Pure Storage Inc (PSTG)
Gross profit margin
| Jan 31, 2025 | Feb 4, 2024 | Jan 31, 2024 | Feb 5, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 2,212,710 | 2,021,190 | 2,021,190 | 1,897,650 | 1,897,650 |
| Revenue | US$ in thousands | 3,168,160 | 2,817,430 | 2,830,620 | 2,740,340 | 2,753,430 |
| Gross profit margin | 69.84% | 71.74% | 71.40% | 69.25% | 68.92% |
January 31, 2025 calculation
Gross profit margin = Gross profit ÷ Revenue
= $2,212,710K ÷ $3,168,160K
= 69.84%
Based on the data provided, Pure Storage Inc's gross profit margin has shown fluctuations over the past few years. The gross profit margin increased from 68.92% in January 31, 2023, to 69.25% in February 5, 2023. Subsequently, there was a notable improvement in the gross profit margin to 71.40% by January 31, 2024, and a further increase to 71.74% by February 4, 2024. However, there was a slight decline in the gross profit margin to 69.84% by January 31, 2025.
Overall, Pure Storage Inc's gross profit margin has demonstrated a generally positive trend, with improvements in most periods analyzed. It is essential to continue monitoring the company's gross profit margin to assess its operational efficiency and pricing strategies effectively.
Peer comparison
Jan 31, 2025