Pure Storage, Inc. (P) FY2025 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2024-02-05 to 2024-05-05

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Pure Storage, Inc. cash flow reconciliation, Feb 5, 2024 through May 5, 2024One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Orange marks positive customer-advance and deferred-revenue changes that add to operating cash in the reconciliation. These are net changes, not gross customer receipts. Negative changes are neutral reconciliation adjustments; they do not by themselves identify cash payments. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Accounts receivable, net → operating reconciliation: $238,768,000.00Stock-based compensation expense → operating reconciliation: $112,994,000.00Depreciation and amortization → operating reconciliation: $33,943,000.00Operating lease right-of-use assets → operating reconciliation: $8,122,000.00Deferred commissions → operating reconciliation: $7,707,000.00Deferred revenue → operating reconciliation: $6,954,000.00Noncash portion of lease impairment and abandonment → operating reconciliation: $3,270,000.00Other → operating reconciliation: $1,606,000.00operating reconciliation → Net cash from operating activities: $221,500,000.00operating reconciliation → Net loss: $35,009,000.00operating reconciliation → Accrued compensation and other liabilities: $109,124,000.00operating reconciliation → Accounts payable: $26,581,000.00operating reconciliation → Operating lease liabilities: $10,226,000.00operating reconciliation → Prepaid expenses and other assets: $9,219,000.00operating reconciliation → Inventory: $1,705,000.00Proceeds from issuance of common stock under employee stock purchase plan → financing reconciliation: $25,328,000.00Net proceeds from exercise of stock options → financing reconciliation: $13,223,000.00financing reconciliation → Net cash from financing activities: $24,974,000.00financing reconciliation → Tax withholding on vesting of equity awards: $12,478,000.00financing reconciliation → Principal payments on borrowings and finance lease obligations: $1,099,000.00Net cash used in investing activities → investing reconciliation: $48,395,000.00Maturities of marketable securities → investing reconciliation: $127,857,000.00Sales of marketable securities → investing reconciliation: $37,689,000.00investing reconciliation → Purchases of marketable securities and other: $165,123,000.00investing reconciliation → Purchases of property and equipment: $48,818,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $712,131,000.00Net cash from operating activities → Cash sources and uses: $221,500,000.00Net cash from financing activities → Cash sources and uses: $24,974,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $910,210,000.00Cash sources and uses → Net cash used in investing activities: $48,395,000.00Net loss: -$35,009,000.00Net loss−$35.01 MDepreciation and amortization: $33,943,000.00Depreciation & amortization+$33.94 MStock-based compensation expense: $112,994,000.00Stock-based compensation+$112.99 MNoncash portion of lease impairment and abandonment: $3,270,000.00Lease asset impairment+$3.27 MOther: $1,606,000.00Other non-cash items+$1.61 MAccounts receivable, net: $238,768,000.00Accounts receivable+$238.77 MInventory: -$1,705,000.00Inventories−$1.71 MDeferred commissions: $7,707,000.00Deferred commissions+$7.71 MPrepaid expenses and other assets: -$9,219,000.00Prepaid & other assets−$9.22 MOperating lease right-of-use assets: $8,122,000.00Operating lease right-of-use+$8.12 MAccounts payable: -$26,581,000.00Accounts payable−$26.58 MAccrued compensation and other liabilities: -$109,124,000.00Accrued comp & other liabilities−$109.12 MOperating lease liabilities: -$10,226,000.00Operating lease liabilities−$10.23 MDeferred revenue: $6,954,000.00Deferred revenue+$6.95 MNet cash from operating activities: $221,500,000.00Operating cash+$221.50 Moperating reconciliation: $413,364,000.00Principal payments on borrowings and finance lease obligations: -$1,099,000.00Debt & capital securities repaid−$1.10 MProceeds from borrowings: $0.00Net proceeds from exercise of stock options: $13,223,000.00Stock option exercises+$13.22 MRepurchases of common stock: $0.00Tax withholding on vesting of equity awards: -$12,478,000.00Stock-award tax withholding−$12.48 MProceeds from issuance of common stock under employee stock purchase plan: $25,328,000.00Employee stock plan proceeds+$25.33 MNet cash from financing activities: $24,974,000.00Financing cash+$24.97 Mfinancing reconciliation: $38,551,000.00Purchases of property and equipment: -$48,818,000.00PP&E purchases−$48.82 MSales of marketable securities: $37,689,000.00AFS securities sales+$37.69 MMaturities of marketable securities: $127,857,000.00AFS securities maturities+$127.86 MPurchases of marketable securities and other: -$165,123,000.00AFS securities purchases−$165.12 MNet cash used in investing activities: -$48,395,000.00. Cash required to fund net payments.Investing cash−$48.40 Minvesting reconciliation: $213,941,000.00Cash sources and uses: $958,605,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $712,131,000.00Beginning cash$712.13 MEnding cash: Cash, cash equivalents, and restricted cash: $910,210,000.00Ending cash$910.21 MCASH RECONCILIATIONOperatingflowsFinancingflowsInvestingflowsNet loss −$35.01M + net operating adjustments $256.51M = operating cash +$221.50MFree cash flow$172.68 MOperating cash − cash spent on PP&ECash flow / Net incomeNot meaningfulOperating cash flow ÷ net incomeNet cash change+$198.08 MEnding cash − beginning cash
Chart details

Pure Storage, Inc. cash flow reconciliation, Feb 5, 2024 through May 5, 2024

Cash flows for Feb 5, 2024 through May 5, 2024. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Feb 4, 2024. Ending cash: May 5, 2024. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Feb 4, 2024
712,131,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
221,500,000 US dollars. Net cash provided.
Net loss
negative 35,009,000 US dollars
Depreciation and amortization
33,943,000 US dollars
Stock-based compensation expense
112,994,000 US dollars
Noncash portion of lease impairment and abandonment
3,270,000 US dollars
Other
1,606,000 US dollars
Accounts receivable, net
238,768,000 US dollars
Inventory
negative 1,705,000 US dollars
Deferred commissions
7,707,000 US dollars
Prepaid expenses and other assets
negative 9,219,000 US dollars
Operating lease right-of-use assets
8,122,000 US dollars
Accounts payable
negative 26,581,000 US dollars
Accrued compensation and other liabilities
negative 109,124,000 US dollars
Operating lease liabilities
negative 10,226,000 US dollars
Deferred revenue
6,954,000 US dollars
Investing activities
negative 48,395,000 US dollars. Net cash used.
Purchases of property and equipment
negative 48,818,000 US dollars
Sales of marketable securities
37,689,000 US dollars
Maturities of marketable securities
127,857,000 US dollars
Purchases of marketable securities and other
negative 165,123,000 US dollars
Financing activities
24,974,000 US dollars. Net cash provided.
Principal payments on borrowings and finance lease obligations
negative 1,099,000 US dollars
Proceeds from borrowings
0 US dollars
Net proceeds from exercise of stock options
13,223,000 US dollars
Repurchases of common stock
0 US dollars
Tax withholding on vesting of equity awards
negative 12,478,000 US dollars
Proceeds from issuance of common stock under employee stock purchase plan
25,328,000 US dollars
Operating adjustment reconciliation
413,364,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
38,551,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
213,941,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
0 US dollars
Ending cash on May 5, 2024
910,210,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
958,605,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
198,079,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.
Operating cash flow
221,500,000 US dollars. Operating cash flow used in the free cash flow calculation.
Cash purchases of property, plant and equipment
48,818,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
172,682,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net loss −$35.01M + net operating adjustments $256.51M = operating cash +$221.50M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash purchases of property, plant and equipment equals free cash flow: 221,500,000 US dollars minus 48,818,000 US dollars equals 172,682,000 US dollars.
Pure Storage, Inc. (P) FY2025 Q1 Statement of Cash Flows Sankey chart
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