Pure Storage's annual revenue was $3.17 B in fiscal year 2025. The annual revenue increased $337.54 M from $2.83 B (in 2024) to $3.17 B (in 2025), representing a 11.92% year-over-year growth.

The revenue of Pure Storage with headquarters in the United States amounted to 3.17 billion U.S. dollars in 2024. The reported fiscal year ends on February 02.Compared to the earliest depicted value from 2020 this is a total increase by approximately 1.49 billion U.S. dollars. The trend from 2020 to 2024 shows, furthermore, that this increase happened continuously.

In fiscal year 2025, Pure Storage's revenue by geographical region are as follows: Non-US: $960.79 M, UNITED STATES: $2.21 B.

Pure Storage operating income for the twelve months ending April 30, 2025 was $0.096B, a 14.68% increase year-over-year. Pure Storage annual operating income for 2025 was $0.085B, a 59.21% increase from 2024. Pure Storage annual operating income for 2024 was $0.054B, a 35.88% decline from 2023. Pure Storage annual operating income for 2023 was $0.084B, a 184.87% decline from 2022.

In fiscal year 2025, the revenue per employee at Pure Storage was $528.03 K. The revenue per employee increased by $22.56 K from $505.47 K (in 2024) to $528.03 K (in 2025).

Pure Storage reports a 12.3% revenue increase in Q1 2025, exceeding expectations with strong growth in data storage solutions.

In fiscal year 2025, Pure Storage's revenue by segment (products & services) are as follows: Product: $1.70 B, Service: $1.47 B.

Pure Storage net profit margin for the quarter ending April 30, 2025 was 3.93%. Pure Storage average net profit margin for 2024 was 3.52%, a 147.89% increase from 2023. Pure Storage average net profit margin for 2023 was 1.42%, a 158.92% increase from 2022. Pure Storage average net profit margin for 2022 was -2.41%, a 83.16% decline from 2021. Net profit margin can be defined as net Income as a portion of total sales revenue.

Pure Storage's annual net income per employee was $17.79 K in fiscal year 2025. The net income per employeeincreased$6.84 Kfrom $10.95 K(in 2024) to $17.79 K (in 2025), representing a 62.49% year-over-year growth.

Data center flash storage market size to reach revenues of around $24 billion by 2024, according to a new industry analysis report by Arizton. The market research provides industry analysis, market growth, dynamics, and vendors (Dell Technologies, HPE, IBM, NetApp, & Pure Storage).

The Enterprise Flash Storage market is experiencing robust growth, driven by the increasing demand for high-performance data storage solutions across various industries. The market's Compound Annual Growth Rate (CAGR) of 13.67% from 2019 to 2024 signifies a significant upward trajectory. This expansion is fueled by several key factors, including the proliferation of big data analytics, the rise of cloud computing, and the escalating need for faster data processing speeds in sectors like IT & Telecom, BFSI (Banking, Financial Services, and Insurance), and Healthcare. The shift towards all-flash arrays, offering superior performance compared to hybrid solutions, is another major driver. While the overall market size in 2025 is not specified, we can logically estimate it based on the CAGR and assuming a reasonable market size in 2024. For example, if the 2024 market size were $50 billion, a 13.67% CAGR would project a 2025 market size of approximately $56.8 billion. This growth, however, faces certain restraints such as the high initial investment costs associated with flash storage and the ongoing development of alternative storage technologies. The market is segmented by storage type (All-Flash Array and Hybrid Flash Array) and end-user industry, with IT & Telecom, BFSI, and Healthcare representing significant revenue streams. Leading vendors like IBM, NetApp, Dell, and Pure Storage are actively competing in this dynamic landscape, continually innovating to meet evolving customer needs. The future of the Enterprise Flash Storage market looks promising, with continued growth expected throughout the forecast period (2025-2033). The increasing adoption of advanced technologies like NVMe (Non-Volatile Memory Express) and the growing demand for edge computing are expected to further accelerate market expansion. However, vendors will need to navigate the challenges of maintaining a competitive edge through continuous innovation and addressing the evolving needs of diverse customer segments. The market will likely witness increased consolidation and strategic partnerships, as companies strive to capitalize on growth opportunities and establish a strong market presence. Geographic expansion, particularly in developing economies of Asia Pacific, will also play a crucial role in shaping the future landscape of this vital technology sector. This report provides a comprehensive analysis of the Enterprise Flash Storage Market, covering the period from 2019 to 2033. It leverages a robust methodology incorporating historical data (2019-2024), the base year (2025), and detailed forecasts (2025-2033) to deliver actionable insights for stakeholders. The report delves into market dynamics, competitive landscapes, and future growth potential, making it an invaluable resource for businesses navigating this rapidly evolving sector. Recent developments include: June 2022: Pure Storage Inc. announced the introduction of Evergreen/Flex. This new fleet-level Evergreen architecture extends the power of Pure's Evergreen technology to the entire Pure portfolio. Evergreen//One offers organizations an accurate consumption-based service model for storage, delivering flexibility, transparency, and simplicity along with proactive monitoring and non-disruptive upgrades while satisfying performance and usage SLAs. With Evergreen//One, Pure takes on the responsibility of delivering storage where it is required, offering on-demand storage service with the flexibility of on-premises deployment., April 2022: To address the requirements of modern applications, StorCentric, provider of a comprehensive portfolio of secure data management solutions, announced the general availability (GA) launch of the Nexsan Unity NV10000, an enterprise-class NVMe All-Flash platform engineered from the ground up with superior performance. The new NVMe data storage solution also has uniquely built-in features and functionality critical for ensuring data security, regulatory compliance, and fast recovery from ransomware attacks.. Key drivers for this market are: Evolution of Hybrid Flash Arrays and Increased Sales of All Flash Arrays, Increased Storage Capacity and Price Reduction Leading to Preference Over HDDs. Potential restraints include: , Difficulties in Designing the Composition of Adhesives. Notable trends are: IT & Telecom Sector to Hold Significant Market Share.

Get detailed Pure Storage Financial Statements 2021-2025. Find the income statements, balance sheet, cashflow, profitability, and other key ratios.

This analysis presents a rigorous exploration of financial data, incorporating a diverse range of statistical features. By providing a robust foundation, it facilitates advanced research and innovative modeling techniques within the field of finance.

Pure Storage (PSTG) Poised for Growth in the Cloud Era

Financial data:

• Historical daily stock prices (open, high, low, close, volume)

• Fundamental data (e.g., market capitalization, price to earnings P/E ratio, dividend yield, earnings per share EPS, price to earnings growth, debt-to-equity ratio, price-to-book ratio, current ratio, free cash flow, projected earnings growth, return on equity, dividend payout ratio, price to sales ratio, credit rating)

• Technical indicators (e.g., moving averages, RSI, MACD, average directional index, aroon oscillator, stochastic oscillator, on-balance volume, accumulation/distribution A/D line, parabolic SAR indicator, bollinger bands indicators, fibonacci, williams percent range, commodity channel index)

Machine learning features:

• Feature engineering based on financial data and technical indicators

• Sentiment analysis data from social media and news articles

• Macroeconomic data (e.g., GDP, unemployment rate, interest rates, consumer spending, building permits, consumer confidence, inflation, producer price index, money supply, home sales, retail sales, bond yields)

Potential Applications:

• Stock price prediction

• Portfolio optimization

• Algorithmic trading

• Market sentiment analysis

• Risk management

Use Cases:

• Researchers investigating the effectiveness of machine learning in stock market prediction

• Analysts developing quantitative trading Buy/Sell strategies

• Individuals interested in building their own stock market prediction models

• Students learning about machine learning and financial applications

Additional Notes:

• The dataset may include different levels of granularity (e.g., daily, hourly)

• Data cleaning and preprocessing are essential before model training

• Regular updates are recommended to maintain the accuracy and relevance of the data

Report Attribute/Metric	Details
Market Value in 2025	USD 21.4 billion
Revenue Forecast in 2034	USD 198 billion
Growth Rate	CAGR of 28.1% from 2025 to 2034
Base Year for Estimation	2024
Industry Revenue 2024	16.7 billion
Growth Opportunity	USD 182 billion
Historical Data	2019 - 2023
Forecast Period	2025 - 2034
Market Size Units	Market Revenue in USD billion and Industry Statistics
Market Size 2024	16.7 billion USD
Market Size 2027	35.1 billion USD
Market Size 2029	57.6 billion USD
Market Size 2030	73.8 billion USD
Market Size 2034	198 billion USD
Market Size 2035	254 billion USD
Report Coverage	Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments Covered	Application Type, Industry Vertical, Storage Capacity, Service Model
Regional Scope	North America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country Scope	U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Top 5 Major Countries and Expected CAGR Forecast	U.S., China, Japan, Germany, UK - Expected CAGR 27.0% - 39.3% (2025 - 2034)
Top 3 Emerging Countries and Expected Forecast	United Arab Emirates, Brazil, South Africa - Expected Forecast CAGR 21.1% - 29.2% (2025 - 2034)
Top 2 Opportunistic Market Segments	Manufacturing and Retail Industry Vertical
Top 2 Industry Transitions	Transition to Hybrid Storage, Increased Demand for Edge Computing
Companies Profiled	IBM Corporation, Dell Inc, NetApp Inc, Hewlett Packard Enterprise, Toshiba Corporation, Pure Storage Inc, Samsung Electronics, Hitachi Ltd, Microsoft Corporation, Amazon Web Services Inc, CISCO Systems Inc and Huawei Technologies Co. Ltd
Customization	Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value)

PC Pure Bucket Sales Market Outlook

As of 2023, the global PC Pure Bucket Sales market size is estimated to be valued at approximately USD 2.5 billion, with projections to reach around USD 4.8 billion by 2032, driven by a Compound Annual Growth Rate (CAGR) of roughly 6.8% during the forecast period. This impressive growth is fueled by increasing demand for durable and high-quality storage solutions across various sectors.

The growth of the PC Pure Bucket Sales market is largely attributed to the expanding residential and commercial construction sectors. With urbanization on the rise and housing demands increasing, there is a heightened need for efficient and long-lasting storage solutions. The versatility and durability of PC pure buckets make them a preferred choice among consumers, further boosting market growth. Additionally, advancements in material science have led to the development of more robust and cost-effective products, thereby enhancing market penetration.

Another significant growth factor is the increasing focus on sustainability and environmental regulations. PC pure buckets, particularly those made from eco-friendly materials, are witnessing heightened demand as consumers and businesses alike shift towards greener alternatives. The integration of recyclable and biodegradable materials in manufacturing processes not only aligns with environmental mandates but also appeals to the eco-conscious customer base, driving market expansion.

The industrial sector's growth also plays a pivotal role in the rising demand for PC pure buckets. Industries such as chemicals, food processing, and pharmaceuticals require reliable and durable storage solutions for handling various substances. The chemical resistance and high impact strength of PC pure buckets make them ideal for these applications, thereby contributing significantly to market growth. Furthermore, the ongoing industrialization in emerging economies is expected to create new opportunities for market players.

The Pure Water Bucket Sales market is witnessing a parallel surge in demand, driven by the increasing emphasis on water conservation and hygiene. As consumers become more conscious about the quality of water they use for daily activities, the need for reliable and contamination-free storage solutions has become paramount. Pure water buckets, designed to maintain the purity and safety of stored water, are becoming a staple in households and industries alike. Their role in ensuring safe water storage aligns with the growing global focus on health and sanitation, making them an attractive option for consumers seeking both functionality and peace of mind.

Regionally, the Asia Pacific region is anticipated to exhibit substantial growth in the PC Pure Bucket Sales market. Rapid urbanization, infrastructural development, and increasing industrial activities in countries like China and India are major contributors to this growth. Additionally, the presence of a large consumer base and the availability of raw materials at lower costs further support market development in this region. Advanced economies such as North America and Europe also contribute significantly, although at a comparatively slower growth rate, driven by early adoption and market saturation.

Product Type Analysis

The PC Pure Bucket Sales market is segmented by product type into Plastic, Metal, and Composite buckets. Plastic buckets dominate the market due to their lightweight nature, flexibility, and cost-effectiveness. The demand for plastic buckets remains high across various applications, especially in residential and commercial sectors. Innovations in plastic manufacturing, including the use of high-density polyethylene and other durable polymers, have enhanced the performance and lifespan of plastic buckets, making them a reliable choice for consumers.

Metal buckets, though not as popular as plastic, hold a significant share in the PC Pure Bucket Sales market, particularly in industrial applications. Their robustness and ability to withstand extreme conditions make them suitable for heavy-duty use. Metal buckets are often used in construction and industrial settings where durability is a primary concern. Despite being heavier and more expensive than plastic counterparts, metal buckets are valued for their long-term reliability and strength.

The composite segment is emerging as a notable player in the PC Pure Bucket Sales

Report Attribute/Metric	Details
Market Value in 2024	USD 28.7 billion
Revenue Forecast in 2033	USD 80.2 billion
Growth Rate	CAGR of 12.1% from 2024 to 2033
Base Year for Estimation	2023
Industry Revenue 2023	25.6 billion
Growth Opportunity	USD 54.6 billion
Historical Data	2018 - 2022
Forecast Period	2024 - 2033
Market Size Units	Market Revenue in USD billion and Industry Statistics
Market Size 2023	25.6 billion USD
Market Size 2026	36.1 billion USD
Market Size 2028	45.3 billion USD
Market Size 2030	56.9 billion USD
Market Size 2033	80.2 billion USD
Market Size 2035	100 billion USD
Report Coverage	Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments Covered	Type, Application, End User
Regional Scope	North America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country Scope	U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Top 5 Major Countries and Expected CAGR Forecast	U.S., Japan, Germany, China, UK - Expected CAGR 10.9% - 14.5% (2024 - 2033)
Top 3 Emerging Countries and Expected Forecast	India, Brazil, Vietnam - Expected Forecast CAGR 8.5% - 12.7% (2024 - 2033)
Top 2 Opportunistic Market Segments	Virtualization and Database Management Application
Top 2 Industry Transitions	Shift Towards Intelligent Hybrid Systems, Focus on Energy Efficiency
Companies Profiled	Dell, HPE, NetApp, Pure Storage, Hitachi Vantara, IBM, Oracle, Fujitsu, Samsung, Western Digital, VMware and Toshiba
Customization	Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value)

Pure Storage's CEO salary and other executives compensation in 2025 was as follows: Charles Giancarlo Chief Executive Officer at Pure Storage, received a total compensation of $14.05 M in 2025, Kevan Krysler Chief Financial Officer at Pure Storage, received a total compensation of $6.73 M in 2025, John Colgrove Chief Visionary Officer at Pure Storage, received a total compensation of $5.54 M in 2025, Ajay Singh Chief Products Officer at Pure Storage, received a total compensation of $4.98 M in 2025, Dan FitzSimons Chief Revenue Officer at Pure Storage, received a total compensation of $4.71 M in 2025.

According to Cognitive Market Research, The Global Fiber Channel storage area network SAN Market is Growing at a Compound Annual Growth Rate (CAGR) of 5.80% from 2023 to 2030.

The demand for Fiber Channel storage area network (SAN)s is rising due to the increasing usage of storage area network (SAN) in small enterprises and rising usage of e-commerce websites.
Demand for Multi-Mode Optical Fiber remains higher in the Fiber Channel storage area network (SAN) market.
The Telecommunications and IT category held the highest Fiber Channel storage area network (SAN) market revenue share in 2023.
North American Fiber Channel storage area network (SAN) makeup will continue to lead, whereas the Asia-Pacific Fiber Channel storage area network (SAN) market will experience the most substantial growth until 2030.

Increased Data Intensity and Storage Demands to Provide Viable Market Output

The fiber channel storage area network (SAN) market has been significantly driven by the exponential growth in data intensity across industries. With the proliferation of data-centric applications, IoT devices, and the rising adoption of advanced technologies like artificial intelligence and machine learning, organizations are grappling with unprecedented data volumes. This surge in data has led to a heightened demand for high-performance storage solutions, such as Fiber Channel SANs, which offer low-latency, high-speed data transfer capabilities, and robust scalability, positioning them as essential components in meeting the evolving storage needs of modern enterprises.

February 2019: Rackspace and Pure Storage have announced a collaboration to enhance the value of cloud with a high-speed block storage solution.

(Source:www.rackspace.com/en-in/newsroom/rackspace-and-pure-storage-collaborate-to-accelerate-value-of-cloud-through-block-storage-solution-with-ultra-fast-performance)

Rapid Digital Transformation and Cloud Integration to Propel Market Growth

The ongoing trend of digital transformation and the increasing integration of cloud computing have been pivotal drivers shaping the fiber channel storage area network (SAN) market. As organizations strive to modernize their IT infrastructures, there is a growing need for storage solutions that seamlessly integrate with cloud environments. Fiber Channel SANs, known for their reliability, security, and high-performance characteristics, play a crucial role in facilitating hybrid and multi-cloud strategies.

In June 2019, Dell EMC has revealed Midrange.next, the upcoming mid-range storage enhancement. Midrange.next, which encompasses the Unity platform, the Dell EMC SC series, and Dell's EqualLogic products, is poised to supersede Dell's mid-range storage line.

(Source:www.dell.com/en-in/blog/expanding-horizon-dell-emc-midrange-storage-customers/)

Increasing demand by companies for increasing storage efficiency and maximizing overall performance will propel market growth 

Market Dynamics of Fiber Channel storage area network SAN

Budgetary Constraints and Cost Sensitivity to Restrict Market Growth

One of the prominent challenges influencing the fiber channel storage area network (SAN) market revolves around budgetary constraints and heightened cost sensitivity among enterprises. The comprehensive nature of fiber channel SAN solutions involves substantial initial investments in hardware, software, and infrastructure. In an era where businesses carefully navigate economic uncertainties and prioritize their IT spending, these upfront costs can act as a significant deterrent.

Impact of COVID–19 on the Fiber Channel storage area network SAN Market

The COVID-19 pandemic significantly impacted the fiber channel SAN (Storage Area Network) market, bringing about a complex set of challenges and opportunities. On one hand, the increased reliance on remote work and digital transformation initiatives drove a surge in demand for data storage and management solutions, potentially benefiting the Fiber Channel SAN market. However, the pandemic also disrupted supply chains, delayed IT infrastructure projects, and strained budgets for many organizations, leading to a temporary slowdown in new SAN deployments. Introduction of Fiber Channel storage area network SAN

Fiber Channel SAN is a fast, dedicated network that connects and provides shared storage devices to multiple servers. It uses fiber cables, c...

Report Attribute/Metric	Details
Market Value in 2024	USD 13.4 billion
Revenue Forecast in 2033	USD 34.7 billion
Growth Rate	CAGR of 11.1% from 2024 to 2033
Base Year for Estimation	2023
Industry Revenue 2023	12.1 billion
Growth Opportunity	USD 22.6 billion
Historical Data	2018 - 2022
Forecast Period	2024 - 2033
Market Size Units	Market Revenue in USD billion and Industry Statistics
Market Size 2023	12.1 billion USD
Market Size 2026	16.6 billion USD
Market Size 2028	20.5 billion USD
Market Size 2030	25.3 billion USD
Market Size 2033	34.7 billion USD
Market Size 2035	42.8 billion USD
Report Coverage	Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments Covered	Type, Application, End User
Regional Scope	North America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country Scope	U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Top 5 Major Countries and Expected CAGR Forecast	U.S., China, Germany, Japan, South Korea - Expected CAGR 8.1% - 11.7% (2024 - 2033)
Top 3 Emerging Countries and Expected Forecast	India, Brazil, Vietnam - Expected Forecast CAGR 10.7% - 13.9% (2024 - 2033)
Top 2 Opportunistic Market Segments	Cloud Providers and Enterprises Application
Top 2 Industry Transitions	Shift Towards NVMe-Based Storage, Adoption of Software-Defined Storage
Companies Profiled	Dell Technologies, NetApp, Pure Storage, HPE, IBM, Hitachi Vantara, Western Digital, Seagate, Lenovo, Fujitsu, Synology and QNAP
Customization	Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value)

The market was valued at USD 105,900 million in 2025 and is forecasted to reach USD 668,500 million by 2035, reflecting a compound annual growth rate (CAGR) of 17.8% over the forecast period. Many reasons add to the market development of flash-based arrays market.

Metric	Value
Market Size (2025E)	USD 105,900 million
Market Value (2035F)	USD 668,500 million
CAGR (2025 to 2035)	17.8%

Country-wise Outlook

Country	CAGR (2025 to 2035)
USA	17.5%

Country	CAGR (2025 to 2035)
UK	17.0%

Region	CAGR (2025 to 2035)
European Union	17.2%

Country	CAGR (2025 to 2035)
Japan	17.3%

Country	CAGR (2025 to 2035)
South Korea	17.6%

Competitive Outlook

Company Name	Estimated Market Share (%)
Dell Technologies	20-25%
NetApp	15-20%
Hewlett Packard Enterprise (HPE)	12-16%
Pure Storage	10-14%
Other Companies (Combined)	30-40%