Pure Storage raised full fiscal year 2026 revenue guidance to be in the range of $3.6 billion to $3.63 billion. Company added 235 new customers during the quarter, bringing its penetration of the Fortune 500 to 62%.

Pure storages latest big bet - from flash pioneer to enterprise data trust broker. Pures strategy is about becoming the trust layer for enterprise data. By controlling data validation and governance at the infrastructure layer, Pure gains influence. Nutanix and Pure Storage announce partnership for integrated virtual workload management solution. Partnership aims to provide an integrated solution for deploying and managing virtual workloads on scalable infrastructure. Pure Storage raised its full fiscal year 2026 revenue guidance to be in the range of $3.6 billion to $3.63 billion. Pure Storage kicked off its 2026 fiscal year with results that underscore shift away from traditional capital expenditure models and toward flexible, subscription-based consumption. Pure Storages storage-as-a-service sales surge 70% as enterprises embrace ai-driven subscription model. Pure Storage is moving from a storage vendor to a platform provider, which appears to be gaining traction with enterprise buyers. The company added 235 new customers during the quarter, bringing its penetration of the Fortune 500 to 62%. Nutanix now integrates with Pure Storage FlashArray and Dells PowerFlex storage platforms. Organizations with existing storage investments can now deploy Nutnix without replacing functional infrastructure, reducing cost and implementation complexity. Pure Storage (PSTG) remains a Hold due to underwhelming profitability and expensive valuation despite AI-driven revenue. Stockbuilding is set to remain a key market stabilizer in 2026, with China potentially adding up to 170 million barrels to storage. December stockpiling estimated at 2.67 million bpd—the fastest pace since 2020.