Pure Storage Inc. ( (PSTG) ) has released its Q4 earnings. Here is a breakdown of the information Pure Storage Inc. presented to its investors.
Pure Storage Inc., a leader in advanced data storage technologies and services, operates within the IT sector, providing solutions that enable organizations to manage and protect data across various environments.
In its latest earnings report, Pure Storage announced robust financial results for its fiscal fourth quarter and full year 2025, achieving double-digit revenue growth and surpassing $3 billion in annual revenue for the first time. The company highlighted its significant advancements in data storage and management, particularly with the introduction of its Fusion platform.
Key financial metrics revealed a fourth-quarter revenue of $879.8 million, marking an 11% increase year-over-year, and a full-year revenue of $3.2 billion, up 12% from the previous year. Subscription services also saw substantial growth, with a 22% increase in full-year revenue. The company reported a strong non-GAAP gross margin of 71.8% for the year and returned $374 million to shareholders through share repurchases.
Strategically, Pure Storage made significant strides in hyperscale environments, securing a design win with a top-four hyperscaler and expanding partnerships with Kioxia and Micron Technology. The company also focused on platform innovation, enhancing its Pure Fusion and Pure//E offerings, and bolstered its position in enterprise AI adoption through collaborations with NVIDIA and CoreWeave.
Looking ahead, Pure Storage remains optimistic about its growth prospects, with a projected revenue of $3.515 billion for fiscal year 2026. The company continues to focus on innovation and expanding its market presence, setting the stage for sustainable long-term growth.