PSTG
TechnologyPure Storage, Inc.
$69.66
+$0.65 (+0.94%)
Jan 5, 2026
Price History (1Y)
Analysis
Pure Storage, Inc. is a technology company in the computer hardware industry with a significant scale, boasting a market capitalization of $23.00 billion and annual revenues of $3.48 billion. The company employs approximately 6,000 individuals. The financial health of Pure Storage appears to be mixed. On one hand, the company has achieved profitability, reporting gross margins of 69.8% and operating margins of 5.6%. Additionally, it boasts a return on equity (ROE) of 9.3%, indicating efficient use of shareholder capital. However, the net income margin is relatively low at 3.7%, suggesting that the company may be investing heavily in growth initiatives. The balance sheet shows a manageable level of debt ($228.40 million) and significant cash reserves ($1.53 billion), resulting in a current ratio of 1.65. Pure Storage's valuation is notable, with a price-to-earnings (P/E) ratio of 183.32 on a trailing basis, which may be considered high compared to industry peers. The forward P/E ratio is lower at 30.48, indicating potential for earnings growth in the future. Revenue growth has been robust, increasing by 16.0% year-over-year, while earnings growth has contracted by 15.8%. Dividend information is not applicable as the payout ratio is 0.0%, suggesting that the company may be prioritizing capital allocation towards growth initiatives rather than dividend payments.
This analysis is AI-generated for informational purposes only and should not be considered financial advice. Data may be delayed or inaccurate. Always do your own research and consult a qualified financial advisor before making investment decisions.
About Pure Storage, Inc.
Pure Storage, Inc. provides data storage and management technologies, products, and services in the United States and internationally. Its Purity software is shared across its products and provides enterprise-class data services, such as always-on data reduction, data protection, and encryption, as well as storage protocols, including block, file, and object. The company also provides FlashArray integrated hardware systems, including FlashArray//X, FlashArray//C, FlashArray//XL, FlashArray//E, and FlashArray File Services for block-oriented storage, addressing databases, applications, virtual machines, and other traditional workloads; and FlashBlade integrated hardware systems comprising FlashBlade//S, FlashBlade//E, and FlashBlade//EXA for managing and processing unstructured data workloads of various types from real-time log analytics and commercial high-performance computing (HPC) to data protection and recovery. In addition, it offers cloud-native storage solutions, such as Portworx by Pure Storage, a cloud-native Kubernetes data management solution; and Portworx Data Services, a Database-as-a-Service platform for Kubernetes. Further, the company provides Pure Fusion, a Software-as-a-Service (SaaS) management plane, which enables storage administrators to unify storage arrays and optimize storage pools; Evergreen Architecture comprising Pure1, an AI-driven cloud-based management platform, as well as Evergreen//One and Evergreen//Flex data storage solutions; and Cloud Block Store, a virtual block storage array, that provides customers the flexibility to operate a hybrid cloud model with seamless data mobility across on-premises and public cloud environments. It sells its products and subscription services through direct sales force and channel partners. The company was formerly known as OS76, Inc. and changed its name to Pure Storage, Inc. in January 2010. Pure Storage, Inc. was incorporated in 2009 and is headquartered in Santa Clara, California.
Visit website →Key Statistics
- Market Cap
- $23.00B
- P/E Ratio
- 183.32
- 52-Week High
- $100.59
- 52-Week Low
- $34.51
- Avg Volume
- 3.68M
- Beta
- 1.26
Company Info
- Industry
- Computer Hardware
- Exchange
- NYQ
- Country
- United States
- Employees
- 6,000