Pure Storage Inc (PSTG)
Net profit margin
| Jan 31, 2025 | Feb 4, 2024 | Jan 31, 2024 | Feb 5, 2023 | Jan 31, 2023 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 106,739 | 61,311 | 61,311 | 73,071 | 73,071 |
| Revenue | US$ in thousands | 3,168,160 | 2,817,430 | 2,830,620 | 2,740,340 | 2,753,430 |
| Net profit margin | 3.37% | 2.18% | 2.17% | 2.67% | 2.65% |
January 31, 2025 calculation
Net profit margin = Net income ÷ Revenue
= $106,739K ÷ $3,168,160K
= 3.37%
Pure Storage Inc's net profit margin has shown some fluctuations over the past few years. In January 2023 and February 2023, the net profit margin was relatively stable at around 2.66%. However, there was a slight decline by January 2024 and February 2024, with the net profit margin dropping to around 2.17-2.18%.
Despite this decline, there was a noticeable improvement by January 2025, as the net profit margin increased to 3.37%. This suggests that Pure Storage Inc was able to enhance its profitability compared to the previous years, potentially through cost management strategies, revenue growth, or improved operational efficiencies.
Overall, while there have been fluctuations in Pure Storage Inc's net profit margin over the years, the recent increase in January 2025 indicates a positive trend towards improved profitability for the company.
Peer comparison
Jan 31, 2025