Revenue segments as reported by the company.

Product

Subscription services

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

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Operating Margin

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Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

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Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

Pure Storage

Pure Storage, Inc. engages in the provision of flash-based storage solutions. Its technology replaces storage systems designed for mechanical disks with all-flash systems optimized end-to-end for solid-state memory. The company was founded by John Hayes and John Colgrove in October 2009 and is headquartered in Mountain View, CA.

Earnings data Q1 2022

Earnings data Q2 2022

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Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Earnings data Q4 2025

Pure Storage (PSTG) reports strong Q1 performance and focuses on AI-driven growth opportunities

Pure Storage (PSTG) reports strong Q1 performance, driven by subscription ARR and revenue growth. The company continues to innovate and expects stability in flash pricing. Challenges include the increasing density of hard drives and increased CapEx spend. Pure Storage sees opportunities in AI applications and all-flash systems for machine learning and AI-oriented environments.

Pure Storage reports strong Q2 earnings, eyes AI and cloud growth

Pure Storage's Q2 earnings call showcased strong financial performance, strategic partnerships, and a focus on innovation. While facing short-term revenue challenges, the company is well-positioned for growth, particularly in the AI and cloud migration spaces.

Pure Storage reports strong Q3 results, anticipates aggressive pricing strategy

Pure Storage's Q3 performance was strong, driven by the exceptional growth of Evergreen//One and Portworx. The company faces challenges in a competitive environment but sees opportunities in aggressive pricing and expansion of its sales force. Overall, Pure Storage remains well-positioned for continued growth and innovation in the data storage industry.

Pure Storage reports solid revenue growth amidst economic challenges

Pure Storage's Q4 and FY 2023 performance reflects solid revenue growth and operational strength, despite economic challenges impacting revenue expectations for FY 2024. The company's focus on innovation, cost optimization, and market share growth positions it well for long-term success.

Pure Storage surpasses Q1 expectations, poised for growth in AI-driven storage solutions

Pure Storage's Q1 results exceeded expectations, driven by strong sales, subscription growth, and operational efficiency. The company's focus on innovation, reliability, and cost-effectiveness positions it well for future growth and market leadership in the data storage industry.

Pure Storage (PSTG) exceeds Q2 revenue guidance, focuses on subscription growth

Pure Storage (PSTG) delivered a strong performance in Q2 2024, showcasing leadership in data storage transformation, robust subscription revenue growth, and strategic partnerships. While facing short-term challenges, the company remains focused on driving innovation, expanding its customer base, and capitalizing on the growing demand for cloud and hybrid cloud solutions.

Pure Storage (PSTG) excels in Q3, Evergreen//One drives growth

Pure Storage (PSTG) delivered strong Q3 results with notable growth in Evergreen//One and Portworx, setting new industry standards and securing major wins.
The company's focus on innovation, strong balance sheet, and strategic partnerships position it well for future growth and market differentiation.
Challenges include navigating a competitive landscape, balancing revenue growth with investments, and ensuring the success of Evergreen//One for sustained growth.
Opportunities lie in strengthening demand, expanding sales capacity, and leveraging product offerings to drive revenue and customer engagement.

Pure Storage excels in Q4 with subscription revenue surge

Pure Storage's Q4 performance was strong, driven by subscription services revenue growth and strategic deals in the financial and AI sectors. The company's platform strategy and commitment to sustainable storage solutions are key strengths. Challenges lie in the industry's transition to all-flash data centers, but Pure Storage is well-positioned to capitalize on opportunities in AI and data management.

Pure Storage (PSTG) reports record Q1 revenue growth and eyes AI opportunities for future expansion

Pure Storage's Q1 2025 performance showcased strong revenue growth, driven by subscription services and strategic enterprise deals.
While facing challenges in sustaining product revenue growth, the company's focus on AI, cloud capabilities, and subscription offerings positions it well for future expansion.
Opportunities lie in advancing discussions with hyperscalers, leveraging AI opportunities, and increasing subscription revenue proportion to drive growth and market penetration.
Overall, Pure Storage's performance, strengths, and strategic focus indicate a positive outlook for FY '25, with a strong emphasis on recurring revenue and market expansion.

Pure Storage excels in Q2 with innovative cloud storage solutions

Pure Storage's Q2 performance reflects strong revenue growth and a focus on innovation in cloud storage solutions.
The company's strategic partnerships and product roadmap position it well for future growth and market expansion.
Challenges in addressing data storage silos and competition in core storage present areas for continued strategic focus.

Pure Storage (PSTG) reports robust Q3 earnings and secures major hyperscaler win

Pure Storage's Q3 performance exceeded expectations, with strong revenue, operating profit, and growth in Storage-as-a-Service offerings. The company's strengths lie in securing a major hyperscaler design win, expanding flash technology, and focusing on AI opportunities. Challenges include scaling operations for hyperscale opportunities and managing increased investments. However, Pure Storage is well-positioned for future growth and innovation, with opportunities for revenue expansion and market leadership.

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Cash from other sources

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Free cash flow

Pure Storage, Inc. engages in the business of delivering innovative and disruptive data storage, products, and services that enable customers to maximize the value of data. The firm is also involved in the provision of data storage and management with a mission to redefine the storage experience by simplifying how people consume and interact with data. The company was founded by John M. Hayes and John Colgrove in October 2009 and is headquartered in Santa Clara, CA.

MOUNTAIN VIEW, Calif., May 17, 2021 /PRNewswire/ -- Today Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, announced that it was named a May 2021 Gartner Peer Insights Customers' Choice for Primary Storage Arrays.

Pure Storage FlashArray Recognized as a 2021 Gartner Peer Insights Customers' Choice for Primary Storage Arrays

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 830,000 shares of Pure Storage Inc.

Cathie Wood's ARK Invest Sells Over 830,000 Shares of Pure Storage

MOUNTAIN VIEW, Calif., May 14, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced at its annual Pure//Accelerate™ Digital event, the winners of its inaugural Pure Storage Breakthrough Awards.

Pure Storage Recognizes Customers Driving Innovation in Inaugural Breakthrough Awards Program

Shares of Pure Storage have dropped ~40% from their February peaks, despite fundamentals never looking healthier. Pure Storage is expecting a return to mid-teens revenue growth this year.

Pure Storage: Ready For Liftoff

Lockheed Martin

Microsoft

NIKE

Raytheon Technologies

Lowe's

PLBY Group

Schlumberger

With the trading day more than halfway over, the markets were making a handy recovery from Wednesday's sell-off.

Lockheed Martin, Microsoft, Nike, Raytheon and More of Thursday Afternoon Analyst Calls

MOUNTAIN VIEW, Calif., May 13, 2021 /PRNewswire/ -- Today at Pure//Accelerate™ Digital, Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, announced the new and improved Pure1® Digital Experience.

Pure1 Digital Experience Transforms the Purchasing, Management and Optimization of Infrastructure

MOUNTAIN VIEW, Calif., May 13, 2021 /PRNewswire/ -- Today at Pure//Accelerate™ Digital,  Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, announced updates to channel incentives and offerings to enable partners to grow their subscription business with Pure.

Pure Storage Helps Channel Partners Supercharge Their Subscription Business

MOUNTAIN VIEW, Calif., May 13, 2021 /PRNewswire/ -- Today at Pure//Accelerate™ Digital, Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, announced the release of Portworx Enterprise 2.8.

With Expanded Portworx Platform, Pure Storage Redefines Storage for Modern Applications

Agilent Technologies

Cisco Systems

NVIDIA

Here we pick five tech stocks -- NVIDIA (NVDA), Agilent (A), Pure Storage (PSTG), HP (HPQ) and Cisco (CSCO) -- that are poised to pull off an earnings surprise in this reporting cycle.

5 Prominent Tech Stocks Displaying Earnings Beat Potential

MOUNTAIN VIEW, Calif., May 5, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced it will host a conference call on Wednesday, May 26, 2021 at 2:00 p.m.

Pure Storage to Announce First Quarter Fiscal 2022 Financial Results

MOUNTAIN VIEW, Calif., May 4, 2021 /PRNewswire/ -- Portworx® by Pure Storage® (NYSE: PSTG), the most complete Kubernetes Data Services Platform, today released findings from its annual Kubernetes Adoption Survey1.

New Survey Finds Enterprise IT Users Doubled Down on Kubernetes to Support Rapid Pivots in Business Amid Pandemic

MOUNTAIN VIEW, Calif., May 4, 2021 /PRNewswire/ -- Today Portworx® by Pure Storage® (NYSE: PSTG), the most complete Kubernetes Data Services Platform, announced PX-Backup 2.0, the new release of its market-leading application and data protection platform for modern applications.

Portworx Enhances PX-Backup to Enable Secure, Self-Service Experience for Protecting Kubernetes Applications

MOUNTAIN VIEW, Calif., April 23, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced that FlashBlade® was named a leader in the GigaOm Radar for High-Performance Object Storage, which analyzed the most effective object storage vendors across thirteen key criteria and evaluation metrics.

Pure Storage FlashBlade Named Leader in GigaOm Radar Report for High-Performance Object Storage

MOUNTAIN VIEW, Calif., April 14, 2021 /PRNewswire/ -- Today Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world announced continued growth of its Pure as-a-Service subscription offerings.

Pure as-a-Service Sees Strong Customer Adoption Across Geographies, Industry Segments, and Use Cases

Affirm

Asana

CrowdStrike

Datadog

Elastic N.V

Shift4 Payments

JFrog

Anaplan Inc

High Growth tech names have depreciated sharply since the start of the sector rotation in mid-February. Most names have lost more than 20% as investors have fled the space-supposedly fearful of rising interest rates brought on by expectations of higher inflation.

The Best Tech Stocks To Snag During A Dip

MOUNTAIN VIEW, Calif., March 29, 2021 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world announced that it is being acknowledged by CRN® , a brand of The Channel Company , in its 2021 Partner Program Guide.

Pure Storage Honored With 5-Star Rating in the 2021 CRN Partner Program Guide

Baidu

Alphabet

NXP Semiconductors

Pinterest

Cathie Wood's Ark Investment Management sends out an email every night listing the stocks that were bought or sold by the firm's ETFs that day. In recent months, the emails have known to cause certain stocks to see a spike in the after-hours session.

Alphabet, Baidu, NXP Semiconductors, Pinterest, Pure Storage — What Cathie Wood's Ark Bought And Sold On Friday

Pure Storage (PSTG) reported earnings 30 days ago. What's next for the stock?

Pure Storage (PSTG) Down 10.8% Since Last Earnings Report: Can It Rebound?

MOUNTAIN VIEW, Calif., March 25, 2021 /PRNewswire/ -- Today Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world announced growth milestones to mark the five year anniversary of introducing FlashBlade®.

Pure Storage FlashBlade Nears $1B in Sales and is Used by More Than 25% of the Fortune 100

MOUNTAIN VIEW, Calif., March 23, 2021 /PRNewswire/ -- Today Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world announced that FlashBlade has been named a 2021 Gartner Peer Insights Customers' Choice for distributed file systems and object storage.

Pure Storage FlashBlade Recognized as a Gartner Peer Insights Customers' Choice for Distributed File Systems and Object Storage

MOUNTAIN VIEW, Calif., March 16, 2021 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multicloud world announced the general availability of Pure Cloud Block Store on Microsoft Azure Marketplace.

Pure Storage Brings Industry Leading Block Storage to Microsoft Azure

ConocoPhillips

Signet Jewelers

Axalta Coating Systems

Dow Inc

Jounce Therapeutics

1Life Healthcare

10X Genomics

United States Steel

With the trading day nearing halfway over, the broad markets were trading sideways on Monday.

Conoco, Dow, Pure Storage, Signet Jewelers and More of Monday Afternoon's Analyst Calls

Deutsche Bank analyst Sidney Ho thinks shares of the enterprise storage systems company have become too cheap.

Why Pure Storage Stock's Recent Pullback Could Be a Buying Opportunity

Equinix

Storage delivery provider Pure Storage Inc (NYSE: PSTG) and digital infrastructure company Equinix Inc (NASDAQ: EQIX) collaborated to offer Pure Storage on Equinix Metal, a Bare Metal as a Service storage offering for the delivery of an integrated, connected platform for an organization's cloud journey. It has become increasingly important as enterprises increasingly migrate from their own data centers to reduce complexity, staff burden and increase their IT environments' speed and efficiency.

Pure Storage Partners With Equinix To Deliver Physical Infrastructure At Cloud Speed

Following solid F4Q results, we remain buy rated on Pure Storage due to valuation, solid product portfolio, an increasing mix of subscriptions, and recovery in mid-market business.

News for Pure Storage Stock (PSTG)