NYSE$P
Everpure Inc · Q1 2025 earnings
Q1 2025 earnings · · After market close · Investor relations
Briefing
Pure Storage reported Q1 fiscal 2025 results showing revenue growth and a narrower net loss.
Pure Storage, Inc. reported total revenue of $693.5 million for the first quarter of fiscal 2025, up 18% year-over-year, driven by increases in both product and subscription services revenue. The company narrowed its net loss to $35.0 million from $67.4 million in the prior year period, with improved gross margins and operating leverage. Cash flow from operations remained strong at $221.5 million.
- Total revenue grew 18% to $693.5 million, with subscription services revenue up 23% to $346.1 million.
- Net loss improved to $35.0 million ($0.11 per share) from $67.4 million ($0.22 per share) year-over-year.
- Product revenue increased 12% to $347.4 million while subscription services gross margin held steady at 72%.
- Operating cash flow reached $221.5 million, supporting $48.8 million in capital expenditures and ending cash of $900.6 million.
Headline financials
Revenue & EPS history
Pure Storage · Revenue · Quarterly
$693M
Revenue by segment
Pure Storage · $693M total across 2 segments · Q1 2025
- Product$347M+12.4%50.1%
- Subscription services$346M+23.5%49.9%
Forward guidance
The company continues to focus on subscription services growth and AI-related storage opportunities amid macroeconomic uncertainty.
Tailwinds
- Strong demand for FlashBlade solutions and Evergreen subscription offerings
- Improved operating cash flow and balance sheet strength
Headwinds
- Ongoing macroeconomic pressures affecting customer spending
- Competition from public cloud providers and incumbent vendors
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q1 2025
+0.6%
Avg return
Earnings day
-0.3%
Avg return
5 days after
+0.9%
Avg return
30 days after
45%
19 / 42 earnings
Positive
+32.3%
Q2 2026
Best reaction
-27.3%
Q3 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2027 | — | — | — | |
| Q4 2026 | -10.2% | -16.1% | -19.8% | |
| Q3 2026 | -27.3% | -25.0% | -27.1% | |
| Q2 2026 | +32.3% | +27.3% | +35.4% | |
| Q1 2026 | -2.7% | -0.5% | +0.5% | |
| Q4 2025 | -14.8% | -19.7% | -26.3% | |
| Q3 2025 | +23.2% | +22.4% | +17.8% | |
| Q2 2025 | -17.7% | -16.1% | -19.1% | |
| Q1 2025 | +1.2% | -7.9% | -13.5% | |
| Q4 2024 | +26.9% | +34.3% | +25.3% | |
| Q3 2024 | -7.1% | -8.3% | -0.6% | |
| Q2 2024 | +0.7% | +5.6% | -1.9% | |
| Q1 2024 | +20.0% | +17.0% | +25.2% | |
| Q4 2023 | -14.4% | -14.3% | -10.6% | |
| Q3 2023 | +2.7% | -0.6% | -9.2% | |
| Q2 2023 | -4.3% | -1.1% | -7.2% | |
| Q1 2023 | +19.6% | +17.0% | +4.3% | |
| Q4 2022 | +17.3% | +13.6% | +37.8% | |
| Q3 2022 | +12.6% | +8.7% | +21.3% | |
| Q2 2022 | +15.2% | +23.5% | +31.0% | |
| Q1 2022 | +1.2% | +1.0% | +6.0% | |
| Q4 2021 | -7.2% | -4.2% | -15.4% | |
| Q3 2021 | -7.9% | -6.4% | +21.8% | |
| Q2 2021 | -9.9% | -9.4% | -13.5% | |
| Q1 2021 | +1.4% | -0.2% | -0.9% | |
| Q4 2020 | -3.8% | -4.2% | -20.0% | |
| Q3 2020 | -16.0% | -18.2% | -15.8% | |
| Q2 2020 | +17.3% | +15.3% | +27.2% | |
| Q1 2020 | -22.5% | -19.3% | -17.0% | |
| Q4 2019 | +2.0% | -1.6% | +6.6% | |
| Q3 2019 | -7.3% | -9.3% | -16.4% | |
| Q2 2019 | +15.4% | +21.9% | +26.4% | |
| Q1 2019 | -6.0% | -12.4% | +2.2% | |
| Q4 2018 | -1.3% | -5.2% | -7.9% | |
| Q3 2018 | -4.5% | -8.3% | -12.3% | |
| Q2 2018 | +18.1% | +16.0% | +23.5% | |
| Q1 2018 | +9.0% | +17.5% | +24.4% | |
| Q4 2017 | -14.2% | -17.5% | -13.8% | |
| Q3 2017 | -11.6% | -9.1% | -20.7% | |
| Q2 2017 | -1.8% | +0.7% | +17.3% | |
| Q1 2017 | -14.4% | -18.7% | -30.3% | |
| Q4 2016 | -4.1% | — | — | |
| Q3 2016 | +20.4% | — | — | |
| Q2 2016 | — | — | — | |
| Q1 2016 | — | — | — | |
| Q4 2014 | — | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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