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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Margins

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

Research and development

Sales and marketing

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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

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Earnings data Q4 2023

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Earnings data Q1 2025

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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.

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Cost of revenue

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Book value per share

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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.

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Pure Storage is falling after UBS published bearish coverage on the stock. UBS raised its price target for Pure Storage, but it downgraded the stock from neutral to sell.

Why Pure Storage Stock Is Sinking Today

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Pure Storage stock fell Tuesday after UBS analyst David Vogt downgraded his view of the company to a sell rating.

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

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Pure Storage NYSE: PSTG is riding a wave of demand, with revenue rising and margins expanding. The combination has lifted the stock price by 500% since the 2020 low and by 100% in the last six months.

Pure Storage Stock Doubles in 6 Months and Can Double Again

Pure Storage (PSTG) benefits from strong sales momentum owing to steady demand for its product portfolio amid soft macroeconomic conditions.

Pure Storage (PSTG) Surges 76.1% YTD: Will the Rally Last?

Pure Storage (PSTG) introduces a suite of innovative Storage-as-a-Service service-level agreements that empower organizations to combat cyber-attacks.

Pure Storage's (PSTG) SLAs Bolster Cyber Resilient Services

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Here's Why Pure Storage (PSTG) is a Strong Momentum Stock

Seven customers honored at Pure//Accelerate 2024 for innovative use of the Pure Storage platform among 12,500+ global customers LAS VEGAS , June 21, 2024 /PRNewswire/ -- Pure Storage //Accelerate -- Today at Pure//Accelerate® 2024, Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, announced the winners of its fourth annual Pure Storage Breakthrough Awards. The Awards recognize Pure Storage customers displaying extraordinary innovation, creativity, sustainability, business breakthroughs and overarching success using the Pure Storage platform.

Pure Storage Recognizes Customers Driving Business Impact in Fourth Annual Breakthrough Awards Program

Why Pure Storage (PSTG) is a Top Growth Stock for the Long-Term

AI Storage as-a-Service and other solutions showcased at //Accelerate deliver the best foundation for AI and cyber resilience LAS VEGAS , June 19, 2024 /PRNewswire/ -- Pure Storage//Accelerate - Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, today announced new capabilities in the Pure Storage platform that are changing the game for how IT and business leaders can radically improve their ability to deploy AI, improve cyber resilience, and modernize their applications. The Pure Storage platform delivers agility and risk reduction to organizations with a simple, consistent storage platform and an as-a-service experience for the broadest set of use cases across on-premises, public cloud, and hosted environments.

Industry-First Innovations in the Pure Storage Platform Help Customers Keep Pace with AI's Rapid Evolution

Extends STaaS leadership, now with 10 concurrent SLAs, the industry's most comprehensive set of service level agreements LAS VEGAS , June 19, 2024 /PRNewswire/ -- Pure Storage//Accelerate -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced three new advanced Storage as-a-Service (STaaS) service-level agreements (SLAs) for the Pure Storage platform - cyber recovery and resilience and site rebalance - further empowering organizations to guarantee outcomes and reduce risk in their critical data infrastructure. AI is revolutionizing business, and not always for the better.

Pure Storage Platform Arms Enterprises in Fight Against Ransomware with Groundbreaking New Cyber Resiliency Services and Capabilities

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Pure Storage was doing everything right but we still exited ahead of its earnings report.

Big Win From Pure Storage, But We Didn't Stay For Earnings

CAMPBELL, Calif.--(BUSINESS WIRE)-- #container--Mirantis is collaborating with Pure Storage®, enabling customers to use MKE with the Portworx® container data management platform.

Mirantis Collaboration with Pure Storage Simplifies Data Management with Kubernetes

Pure Storage (PSTG) makes a strategic investment in LandingAI to boost the development of vision AI.

Pure Storage (PSTG) Invests in LandingAI to Boost Vision AI

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Pure Storage Makes Strategic Investment in LandingAI to Advance AI Vision Models in the Enterprise

More than half of IT professionals plan to migrate or modernize some of their VM workloads to Kubernetes SANTA CLARA, Calif., June 4, 2024 /PRNewswire/ -- Pure Storage® (NYSE:PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, in partnership with Dimensional Research, released a new data report addressing the rapid adoption of cloud-native platforms to speed application delivery and fuel enterprise innovation.

News for Pure Storage Stock (PSTG)