Pure Storage (LTS:0KSA) Tax Rate % : -26.46% (As of Apr. 2024)

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What is Pure Storage Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Pure Storage's Tax Expense for the three months ended in Apr. 2024 was $7 Mil. Pure Storage's Pre-Tax Income for the three months ended in Apr. 2024 was $-28 Mil. Therefore, Pure Storage's Tax Rate % for the quarter that ended in Apr. 2024 was -26.46%.

Pure Storage Tax Rate % Historical Data

The historical data trend for Pure Storage's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Pure Storage Tax Rate % Chart

Pure Storage Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Tax Rate %

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-3.25

-4.41

-11.49

20.41

32.32

Pure Storage Quarterly Data
	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24
Tax Rate %	Get a 7-Day Free Trial															-12.21	1,653.49	11.34	7.57	-26.46

Pure Storage Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Pure Storage's Tax Rate % for the fiscal year that ended in Jan. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Jan. 2024 )	/	Pre-Tax Income (A: Jan. 2024 )
	=	29.275	/	90.586
	=	32.32 %

Pure Storage's Tax Rate % for the quarter that ended in Apr. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Apr. 2024 )	/	Pre-Tax Income (Q: Apr. 2024 )
	=	7.326	/	-27.683
	=	-26.46 %

Pure Storage Tax Rate % Related Terms

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Pure Storage (LTS:0KSA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Pure Storage Inc (LTS:0KSA) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

PSTG:USA 6PU:Germany 6PU:Germany

Address

650 Castro Street, Suite 400, Mountain View, CA, USA, 94041

Website

http://www.purestorage.com

Pure Storage Inc is a US-based company that provides an enterprise data storage platform that transforms business through a dramatic increase in performance and reduction in complexity and costs. It generates revenue from two sources: product revenue which includes the sale of integrated storage hardware and embedded operating system software and; subscription services revenue which includes Evergreen Storage subscriptions, a unified subscription which includes Pure as-a-Service, and Cloud Block Store, and Portworx. Subscription services revenue also includes professional services offerings such as installation and implementation consulting services.

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