PSTG
Pure Storage, Inc.69.72
+0.15+0.22%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q4 '26
Demand fuels growth; EXA gains traction
Q&A confirmed Q4 and Q1 surges were purely demand-driven, with pricing impacts delayed to Q2 amid 90-day bids. Charlie detailed the inaugural FlashBlade//EXA win: a GPU cloud operator switched from a rival post-stunning tests, spawning follow-ons; dozens more advance. Hyperscale engagements widened, low double-digit exabytes on track but exceeding prior hopes, though testing timelines drag. Some Q4 pull-in boosted Q1 by mid-single digits, yet franchise deals and win rates climb. Margins face low visibility from explosive costs. Demand roared on. Watch H2 hyperscaler loads and recovery.
Key Stats
Market Cap
23.02BP/E (TTM)
183.47Basic EPS (TTM)
0.38Dividend Yield
0%Recent Filings
8-K
Q4 revenue hits $1.1B
Everpure crushed Q4 FY26 with $1.1B revenue, up 20% YoY, marking its first billion-dollar quarter while full-year revenue hit $3.7B, up 16%. RPO soared 40% to $3.7B, signaling robust demand; non-GAAP operating income reached $226M. Momentum strong. Guides FY27 revenue to $4.3B-$4.4B amid supply chain hurdles.
8-K
Rebrands to Everpure
10-Q
Q3 FY2026 results
Pure Storage filed its 10-Q for Q3 FY2026 ended November 2, 2025, but financial statements are not included in the provided excerpt. The filing discloses an executive offer letter to Patrick Finn as Chief Revenue Officer, with $650,000 annual salary, 100% target incentive bonus, $1M sign-on bonus (repayable if terminated within 12 months except layoff), and recommended equity awards totaling ~$24M value including 92,896 RSUs vesting quarterly from Dec 2026, 108,840 LTPSUs tied to market cap through 2030, and FY28 PSUs. No revenue, EPS, cash flow, or profitability metrics are detailed. Cash and debt figures not disclosed in the 10-Q. Strong leadership hire signals growth focus. Competition remains fierce in storage.
8-K
Q3 revenue up 16%
Pure Storage reported Q3 FY26 revenue of $964.5M, up 16% year-over-year, with subscription ARR at $1.8B (up 17%) and RPO $2.9B (up 24%). Non-GAAP operating income hit $196.2M. It raised FY26 revenue guidance to $3.63B-$3.64B and non-GAAP operating income to $629M-$639M. Momentum builds on AI data demands.
8-K
Finn named CRO; guidance reaffirmed
Pure Storage appointed Patrick Finn as Chief Revenue Officer effective November 4, 2025, succeeding Dan FitzSimons, who shifts to senior advisor. Finn, with 30+ years at Cisco and Cloudflare, gets $650,000 base, 100% target bonus, $1M signing bonus, and RSUs for 92,896 and 108,840 shares. Company reaffirmed Q3 and FY26 guidance. Leadership refresh targets sales acceleration.
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