Pure Storage Inc
PSTG
ISIN null / Valor 29263292
Pure Storage Inc
UMushroom community rating:
About company
Pure Storage Inc. is a prominent enterprise technology company specializing in all-flash storage solutions that deliver high performance and scalability for businesses of various sizes. The company offers a comprehensive range of products, including the FlashArray for primary storage and FlashBlade for unstructured data, designed to enhance data accessibility and processing speeds essential for applications like artificial intelligence and machine learning. By providing a consolidated flash operating environment and a cloud-based operating model, Pure Storage enables organizations to reduce their physical footprint, power consumption, and cooling requirements compared to traditional magnetic disk systems. Additionally, Pure as-a-Service offers a flexible subscription model that simplifies data management and lowers operational costs. Recognized for its innovative approach and reliable storage technologies, Pure Storage plays a critical role in helping enterprises maximize the value of their data for competitive advantage.
Summarized from source with an LLMView SourceSector: TechnologyLatest Results (20.09.2025):
Pure Storage Inc reported its financial results for the first quarter of fiscal year 2026, showcasing robust revenue growth and significant advancements in its subscription services. The company's strategic initiatives and product innovations continue to strengthen its position in the data storage industry.
Revenue Growth
Pure Storage Inc achieved total revenues of $778.5 million in Q1 FY26, reflecting a 12% increase compared to the same quarter last year.
Subscription Services Expansion
Revenue from subscription services surged by 17% year-over-year to $406.3 million, with subscription annual recurring revenue reaching $1.7 billion, up 18% from the previous year.
Storage as a Service Sales
The company's Storage as a Service offerings experienced a total contract value (TCV) sales growth of 70%, highlighting strong demand for flexible storage solutions.
Profitability and Margins
Pure Storage reported a GAAP gross margin of 68.9% and a non-GAAP gross margin of 70.9%. The non-GAAP operating income stood at $82.7 million, with a non-GAAP operating margin of 10.6%.
Cash Flow and Shareholder Returns
Operating cash flow was $283.9 million, and free cash flow reached $211.6 million. The company returned approximately $120 million to shareholders through the repurchase of 2.5 million shares.
Leadership Transition
Chief Financial Officer Kevan Krysler announced his departure after more than five years with Pure Storage, remaining with the company until a successor is appointed.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
29903 M
Market cap (USD)
2,117,209
Daily traded volume (Shares)
63.27 / 61.73
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
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EPS (USD)
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Ratings & reviews
Simon Oswald
Igor Jovicic
Hein Sweerts de Landas
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