Pure Storage, Inc.
PSTGQ4 2023(PSTG Q3 FY2024)Estimated3% AI
AI Revenue %
3%
AI Fair Value
$265.2M
AI Revenue (Q)
$22.9M
Total Revenue (Q)
$763.8M
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.govAnalysis
Continued AI positioning with same language. New product: Paid Power and Rack Space Commitment via Evergreen//One. FlashArray//E launched. Still no AI revenue quantification. No new AI-specific product launches this quarter. Revenue up to $763M. Maintaining 3% estimate as AI storage demand is growing but no acceleration signal specific to this quarter.
Analyzed by claude-opus-4-6
Quoted Figures
Product $453,277; Subscription services $309,561; Total revenue $762,838
10-Q, Q3 FY2024, Condensed Consolidated Statements of Operations
our ability to continue capturing storage workloads for AI environments
10-Q, Q3 FY2024, Forward-Looking Statements
AI Products Identified (Ring 1)
FlashBlade (AI training data pipelines)
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
FlashArray (general enterprise storage)FlashArray//E (secondary storage)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix