Q4 26 EPS
$0.69
BEAT +7.81%
Est. $0.64
Q4 26 Revenue
$1.06B
BEAT +2.58%
Est. $1.03B
vs S&P Since Q4 26
-9.5%
TRAILING MARKET
PSTG -3.1% vs S&P +6.4%
Full Year 2026 Results
FY 26 Revenue
$3.66B
BEAT +0.73%
Est. $3.64B
Market Reaction
Did PSTG Beat Earnings? Q4 2026 Results
Everpure, the company formerly known as Pure Storage, capped a landmark quarter by crossing the $1 billion revenue threshold for the first time, reporting Q4 FY2026 revenue of $1.06 billion, up 20.4% year-over-year and ahead of the $1.03 billion cons… Read more Everpure, the company formerly known as Pure Storage, capped a landmark quarter by crossing the $1 billion revenue threshold for the first time, reporting Q4 FY2026 revenue of $1.06 billion, up 20.4% year-over-year and ahead of the $1.03 billion consensus by 2.58%. Non-GAAP diluted EPS came in at $0.69, beating the $0.64 estimate by 7.81%, as non-GAAP operating income surged to $225.69 million from $153.09 million a year earlier, expanding operating margins to 21.3%. The primary engine behind the outperformance was robust demand across Enterprise and Hyperscaler sectors, with subscription ARR climbing 16% to $1.90 billion and remaining performance obligations rising over 40% to $3.70 billion, signaling durable future revenue. The quarter coincided with the company's strategic rebranding and introduction of its Enterprise Data Cloud architecture, moves that drew mixed investor reaction despite strong fundamentals, with some watching the broader storage sector closely. Looking ahead, management guided full-year FY27 revenue of $4.30 billion to $4.40 billion, representing 17% to 20% growth.
Key Takeaways
- • First billion-dollar revenue quarter driven by 20% YoY growth
- • Subscription ARR of $1.9B up 16% YoY
- • RPO growth of over 40% YoY to $3.7B
- • Non-GAAP operating margin expansion to 21.3% from 17.4% YoY
- • Strong demand across Enterprise and Hyperscaler sectors
PSTG YoY Financials
Q4 2026 vs Q4 2025, source: SEC Filings
PSTG Revenue by Segment
With YoY comparisons, source: SEC Filings
“Everpure delivered an outstanding fourth quarter, achieving our first billion-dollar revenue quarter and capping off a strong fiscal year.”
— Charles Giancarlo, Q4 2026 Earnings Press Release
PSTG Earnings Trends
PSTG vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
PSTG EPS Trend
Earnings per share: estimate vs actual
PSTG Revenue Trend
Quarterly revenue: estimate vs actual
PSTG Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 27 BEAT | $0.40 | $0.47 | +18.87% | $1.05B | +4.85% |
| Q4 26 BEAT FY | $0.64 | $0.69 | +7.81% | $1.06B | +2.58% |
| FY Full Year | $1.94 | — | — | $3.66B | +0.73% |
| Q3 26 BEAT | $0.58 | $0.58 | +0.00% | $964.5M | +0.83% |
| Q2 26 BEAT | $0.39 | $0.43 | +10.26% | $861.0M | +1.72% |
| Q1 26 BEAT | $0.25 | $0.29 | +16.00% | $778.5M | +1.06% |