Pure Storage Q3 revenue rises 16% to $964.5 million; full-year guidance raised
Pure Storage reported fiscal third-quarter 2026 revenue of $964.5 million, up 16% year over year, but GAAP net income fell to $54.8 million from $63.6 million. The company raised its full-year fiscal 2026 revenue and non-GAAP operating income guidance, so the top-line and outlook changes point up while GAAP profit declined.
Key points
- Q3 revenue $964.5 million, up from $831.1 million a year earlier; subscription services revenue $429.7 million, up 14%.
- GAAP net income $54.8 million, or $0.16 per diluted share, versus $63.6 million, or $0.19, a year earlier.
- FY26 revenue guidance raised to $3.63 billion to $3.64 billion from $3.60 billion to $3.63 billion; non-GAAP operating income guidance raised to $629 million to $639 million from $605 million to $625 million.
- Repurchased 0.6 million shares for about $53 million in the quarter; cash and marketable securities totaled $1.5 billion.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on December 02, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.