Revenue segments as reported by the company.

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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

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Earnings data Q1 2024

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Earnings data Q1 2025

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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.

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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SANTA CLARA, Calif. and PALO ALTO, Calif.

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.

Pure Storage Survey Reveals Surge in Cloud-Native Adoption to Accelerate Business-Critical Application Delivery

Pure Storage (PSTG) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Is Trending Stock Pure Storage, Inc. (PSTG) a Buy Now?

Pure Storage has emerged as a leader in the enterprise storage market through its innovative storage-as-a-service approach and quality products. PSTG stock price has surged over 200% in the past three years, reflecting its strong performance and market leadership. Pure Storage has a significant AI storage opportunity, due to its high-performance storage portfolio.

Pure Storage: Ready To Capitalize On The Significant AI Storage Opportunity

Pure Storage Inc. NYSE: PSTG delivered a stellar first-quarter earnings report after the market closed on May 29, 2024. Not surprisingly, PSTG stock was up more than 2% the day after the report, and analysts are quickly expressing a bullish sentiment that may drive the stock even higher.

Pure Storage Stock Spikes and Analysts are Jumping on Board

Pure Storage's (PSTG) fiscal first-quarter performance benefits primarily from robust demand for FlashBlade solutions, including FlashBlade//E.

Pure Storage (PSTG) Q1 Earnings & Revenues Beat Estimates

Pure Storage, Inc. (NYSE:PSTG ) Q1 2025 Earnings Conference Call May 29, 2024 5:00 PM ET Company Participants Paul Ziots - Vice President, Investor Relations Charlie Giancarlo - Chief Executive Officer Kevan Krysler - Chief Financial Officer Rob Lee - Chief Technology Officer Conference Call Participants Amit Daryanani - Evercore Meta Marshall - Morgan Stanley Howard Ma - Guggenheim Securities Mike Cikos - Needham Asiya Merchant - Citigroup Nehal Chokshi - Northland Capital Markets Simon Leopold - Raymond James David Vogt - UBS Aaron Rakers - Wells Fargo Mehdi Hosseini - Susquehanna International Group Eric Martinuzzi - Lake Street Tim Long - Barclays Operator Good day. Welcome to the Pure Storage First Quarter Fiscal 2025 Financial Results Conference Call.

Pure Storage, Inc. (PSTG) Q1 2025 Earnings Call Transcript

The headline numbers for Pure Storage (PSTG) give insight into how the company performed in the quarter ended April 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Pure Storage (PSTG) Reports Q1 Earnings: What Key Metrics Have to Say

Pure Storage (PSTG) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.08 per share a year ago.

Pure Storage (PSTG) Surpasses Q1 Earnings and Revenue Estimates

Pure Storage stock jumped Wednesday after the comapny posted first-quarter earnings and sales that beat expectations.

Pure Storage's Earnings Beat Adds To Strong Run For Data Player

Q1 total revenue growth of 18%, year-over-year Subscription services ARR over $1.4 billion SANTA CLARA, Calif. , May 29, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced financial results for its first quarter fiscal year 2025 ended May 5, 2024.

Pure Storage Announces First Quarter Fiscal 2025 Financial Results

Pure Storage (PSTG) closed at $61.05 in the latest trading session, marking a +1.73% move from the prior day.

Why Pure Storage (PSTG) Outpaced the Stock Market Today

Pure Storage's (PSTG) first-quarter performance is likely to have been driven by strong demand for the company's consumption and subscription-based solutions, particularly Evergreen//One and Portworx.

Here's How Pure Storage (PSTG) is Placed Ahead of Q1 Earnings

Beyond analysts' top -and-bottom-line estimates for Pure Storage (PSTG), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended April 2024.

Countdown to Pure Storage (PSTG) Q1 Earnings: A Look at Estimates Beyond Revenue and EPS

Pure Storage (PSTG) reachead $60.31 at the closing of the latest trading day, reflecting a +0.67% change compared to its last close.

Why the Market Dipped But Pure Storage (PSTG) Gained Today

By implementing Pure Storage's (PSTG) Evergreen//Forever subscription, New Mexico State University is likely to curtail its annual storage costs by 66%.

Pure Storage (PSTG) Data Storage Platform Leveraged by NMSU

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Pure Storage (PSTG) Is Considered a Good Investment by Brokers: Is That True?

Monolithic Power Systems

Monolithic leads in power chip design, with a strong focus on data center applications. Pure Storage offers significant space-saving and energy-efficient benefits for clients.

Beyond the AI Hype: 3 Tech Stocks Poised for Explosive Growth

SANTA CLARA, Calif. , May 20, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced that New Mexico State University (NMSU), New Mexico's land-grant institution and a comprehensive research university, is leveraging Pure Storage's platform to drive exceptional learning and teaching experiences for its 25,000+ student, faculty, and staff member population.

With Pure Storage, New Mexico State University Drives Exceptional Learning Experiences While Cutting Storage Costs by 66% Annually

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

Pure Storage (PSTG) Soars 137% in a Year: Will the Rally Last?

Pure Storage (PSTG) reachead $58.85 at the closing of the latest trading day, reflecting a -1.24% change compared to its last close.

Pure Storage (PSTG) Suffers a Larger Drop Than the General Market: Key Insights

Pure Cloud Block Store drives agility and performance for Ampersand in a hybrid cloud environment SANTA CLARA, Calif. , May 14, 2024 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technologies and services, announced that Ampersand, the TV industry's largest source of combined multiscreen TV inventory and viewership insights, is leveraging Pure Storage's platform to increase data resilience, flexibility, and performance in support of its hybrid cloud strategy, optimizing TV campaigns and delivering unparalleled data insights to advertisers.

News for Pure Storage Stock (PSTG)