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Pure Storage (PSTG) Cost of Revenue (2016 - 2026)

Pure Storage (PSTG) has disclosed Cost of Revenue for 11 consecutive years, with $323.0 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 26.27% year-over-year to $323.0 million, compared with a TTM value of $1.1 billion through Nov 2025, up 20.68%, and an annual FY2025 reading of $1.0 billion, up 26.13% over the prior year.
  • Cost of Revenue was $323.0 million for Q4 2025 at Pure Storage, up from $256.7 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $342.6 million in Q1 2021 and bottomed at $130.8 million in Q2 2021.
  • Average Cost of Revenue over 5 years is $236.9 million, with a median of $232.2 million recorded in 2022.
  • Peak annual rise in Cost of Revenue hit 48.26% in 2022, while the deepest fall reached 32.3% in 2022.
  • Year by year, Cost of Revenue stood at $187.9 million in 2021, then rose by 11.58% to $209.7 million in 2022, then rose by 10.49% to $231.7 million in 2023, then grew by 10.41% to $255.8 million in 2024, then rose by 26.27% to $323.0 million in 2025.
  • Business Quant data shows Cost of Revenue for PSTG at $323.0 million in Q4 2025, $256.7 million in Q3 2025, and $278.5 million in Q2 2025.