PURE STORAGE, INC. Consolidated Statements of Operations (in thousands, except per share data) Fiscal Year Ended 2019 2020 2021 Revenue: Product $ 1,075,586 $ 1,238,654 $ 1,144,098 Subscription services 284,238 404,786 540,081 Total revenue 1,359,824 1,643,440 1,684,179 Cost of revenue: Product 352,054 362,970 352,987 Subscription services 105,474 146,916 182,268 Total cost of revenue 457,528 509,886 535,255 Gross profit 902,296 1,133,554 1,148,924 Operating expenses: Research and development 349,936 433,662 480,467 Sales and marketing 584,111 728,022 716,014 General and administrative 137,506 163,153 182,477 Restructuring and other — — 30,999 Total operating expenses 1,071,553 1,324,837 1,409,957 Loss from operations (169,257) (191,283) (261,033) Other income (expense), net (8,016) (3,383) (9,127) Loss before provision for income taxes (177,273) (194,666) (270,160) Provision for income taxes 1,089 6,321 11,916 Net loss $ (178,362) $ (200,987) $ (282,076) $ (0.77) $ (0.79) $ (1.05) Net loss per share attributable to common stockholders, basic and diluted Weighted-average shares used in computing net loss per share attributable to common 232,042 252,820 267,824 stockholders, basic and diluted See the accompanying notes to the consolidated financial statements. 59