Pure Storage's Operating Expenses rose 2297.71% to $643.5 million in Q4 2025 from the same period last year, while for Nov 2025 it was $2.4 billion, marking a year-over-year increase of 1316.42%. This contributed to the annual value of $2.1 billion for FY2025, which is 812.2% up from last year.
As of Q4 2025, Pure Storage's Operating Expenses stood at $643.5 million, which was up 2297.71% from $599.5 million recorded in Q3 2025.
In the past 5 years, Pure Storage's Operating Expenses registered a high of $643.5 million during Q4 2025, and its lowest value of $358.0 million during Q2 2021.
Over the past 5 years, Pure Storage's median Operating Expenses value was $489.0 million (recorded in 2023), while the average stood at $483.9 million.
As far as peak fluctuations go, Pure Storage's Operating Expenses skyrocketed by 289.67% in 2024, and later skyrocketed by 2297.71% in 2025.
Quarter analysis of 5 years shows Pure Storage's 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.
Its Operating Expenses was $643.5 million in Q4 2025, compared to $599.5 million in Q3 2025 and $567.3 million in Q2 2025.

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