How did Pure Storage's revenue and expenses trend in Q4 2025?

Pure Storage's revenue and expenses in Q4 2025 showed a positive trend with strong financial performance:

1. **Revenue Growth**: The company's revenue for Q4 2025 was $879.8 million, representing an 11% year-over-year growth. This growth was driven by sales of key products such as FlashBlade, FlashArray//XL, Portworx, and the //E family, as well as strong renewals of Evergreen subscriptions.
2. **Subscription Services Growth**: Pure Storage's subscription services revenue increased by 17% year-over-year to $385.1 million in Q4 2025. The full-year subscription services revenue grew by 22% year-over-year to $1.5 billion.
3. **Profitability**: The company reported a GAAP operating income of $42.5 million and a non-GAAP operating income of $153.1 million in Q4 2025. This reflects strong profitability and operational efficiency.
4. **Cash Flow**: Pure Storage's operating cash flow for the quarter was $208 million, and the free cash flow was $151.9 million. The full-year operating cash flow was $753.1 million, and the free cash flow was $526.4 million.
5. **Margins**: The GAAP gross margin for Q4 2025 was 67.5%, and the non-GAAP gross margin was 69.2%. The full-year GAAP gross margin was 69.8%, and the non-GAAP gross margin was 71.8%.

Overall, Pure Storage demonstrated robust growth in revenue and profitability in Q4 2025, driven by strong product sales and subscription renewals. The company's cash flow and margin figures indicate efficient operations and a solid financial foundation.