--- description: Pure Storage reported its fourth quarter earnings and full fiscal year for 2018 that ended on January 31, 2018. The company is claiming yet another record... title: Pure Storage Reports 4Q18 & FY18 Earnings image: https://www.storagereview.com/wp-content/uploads/2014/05/purestorage1.jpg --- [![Storage Review]()](https://storagereview.com/) --- [Facebook](https://www.facebook.com/@storagereview) [X (Twitter)](https://twitter.twitter.com/storagereview) [Instagram](https://www.instagram.com/storagereview/) [LinkedIn](https://www.linkedin.com/company/storagereview-com) [YouTube](https://www.youtube.com/user/storagereview?sub_confirmation=1) [Email](mailto:info@storagereview.com) [Spotify](https://open.spotify.com/show/1y6VnznABhHeOSMOmbDTz0) [Reddit](https://www.reddit.com/r/StorageReview/) [Discord](https://discord.gg/TwMHb4azdC) [RSS Feed](https://www.storagereview.com/rss.xml) [TikTok](https://www.tiktok.com/@storagereview) [Facebook](https://www.facebook.com/@storagereview) [X (Twitter)](https://twitter.com/storagereview) [Instagram](https://www.instagram.com/storagereview/) [LinkedIn](https://www.linkedin.com/company/storagereview-com) [YouTube](https://www.youtube.com/user/storagereview?sub_confirmation=1) [Email](mailto:info@storagereview.com) [Spotify](https://open.spotify.com/show/1y6VnznABhHeOSMOmbDTz0) [Reddit](https://www.reddit.com/r/StorageReview/) [Discord](https://discord.gg/TwMHb4azdC) [RSS Feed](https://www.storagereview.com/rss.xml) [TikTok](https://www.tiktok.com/@storagereview) [![StorageReview.com](https://www.storagereview.com/wp-content/uploads/2026/07/Storage-Review-2x.png)](https://www.storagereview.com) ≡ Menu - [Home](https://www.storagereview.com/) - [Storage Reviews](https://www.storagereview.com/review) - [End User Reviews](https://www.storagereview.com/consumer) - [Enterprise Reviews](https://www.storagereview.com/enterprise) - [Ubiquiti Reviews](https://www.storagereview.com/best/ubiquiti-reviews) - [SR Merch](https://store.storagereview.com) - [Leaderboards](https://www.storagereview.com/best) - [Best Storage Arrays](https://www.storagereview.com/best/storage-arrays) - [Best Enterprise SSDs](https://www.storagereview.com/best/enterprise-ssds) - [Best Servers](https://www.storagereview.com/best/servers) - [Best Enterprise GPUs](https://www.storagereview.com/best/enterprise-gpus) - [Best Desktops for Local AI](https://www.storagereview.com/best/desktops-local-ai) - [Best Laptops for Local AI](https://www.storagereview.com/best/laptops-local-ai) - [Best Local LLM Tools](https://www.storagereview.com/best/local-llm-tools) - [Agentic AI Hardware](https://www.storagereview.com/best/agentic-ai-hardware) - [Best SSDs & Hard Drives](https://www.storagereview.com/best_drives) - [Best Portable SSDs](https://www.storagereview.com/best/portable-ssds) - [Best Business Laptops](https://www.storagereview.com/best/business-laptops) - [Best Mobile Workstations](https://www.storagereview.com/best/mobile-workstations) - [Best Desktop Workstations](https://www.storagereview.com/best/desktop-workstations) - [Best Mini PCs](https://www.storagereview.com/best/mini-pcs) - [Best Laptop Battery Life](https://www.storagereview.com/best/laptop-battery-life) - [Storage Reference Guide](https://www.storagereview.com/storage-reference-guide) - [About SR](https://www.storagereview.com/about-storagereview) - [StorageReview.com Sweepstakes Rules and Regulations](https://www.storagereview.com/storagereview-com-sweepstakes-rules-and-regulations) Search [Home](https://www.storagereview.com/) » [News](https://www.storagereview.com/news) » Pure Storage Reports 4Q18 & FY18 Earnings # Pure Storage Reports 4Q18 & FY18 Earnings by Adam Armstrong on March 2, 2018 [Enterprise](https://www.storagereview.com/enterprise)  ◇  [Enterprise Storage](https://www.storagereview.com/enterprise/enterprise-storage) Pure Storage reported its fourth quarter earnings and full fiscal year for 2018 that ended on January 31, 2018. The company is claiming yet another record quarter and over $1 billion in revenue for the year. Pure’s stock has continued a fairly steady climb over the last quarter. ![](https://www.storagereview.com/wp-content/uploads/2018/03/StorageReview-PureStorage-4Q18.jpg) The numbers for the quarter show revenue of $338.3 million up a whopping 48% from this time last year and up form $278 million of last quarter. Gross margin was 65.1% GAAP and 66.2% non-GAAP. The company reported a net loss of $11.9 million (GAAP) and a $31.8 net income non-GAAP. This is significantly higher than this time last year with a GAAP net loss of $42.9 million and a non-GAAP net loss of $4.8 million. For diluted earing per share this comes out to $0.05 loss on GAAP and $0.13 non-GAAP income. Pure reported an operating cash flow of $59 million and free cash flow of $38.3 million. For the fiscal year, Pure is reporting revenue of $1.023 billion, a 41% increase form the previous year. Pure is reporting a net los for the year of $173.7 million, improve from last year’s $245.1 million net loss. Cash and cash equivalents at the end of the period were reported as $183.7 million. Pure Storage also reported that it has added roughly 500 customers over the last period, bringing its total to 4,500. They now have over 2,100 employees as well. It was also their first profitable quarter (on a non-GAAP basis). Next quarter the company is expecting revenue in the range of $246 million to $254 million; Non-GAAP gross margin in the range of 63.5% to 66.5%; and Non-GAAP operating margin in the range of -13.0% to -9.0%. For the 2019 fiscal year, Pure is expecting revenue between $1.310 billion and $1.360 billion; Non-GAAP gross margin in the range of 63.5% to 66.5%; and Non-GAAP operating margin in the range of 0% to 4%. [Pure Storage Investor site](http://investor.purestorage.com) [Discuss this story](http://forums.storagereview.com/index.php?/topic/40464-pure-storage-reports-4q18-fy18-earnings/) [Sign up for the StorageReview newsletter](https://www.storagereview.com/storagereview_newsletter_signup) **Engage with StorageReview** [Newsletter](https://www.storagereview.com/storage_newsletter) |  [YouTube](https://www.youtube.com/user/StorageReview "Opens in a new window") | Podcast  [iTunes](https://podcasts.apple.com/gb/podcast/storagereview-com-storage-reviews/id1060681115 "Opens in a new window")/ [Spotify](https://open.spotify.com/show/1y6VnznABhHeOSMOmbDTz0 "Opens in a new window") |  [Instagram](https://www.instagram.com/storagereview/ "Opens in a new window") |  [Twitter](https://twitter.com/storagereview "Opens in a new window") |  [TikTok](https://www.tiktok.com/@storagereview? "Opens in a new window") |  [RSS Feed](https://www.storagereview.com/rss.xml) ![]() ### Adam Armstrong Adam is the chief news editor for StorageReview.com, managing our internal and freelance content teams. Previous post: [Nutanix Reports 2Q18 Earnings](https://www.storagereview.com/news/nutanix-reports-2q18-earnings) Next post: [VMware Reports 4Q18 & FY18 Earnings](https://www.storagereview.com/news/vmware-reports-4q18-fy18-earnings) Trusted Vendors Products and solutions from our affiliate partners: - [ ![Ubiquiti Logo](https://www.storagereview.com/wp-content/uploads/2024/11/2-1.webp) Ubiquiti ](https://store.ui.com/us/en?a_aid=StorageReview "Opens in a new window") - [ ![Newegg Logo](https://www.storagereview.com/wp-content/uploads/2025/11/newegg.webp) Newegg ](https://click.linksynergy.com/fs-bin/click?id=g5terNMDhz0&offerid=1207190.18&subid=0&type=4 "Opens in a new window") - [ ![Amazon Logo](https://www.storagereview.com/wp-content/uploads/2025/11/amazon.webp) Amazon ](https://amzn.to/4fLJUEW "Opens in a new window") Newsletter Subscribe to the StorageReview newsletter to stay up to date on the latest news and reviews. We promise no spam! 1 Leave this field empty if you’re human: ## Advertisement Content Categories [Facebook](https://www.facebook.com/@storagereview) [X](https://twitter.com/storagereview) [Instagram](https://www.instagram.com/storagereview/) [LinkedIn](https://www.linkedin.com/company/storagereview-com) [YouTube](https://www.youtube.com/user/storagereview?sub_confirmation=1) [Email](mailto:info@storagereview.com) [Spotify](https://open.spotify.com/show/1y6VnznABhHeOSMOmbDTz0) [Reddit](https://www.reddit.com/r/StorageReview/) [Discord](https://discord.gg/TwMHb4azdC) [RSS](https://www.storagereview.com/rss.xml) [TikTok](https://www.tiktok.com/@storagereview) Copyright © 1998-2025 Flying Pig Ventures, LLC Cincinnati, Ohio. All rights reserved. Manage your privacy To provide the best experiences, we and our partners use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us and our partners to process personal data such as browsing behavior or unique IDs on this site and show (non-) personalized ads. Not consenting or withdrawing consent, may adversely affect certain features and functions. Click below to consent to the above or make granular choices. Your choices will be applied to this site only. You can change your settings at any time, including withdrawing your consent, by using the toggles on the Cookie Policy, or by clicking on the manage consent button at the bottom of the screen. Functional Functional Always active The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Preferences Preferences The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Statistics Statistics The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. Marketing Marketing The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Statistics Marketing Features Always active Special features Special purposes Always active - Manage options - Manage services - Manage {vendor\_count} vendors - [Read more about these purposes](https://cookiedatabase.org/tcf/purposes/) Accept Deny Manage options Save preferences Manage options - {title} - {title} - {title} Manage your privacy To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behavior or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions. Functional Functional Always active The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network. Preferences Preferences The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user. Statistics Statistics The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you. Marketing Marketing The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Statistics Marketing Features Always active Special features Special purposes Always active - Manage options - Manage services - Manage {vendor\_count} vendors - [Read more about these purposes](https://cookiedatabase.org/tcf/purposes/) Accept Deny Manage options Save preferences Manage options - {title} - {title} - {title} Manage consent Manage consent ```json {"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.storagereview.com\/news\/pure-storage-reports-4q18-fy18-earnings","url":"https:\/\/www.storagereview.com\/news\/pure-storage-reports-4q18-fy18-earnings","name":"Pure Storage Reports 4Q18 & FY18 Earnings - StorageReview.com","isPartOf":{"@id":"https:\/\/www.storagereview.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.storagereview.com\/news\/pure-storage-reports-4q18-fy18-earnings#primaryimage"},"image":{"@id":"https:\/\/www.storagereview.com\/news\/pure-storage-reports-4q18-fy18-earnings#primaryimage"},"thumbnailUrl":"https:\/\/www.storagereview.com\/wp-content\/uploads\/2014\/05\/purestorage1.jpg","datePublished":"2018-03-02T17:58:50+00:00","breadcrumb":{"@id":"https:\/\/www.storagereview.com\/news\/pure-storage-reports-4q18-fy18-earnings#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.storagereview.com\/news\/pure-storage-reports-4q18-fy18-earnings"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.storagereview.com\/news\/pure-storage-reports-4q18-fy18-earnings#primaryimage","url":"https:\/\/www.storagereview.com\/wp-content\/uploads\/2014\/05\/purestorage1.jpg","contentUrl":"https:\/\/www.storagereview.com\/wp-content\/uploads\/2014\/05\/purestorage1.jpg","width":100,"height":62},{"@type":"BreadcrumbList","@id":"https:\/\/www.storagereview.com\/news\/pure-storage-reports-4q18-fy18-earnings#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.storagereview.com\/"},{"@type":"ListItem","position":2,"name":"News","item":"https:\/\/www.storagereview.com\/news"},{"@type":"ListItem","position":3,"name":"Pure Storage Reports 4Q18 & FY18 Earnings"}]},{"@type":"WebSite","@id":"https:\/\/www.storagereview.com\/#website","url":"https:\/\/www.storagereview.com\/","name":"StorageReview.com","description":"StorageReview.com is a leading provider of news and reviews throughout the entire IT stack - from the datacenter to the edge, and all points in between.","publisher":{"@id":"https:\/\/www.storagereview.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.storagereview.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.storagereview.com\/#organization","name":"StorageReview.com","url":"https:\/\/www.storagereview.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.storagereview.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.storagereview.com\/wp-content\/uploads\/2020\/02\/Storage-Reviews-2-2.png","contentUrl":"https:\/\/www.storagereview.com\/wp-content\/uploads\/2020\/02\/Storage-Reviews-2-2.png","width":344,"height":61,"caption":"StorageReview.com"},"image":{"@id":"https:\/\/www.storagereview.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/storagereview","http:\/\/youtube.com\/user\/storagereview"]}]} ```