Pure Storage

Pure Storage achieved $35 million in net new ARR over the last 90 days, reflecting the company's strong performance in building its subscription services business.

Over the past seven years, Pure Storage has grown its ARR from $200 million to $1.6 billion, a compound annual growth rate of 35%. With strategic investments, the company spends 30% of revenue on sales and marketing and 25% on R&D, while maintaining strong efficiency with a 5% operating margin and 17% free cash flow margin.

Trading at a valuation of over $20 billion, Pure Storage continues to demonstrate robust financial performance and scalability.

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