Revenue segments as reported by the company.

Product

Subscription services

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

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

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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 Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

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

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.

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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.

Analysts raised price targets on Pure Storage Inc (NYSE:PSTG) following the Q3 beat. The enterprise data storage provider reported third-quarter FY22 revenue growth of 37% year-on-year to $562.7 million above the consensus of $530.8 million.

Analysts See Huge Upside In Pure Storage Post Q3 Beat

Pure Storage's (PSTG) fiscal third-quarter results reflect continued strength in the subscription services business

Pure Storage (PSTG) Q3 Earnings Beat Estimates, Shares Up

Pure Storage is one of our favorite hardware stocks and continues to remain underappreciated by investors. We expect the stock to be driven by beat and raises over the next year. Pure Storage is one of the few companies in the tech landscape with hardware roots that is consistently putting software like growth rates, yet it is trading at a hardware multiple.

Pure Storage: Underappreciated Growth Story On The Cusp Of Greatness

Pure Storage, Inc. (PSTG) CEO Charlie Giancarlo on Q3 2022 Results - Earnings Call Transcript

Pure Storage (PSTG) delivered earnings and revenue surprises of 83.33% and 6.09%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?

Pure Storage (PSTG) Q3 Earnings and Revenues Top Estimates

Gap Inc

Nordstrom

The market had mixed results during the regular session.

Why 2 Tech Stocks Soared While 2 Retail Stocks Got Crushed After Hours Tuesday

Shares of Pure Storage Inc. PSTG, -0.73% rallied 10% in the extended session Tuesday and headed to a record after the tech company reported fiscal third-quarter sales well above Wall Street expectations and raised its outlook, saying rising customer demand fueled its performance. Pure Storage said it lost $29 million, or 10 cents a share, in the quarter, compared with a loss of $74 million, or 28 cents a share, in the year-ago quarter.

Pure Storage stock heads to record after Q3 earnings, raised outlook

MOUNTAIN VIEW, Calif., Nov. 23, 2021 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, announced financial results for its fiscal third quarter ended October 31, 2021.

Pure Storage Announces Third Quarter Fiscal 2022 Financial Results

Pure Storage's (PSTG) fiscal third-quarter performance is likely to gain from robust adoption of subscription services like Pure as-a-Service, Portworx and Evergreen offerings.

Factors to Note Ahead of Pure Storage's (PSTG) Q3 Earnings

MOUNTAIN VIEW, Calif., Nov. 10, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced that TrialStat Corporation, a clinical data management on demand company, has adopted Pure Storage® FlashArray™ and Evergreen™ Storage subscriptions to speed clinical trial research and enable always-on data management services for its customers.

Pure Storage FlashArray Enables TrialStat to Offer Clinical Trial Researchers 300 Times Faster Access to Data

MOUNTAIN VIEW, Calif., Nov. 8, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced it has partnered with Microsoft Azure to significantly speed next-gen chip design by delivering a data layer that can keep up with massive, concurrent high-performance computing (HPC) workloads running in the cloud.

Pure Storage Partners with Microsoft Azure to Speed Semiconductor Design

MOUNTAIN VIEW, Calif., Nov. 3, 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 Tuesday, November 23, 2021 at 1:30 p.m.

Pure Storage Announces Date and Conference Call Information for Third Quarter Fiscal 2022 Financial Results

The shares of Pure Storage Inc  (NYSE:PSTG) are up 0.7% to trade at $27.04 at last check, and earlier today broke through a familiar ceiling at the $27.50 level.

Pure Storage Stock Could Soon Run Towards Record Highs

MOUNTAIN VIEW, Calif., Oct. 14, 2021 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, announced it has been positioned by Gartner® as a Leader in the Magic Quadrant™ for Primary Storage.

Pure Storage Named a Leader in 2021 Gartner Magic Quadrant for Primary Storage

MOUNTAIN VIEW, Calif., Oct. 12, 2021 /PRNewswire/ -- Today at KubeCon North America, Portworx® by Pure Storage® (NYSE: PSTG), the most complete Kubernetes Data Services Platform, announced the release of PX-Backup 2.1, its market-leading application and data protection platform for modern applications.

New Release of Portworx PX-Backup Enables Cross-Cloud Data Protection and Migration of Stateful Applications Running on Kubernetes

MOUNTAIN VIEW, Calif., Oct. 6, 2021 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, announced it has been positioned by Gartner® as a Leader in the Magic Quadrant™ for Distributed File Systems & Object Storage for both its completeness of vision and ability to execute in the rapidly growing storage market for unstructured data.

Pure Storage Named a Leader in 2021 Gartner Magic Quadrant for Distributed File Systems & Object Storage

MOUNTAIN VIEW, Calif., Oct. 5, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced the release of a new Pure Validated Design (PVD) in collaboration with VMware to provide mutual customers with a complete, full-stack solution for deploying mission-critical, data rich workloads in production on VMware Tanzu.

Pure Storage and VMware Collaborate on Pure Validated Design to Accelerate Adoption of Modern Applications and Infrastructure

Analysts lauded Pure Storage Inc (NYSE:PSTG) with higher price targets following the analyst day and product launch event. Raymond James analyst Simon Leopold raised the PT to $35 from $31, implying a 38.5% upside, and reiterated a Strong Buy.

Why Analysts See 18% - 38% Upside In Pure Storage Post Analyst Day Meet?

MOUNTAIN VIEW, Calif., Sept. 28, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today unveiled a significant progression of the company vision of modernizing how customers work with data - by modernizing infrastructure, operations, and applications.

Pure Storage Leads the Industry with New Services and Software to Further Expand its Vision of the Modern Data Experience

MOUNTAIN VIEW, Calif., Sept. 28, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced Pure Fusion™, an industry-first self-service, autonomous storage platform that marries the best of enterprise storage with the agility and scalability of the cloud.

Pure Storage Introduces Pure Fusion: A Self-Service, Autonomous Storage-as-Code Platform Built for Limitless Scale

MOUNTAIN VIEW, Calif., Sept. 28, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced Portworx Data Services, the industry's first Database-as-a-Service (DBaaS) Platform for Kubernetes.

Pure Storage Unveils Portworx Data Services, the Industry's First Database-as-a-Service Platform for Kubernetes

Pure Storage (PSTG) is seeing positive earnings estimate revisions, suggesting that it could be a solid choice for investors.

Why Pure Storage (PSTG) Could Be Positioned for a Surge

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

Why Is Pure Storage (PSTG) Up 13.4% Since Last Earnings Report?

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

Pure Storage (PSTG) Crossed Above the 20-Day Moving Average: What That Means for Investors

NetApp

Teradata

Western Digital

Momentum in cloud computing, IoT, auto, connected devices, VR and AI is expected to favor the prospects of the Zacks Computer - Storage Devices industry players like NetApp (NTAP), Western Digital (WDC) and Teradata (TDC), despite coronavirus-led disruptions.

News for Pure Storage Stock (PSTG)