Pure Storage(US:PSTG) ZACKS·2025-12-03 00:31Core Insights - Pure Storage (PSTG) reported revenue of $964.45 million for the quarter ended October 2025, marking a year-over-year increase of 16.1% and a surprise of +0.66% over the Zacks Consensus Estimate of $958.14 million [1] - The company's EPS for the same period was $0.58, compared to $0.50 a year ago, although it fell short of the consensus EPS estimate of $0.59 by -1.69% [1] Financial Performance Metrics - Subscription Annual Recurring Revenue (ARR) was reported at $1.8 billion, slightly below the average estimate of $1.88 billion based on two analysts [4] - Remaining Performance Obligations (RPO) stood at $2.9 billion, exceeding the average estimate of $2.82 billion based on two analysts [4] - Revenue from products reached $534.76 million, surpassing the average estimate of $510.23 million based on nine analysts, reflecting a year-over-year change of +17.6% [4] - Revenue from subscription services was $429.69 million, below the average estimate of $447.07 million based on nine analysts, with a year-over-year increase of +14.2% [4] - Non-GAAP Gross profit from subscription services was $324.53 million, compared to the average estimate of $342.56 million based on nine analysts [4] - Non-GAAP Gross profit from products was $389.7 million, exceeding the average estimate of $343.76 million based on nine analysts [4] Stock Performance - Shares of Pure Storage have returned -10.2% over the past month, contrasting with the Zacks S&P 500 composite's -0.2% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]