• Pure Storage average operating margin for 2023 was 1.4%, a 286.67% increase from 2022.
• Pure Storage average operating margin for 2022 was -0.75%, a 94.13% decline from 2021.
• Pure Storage average operating margin for 2021 was -12.77%, a 11.92% decline from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.