Pure Storage Second Quarter 2026 Earnings: Beats Expectations

Pure Storage (NYSE:PSTG) Second Quarter 2026 Results

Key Financial Results

• Revenue: US$861.0m (up 13% from 2Q 2025).
• Net income: US$47.1m (up 32% from 2Q 2025).
• Profit margin: 5.5% (up from 4.7% in 2Q 2025). The increase in margin was driven by higher revenue.
• EPS: US$0.14 (up from US$0.11 in 2Q 2025).

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All figures shown in the chart above are for the trailing 12 month (TTM) period

Pure Storage Revenues and Earnings Beat Expectations

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) also surpassed analyst estimates by 49%.

Looking ahead, revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 5.8% growth forecast for the Tech industry in the US.

Performance of the American Tech industry.

The company's shares are up 4.7% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 1 warning sign for Pure Storage you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.