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Pure Storage NRR

Net Revenue Retention history for Pure Storage (PSTG) - AI Infrastructure, Public stage. Sourced from SEC filings and earnings releases.

Latest NRR · FY-2026
113%
All-time peak
117%
FY-2025
All-time low
113%
FY-2026
Disclosures tracked
3
since FY-2025
QoQ ▼ 4pp

NRR vs GRR over time

0%34%67%101%135% FY-2025FY2025-Q4FY-2026 Retention NRR (incl. expansion) GRR (excl. expansion) NRR - FY-2025: 117% NRR - FY2025-Q4: 117% NRR - FY-2026: 113% GRR - FY-2025: 0% GRR - FY2025-Q4: 0% GRR - FY-2026: 0%

Gross Retention excludes expansion - it shows pure churn / contraction loss. The gap between NRR and GRR is the expansion lift.

Peak NRR of 117% in FY-2025. Latest is 113% - that's -4pp from peak.

Pure Storage is below the AI Infrastructure Public median by -12pp (cell median: 125%)

What the data shows

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% - a mid-pack result for B2B SaaS at this segment.

Pure Storage's NRR peaked at 117% in FY-2025, 4pp above today's level. The most recent quarter lost 4pp QoQ.

Within its peer set (ai infrastructure companies at public stage in the $500k+ acv band), Pure Storage's NRR is meaningfully below the cell median of 125%. Compare against the full peer cell aggregate for distribution and top performers.

Customer mix

Total customers
-
Over $100K ARR
-
Over $1M ARR
-
US revenue mix
70%
2025-01-31
Top-10 concentration
-
Average ACV
-

Commercial structure

Contract shape and forward-booked revenue.

Multi-year contracts
-
Avg contract length
-
RPO (total)
$2.6B
2025-01-31
cRPO (next 12mo)
-
New customers added
334
2025-01-31
Subscription rev mix
44%
2025-01-31

Customer flow

Logo flow per period (count-side complement to dollar-based NRR).

New customers added
334
2025-01-31
Lost customers
-

The post-sales motion

Pricing model
hybrid
Renewal cadence
annual
CS team size
-
Customers per CSM
-

Support tiers: Evergreen//One · Evergreen//Forever

CS team segments: Strategic · Enterprise · Mid-Market · SMB

CSM model: hybrid

Education programs: Accelerate conference

Top customer exec: Pat Finn - Chief Revenue Officer (since 2025)

What Pure Storage is doing

Named CS initiatives across recent disclosures (newest first).

What they're working through

Challenges acknowledged by management. Useful peer signals - your team is probably not alone.

What execs say about post-sales

Curated quotes about customer outcomes, retention, renewals.

"renewals of our Evergreen subscriptions across our installed base remained robust, demonstrating strong year-over-year growth."
Kevan Krysler, CFO (Prepared Remarks)
"Our Fusion v2 software eliminates data silos, transforming fragmented storage into a unified enterprise data cloud."
Charlie Giancarlo, CEO (Prepared Remarks)
"This backlog reflects robust renewals and new storage as a service commitments."
Kevan Krysler, CFO (Financial Results)
"By virtualizing enterprise storage, we're enabling customers to better manage their growing global data estate."
Charlie Giancarlo, CEO and Chairman (Closing Comments)
"Pure was recognized as a leader in the IDC MarketScape on support services globally, reflecting our strengths in reliability, proactive connective support, and our customer-first mindset."
Charles Giancarlo, CEO (Prepared Remarks)
"We achieved an industry-high NPS of 84 for calendar 2025. While much of the industry remains with scores in the 30s, we have maintained a score above 80 for more than a decade."
Charlie Giancarlo, Chairman and CEO (Prepared Remarks)

Competitive dynamics

Compare Pure Storage to peers

Side-by-side NRR, customer cohorts, commercial structure, and CS motion.

Featured in these rankings

Pure Storage appears on 1 of our retention leaderboards.

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Every disclosure

Period NRR GRR Source type Filing
FY-2026 113% - 10-K source ↗
FY2025-Q4 117% - earnings-call-transcript source ↗
FY-2025 117% - 10-K source ↗
Last verified disclosure: 2025-01-31 · Report an inaccuracy → · How we verify →

How does your NRR compare to Pure Storage's?

Generate a live retention report against Pure Storage and your full peer cell. Ungated. Downloadable as PDF.