NYSE$P

Everpure Inc · Q3 2026 earnings

Q3 2026 earnings · · After market close · Investor relations

Briefing

Pure Storage reported strong revenue growth and record non-GAAP operating income in Q3 FY26.

Pure Storage exceeded its revenue and profit expectations in Q3 FY26, driven by robust demand for subscription services and expanded enterprise data solutions. The company raised its full-year guidance on both revenue and operating income.

  • Revenue reached $964.5 million, up from $831.1 million a year earlier.
  • Net income was $54.8 million with diluted EPS of $0.16.
  • Subscription services revenue grew to $429.7 million.
  • Raised FY26 guidance for revenue and non-GAAP operating income.

Headline financials

Total Revenue

$965M

Previous: $831M+16.1%
EPS (adj)

$0.58

Previous: $0.50+16.0%
Free Cash Flow

$52.6M

No prior period
Net Income

$54.8M

Previous: $63.6M-13.9%
Operating Income

$53.9M

Previous: $59.7M-9.7%
Gross Profit

$697M

Previous: $583M+19.6%

Revenue & EPS history

Pure Storage · Revenue · Quarterly

$965M

Q3 2026+16.1%vs Q3 2025
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Revenue by segment

Pure Storage · $693M total across 2 segments · Q1 2025

  • Product
    $347M+12.4%
  • Subscription services
    $346M+23.5%

Forward guidance

Pure Storage expects Q4 FY26 revenue between $1.02B and $1.04B and raised its full-year guidance, reflecting confidence in sustained growth and profitability.

Tailwinds

  • Q4 FY26 revenue guidance raised to $1.02B–$1.04B.
  • FY26 revenue guidance increased to $3.63B–$3.64B.
  • FY26 non-GAAP operating income guidance raised to $629M–$639M.
  • Strong demand in subscription and enterprise data services.
  • Continued investment in R&D and go-to-market to fuel growth.

Headwinds

  • GAAP operating income lower than prior year ($53.9M vs. $59.7M).
  • EPS declined year-over-year ($0.16 vs. $0.19).
  • Higher operating expenses due to increased R&D and sales investment.
  • Cash flow impacted by significant share repurchases and tax withholdings.
  • Revenue growth partially offset by increased inventory and deferred expenses.

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 Q3 2026

Historical avgQ3 2026

+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

Earnings price reactions
QuarterReport dateReaction (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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