Pure Storage Inc-A 2024年度报告

(MarkOne)☒ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934 TRANSITION REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACTOF1934 For the transition period from _______ to _______Commission File Number001-37570 Pure Storage, Inc. (Exact Name of Registrant as Specified in its Charter) (I.R.S. EmployerIdentification No.) (State or other jurisdiction ofincorporation or organization) 2555 Augustine Dr.Santa Clara,California95054(Address of principal executive offices, including zip code)(800)379-7873(Registrant’s telephone number, including area code) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act.Yes xNo¨Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or 15(d) of the Act.Yes¨No x Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 (Exchange Act) duringthe preceding 12months (or for such shorter period that the registrant was required to file such reports), and (2)has been subject to such filing requirements for the past90days.Yes xNo¨ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T(§232.405 of this chapter) during the preceding 12months (or for such shorter period that the registrant was required to submit such files).Yes x No¨ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growthcompany. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule12b-2 of the Exchange Act. Ifanemerginggrowthcompany,indicatebycheckmarkiftheregistranthaselectednottousetheextendedtransitionperiodforcomplyingwithanyneworrevisedfinancialaccountingstandardsprovidedpursuanttosection13(a)oftheExchangeAct.¨ Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financialreporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐ Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of theregistrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐Indicate by check mark whether the registrant is a shell company (as defined in Rule12b-2 of the Exchange Act).Yes☐No x The aggregate market value of the voting and non-voting common equity held by non-affiliates of the registrant as of August 2, 2024, the last business day of the registrant’smost recently completed second fiscal quarter, was approximately $16.9billion based upon the closing price reported for such date by the New York Stock Exchange. Sharesof the registrant’s Class A common stock held by each executive officer, director and holder of 10% or more of the outstanding Class A common stock have been excludedfrom this calculation because such persons may be deemed affiliates. This determination of executive officer or affiliate status is not necessarily a conclusive determination forany other purpose. As of March19, 2025, the registrant had326,022,514shares of Class A common stock outstanding. Documents Incorporated by Reference Portions of the registrant’s proxy statement for its 2025 Annual Meeting of Stockholders are incorporated by reference into PartIII of this Annual Report on Form10-K whereindicated. Such proxy statement will be filed with the Securities and Exchange Commission within 120 days of the registrant’s fiscal year ended February2, 2025. Table of Contents Note About Forward-Looking Statements PART I Item1.BusinessItem1A.Risk FactorsItem1B.Unresolved Staff CommentsItem 1C.CybersecurityItem2.PropertiesItem3.Legal ProceedingsItem4.Mine Safety Disclosures PARTII Item5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of EquitySecurities37Item6.[Reserved]39Item7.Management’s Discussion and Analysis of Financial Condition and Results of Operations40Item7A.Quantitative and Qualitative Disclosures About Market Risk51Item8.Financial Statements and Supplementary Data52Item9.Changes in and Disagreements With Accountants on Accounting and Financial Disclosure89Item9A.Controls and Procedures89Item9B.Other Information90Item 9C.Disclosure Regarding Foreign Jurisd