Pure Storage, Inc.
NYSE•PSTG
CEO: Mr. Charles H. Giancarlo
Sector: Technology
Industry: Computer Hardware
Listing Date: 2015-10-06
Pure Storage, Inc. engages in the provision of data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S and FlashBlade//E for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.
Contact Information
Market Cap
$21.26B
P/E (TTM)
113.1
39.4
Dividend Yield
--
52W High
$100.59
52W Low
$34.51
52W Range
Rank48Top 64.4%
3.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2026 Data
Revenue
$1.06B+0.00%
4-Quarter Trend
EPS
$0.30+0.00%
4-Quarter Trend
FCF
$201.45M+0.00%
4-Quarter Trend
2026 Q3 Earnings Highlights
Key Highlights
Total Revenue Increased 16% Total revenue for the third quarter reached $964.5M, marking a strong 16% increase compared to prior year period.
Gross Profit Margin Expansion Gross profit grew 20% to $697.4M in the quarter, driven by favorable product mix and hyperscaler royalties.
YTD Net Income Rises Year-to-date net income improved significantly to $87.9M, reflecting robust 37% growth over the first three quarters.
Strong Operating Cash Flow Net cash provided by operating activities totaled $612.1M year-to-date, supporting capital needs and investments.
Risk Factors
Subscription ARR Growth Slows Subscription ARR year-over-year growth decelerated to 17% due to lower Evergreen subscriptions bundled with traditional product sales.
Macroeconomic and Geopolitical Risks Business results face adverse impacts from uncertain macroeconomic conditions, inflation, tariffs, and the evolving geopolitical environment.
Intense Market Competition Facing intense competition from established vendors and public cloud providers, potentially rendering offerings obsolete or less competitive.
Subscription Transition Execution Failure to successfully execute subscription offerings transition may harm revenues, operating results, and overall profitability execution.
Outlook
New Credit Facility Secured Entered five-year, $500.0M senior unsecured revolving credit facility in June 2025, replacing prior $300.0M facility.
Share Buyback Authorization Increased Board authorized an incremental $400.0M share repurchase capacity in December 2025, increasing total authorization available.
Subscription RPO Visibility Expect to recognize 46% of total $2.9B Remaining Performance Obligations over the next twelve months period.
New Product Availability Planned FlashArray//XL R5 and Pure1 AI Copilot integration expected general availability during the fourth quarter of fiscal 2026.
Peer Comparison
Revenue (TTM)
$56.23B
$35.79B
$28.06B
Gross Margin (Latest Quarter)
70.6%
69.9%
68.5%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| WDC | $103.37B | 27.6 | 64.2% | 29.8% |
| KEYS | $48.73B | 51.0 | 16.5% | 25.8% |
| NOK | $45.15B | 45.5 | 4.4% | 13.9% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
10.8%
Steady Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
75%
Volatile Cash Flow
Deep Research
Next earnings:May 26, 2026
EPS:-
|Revenue:-
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data