Gross Profit Comparison: Palo Alto Networks, Inc. and Pure Storage, Inc. Trends

Palo Alto vs. Pure Storage: A Decade of Growth

__timestampPalo Alto Networks, Inc.Pure Storage, Inc.
Wednesday, January 1, 201443855100018604000
Thursday, January 1, 201567655300096899000
Friday, January 1, 20161008500000272440000
Sunday, January 1, 20171285000000475698000
Monday, January 1, 20181627800000669238000
Tuesday, January 1, 20192091200000902296000
Wednesday, January 1, 202024089000001133554000
Friday, January 1, 202129812000001148924000
Saturday, January 1, 202237828000001472519000
Sunday, January 1, 202349830000001897646000
Monday, January 1, 202459683000012021191000
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Unveiling the hidden dimensions of data

A Tale of Two Innovators: Palo Alto Networks vs. Pure Storage

In the ever-evolving landscape of cybersecurity and data storage, Palo Alto Networks and Pure Storage have emerged as industry leaders. Over the past decade, Palo Alto Networks has seen its gross profit soar by over 1,260%, from approximately $438 million in 2014 to nearly $6 billion in 2024. This remarkable growth underscores its dominance in the cybersecurity sector, driven by increasing demand for robust digital protection.

Meanwhile, Pure Storage, a pioneer in data storage solutions, has also experienced impressive growth. Its gross profit has surged by over 10,700%, from a modest $18 million in 2014 to over $2 billion in 2024. This growth reflects the rising importance of efficient data management in the digital age.

Both companies exemplify the transformative power of technology, with their financial trajectories highlighting the critical role of innovation in today's economy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
28 Jan 2025