Pure Storage Inc (PSTG)
Net profit margin
| Feb 4, 2024 | Nov 5, 2023 | Aug 6, 2023 | Feb 5, 2023 | Nov 6, 2022 | Aug 7, 2022 | May 8, 2022 | Feb 6, 2022 | Oct 31, 2021 | Aug 1, 2021 | May 2, 2021 | Jan 31, 2021 | Nov 1, 2020 | Aug 2, 2020 | May 3, 2020 | Feb 2, 2020 | Oct 31, 2019 | Jul 31, 2019 | Apr 30, 2019 | Jan 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 203,183 | 136,958 | 77,491 | 73,071 | 13,543 | -14,401 | -70,588 | -143,259 | -210,495 | -255,986 | -275,688 | -282,076 | -234,434 | -190,194 | -191,245 | -200,987 | -222,091 | -220,289 | -214,394 | -178,362 |
| Revenue (ttm) | US$ in thousands | 3,045,861 | 2,925,792 | 2,812,791 | 2,740,340 | 2,620,290 | 2,503,928 | 2,347,376 | 2,138,936 | 1,939,256 | 1,789,279 | 1,701,785 | 1,655,283 | 1,642,376 | 1,661,874 | 1,651,679 | 1,612,149 | 1,523,755 | 1,475,105 | 1,395,086 | 1,332,979 |
| Net profit margin | 6.67% | 4.68% | 2.75% | 2.67% | 0.52% | -0.58% | -3.01% | -6.70% | -10.85% | -14.31% | -16.20% | -17.04% | -14.27% | -11.44% | -11.58% | -12.47% | -14.58% | -14.93% | -15.37% | -13.38% |
February 4, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $203,183K ÷ $3,045,861K
= 6.67%
The net profit margin of Pure Storage Inc has shown a fluctuating trend over the analyzed period. The company's net profit margin has ranged from -17.04% to 6.67%, indicating variability in its profitability.
In recent periods, from Feb 4, 2024, to Aug 6, 2023, the net profit margin has been positive, suggesting an improvement in the company's ability to generate profits relative to its revenue. However, prior periods, especially before Feb 2, 2020, show consistently negative net profit margins, indicating challenges in profitability.
It is essential for Pure Storage Inc to focus on maintaining and improving its net profit margin to ensure sustainable growth and financial health. The company may need to manage its costs effectively, improve revenue generation, and optimize its operations to enhance profitability and create long-term value for its stakeholders.
Peer comparison
Feb 4, 2024