Pure Storage Revenue Jumps 13% in Q2
Pure Storage (NYSE:PSTG), a specialist in enterprise flash data storage solutions, reported its fiscal second quarter 2026 results on August 27, 2025. In this release, the company announced GAAP revenue of $861.0 million, up 13% year-over-year and ahead of the $845 million GAAP revenue guidance it previously issued. Subscription services revenue increased 15% year-over-year to $414.7 million. The company's non-GAAP operating margin saw some compression, landing at 15.1%, down from 18.1% in the year-ago quarter. Management also raised its outlook for both full-year revenue and non-GAAP operating income for FY26. The period highlighted robust top-line growth, continued expansion in recurring revenue streams, and higher future expectations, offset by rising expenses and moderating margins.
Source: Analyst estimates provided by FactSet. Management expectations based on management's guidance, as provided in Q1 2026 earnings report.
PSTG provides data storage products built around flash memory technology, designed to replace older disk-based storage in business and cloud environments. Its core portfolio includes flash-based hardware, intelligent software, and cloud management platforms, all aimed at improving speed, efficiency, and reliability for customers managing large, complex data workloads.
Source Fool.com
