What Everpure, Inc. (formerly Pure Storage) told the SEC could break it.

Pure Storage sources components (including from China) and uses contract manufacturers outside the US; new/changed tariffs, duties, quotas and trade-policy shifts could cause import delays, sourcing/logistics disruption and higher costs.

“We rely on contract manufacturers and component vendors, some of which are located outside the United States. The importation of our products and the underlying components may be affected by changes in applicable tariffs, trade agreements, and trade policies, and expose us to risks associated with doing business globally.”

Pure Storage relies on a limited number of contract manufacturers and component suppliers (some outside the US, including China); supplier failure, consolidation or price increases could disrupt production and raise costs.

“We rely on a limited number of contract manufacturers and suppliers of components for our products. In instances where contract manufacturers and suppliers fail to perform their obligations, we may be unable to find alternative contract manufacturers and suppliers or satisfactorily deliver our products to our customers on time.”

Revenue is primarily USD, but a portion of operating expenses are incurred in foreign currencies (notably GBP, EUR, Czech koruna, JPY), creating FX-driven expense fluctuations and transaction gains/losses.

“A portion of our operating expenses are incurred outside the United States and denominated in foreign currencies and are subject to fluctuations due to changes in foreign currency exchange rates, particularly changes in the British pound, Euro, Koruna and Yen.”