Pure Storage’s Revenue Breakdown (2016-2022)

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This statistic highlights Pure Storage’s Revenue Breakdown, split between products and services, reported on a quarterly basis from Q1 2016 onwards. 
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This statistic highlights Pure Storage’s Revenue Breakdown, split between products and services, reported on a quarterly basis from Q1 2016 onwards.

Pure Storage’s Revenue Breakdown

The following table highlights the company’s revenue disaggregation in some of its recent quarters.

Category Q3 2021 Q2 2022 Q3 2022 Contribution in Q3 2022
Products $274.47 $324.93 $374.91 66.62%
Services $136.15 $171.90 $187.83 33.38
Total $410.62 $496.83 $562.74 100.00%

(All figures in millions, except percentages)

Products

The company’s Cloud Data Infrastructure products comprise FlashBlade and FlashArray integrated appliances, which incorporate the company’s proprietary Purity Operating Environment (Purity OE) software, as bifurcated below:

Purity Operating Environment Software

Purity OE software is the heart of the company’s data platform, which executes enterprise-class storage services such as encryption, data reduction, and data protection, along with protocol services such as file, block, and object. Purity OE’s variants have been optimized for both FlashArray and FlashBlade platforms. The software is devised to uphold performance through failures and enforces strong data-at-rest encryption of all data. Purity OE allows the company’s arrays to be readily upgraded without waiting for scheduled downtime, establishing new anticipations for storage resilience.

FlashArray

FlashArray is the company’s solution for handling block-oriented storage, primarily utilized for application, database, and virtual machine workloads. It is the industry’s foremost all-flash array and has driven the industry-wide evolution from disk to flash. The solution is made available in two varieties:

  • FlashArray//X (//X), developed for the high-performance Tier1 workloads, leveraging Storage Class Memory (SCM), and 3D TLC flash
  • FlashArray//C (//C), developed for capacity Tier2 workloads, leveraging lower-cost QLC flash memory.

Both of these employ the Purity//FA software, which is wholly optimized for the distinctive characteristics of flash memory and delivers both interoperability and consistency of data between //X and //C.

FlashBlade

FlashBlade is the company’s solution for unified fast file and object storage, primarily utilized for “big data” applications such as AI, log analytics, real-time analytics, and data protection and recovery workloads. It is the industry’s foremost all-flash array developed for big data workloads and allows all-flash hardware to scale to multi-Petabyte scale deployments. FlashBlade’s multiple protocols and large scale permit it to be utilized as a Data Hub, allowing users to consolidate webscale cloud applications, application development, large data analytics, and backup and recovery workloads, providing all-flash execution in a cost-effective way.

FlashStack and AIRI

In addition, the company also offers two all-flash combined infrastructure solutions known as FlashStack and AIRI (AI-Ready Infrastructure). FlashStack is a combined solution with Cisco which bundles FlashArray and FlashBlade with Cisco UCS Servers and Networking to provide a complete full-stack solution. AIRI is a combined solution with Nvidia which combines FlashBlade with Nvidia DGX AI Servers to build a turnkey infrastructure for artificial intelligence workloads.

Subscription Services

The company’s ingenious subscription services offer a wide range of services to meet the IT and data requirements of users and primarily comprise Cloud Block Store, Evergreen Storage subscription, and PaaS.

Evergreen Storage Subscription and Pure1

Evergreen Storage subscription is usually sold jointly with the company’s Cloud Data Infrastructure solutions and remarkably expands the life span of company solutions. Evergreen Storage subscription eradicates disruptive data migrations and downtime via onsite technical support, software upgrades and updates, and the choice of obtaining hardware upgrades. This subscription comprises Pure1, which is cloud-based management and support offering that allows its users, its partners, and its support staff to seamlessly and securely collaborate which results in maximization of the trustworthiness in the company’s platform at the same time minimizing management overhead and expense to the customer.

Pure as-a-Service

PaaS facilitates customers to subscribe to stipulated services to meet their need for storage based upon performance and capacity whether in the public cloud or on-premise. PaaS employs Cloud Data Infrastructure and software technology which provides the user with flexibility in respect of consumption and expense of their work-load needs. This includes allowing a consumer to transfer their workloads between on-premise and cloud environments by employing the company’s Cloud Block Store technology. PaaS incorporates a Service Catalog, which aims to revolutionize the industries by publicizing transparent pricing for on-premise and hybrid cloud storage provided as-a-Service, delivering an efficient purchasing model for users.

Cloud Block Store

Cloud Block Store delivers industrial-strength block storage services, operating natively in the public cloud on top of basic cloud storage. Cloud Block Store is based on Purity OE software that is utilized in on-premise environments, allowing users to efficiently acquire hybrid cloud workflows. Cloud Block Store delivers users with a uniform storage experience and flexibility to manage a hybrid cloud model, leveraging both public and on-premise cloud infrastructure.

About the company

Founded in 2009, Pure storage Inc. delivers ingenious and disruptive technology and data storage solutions enabling consumers to maximize the value of their data. A wide range of unstructured and structured data, at scale and across any data workloads in the cloud, on-premise, or hybrid environments are supported by the company’s solutions, which include analytics, test/development, disaster recovery, mission-critical production, and backup/recovery. The company is headquartered in Mountain View, California, and was having over 3,800 employees distributed in about 39 countries as of the fiscal year 2022. The common stock of Pure Storage is publically traded on the New York Stock Exchange under the ticker symbol “PSTG”.

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