Revenue segments as reported by the company.

Product

Subscription services

Revenue Segments

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

Gross Margin

Operating Margin

Profit Margin

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

General and administrative

Restructuring, impairment and other

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

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

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

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

Net change in cash

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.

A couple ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 700,000 shares of Pure Storage Inc.

Cathie Wood's ARK Invest Sells Over 700,000 Shares of Pure Storage

MOUNTAIN VIEW, Calif., July 13, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced it has reached a new growth milestone for its subscription-based Evergreen™ Storage program, with over 2,700 customers having done non-disruptive storage upgrades and the average number of upgrades having grown 38% year-over-year for the last five years.

Pure's Evergreen Subscription to Innovation Reaches New Milestone, Delivers Over 7,000 Non-Disruptive Controller Upgrades Since 2015

Shares of Pure Storage have sank ~15% this year, despite a stream of positive fundamental updates and a continued cheap valuation. Pure Storage is finding success at driving a subscription-oriented business transition, and its increasing gross margin profile shows it.

Pure Storage: Deeply Undervalued And Worth A Second Look

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 550,000 shares of Pure Storage Inc.

Cathie Wood's ARK Invest Sells Over 550,000 Shares of Pure Storage

MOUNTAIN VIEW, Calif., June 30, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced it was named the leader in the GigaOm Radar Report for Enterprise Kubernetes Storage, which analyzed enterprise storage systems with Container Storage Interface (CSI) plug-ins and software-defined solutions with optimizations for containers.

Pure Storage Identified as Leader in Kubernetes Storage by Two GigaOm Radar Reports

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

Pure Storage (PSTG) Up 2.8% Since Last Earnings Report: Can It Continue?

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 1.1 milllion shares of Pure Storage Inc.

Cathie Wood's ARK Invest Sells Over 1 Million Shares of Pure Storage

Ping Identity Holding Corp

RingCentral

EchoStar

All the Wall Street firms we follow here at 24/7 Wall St. keep a list for their institutional and retail clients of high-conviction stock picks.

4 Raymond James ‘Analyst Favorite' Tech and Infrastructure Stocks Have Massive Upside Potential

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 560,000 shares of Pure Storage Inc.

Cathie Wood's ARK Invest Sells Over 560,000 Shares of Pure Storage

Pure Storage continues to be underappreciated, with the stock underperforming YTD and over the last 12 months. The recent 37% stock decline gives investors a buying opportunity.

Pure Storage: Subscription Business Itself Worth $23 Per Share

Best Buy

Medtronic

NVIDIA

Snowflake

Here's a quick look at some earnings reports that were released after markets closed on Wednesday or before Thursday's opening bell.

Earnings Hits and Misses: Best Buy, Medtronic, Nvidia, Pure Storage, Snowflake

MOUNTAIN VIEW, Calif., May 27, 2021 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers storage as-a-service in a multi-cloud world, today announced that TrustRadius has recognized both FlashArray™ and FlashBlade® as 2021 Top Rated Award winners for the second year in a row.

Pure Storage Recognized as Leader in Enterprise Flash Array Storage and Object Storage Categories by TrustRadius for Second Consecutive Year

Pure Storage, Inc. (PSTG) CEO Charlie Giancarlo on Q1 2022 Results - Earnings Call Transcript

Pure Storage, the provider of flash memory-based enterprise storage products and services, saw a 15% uptick in new customers in the fiscal first quarter.

Pure Storage Earnings Top Wall Street Estimates

Pure Storage (PSTG) delivered earnings and revenue surprises of 100.00% and 1.58%, respectively, for the quarter ended April 2021. Do the numbers hold clues to what lies ahead for the stock?

Pure Storage (PSTG) Reports Break-Even Earnings for Q1

Shares of Pure Storage (NYSE:PSTG) moved higher in after-market trading after the company reported Q1 results. Quarterly Results Earnings per share were up 100.00% over the past year to ($0.00), which beat the estimate of ($0.06).

Pure Storage: Q1 Earnings Insights

Pure Storage reported first-quarter results that exceeded expectations, as did its revenue outlook for the second quarter. The post Pure Storage First-Quarter Results Top Estimates, Including Outlook appeared first on Investor's Business Daily.

Pure Storage First-Quarter Results Top Estimates, Including Outlook

MOUNTAIN VIEW, Calif., May 26, 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 first quarter ended May 2, 2021.

Pure Storage Announces First Quarter Fiscal 2022 Financial Results

With the Memorial Day holiday coming up, the flood of earnings reports will be slowing to a trickle until a couple of weeks after the June quarter closes.

Earnings Previews: Best Buy, Medtronic, Nvidia, Pure Storage

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold nearly 1 million shares of Pure Storage Inc.

Cathie Wood's ARK Invest Sells Nealy 1 Million Shares of Pure Storage

Pure Storage (PSTG) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Why Earnings Season Could Be Great for Pure Storage (PSTG)

One ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 430,000 shares of Pure Storage Inc.

Cathie Wood's ARK Invest Sells Over 430,000 Shares of Pure Storage

A couple ARK Invest exchange-traded fund run by ETF star Cathie Wood sold over 570,000 shares of Pure Storage Inc.

Cathie Wood's ARK Invest Sells Over 570,000 Shares of Pure Storage

Pure Storage (PSTG) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Pure Storage (PSTG) Expected to Beat Earnings Estimates: Should You Buy?

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.

News for Pure Storage Stock (PSTG)