Gross Retention excludes expansion - it shows pure churn / contraction loss. The gap between NRR and GRR is the expansion lift.
Peak NRR of 117.0% in FY-2025. Latest is 113.0% - that's -4.0pp from peak.
Pure Storage is below the AI Infrastructure Public median by -6.0pp (cell median: 119%)
Pure Storage (PSTG) is a ai infrastructure company at the public stage. As of its most recent disclosure (FY-2026), Pure Storage reported a Net Revenue Retention rate of 113.0% - a mid-pack result for B2B SaaS at this segment.
Pure Storage's NRR peaked at 117.0% in FY-2025, 4pp above today's level. The most recent quarter lost 4.0pp QoQ.
Within its peer set (ai infrastructure companies at public stage in the $500k+ acv band), Pure Storage's NRR is below the cell median of 119%. Compare against the full peer cell aggregate for distribution and top performers.
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