Pure Storage, Inc. (PSTG) Revenue History
Annual and quarterly revenue from 2015 to 2026
Compound Annual Growth Rate (CAGR)
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PSTG Revenue Growth
Revenue Breakdown (FY 2025)
PSTG's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
PSTG Revenue Analysis (2015–2026)
As of May 7, 2026, Pure Storage, Inc. (PSTG) generated trailing twelve-month (TTM) revenue of $3.66 billion, reflecting exceptional growth of +20.4% year-over-year. The most recent quarter (Q4 2026) recorded $1.06 billion in revenue, up 9.8% sequentially.
Looking at the longer-term picture, PSTG's 5-year compound annual growth rate (CAGR) stands at +16.8%, indicating consistent double-digit revenue growth. The company achieved its highest annual revenue of $3.66 billion in 2026, representing a new all-time high.
Revenue diversification analysis shows PSTG's business is primarily driven by Product (54%), and Service (46%). With over half of revenue concentrated in Product, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including NTAP (+3.1% YoY), HPE (+14.9% YoY), and DELL (+19.0% YoY), PSTG has underperformed the peer group in terms of revenue growth. Compare PSTG vs NTAP →
PSTG Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| PSTGCurrent | $3.7B | +20.4% | +16.8% | 3.1% | |
 NTAP | $6.6B | +3.1% | +4.0% | 20.3% | |
 HPE | $34.3B | +14.9% | +4.9% | 4.8% | |
 DELL | $113.5B | +19.0% | +5.5% | 7.2% | |
 IBM | $67.5B | +9.7% | +4.1% | 15.3% | |
 STX | $9.1B | +28.9% | -2.8% | 20.8% |
PSTG Historical Revenue Data (2015–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $3.66B | +15.6% | $2.58B | 70.4% | $114.8M | 3.1% |
| 2025 | $3.17B | +11.9% | $2.21B | 69.8% | $85.3M | 2.7% |
| 2024 | $2.83B | +2.8% | $2.02B | 71.4% | $53.6M | 1.9% |
| 2023 | $2.75B | +26.3% | $1.90B | 68.9% | $83.5M | 3.0% |
| 2022 | $2.18B | +29.5% | $1.47B | 67.5% | $-98,398,000 | -4.5% |
| 2021 | $1.68B | +2.5% | $1.15B | 68.2% | $-261,033,000 | -15.5% |
| 2020 | $1.64B | +20.9% | $1.13B | 69.0% | $-191,283,000 | -11.6% |
| 2019 | $1.36B | +32.7% | $902.3M | 66.4% | $-169,257,000 | -12.4% |
| 2018 | $1.02B | +38.6% | $669.2M | 65.3% | $-167,434,000 | -16.3% |
| 2017 | $739.2M | +67.9% | $475.7M | 64.4% | $-221,272,000 | -29.9% |
Full PSTG Stock Analysis
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Start ComparisonPSTG — Frequently Asked Questions
Quick answers to the most common questions about buying PSTG stock.
Is PSTG's revenue growth accelerating or slowing?
PSTG revenue is accelerating at +20.4% year-over-year, exceeding the 5-year CAGR of +16.8%. TTM revenue reached $3.7B. Growth momentum has increased versus prior periods.
What is PSTG's long-term revenue growth rate?
Pure Storage, Inc.'s 5-year revenue CAGR of +16.8% reflects the sustained expansion pattern. Current YoY growth of +20.4% is above this long-term average.
How is PSTG's revenue distributed by segment?
PSTG reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2026 are available for download. Segment mix reveals concentration and diversification trends.