Company / Gross Margin
Pure Storage Gross Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
70.4%
FY2025
5-year range
67.5% / 71.4%
FY2021-FY2025
Trend
+0.8%
vs FY2024
Sector context
#66 of 212
Information Technology
What the data says
At 70.4%, Pure Storage's gross margin ranks #66 of 212 in the Information Technology sector. Gross Margin remained relatively stable over the past 10 years, with values between 65.5% and 71.4%.
Based on SEC 10-K filings.
70.4% in FY2025 with a 5-year CAGR of +2.2%.
Remained stable around 70.4% over the past 2 years.
Information Technology sector context is included.
Gross Margin over time
Growth rates
- 3-Year Change
- +1.5pp
- 5-Year Change
- +2.2pp
- 10-Year Change
- -
Sector benchmark
#66 of 212 in Information TechnologyTop 31% of 212This company 70.4% Sector average 53.5%
▼
+31.5% above sector average
Key checks
Key Insights
- In FY2025, gross margin increased 0.8% year-over-year.
- Currently 16.9pp above the Information Technology sector average.
- Peak gross margin was recorded in FY2023.
- Lowest gross margin in the period was in FY2017.
Company context
Key Data Points
- Altman Z-Score 1.01 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 70.4% | +0.8% |
| FY2024 | 69.8% | -2.2% |
| FY2023 | 71.4% | +3.6% |
| FY2022 | 68.9% | +2.1% |
| FY2021 | 67.5% | -1.0% |
| FY2020 | 68.2% | -1.1% |
| FY2019 | 69.0% | +3.9% |
| FY2018 | 66.3% | +1.3% |
| FY2017 | 65.5% | -0.6% |
| FY2016 | 65.9% | +6.5% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026