Pure storage, inc. (PSTG)
Balance Sheet / Quarterly
Feb'20Oct'19Jul'19Apr'19Jan'19Oct'18Jul'18Apr'18Jan'18Oct'17Jul'17Apr'17Jan'17Oct'16Jul'16Apr'16Jan'16Oct'15Jan'15
ASSETS
Current assets:
Cash and cash equivalents

362,635

304,346

268,938

287,192

447,990

406,641

370,457

735,140

244,057

182,039

171,894

168,757

183,675

152,461

205,818

286,096

604,742

573,307

192,707

Marketable securities

936,518

936,969

913,521

878,958

749,482

737,020

736,205

362,817

353,289

369,337

351,123

367,218

362,986

365,785

364,356

320,899

0

-

-

Accounts receivable, net of allowance of $660 and $542 at the end of fiscal 2019 and 2020

458,643

362,115

352,617

311,843

378,729

305,649

242,409

195,926

243,001

202,006

168,404

132,134

168,978

163,038

118,532

97,164

126,324

112,126

59,032

Inventory

38,518

39,851

35,820

45,936

44,687

50,737

41,673

38,540

34,497

37,208

33,660

39,478

23,498

20,112

22,630

21,980

20,649

25,549

21,605

Deferred commissions, current

37,148

32,360

31,273

28,532

29,244

24,100

23,521

20,122

21,088

20,187

19,700

16,409

15,787

14,298

14,023

12,136

15,703

13,612

9,431

Prepaid expenses and other current assets

56,930

46,539

47,776

54,570

51,695

44,657

36,071

35,652

47,552

24,522

24,494

28,637

25,157

18,756

20,933

23,154

20,652

14,028

11,195

Total current assets

1,890,392

1,722,180

1,649,945

1,607,031

1,701,827

1,568,804

1,450,336

1,388,197

943,484

835,299

769,275

752,633

780,081

734,450

746,292

761,429

788,070

738,622

293,970

Property and equipment, net

122,740

130,236

131,048

129,185

125,353

115,266

101,718

94,280

89,142

84,264

81,850

82,293

81,695

82,088

78,523

71,255

52,629

47,117

39,859

Operating lease right-of-use assets

112,854

119,403

114,339

120,446

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred commissions, non-current

102,056

90,771

87,295

84,725

85,729

72,340

67,948

65,922

66,225

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

58,257

61,028

63,659

57,220

20,118

21,126

4,305

4,681

5,057

5,432

5,808

6,184

6,560

6,936

7,312

6,654

6,980

7,306

8,284

Goodwill

37,584

36,420

36,420

36,407

10,997

10,997

-

-

0

-

-

-

-

-

-

-

-

-

-

Deferred income taxes, non-current

-

1,239

939

1,118

-

1,766

1,534

1,175

1,060

965

877

795

844

1,074

815

605

536

4,886

0

Restricted cash

15,287

15,300

15,400

16,286

15,823

15,822

15,778

16,499

14,763

-

-

-

-

-

-

-

-

-

-

Other assets, non-current

25,034

16,215

16,904

16,771

13,178

5,245

4,610

5,305

4,264

36,596

32,322

30,970

30,565

29,588

29,262

21,532

22,568

20,097

14,177

Total assets

2,364,204

2,192,779

2,115,974

2,069,189

1,973,025

1,811,366

1,646,229

1,576,059

1,123,995

962,556

890,132

872,875

899,745

854,136

862,204

861,475

870,783

818,028

356,290

LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable

77,651

59,650

64,582

75,481

103,462

101,979

68,058

63,994

84,420

66,664

52,092

51,015

52,719

43,412

30,526

42,444

38,187

21,684

11,007

Accrued compensation and benefits

106,592

59,901

70,753

48,166

99,910

53,213

51,654

30,778

59,898

50,077

42,537

24,714

39,252

29,137

33,369

18,560

32,995

25,030

13,811

Accrued expenses and other liabilities

47,223

48,223

44,690

47,392

39,860

43,633

27,049

25,629

27,149

24,945

18,309

15,981

21,697

20,545

20,464

15,970

14,076

14,440

6,106

Operating lease liabilities, current

27,264

26,574

26,005

25,761

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, current

356,011

325,947

308,523

283,160

266,584

232,570

213,100

199,622

191,229

183,889

169,638

159,094

158,095

134,536

127,430

107,223

94,514

71,481

32,199

Liability related to early exercised stock options

-

-

-

-

-

0

0

0

-

568

816

1,064

1,362

3,967

4,274

4,584

4,760

4,942

6,485

Deferred income taxes, current

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

5,186

-

Total current liabilities

614,741

520,295

514,553

479,960

509,816

431,395

359,861

320,023

362,696

326,143

283,392

251,868

273,125

231,597

216,063

188,781

184,532

142,763

69,608

Convertible senior notes, net

477,007

470,014

463,118

456,318

449,828

443,212

436,687

430,253

0

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, non-current

92,977

100,023

94,941

101,112

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue, non-current

341,277

317,251

298,740

281,070

269,336

228,618

200,147

188,992

182,873

173,641

157,961

152,431

145,031

141,849

129,876

129,634

121,690

90,175

41,470

Deferred tax liabilities, non-current

-

5,658

5,697

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

300

Other liabilities, non-current

8,084

1,588

1,386

6,753

6,265

5,813

5,140

5,171

4,025

3,651

3,373

3,268

3,159

2,925

2,209

1,643

1,207

1,136

802

Total liabilities

1,534,086

1,414,829

1,378,435

1,325,213

1,235,245

1,109,038

1,001,835

944,439

549,594

503,435

444,726

407,567

421,315

376,371

348,148

320,058

307,429

234,074

112,180

Commitments and contingencies (Note 7)

-

-

-

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

Convertible preferred stock, par value of $0.0001 per share 123,880 and no shares authorized as of January 31, 2015 and 2016, 122,281 and no shares issued and outstanding as of January 31, 2015 and 2016; aggregate liquidation preference of $551,858 as of January 31, 2015

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

543,940

Stockholders’ equity:
Preferred stock, par value of $0.0001 per share— 20,000 shares authorized at the end of fiscal 2019 and 2020; no shares issued and outstanding at the end of fiscal 2019 and 2020

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Class A and Class B common stock, par value of $0.0001 per share— 2,250,000 (Class A 2,000,000, Class B 250,000) shares authorized at the end of fiscal 2019 and 2020; 243,524 and 264,008 Class A shares issued and outstanding at the end of fiscal 2019 and 2020

26

26

26

25

24

24

24

23

22

20

20

21

20

20

20

19

19

19

4

Additional paid-in capital

2,107,579

2,051,093

1,982,407

1,924,947

1,820,043

1,761,597

1,675,210

1,602,121

1,479,883

1,428,024

1,372,221

1,330,586

1,281,452

1,237,012

1,193,936

1,159,385

1,118,670

1,094,976

41,749

Accumulated other comprehensive income (loss)

5,449

5,116

3,409

1,289

-338

-3,099

-2,826

-2,633

-1,917

-719

-280

-445

-562

298

852

807

0

-

-

Accumulated deficit

-1,282,936

-1,278,285

-1,248,303

-1,182,285

-1,081,949

-1,056,194

-1,028,014

-967,891

-903,587

-968,204

-926,555

-864,854

-802,480

-759,565

-680,752

-618,794

-555,335

-511,041

-341,583

Total stockholders’ equity

830,118

777,950

737,539

743,976

737,780

702,328

644,394

631,620

574,401

459,121

445,406

465,308

478,430

477,765

514,056

541,417

563,354

583,954

-299,830

Total liabilities and stockholders’ equity

2,364,204

2,192,779

2,115,974

2,069,189

1,973,025

1,811,366

1,646,229

1,576,059

1,123,995

962,556

890,132

872,875

899,745

854,136

862,204

861,475

870,783

818,028

356,290