Pure Storage, Inc.
For the period ended Nov 2, 2025. Filed Dec 10, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Nov 2, 2025 · Filed Dec 10, 2025
P$101.98-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Statements of Operations
(in thousands, except per share data, unaudited)
| Third Quarter of Fiscal | First Three Quarters of Fiscal | |||
|---|---|---|---|---|
| 2025 | 2026 | 2025 | 2026 | |
| Revenue: | ||||
| Product | $454,735 | $534,760 | $1,204,714 | $1,353,207 |
| Subscription services | 376,337 | 429,693 | 1,083,608 | 1,250,733 |
| Total revenue | 831,072 | 964,453 | 2,288,322 | 2,603,940 |
| Cost of revenue: | ||||
| Product | 154,970 | 152,006 | 385,446 | 443,352 |
| Subscription services | 93,180 | 115,070 | 284,168 | 322,722 |
| Total cost of revenue | 248,150 | 267,076 | 669,614 | 766,074 |
| Gross profit | 582,922 | 697,377 | 1,618,708 | 1,837,866 |
| Operating expenses: | ||||
| Research and development | 200,086 | 256,364 | 589,396 | 720,130 |
| Sales and marketing | 255,830 | 293,817 | 757,069 | 858,219 |
| General and administrative | 67,319 | 93,278 | 213,551 | 231,899 |
| Restructuring and impairment | — | — | 15,901 | — |
| Total operating expenses | 523,235 | 643,459 | 1,575,917 | 1,810,248 |
| Income from operations | 59,687 | 53,918 | 42,791 | 27,618 |
| Other income (expense), net | 17,156 | 11,790 | 50,684 | 89,145 |
| Income before provision for income taxes | 76,843 | 65,708 | 93,475 | 116,763 |
| Provision for income taxes | 13,204 | 10,902 | 29,171 | 28,834 |
| Net income | $63,639 | $54,806 | $64,304 | $87,929 |
| Net income per share attributable to common stockholders, basic | $0.19 | $0.17 | $0.20 | $0.27 |
| Net income per share attributable to common stockholders, diluted | $0.19 | $0.16 | $0.19 | $0.26 |
| Weighted-average shares used in computing net income per share attributable to common stockholders, basic | 327,675 | 329,570 | 325,530 | 327,901 |
| Weighted-average shares used in computing net income per share attributable to common stockholders, diluted | 340,564 | 345,747 | 341,490 | 341,019 |
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