Pure Storage Inc Stock Price, News & Analysis

Pure Storage (NYSE: PSTG) updated its reseller, managed services, and distributor partner programs on Feb 4, 2026, introducing a new Ambassador tier, Solution Practice Designations for AI, cyber resilience, cloud and app modernization, a data-centric MSP focus, and expanded distributor enablement and incentives.

Pure Storage (NYSE: PSTG) announced on December 10, 2025 that its board approved an incremental share repurchase authorization of up to $400 million under the existing repurchase program. This authorization is in addition to about $20 million remaining under the prior $250 million program announced in February 2025.

The company said repurchases will be funded from available cash and may be executed opportunistically via open-market purchases, privately negotiated transactions, block trades, 10b5-1 plans, or other approaches. The program has no expiration date, does not obligate Pure Storage to buy shares, and may be suspended or discontinued at any time.

Pure Storage (NYSE: PSTG) reported third quarter fiscal 2026 results for the period ended November 2, 2025, with Q3 revenue of $964.5M (+16% YoY) and subscription services revenue of $429.7M (+14% YoY). Subscription ARR reached $1.8B (+17% YoY) and RPO was $2.9B (+24% YoY). GAAP gross margin was 72.3% and non-GAAP gross margin 74.1%. GAAP operating income was $53.9M (5.6% margin); non-GAAP operating income was $196.2M (20.3% margin). Operating cash flow was $116.0M and free cash flow $52.6M. Company raised FY26 revenue and non-GAAP operating income guidance and returned ~$53M in share repurchases.

The company highlighted product updates, cloud expansion with Azure Native, Pure1 AI Copilot enhancements, Portworx and Fusion integrations, and new cyber resilience partnerships.

Pure Storage (NYSE: PSTG) will release third quarter fiscal 2026 results for the period ended November 2, 2025 and host a conference call on Tuesday, December 2, 2025 at 2:00 p.m. PT to discuss the results.

The live audio broadcast will be available on the Pure Storage investor relations website at investor.purestorage.com. A replay will be posted on the investor site and will be available by phone for two weeks at 1-800-770-2030 (U.S.) or 1-647-362-9199 (international) using passcode 5667482.

Pure Storage executives are also scheduled to present at the UBS Global Technology & AI Conference on December 4, 2025 and the 28th Annual Needham Growth Virtual Conference on January 15, 2026.

Pure Storage (NYSE: PSTG) named Patrick Finn as Chief Revenue Officer effective Nov. 4, 2025, with responsibility for global sales and channels. Finn succeeds Dan FitzSimons, who will remain at the company in an advisory capacity to support a smooth transition.

The company reaffirmed its Q3 and full-year FY26 guidance. Management noted Pure's scale, referencing more than $3 billion in annual revenue. Finn joins from Cloudflare and has prior senior sales roles at Cisco, Pepsi-Cola, and IBM.

Pure Storage and Cisco (NASDAQ: CSCO) unveiled a new FlashStack Cisco Validated Design (CVD) as part of the Cisco Secure AI Factory with NVIDIA to help enterprises move generative AI from pilot to production.

The solution combines Pure Storage FlashBlade//S, Cisco UCS C845a servers with NVIDIA GPUs, NVIDIA AI Enterprise software, Nexus 9000 networking, and Portworx to provide high-performance data access, Kubernetes data persistence, low-latency fabric, and unified telemetry. The FlashStack CVD will be generally available in Q1 2026 through channel partners and offers early access and briefings now.

Pure Storage (NYSE: PSTG) was named a Leader in the first-ever 2025 Gartner Magic Quadrant for Infrastructure Platform Consumption Services (IPCS) on Oct 24, 2025.

Gartner defines IPCS as consumption-based, native platform offerings that include STaaS, CaaS, NaaS or dPaaS and focus on SLA-based outcomes like cost optimization, productivity, sustainability, autonomous optimization, and cyber resilience. Pure highlights SLA-driven data management, Evergreen//One flexible consumption, an AI-driven control plane (Pure1), and a broad partner ecosystem including AWS, Cisco, Microsoft Azure, NVIDIA and others.

Pure Storage (NYSE: PSTG) has announced significant enhancements to its cyber resilience capabilities through platform innovations and expanded partnerships. The company introduced new integrations with CrowdStrike Falcon Next-Gen SIEM (available Q3 FY26) and Superna Data Security Essentials (available now) to strengthen threat detection and response at the data layer.

Key developments include a new partnership with Veeam to deliver Cyber Resilience as a Service (available Q4 FY26) and the introduction of Pure Protect Recovery Zones (available Q1 FY27) for isolated recovery environments. These innovations build upon Pure Storage's Enterprise Data Cloud (EDC) architecture, enabling organizations to centrally manage data across on-premises, public cloud, and hybrid environments.

Pure Storage (NYSE: PSTG) has announced significant enhancements to its Enterprise Data Cloud platform, focusing on unified data management for AI initiatives. The company introduced Pure Storage Cloud, featuring Azure Native integration, and expanded its Portworx integration with Pure Fusion for comprehensive workload management.

Key innovations include the expansion of Pure1 AI Copilot with Model Context Protocol integration, Pure Key Value Accelerator integration with NVIDIA Dynamo for AI inference, and Purity Deep Reduce for enhanced data reduction. The company also unveiled next-generation FlashArray products, including FlashArray//XL 190, FlashArray//X R5, and FlashArray//C R5, designed to support both traditional enterprise apps and modern AI/ML workloads.