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Strong Financial Results for Pure Storage in Q3 FY2026

Pure Storage, an industry leader in advanced data storage solutions, has released its financial results for the third quarter of fiscal year 2026, ending November 2, 2025. The company reported a remarkable total revenue of $964.5 million, representing a 16% increase compared to the previous year. This growth highlights the increasing reliance on Pure Storage's innovative solutions as enterprises seek to handle the complex challenges associated with data management.

Key Financial Highlights

• - Total revenue: $964.5 million, up 16% year-over-year.
• - Subscription services revenue: $429.7 million, an increase of 14% year-over-year.
• - Annual recurring revenue (ARR): $1.8 billion, up 17% year-over-year.
• - Remaining performance obligations (RPO): $2.9 billion, reflecting a 24% increase year-over-year.
• - Operating income (GAAP): $53.9 million; non-GAAP operating income totaled $196.2 million.

CEO Charles Giancarlo remarked, “Pure Storage delivered another strong quarter as global customers increasingly choose Pure to solve their toughest data management challenges.” He emphasized the necessity for data accessibility in this AI-driven era, stating that Pure's Enterprise Data Cloud plays a crucial role in liberating data from traditional application silos, thus enabling companies to leverage the full potential of AI, automation, and analytics.

Innovative Product Expansions

During Q3, Pure Storage made significant strides in expanding its product offerings. The Enterprise Data Cloud was launched into the public cloud with the introduction of Pure Storage Cloud Azure Native, developed in partnership with Microsoft. This product is a pioneering fully managed enterprise-grade block volume service.

Additionally, the company upgraded its flagship FlashArray family with the new FlashArray//XL190 R5, FlashArray//X R5, and FlashArray//C R5, signaling its commitment to enhancing its existing product lineup while simplifying workload expansions.

Advancement in AI Technology

To further enhance its services, Pure Storage expanded its Pure1 AI Copilot, introducing capabilities specifically for Portworx customers. This initiative marks the introduction of the industry’s first AI-powered platform engineering assistant, increasing the interoperability between traditional and modern applications through innovative integrations with tools like Portworx and Pure Fusion.

The company also focused on strengthening its cybersecurity measures. New services such as Pure Protect Recovery Zones have been rolled out to proactively detect threats and enable faster recovery from incidents, demonstrating Pure Storage's commitment to helping its customers maintain robust security in an ever-changing tech landscape.

Positive Recognition and Future Outlook

This quarter not only showcased impressive financial growth but also attracted widespread recognition. Pure Storage was named a Leader in the 2025 Gartner Magic Quadrant for Enterprise Storage Platforms, underscoring its position as a frontrunner in the storage industry. Additionally, it earned a place as a Leader in the Gartner Magic Quadrant for Infrastructure Platform Consumption Services and was recognized in the Leaders category in the IDC MarketScape Worldwide Hardware Support Services 2025 Vendor Assessment. Fortune also named Pure among its **