Education
About Us
Working with TipRanks
Follow Us
Pure Storage (PSTG)
NYSE:PSTG
Earnings Data
Report Date
May 28, 2025TBA Not Confirmed
Period Ending
2026 (Q1)Consensus EPS Forecast
0.25Last Year’s EPS
0.32Same Quarter Last Year
Moderate Buy
Based on 17 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Feb 26, 2025
|% Change Since: -15.17%
|Next Earnings Date:May 28, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with significant achievements in revenue growth, technological advancements, and strategic wins. However, these were offset by challenges in gross margins due to NAND price increases, a decline in Evergreen//One sales, and geopolitical uncertainties. The sentiment reflects a cautious optimism with an acknowledgment of existing challenges.Company Guidance
During the Pure Storage Fourth Quarter and Full Year Fiscal 2025 Financial Results Conference Call, the company exceeded its revenue and earnings guidance, achieving a total revenue of $3.2 billion, marking a 12% increase from the previous year. The company also reported a record operating profit of $559 million, with a Q4 operating profit of $153 million and an operating margin of 17.4%. Pure Storage's subscription services revenue grew by 17% to $385 million, with annual recurring revenue reaching $1.7 billion, a 21% increase. The total remaining performance obligations (RPO) grew by 14% to $2.6 billion, with subscription services-related RPO increasing by 15%. The company acquired 334 new customers, maintaining service to 62% of the Fortune 500. Looking ahead, Pure Storage expects an 11% revenue growth for FY 2026, with a revenue target of over $3.5 billion and an operating profit of approximately $595 million, maintaining a 17% operating margin. The company plans to continue investments in expanding their DirectFlash modules and scaling operations for large production deployments, particularly in light of their recent hyperscale design win.Record Revenue and Growth
Pure Storage surpassed $3 billion in total revenue for the first time, achieving $3.2 billion, representing a 12% growth year-over-year.
Evergreen//One TCV Sales Record
Quarterly TCV sales of Evergreen//One reached a record $140 million, marking a 20% increase.
Technological Advancements
The launch of Fusion v.2 has been positively received by customers, transforming enterprise data storage architectures into enterprise data clouds.
Hyperscale Design Win
Secured a design win with a top four hyperscaler, progressing well in testing and deployment plans.
Innovation in Product Offerings
Launched a 150 terabyte DirectFlash module and expanded the E family, addressing the increase in unstructured data driven by AI.
---
PSTG Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
PSTG Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 26, 2025 | $62.44 | $53.20 | -14.80% |
| Dec 03, 2024 | $53.54 | $65.35 | +22.06% |
| Aug 28, 2024 | $59.76 | $50.32 | -15.80% |
| May 29, 2024 | $63.00 | $63.25 | +0.40% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does Pure Storage (PSTG) report earnings?
Pure Storage (PSTG) is schdueled to report earning on May 28, 2025, TBA Not Confirmed.
What is Pure Storage (PSTG) earnings time?
Pure Storage (PSTG) earnings time is at May 28, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is PSTG EPS forecast?
PSTG EPS forecast for the fiscal quarter 2026 (Q1) is 0.25.
---
