Pure Storage Raises FY Guidance After 3Q Rev Growth

Dow Jones
2025/12/03
 

By Elias Schisgall

 

Pure Storage raised its guidance for the full year after the company posted higher revenue across its business units.

The Santa Clara, Calif.-based data storage firm said Tuesday it now sees full-year revenue of between $3.63 billion and $3.64 billion, up from previous guidance between $3.6 billion and $3.63 billion.

Analysts polled by FactSet were expecting $3.62 billion in revenue for the year.

Pure Storage also posted a third-quarter profit of $54.8 million, or 16 cents a share, down from $63.6 million or 19 cents a share, a year earlier, as operating expenses rose across the board.

Adjusted earnings were 58 cents a share, meeting the expectations of analysts polled by FactSet.

Revenue rose to $964.5 million, compared with $831.1 million a year earlier. Analysts were expecting $955.9 million in revenue, and the company had guided for revenue between $950 million and $960 million.

Pure Storage saw revenue growth in both product revenue and subscription services. Product revenue grew to $534.8 million, up from $454.7 million a year earlier. Subscription revenue was $429.7 million, up from $376.3 million a year earlier.

The company forecast revenue in the current fourth quarter between $1.02 billion and $1.04 billion. Analysts are expecting $1.02 billion in revenue.

 

Write to Elias Schisgall at elias.schisgall@wsj.com

 

(END) Dow Jones Newswires

December 02, 2025 16:42 ET (21:42 GMT)

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