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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Operating Margin

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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

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Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

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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.

Pure Storage will join the S&P MidCap 400 before Friday's open, replacing Patterson Companies, which is moving to the S&P SmallCap 600. PSTG stock jumped.

Pure Storage Jumps On News It'll Join S&P MidCap 400

Pure Storage Inc.'s stock PSTG, -2.36% was up 6.4% in premarket trading Wednesday after S&P Dow Jones Indices said the company will replace Patterson Companies Inc. PDCO, +0.84% in the S&P MidCap 400. Patterson Companies will be included in the S&P SmallCap 600 to replace Chico's FAS Inc. CHS, +0.13%, which is being acquired by Sycamore Partners.

Pure Storage rises in premarket trades ahead of inclusion in S&P MidCap 400

Chico's FAS

S&P Global

NEW YORK , Jan. 2, 2024 /PRNewswire/ -- Pure Storage Inc. (NYSE:PSTG) will replace Patterson Companies Inc. (NASD:PDCO) in the S&P MidCap 400, and Patterson Companies will replace Chico's FAS Inc. (NYSE:CHS) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, January 5. Sycamore Partners is acquiring Chico's FAS in a transaction expected to be completed on or about that date pending final conditions.

Pure Storage Set to Join S&P MidCap 400; Patterson Companies to Join S&P SmallCap 600

Arista Networks

LM Ericsson Telefon

Computer networking companies provide products for internet connectivity and networking to encompass wireless and Ethernet connections. A number of companies in the sector offer IT security products and systems related to the Internet of Things phenomenon.

3 Top Computer Networking Stocks to Buy for 2024

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

Pure Storage (PSTG) Up 8.2% Since Last Earnings Report: Can It Continue?

Pure Storage's business growth is accelerating despite a guide down in revenue projections for the current quarter. The company's subscription-based Evergreen revenues are expected to double year over year, contributing to overall growth. Pure's new products, such as FlashArray E and FlashBlade E, are driving significant market share gains and offer strong price/performance advantages.

Pure Storage: Business Has Gotten Stronger, Headlines Mischaracterize The Business

Pure Storage's stock has soared over 30% YTD and offers both downside protection and upside potential. The company's subscription products are driving growth and transitioning towards a recurring revenue stream. The company also continues to pick up its pace of business with AI clients.

Pure Storage: Subscription Wins Will Drive Further Gains

Pure Storage enables South Korea's fastest growing internet-only bank to save nearly $500,000 in disk purchasing costs, and over $120,000 in data center footprint and energy costs SANTA CLARA, Calif. , Dec. 12, 2023 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced that Toss Bank, the fastest growing Internet-only bank in South Korea, is leveraging Pure Storage's all-flash storage platform to deliver reliable, always-on digital financial services to its growing customer base.

Pure Storage Empowers Toss Bank to Drive Exceptional Digital Financial Services

SANTA CLARA, Calif. , Dec. 7, 2023 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, announced today that it was named a Leader in the inaugural IDC MarketScape: Worldwide Container Data Management 2023 Vendor Assessment (doc #US51367723, November 2023), designed to provide an overview of the competitive fitness of products that provide data and storage management capabilities for containers.

Pure Storage Recognized as a Leader in the 2023 IDC MarketScape for Container Data Management

Pure Storage is facing down a near-flat year for revenue growth, but the company is doing just fine. An accounting effect from subscription revenue is distorting the picture right now.

1 AI Stock Cathie Wood Is Buying That Could Soar in 2024

B2B Veteran Brings Decades of Experience Driving Growth and Innovation Across Hybrid Cloud and Software Markets SANTA CLARA, Calif. , Dec. 5, 2023 /PRNewswire/ -- Pure Storage® (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, today announced the appointment of Lynn Lucas as its Chief Marketing Officer (CMO).

Pure Storage Appoints Lynn Lucas as Chief Marketing Officer

Enterprise flash data storage solutions provider Pure Storage Inc. NYSE: PSTG stock took a rare sell-off when it guided down its Q4 2023 revenue guidance, causing shares to collapse 15%. This comes as a shock, especially in light of competitor Network Appliances Inc. NASDAQ: NTAP 's EPS beat and raised estimates, resulting in a 16% stock price spike towards 20-year highs.

Pure Storage stock fumbles for a rare buying opportunity

Dell Technologies

Allegheny Technologies

U.S. stocks closed higher on Friday, with the S&P 500 index jumping to a new closing high for 2023.

This Analyst With 84% Accuracy Rate Sees Over 19% Upside In Dell Technologies - Here Are 5 Stock Picks For Last Week From Wall Street's Most Accurate Analysts - ATI (NYSE:ATI), Dell Technologies (NYSE:DELL)

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For most of 2023, investors who were still buying stocks were focused on defensive, value-oriented stocks. But since the beginning of November, the outlook for equities is much more bullish.

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Third-quarter results were decent, but guidance was lower than expected. When growth expectations aren't reached, it can cause a stock to drop quickly.

Why Pure Storage Shares Plunged 18.3% Today

Pure Storage's (PSTG) fiscal third-quarter performance benefits from the strong uptake of the FlashBlade portfolio amid macroeconomic weakness.

Pure Storage (PSTG) Q3 Earnings & Revenues Beat Estimates, Up Y/Y

Apple

AbbVie

AMC Entertainment

Amazon

Altamira Therapeutics Ltd

Disney

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ImmunoGen

Microsoft

Nutanix

NVIDIA

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Snowflake

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Stocks are poised for an upbeat finish to the best month of gains for 2023, as the fever pitch around Fed rate cuts next year grows. It's all teeing up nicely for that Santa rally, maybe.

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Pure Storage Inc.'s stock PSTG, +5.74% was down 16% to $31.79 in premarket trading Thursday, after the company issued fourth-quarter and 2024 revenue forecasts that missed Wall Street estimates. Wedbush analyst Matt Bryson cut his 12-month price target to $40 from $45 a share for Pure Storage.

Pure Storage price target to $40 from $45 at Wedbush, after company's revenue warning

Pure Storage, Inc. (NYSE:PSTG ) Q3 2024 Earnings Conference Call November 29, 2023 5:00 PM ET Company Participants Paul Ziots - VP, IR Charlie Giancarlo - CEO Kevan Krysler - CFO Rob Lee - Chief Technology Officer Conference Call Participants Amit Daryanani - Evercore Aaron Rakers - Wells Fargo Meta Marshall - Morgan Stanley Tim Long - Barclays Krish Sankar - TD Cowen Sidney Ho - Deutsche Bank Mehdi Hosseini - Susquehanna Simon Leopold - Raymond James Nehal Chokshi - Northland Capital Market Wamsi Mohan - Bank of America Matt Sheerin - Stifel Eric Martinuzzi - Lake Street Operator Good day, and welcome to the Pure Storage Third Quarter Fiscal Year 2024 Earnings Conference Call. Today's conference is being recorded.

Pure Storage, Inc. (PSTG) Q3 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Pure Storage (PSTG) give a sense of how the business performed in the quarter ended October 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Here's What Key Metrics Tell Us About Pure Storage (PSTG) Q3 Earnings

The company blamed the miss on a business model transition and the delayed fulfillment of a large customer order.

Pure Storage Shares Tumble as Guidance Misses Estimates

PSTG stock sank after data storage company Pure Storage reported adjusted EPS of50 cents and $762 million in Q3 sales.

Pure Storage Stock Sinks On Earnings That Beat Consensus, Outlook Short Of Views

Shares of Pure Storage Inc. PSTG, +5.74% dropped more than 14% in the extended session Wednesday after the tech company reported fiscal third-quarter earnings above Wall Street expectations but guidance for its current quarter and full 2024 disappointed. Pure Storage earned $70.4 million, or 21 cents a share, in the fiscal third quarter, swinging from a loss of $787,000, breakeven on a per-share basis, in the year-ago quarter.

Pure Storage's stock tanks 14% after tech company calls for worse-than-expected current quarter, year

Record sales for FlashBlade portfolio including FB//E Expect nearly $400 Million of Combined Annual Evergreen//One and Evergreen//Flex Sales Increased Operating Margin Annual Guidance SANTA CLARA, Calif. , Nov. 29, 2023 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, announced financial results for its third quarter fiscal 2024 ended November 5, 2023.

Pure Storage Announces Third Quarter Fiscal 2024 Financial Results

Pure Storage rose on the coattails of rival NetApp's earnings beat and guidance. Pure Storage reports earnings today.

News for Pure Storage Stock (PSTG)