Pure Storage, a leader in data storage, has announced its financial results for the second quarter of fiscal year 2026 ended August 3, 2025. The figures show strong growth, underscoring the growing demand for the company’s data management solutions.
The data storage leader is outperforming expectations and raising its annual forecast, thanks to the strong adoption of its platform strategy. Total revenue rose 13 percent year-over-year to $861 million.
Subscription services revenue $414.7 million, up 15% year-over-year. Subscription annual recurring revenue (ARR) reached $1.8 billion, an 18% increase from the previous year.
Non-GAAP operating profit was $130 million, with a margin of 15.1%. The Californian tech company company generated healthy free cash flow of $150.1 million.
Charles Giancarlo, CEO and Chairman of Pure Storage, says the strong results demonstrate customer confidence in Pure Storage’s platform. He states, “Today, enterprise applications are stuck in inflexible legacy systems that lock data in silos. With Purity and Pure Fusion, customers virtualize their storage to create their own Enterprise Data Cloud to unlock their data for business value.”
Thanks to the positive quarterly performance, Pure Storage is raising its guidance for the full fiscal year 2026. The company now expects revenue of $3.6 billion to $3.63 billion, representing annual growth of 13.5% to 14.5%. The non-GAAP operating profit forecast is also being raised to $605 million to $625 million.
