PSTG

Pure Storage

Technology Computer Hardware NYSE

About the company

Pure Storage Inc, headquartered in the United States, has established itself as a prominent player in the technology industry. The company specializes in providing cutting-edge enterprise data storage solutions that have revolutionized businesses globally. With a focus on enhancing performance, reducing complexity, and lowering costs, Pure Storage empowers organizations to unlock their data's true potential. One of the primary sources of revenue for Pure Storage is its product offerings. These include integrated storage hardware and embedded operating system software. The company's hardware is meticulously designed to deliver unparalleled performance and reliability, ensuring that businesses can effectively store and access their valuable data. Moreover, the embedded operating system software enhances efficiency, simplifies management, and provides advanced data protection capabilities. Pure Storage's subscription services comprise another significant revenue stream for the company. The flagship offering in this domain is the Evergreen Storage subscription. This unique and groundbreaking subscription model allows businesses to continuously upgrade their storage infrastructure without the traditional forklift upgrades and disruptions. This means that organizations can seamlessly scale their storage capacities and capabilities as their needs evolve, ensuring they can keep up with the ever-growing demands of modern data management. Additionally, Pure Storage offers Pure as-a-Service, a subscription-based model that provides organizations with flexible cloud-like storage infrastructure. This allows businesses to leverage the advantages of cloud storage while maintaining control over their data. This subscription model is particularly beneficial for companies looking to optimize their IT costs, as they only pay for the storage resources they actually consume. Cloud Block Store is another subscription service offered by Pure Storage. This solution provides businesses with the ability to consolidate, automate, and manage block storage in public cloud environments seamlessly. It ensures consistently high performance and data mobility across multiple cloud environments, enabling organizations to harness the benefits of hybrid and multi-cloud strategies. In addition to these subscription services, Pure Storage offers professional services such as installation and implementation consulting. These services are designed to ensure a smooth transition to Pure Storage solutions, allowing organizations to swiftly integrate the technology into their existing infrastructure. Through comprehensive consulting and support, Pure Storage aims to maximize the value that businesses derive from its products and services. With its innovative and customer-centric approach, Pure Storage has witnessed significant growth and success in the technology market. By providing state-of-the-art storage solutions, the company enables businesses to streamline their operations, enhance data accessibility, and make informed decisions based on real-time insights. Moreover, the company's commitment to simplicity and cost-effectiveness resonates with organizations of all sizes, further cementing its position as a key player in the industry. As the demand for efficient and reliable data storage solutions continues to rise, Pure Storage remains at the forefront, constantly pushing the boundaries of innovation. Through its product offerings and subscription services, the company empowers businesses to unlock the true potential of their data, driving growth, productivity, and success in today's data-driven world.

Website: https://www.purestorage.com

Data updated: June 22, 2026

Sector comparison

We compare this company with the typical (middle) company in the same industry to show how it looks against similar businesses. This is information, not a recommendation.

Technology · 874 peers in sector

Metric PSTG Sector median Vs. industry
P/E 123.27 32.63 ↑ Above average
EPS 0.55 USD -0.04 USD ↑ Above average
Dividend yield 0.00% 0.00%
Profit margin 5.14% 0.00% ↑ Above average
ROE 13.68% 0.00% ↑ Above average

Higher and lower here are only a comparison with the typical company in the industry — a higher or lower value on its own does not mean better or worse.

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Frequently Asked Questions

What is Pure Storage?
Pure Storage Inc, headquartered in the United States, has established itself as a prominent player in the technology industry. The company specializes in providing cutting-edge enterprise data storage solutions that have revolutionized businesses globally. With a focus on enhancing performance, reducing complexity, and lowering costs, Pure Storage empowers organizations to unlock their data's true potential. One of the primary sources of revenue for Pure Storage is its product offerings. These include integrated storage hardware and embedded operating system software. The company's hardware is meticulously designed to deliver unparalleled performance and reliability, ensuring that businesses can effectively store and access their valuable data. Moreover, the embedded operating system software enhances efficiency, simplifies management, and provides advanced data protection capabilities. Pure Storage's subscription services comprise another significant revenue stream for the company. The flagship offering in this domain is the Evergreen Storage subscription. This unique and groundbreaking subscription model allows businesses to continuously upgrade their storage infrastructure without the traditional forklift upgrades and disruptions. This means that organizations can seamlessly scale their storage capacities and capabilities as their needs evolve, ensuring they can keep up with the ever-growing demands of modern data management. Additionally, Pure Storage offers Pure as-a-Service, a subscription-based model that provides organizations with flexible cloud-like storage infrastructure. This allows businesses to leverage the advantages of cloud storage while maintaining control over their data. This subscription model is particularly beneficial for companies looking to optimize their IT costs, as they only pay for the storage resources they actually consume. Cloud Block Store is another subscription service offered by Pure Storage. This solution provides businesses with the ability to consolidate, automate, and manage block storage in public cloud environments seamlessly. It ensures consistently high performance and data mobility across multiple cloud environments, enabling organizations to harness the benefits of hybrid and multi-cloud strategies. In addition to these subscription services, Pure Storage offers professional services such as installation and implementation consulting. These services are designed to ensure a smooth transition to Pure Storage solutions, allowing organizations to swiftly integrate the technology into their existing infrastructure. Through comprehensive consulting and support, Pure Storage aims to maximize the value that businesses derive from its products and services. With its innovative and customer-centric approach, Pure Storage has witnessed significant growth and success in the technology market. By providing state-of-the-art storage solutions, the company enables businesses to streamline their operations, enhance data accessibility, and make informed decisions based on real-time insights. Moreover, the company's commitment to simplicity and cost-effectiveness resonates with organizations of all sizes, further cementing its position as a key player in the industry. As the demand for efficient and reliable data storage solutions continues to rise, Pure Storage remains at the forefront, constantly pushing the boundaries of innovation. Through its product offerings and subscription services, the company empowers businesses to unlock the true potential of their data, driving growth, productivity, and success in today's data-driven world.
Are Pure Storage shares expensive?
The price-to-earnings (P/E) ratio of Pure Storage is 123.27 — the share price is 123.27 times the annual profit per share. That is higher than the typical company in the same industry (industry median: 32.63). This is information, not a recommendation. (as of 2026-06-22)
How big is Pure Storage?
The market capitalization of Pure Storage — the combined value of all its shares — is 22.41 B USD. The higher the market cap, the larger the company. (as of 2026-06-22)
Does Pure Storage pay dividends?
The dividend yield of Pure Storage is 0.00% — it shows the annual dividend relative to the share price. This is information, not a recommendation. (as of 2026-06-22)
What sector does Pure Storage belong to?
Pure Storage operates in the Technology sector, industry: Computer Hardware.

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