- Revenue: $879.8M, +11% YoY
- Net Income: $42.4M vs $65.4M YoY
- Subscription ARR: $1.7B, +21% YoY
CEO Charles Giancarlo: "Pure Storage delivered solid fourth quarter and full year results as we fundamentally transform data storage and management for enterprises and hyperscalers."
CFO Kevan Krysler: "We achieved a major financial milestone in fiscal year 2025, surpassing $3 billion in total revenue for the first time while delivering strong operating profit."
🌱Revenue & Growth
- Q4 Product revenue: $494.8M, +7% YoY
- Q4 Subscription services: $385.1M, +17% YoY
- Full-year revenue: $3.2B, +12% YoY
- Remaining performance obligations: $2.6B, +14% YoY
💰Profits & Financials
- Q4 GAAP gross margin: 67.5% vs 72.0% YoY
- Q4 Operating margin: 4.8% vs 7.3% YoY
- Q4 Free cash flow: $151.9M vs $200.9M YoY
- Share repurchase: $374M in FY25, bought back 6.7M shares
📌Business Highlights
- Achieved first design win with a top-four hyperscaler
- Released Pure Fusion v2 for enterprise data clouds
- Launched GenAI Pod for enterprise AI deployments
- Maintained world-class Net Promoter Score of 81
🔮Future Outlook
- Q1 FY26 revenue guidance: $770M, +11% YoY
- FY26 revenue guidance: $3.515B, +11% YoY
- FY26 non-GAAP operating margin target: 17.0%
- Authorized additional $250M for share repurchases