STOCK TITAN

Pure Storage Inc - PSTG STOCK NEWS

Welcome to our dedicated page for Pure Storage news (Ticker: PSTG), a resource for investors and traders seeking the latest updates and insights on Pure Storage stock.

Pure Storage Inc (NYSE: PSTG) delivers cutting-edge enterprise data storage solutions that power AI-driven analytics, multi-cloud environments, and mission-critical applications. This page provides a comprehensive collection of official press releases and curated news coverage about the company’s technological advancements, financial performance, and strategic initiatives.

Investors and technology professionals will find timely updates on PSTG’s all-flash storage innovations, Evergreen subscription services, and partnerships shaping the future of data infrastructure. The resource covers earnings announcements, product launches, executive insights, and industry recognition, offering a holistic view of the company’s market position.

Key content areas include developments in storage-as-a-service platforms, sustainability initiatives, and expansions into emerging technologies. Bookmark this page to stay informed about Pure Storage’s role in enabling secure, scalable data management for global enterprises and cloud-native organizations.

Rhea-AI Summary

Pure Storage (NYSE: PSTG) has announced the integration of NVIDIA AI Data Platform into its FlashBlade platform, enhancing enterprise data storage capabilities for AI deployments. The company achieved multiple NVIDIA certifications, including High-Performance Storage (HPS) certification for NVIDIA Cloud Partner Reference Architectures and NVIDIA-Certified Storage Partner approval for Foundation and Enterprise levels.

The FlashBlade platform, working with NVIDIA accelerated computing, networking, and AI Enterprise software, enables rapid data processing for AI reasoning applications. This integration follows the launch of FlashBlade//EXA, designed for AI and high-performance computing requirements.

The solution addresses challenges faced by traditional storage systems, including GPU efficiency limitations and data access bottlenecks. Pure Storage's platform offers high-level read/write performance guarantees, seamless multi-tenancy handling, and always-on quality of service (QoS), specifically designed to accelerate large-scale training and inference for AI workloads.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.31%
Tags
AI
-
Rhea-AI Summary

Pure Storage (NYSE: PSTG) has unveiled FlashBlade//EXA™, a groundbreaking data storage platform designed for AI and High-Performance Computing (HPC). The platform is projected to deliver over 10 terabytes per second read performance in a single namespace, setting a new industry benchmark.

Key features include independent scaling of data and metadata, near unlimited scale with third-party data nodes, and reduced complexity through standard protocols. The platform incorporates NVIDIA networking components and is specifically engineered to handle the complex, multi-modal workloads of modern AI, including text, images, and videos processed by thousands of GPUs simultaneously.

FlashBlade//EXA addresses critical limitations in legacy storage systems, offering parallel processing, ultra-low latency, and high throughput. The solution is expected to launch in summer 2025, promising to accelerate AI innovation while maintaining data security and scalability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.52%
Tags
AI
-
Rhea-AI Summary

Pure Storage (PSTG) reported strong fiscal Q4 and full year 2025 results, with annual revenue exceeding $3.2 billion, up 12% year-over-year. Q4 revenue reached $879.8 million, growing 11% YoY, while subscription services revenue increased 17% to $385.1 million.

Key financial highlights include Q4 non-GAAP operating margin of 17.4% and full-year operating margin of 17.7%. The company generated $753.1 million in operating cash flow for the full year. Pure Storage returned $374 million to stockholders through share repurchases in FY25 and authorized an additional $250 million for future repurchases.

Notable achievements include securing a design win with a top-four hyperscaler, launching Pure Fusion v2, and expanding AI capabilities through partnerships with NVIDIA and CoreWeave. The company maintained a Net Promoter Score of 81 and was recognized as a leader in Gartner Magic Quadrant for the eleventh consecutive year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.8%
Tags
Rhea-AI Summary

Pure Storage (NYSE: PSTG) has announced its upcoming conference call scheduled for February 26, 2025, at 2:00 p.m. PT to discuss financial results for the fiscal fourth quarter and full year 2025, which ended February 2, 2025. The call will follow the release of the company's financial results.

The company has also announced participation in two upcoming investor conferences: the Bernstein Insights: What's Next in Tech? 3rd Annual TMT Forum on February 27, featuring Chairman and CEO Charles Giancarlo and CFO Kevan Krysler, and the Susquehanna 14th Annual Tech Conference on February 28, featuring CTO Rob Lee.

All presentations will be accessible via webcast on Pure Storage's Investor Relations website, with a replay of the earnings call available for two weeks via phone.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.36%
Tags
conferences earnings
-
Rhea-AI Summary

Pure Storage (NYSE: PSTG) has announced an updated Reseller Partner Program aimed at increasing partner profitability and enabling successful data storage transformation. The program focuses on replacing traditional hard disk storage with all-flash solutions and addresses key market demands including AI and cyber resilience.

The enhanced program introduces solution-oriented training, including on-demand courses and technical boot camps. Partners gain access to new tools such as Pure Partner Intelligence for real-time analytics, Pure Realize™ for use-case proposals, and a new Digital Partner Master Services Agreement process through the Pure1® platform.

The program emphasizes four key areas: Hybrid Cloud Optimization, AI-Ready Infrastructure, Modern Applications, and Cyber Resilience. Partners will benefit from enriched rewards and rebates, along with operational enhancements including a redesigned partner portal and new CPQ tooling planned for later this fiscal year.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.36%
Tags
none
-
Rhea-AI Summary

Pure Storage (NYSE: PSTG) announced an expanded strategic collaboration with Micron Technology to develop high-capacity, energy-efficient storage solutions for hyperscale data centers. The partnership will utilize Micron's G9 QLC NAND technology in Pure Storage's future DirectFlash® Module products, building on their decade-long relationship that includes seven generations of NAND integration.

The collaboration addresses three critical data center challenges: energy efficiency, storage density, and performance. Pure Storage's 150TB DirectFlash Module, which currently uses Micron's G8 QLC NAND, demonstrates their joint capability to deliver massive drive capacities with high performance and low latency.

The partnership aims to provide improved performance with lower latency, sustainable solutions with reduced energy consumption, and rack-dense scalable solutions at a reduced total cost of ownership compared to traditional hard drive-based storage solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.51%
Tags
none
Rhea-AI Summary

Pure Storage (NYSE: PSTG) and Kioxia have announced a strategic collaboration to develop advanced storage technology for hyperscale data centers. The partnership combines Pure Storage's data storage platform with Kioxia's QLC flash memory to address the limitations of traditional HDD-based storage solutions.

The collaboration aims to deliver three key benefits: increased performance through ultra-fast, low-latency capabilities for data-intensive workloads; improved cost efficiency with optimized storage costs and lower TCO; and reduced environmental impact through significantly lower energy consumption compared to traditional HDDs.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.06%
Tags
none
-
Rhea-AI Summary

Pure Storage (NYSE: PSTG) reported strong Q3 FY2025 financial results, with revenue reaching $831.1 million, up 9% year-over-year. Subscription services revenue grew 22% to $376.4 million, with subscription ARR hitting $1.6 billion. The company achieved a significant milestone with an industry-first design win from a top-four hyperscaler for their DirectFlash technology.

Key financial metrics include a non-GAAP gross margin of 71.9%, operating income of $167.3 million, and operating margin of 20.1%. The company maintained a strong balance sheet with $1.6 billion in cash and equivalents, returning $182 million to stockholders through share repurchases. For Q4 FY25, Pure Storage projects revenue of $867M with 9.7% YoY growth.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
22.06%
Tags
-
Rhea-AI Summary

Pure Storage (NYSE: PSTG) announced two major AI-focused innovations: the new Pure Storage GenAI Pod and the certification of FlashBlade//S500 with NVIDIA DGX SuperPOD. The GenAI Pod is a full-stack solution providing turnkey designs for simplified deployment of generative AI projects, expected to launch in first half of 2025. The solution includes partnerships with industry leaders like Arista, Cisco, KX, Meta, NVIDIA, Red Hat, SuperMicro, and WWT. Initial applications target drug discovery, trade research, and RAG frameworks. The FlashBlade//S500 certification aims to accelerate enterprise AI training with high-performance Ethernet-based storage.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.76%
Tags
AI
Rhea-AI Summary

Pure Storage (NYSE: PSTG) announced a strategic investment and partnership with CoreWeave, making Pure Storage's platform available within CoreWeave Cloud. The collaboration aims to accelerate AI cloud services innovation by combining Pure Storage's flash technology expertise with CoreWeave's specialized cloud environments.

The partnership offers customers access to Pure Storage's unified storage platform with 99.9999% reliability across file, object, and block storage, integrated into CoreWeave's AI supercomputer environments. This integration enables organizations to customize their storage solutions and scale infrastructure according to their AI workload requirements.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.56%
Tags
partnership AI
Pure Storage Inc

NYSE:PSTG

PSTG Rankings

PSTG Stock Data

13.61B
309.57M
5.27%
86.28%
2.81%
Computer Hardware
Computer Storage Devices
Link
United States
SANTA CLARA