Pure Storage reported third quarter fiscal year 2025 revenue of $831.072 million, marking a 9% year-over-year increase, and non-GAAP operating profit of $167 million. The company exceeded its revenue and operating income guidance for the quarter.
A pivotal announcement was an industry-first design win with a top-four hyperscaler for its DirectFlash technology, which CEO Charles Giancarlo stated is a vanguard for flash storage becoming the standard for all hyperscaler online storage. This market segment is responsible for 60-70% of all hard disk drives purchased globally.
For the fourth quarter of fiscal 2025, Pure Storage provided guidance expecting revenue of $867 million, representing 9.7% year-over-year growth, and non-GAAP operating income of $135 million, with a 15.6% margin. The company also raised its full-year fiscal 2025 revenue guidance to $3.15 billion, an 11.5% year-over-year increase, and non-GAAP operating income to $540 million, with a 17% margin.
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