In Q3 FY2026, the Pure Storage juggernaut delivers another solid financial quarter
Once again, Pure Storage, Inc. delivered a solid quarter of increased revenue and margin growth. For the period Q3 FY2026, ending 2nd November 2025, revenue rose 16.0% to $964.5 million, with a 72.3% gross margin. Is there a limit to which this growth can be sustained?
Background
Pure Storage, Inc. declared financial data for the third quarter of FY2026 (the period ended 2nd November 2025) on 2nd December 2025. Revenue rose 16% year-on-year to $964.5 million, with a profit before tax of $65.7 million. Gross margin was 72.3%, the second highest on record (72.5% in Q3 FY2024), while total operating expenses declined slightly to 67% of revenue. We present the financial data in four graphs shown in the gallery below.