Company / R&D Expense
Pure Storage R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$963.3M
FY2025
5-year range
$581.9M / $963.3M
FY2021-FY2025
Trend
+19.8%
vs FY2024
Sector context
#40 of 253
Information Technology
What the data says
Pure Storage's r&d expense of $963M is higher than 84% of companies in the Information Technology sector (FY2025). R&D Expense has increased for 9 consecutive years, from $246M in FY2016 to $963M in FY2025.
Based on SEC 10-K filings.
$963M in FY2025 with a 5-year CAGR of +14.9%. Top quartile in the Information Technology sector.
Improved from $737M to $963M over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +11.6%
- 5-Year CAGR
- +14.9%
- 10-Year CAGR
- -
Sector benchmark
-5.6% below sector average
Key checks
Key Insights
- Pure Storage's r&d expense has grown for 9 consecutive years.
- 5-year CAGR of +14.9%, indicating consistent growth.
- In FY2025, r&d expense increased 19.8% year-over-year.
- Ranks #40 out of 253 companies in the Information Technology sector.
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 | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $963.3M | +19.8% |
| FY2024 | $804.4M | +9.2% |
| FY2023 | $736.8M | +6.4% |
| FY2022 | $692.5M | +19.0% |
| FY2021 | $581.9M | +21.1% |
| FY2020 | $480.5M | +10.8% |
| FY2019 | $433.7M | +23.9% |
| FY2018 | $349.9M | +25.3% |
| FY2017 | $279.2M | +13.6% |
| FY2016 | $245.8M | +47.5% |
As of FY2025 · SEC 10-K · Updated Mar 28, 2026