $1.97B |
| 2022 | $2.18B | $600.83M | $1.58B |
| 2021 | $1.68B | $488.75M | $1.20B |
| 2020 | $1.64B | $458.52M | $1.18B |
| 2019 | $1.36B | $380.37M | $979.45M |
| 2018 | $1.02B | $260.63M | $- |
Related Metrics
Explore detailed financial metrics and analysis for PSTG.