Pure Storage Inc Stock Price, News & Analysis

Pure Storage (NYSE: PSTG) has announced a strategic collaboration with SK hynix to develop advanced QLC flash storage products for hyperscale data centers. The partnership aims to address the growing demands of data-intensive environments by combining Pure Storage's DirectFlash Module products with SK hynix's QLC NAND flash memory technology.

The collaboration will deliver three key benefits: sustained high performance through ultrafast, low-latency solutions for exascale workloads; increased energy efficiency with lower power consumption and reduced carbon footprint; and improved scalability with highly rack-dense systems offering better total cost of ownership compared to traditional HDDs.

Pure Storage (NYSE:PSTG) has announced Portworx for KubeVirt, a pioneering software-defined storage solution designed for VM workloads on Kubernetes using Red Hat OpenShift Virtualization Engine. The collaboration enables enterprises to achieve 30% to 50% cost savings compared to traditional virtualization spending.

The new VM-only offering facilitates easier migration and management of virtual machines to containers while providing a pathway for long-term application modernization. Key benefits include cost optimization, flexible modernization timelines, and application & data flexibility across on-premises, public cloud, edge, or hybrid deployments.

Pure Storage (NYSE: PSTG) has announced its first quarter fiscal 2026 financial results conference call, scheduled for May 28, 2025, at 2:00 p.m. PT. The company will also participate in several upcoming investor events in June 2025:

- William Blair's 45th Annual Growth Stock Conference on June 3 (6:00 a.m. PT) featuring CTO Rob Lee

- Bank of America 2025 Global Tech Conference on June 3 (11:00 a.m. PT) with CEO Charles Giancarlo and CFO Kevan Krysler

- Pure//Accelerate 2025 Product & Technology-Focused Meeting for Financial Analysts on June 19 (1:00 p.m. PT) in Las Vegas

Pure Storage (NYSE: PSTG) has announced the integration of NVIDIA AI Data Platform into its FlashBlade platform, enhancing enterprise data storage capabilities for AI deployments. The company achieved multiple NVIDIA certifications, including High-Performance Storage (HPS) certification for NVIDIA Cloud Partner Reference Architectures and NVIDIA-Certified Storage Partner approval for Foundation and Enterprise levels.

The FlashBlade platform, working with NVIDIA accelerated computing, networking, and AI Enterprise software, enables rapid data processing for AI reasoning applications. This integration follows the launch of FlashBlade//EXA, designed for AI and high-performance computing requirements.

The solution addresses challenges faced by traditional storage systems, including GPU efficiency limitations and data access bottlenecks. Pure Storage's platform offers high-level read/write performance guarantees, seamless multi-tenancy handling, and always-on quality of service (QoS), specifically designed to accelerate large-scale training and inference for AI workloads.

Pure Storage (NYSE: PSTG) has unveiled FlashBlade//EXA™, a groundbreaking data storage platform designed for AI and High-Performance Computing (HPC). The platform is projected to deliver over 10 terabytes per second read performance in a single namespace, setting a new industry benchmark.

Key features include independent scaling of data and metadata, near unlimited scale with third-party data nodes, and reduced complexity through standard protocols. The platform incorporates NVIDIA networking components and is specifically engineered to handle the complex, multi-modal workloads of modern AI, including text, images, and videos processed by thousands of GPUs simultaneously.

FlashBlade//EXA addresses critical limitations in legacy storage systems, offering parallel processing, ultra-low latency, and high throughput. The solution is expected to launch in summer 2025, promising to accelerate AI innovation while maintaining data security and scalability.

Pure Storage (PSTG) reported strong fiscal Q4 and full year 2025 results, with annual revenue exceeding $3.2 billion, up 12% year-over-year. Q4 revenue reached $879.8 million, growing 11% YoY, while subscription services revenue increased 17% to $385.1 million.

Key financial highlights include Q4 non-GAAP operating margin of 17.4% and full-year operating margin of 17.7%. The company generated $753.1 million in operating cash flow for the full year. Pure Storage returned $374 million to stockholders through share repurchases in FY25 and authorized an additional $250 million for future repurchases.

Notable achievements include securing a design win with a top-four hyperscaler, launching Pure Fusion v2, and expanding AI capabilities through partnerships with NVIDIA and CoreWeave. The company maintained a Net Promoter Score of 81 and was recognized as a leader in Gartner Magic Quadrant for the eleventh consecutive year.

Pure Storage (NYSE: PSTG) has announced its upcoming conference call scheduled for February 26, 2025, at 2:00 p.m. PT to discuss financial results for the fiscal fourth quarter and full year 2025, which ended February 2, 2025. The call will follow the release of the company's financial results.

The company has also announced participation in two upcoming investor conferences: the Bernstein Insights: What's Next in Tech? 3rd Annual TMT Forum on February 27, featuring Chairman and CEO Charles Giancarlo and CFO Kevan Krysler, and the Susquehanna 14th Annual Tech Conference on February 28, featuring CTO Rob Lee.

All presentations will be accessible via webcast on Pure Storage's Investor Relations website, with a replay of the earnings call available for two weeks via phone.