Pure Storage, Inc.
PSTGQ1 2025(PSTG Q4 FY2025)Estimated8% AI
AI Revenue %
8%
AI Fair Value
$844.1M
AI Revenue (Q)
$77.2M
Total Revenue (Q)
$964.5M
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
10-K for FY2025 reveals the hyperscaler design win is Meta. Strategic growth pillar explicitly: 'Grow the AI storage opportunity.' FlashBlade//EXA introduced for demanding GPU clouds and HPC. 150TB DirectFlash Module released, 300TB planned for late 2025. Full year FY2025 revenue: approximately $3.08B (inferred from Q3 YTD $2.288B + Q4 ~$793M). AI is now deeply embedded in strategy but the Meta hyperscaler revenue has not yet begun (design win announced Dec 2024, production shipments expected later). Estimate: 8% reflecting growing enterprise AI deployments and pre-revenue positioning for hyperscaler opportunity.
Analyzed by claude-opus-4-6
Quoted Figures
In December 2024, we announced an industry-first design win with Meta to provide flash for its storage infrastructure.
10-K, FY2025, Item 1 Business
FlashBlade//EXA, the industry's most powerful storage platform, to empower the most demanding specialty GPU clouds and high performance computing (HPC) environments
10-K, FY2025, Item 1 Business
we released our 150 terabyte (TB) DirectFlash Module (DFM), marking a five-fold increase in capacity over standard hard drives
10-K, FY2025, Item 1 Business
AI Products Identified (Ring 1)
FlashBlade//EXA (GPU clouds and HPC)FlashBlade//S500 (NVIDIA DGX SuperPOD)AIRI (AI-Ready Infrastructure)Evergreen//One for AIDirectFlash (Meta design win)
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)Portworx (container data services)Pure Fusion (cloud architecture)
Confidence Tier
EstimatedNo direct AI revenue disclosure — estimated from product mix