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Pure Storage (PSTG) Operating Expenses (2016 - 2025)

Pure Storage (PSTG) has disclosed Operating Expenses for 12 consecutive years, with $643.5 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 22.98% year-over-year to $643.5 million, compared with a TTM value of $2.4 billion through Nov 2025, up 13.16%, and an annual FY2025 reading of $2.1 billion, up 8.12% over the prior year.
  • Operating Expenses was $643.5 million for Q4 2025 at Pure Storage, up from $599.5 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $643.5 million in Q4 2025 and bottomed at $358.0 million in Q2 2021.
  • Average Operating Expenses over 5 years is $483.9 million, with a median of $489.0 million recorded in 2023.
  • The sharpest move saw Operating Expenses grew 2.9% in 2024, then grew 22.98% in 2025.
  • Year by year, Operating Expenses stood at $392.9 million in 2021, then increased by 16.37% to $457.2 million in 2022, then grew by 4.67% to $478.5 million in 2023, then increased by 9.34% to $523.2 million in 2024, then grew by 22.98% to $643.5 million in 2025.
  • Business Quant data shows Operating Expenses for PSTG at $643.5 million in Q4 2025, $599.5 million in Q3 2025, and $567.3 million in Q2 2025.