Everpure, Inc. · NYSE:P
Everpure — Pure Storage — Investor Day (September 2025)
98 slides from Everpure's investor day presentation, Sep 25, 2025
Slide 1: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 2: Forward Looking Statement
Forward Looking Statement This presentation contains projections and other “forward-looking” statements regarding our products, business and operations, including but not limited to our views relating to hyperscale and AI environments, our ability to meet hyperscalers’ performance and price requirem
Slide 3: Paul Ziots
Paul Ziots Vice President, Investor Relations Ⓒ 2025 Pure Storage
Slide 4: Agenda
Pure’s Platform Strategy and the Enterprise Data Cloud Charles Giancarlo, Chairman & Chief Executive Officer Pure’s Fundamental Advantages Agenda Rob Lee, Chief Technology Officer Customer Journey to Pure’s Cloud Operating Model Prakash Darji, General Manager, Digital Experience Pure’s Hyperscaler B
Slide 5: Pure's Platform Strategy and the Enterprise Data Cloud
Pure’s Platform Strategy and the Enterprise Data Cloud Charles Giancarlo Chief Executive Officer Ⓒ 2025 Pure Storage
Slide 6: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 7: 11 Year Enterprise Storage Market Share
11 Year Enterprise Storage Market Share 15% Net Gain / Loss Pure 13.2% HPE** 0.2% NetApp 0.6% Hitachi 1.7% Dell EMC 4.5% IBM 6.1% 0 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Ⓒ 2025 Pure Storage - – - - –
Slide 8: Q2 revenue and subscriptions highlights
Q2 48 % $ 861M 20 % of revenue in subscriptions 13% Y/Y growth of revenue invested in R&D 15% operating margin Ⓒ 2025 Pure Storage
Slide 9: MQ for Enterprise Storage Platforms
MQ for Enterprise Storage Platforms MAGIC QUADRANT FOR ENTERPRISE STORAGE PLATFORMS CHALLENGERS LEADERS PURE STORAGE NETAPP HUAWEI HPE DELL IBM HITACHI VANTARA DDN IEIT SYSTEMS ABILITY TO EXECUTE NICHE PLAYERS VISIONARIES COMPLETENESS OF VISION AS OF JUNE 2025 Ⓒ 2025 Pure Storage
Slide 10: MQ for Enterprise Storage Platforms
MQ for Enterprise Storage Platforms MAGIC QUADRANT FOR ENTERPRISE STORAGE PLATFORMS CHALLENGERS LEADERS 81 PURE STORAGE NETAPP HUAWEI HPE DELL IBM HITACHI VANTARA DDN Net Promoter Score IEIT SYSTEMS 3rd Party Measured) ABILITY TO EXECUTE NICHE PLAYERS VISIONARIES COMPLETENESS OF VISION AS OF JUNE 20
Slide 11: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 12: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 13: Before / After
After Before Software AI Data Ⓒ 2025 Pure Storage
Slide 14: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 15: Enterprise Data
Enterprise Data Ⓒ 2025 Pure Storage
Slide 16: Enterprise Data Center Architecture
Enterprise Data Center Architecture DATABASE VIRTUALIZATION FILE SHARE BACKUP Switches Compute Storage Arrays are managed Can’t share capacity New services Data governance and provisioned or performance with allocated and standards applied individually other arrays configured manually manually Ⓒ 202
Slide 17: Inconsistent Data Management
Inconsistent Data Management DATABASE VIRTUALIZATION FILE SHARE BACKUP Switches Compute Storage Data captive to Poor records of data Raw data inaccessible Data governance application stack copies and movement to other applications inconsistently applied Ⓒ 2025 Pure Storage
Slide 18: This is not the way clouds operate
This is not the way clouds operate Ⓒ 2025 Pure Storage
Slide 19: Software Defined Data Center
Data Center Management Services Software Network Services Defined Network Compute Services Network Storage Services HIGH PERFORMANCE MID PERFORMANCE LOW COST ARCHIVE Ⓒ 2025 Pure Storage
Slide 20: Enterprise Storage Architecture is Vertical
Enterprise Storage Architecture is Vertical Cloud Storage Architecture is Horizontal Ⓒ 2025 Pure Storage
Slide 21: Enterprise Storage Architecture is Manual
Enterprise Storage Architecture is Manual Cloud Storage Architecture is Fully Automated Ⓒ 2025 Pure Storage
Slide 22: Enterprise Storage Architecture creates Data Silos
Enterprise Storage Architecture creates Data Silos Cloud Storage Architecture creates Accessible Data Pools Ⓒ 2025 Pure Storage
Slide 23: Enterprise Storage Architecture is Physical
Enterprise Storage Architecture is Physical Cloud Storage Architecture is Virtual Ⓒ 2025 Pure Storage
Slide 24: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 25: A Vision for a New Era of Data
A Vision for a New Era of Data Ⓒ 2025 Pure Storage
Slide 26: Purity
Purity Ⓒ 2025 Pure Storage
Slide 27: Purity
Purity DATA REDUCTION RESILIENCY ENCRYPTION RECOVERY SAFEMODE EVERGREEN Purity BLOCK FILE OBJECT COMMON OPERATING ENVIRONMENT EVERGREEN ARCHITECTURE HIGH PERFORMANCE MID PERFORMANCE LOW COST Ⓒ 2025 Pure Storage
Slide 28: Purity
Purity Purity BLOCK FILE OBJECT Delivered UNIFIED DATA PLANE As-a-Service COMMON OPERATING ENVIRONMENT EVERGREEN ARCHITECTURE Management HIGH PERFORMANCE MID PERFORMANCE LOW COST Ⓒ 2025 Pure Storage
Slide 29: Purity
Purity ENTERPRISE APPS MODERN APPS DATABASE VIRTUALIZATION FILE SHARE BACKUP MODVIRT ML/AI CONTAINERS SUPPORTS ALL WORKLOADS/WORKFLOWS Purity BLOCK FILE OBJECT Delivered UNIFIED DATA PLANE As-a-Service COMMON OPERATING ENVIRONMENT EVERGREEN ARCHITECTURE Management HIGH PERFORMANCE MID PERFORMANCE LO
Slide 30: Purity
Purity ENTERPRISE APPS MODERN APPS DATABASE VIRTUALIZATION FILE SHARE BACKUP MODVIRT ML/AI CONTAINERS SUPPORTS ALL WORKLOADS/WORKFLOWS Purity BLOCK FILE OBJECT Delivered UNIFIED DATA PLANE As-a-Service COMMON OPERATING ENVIRONMENT EVERGREEN ARCHITECTURE Management HIGH PERFORMANCE MID PERFORMANCE LO
Slide 31: Purity and Fusion
Purity + Purity ENTERPRISE APPS MODERN APPS Fusion DATABASE VIRTUALIZATION FILE SHARE BACKUP MODVIRT ML/AI CONTAINERS SUPPORTS ALL WORKLOADS/WORKFLOWS INTELLIGENT CONTROL PLANE Purity Fusion BLOCK FILE OBJECT Delivered UNIFIED DATA PLANE As-a-Service COMMON OPERATING ENVIRONMENT EVERGREEN ARCHITECTU
Slide 32: The Pure Storage Platform Enables A Global Enterprise Data Cloud
The Pure Storage Platform Enables A Global Enterprise Data Cloud Ⓒ 2025 Pure Storage
Slide 33: Enterprise Data Cloud
Enterprise Data Cloud Ⓒ 2025 Pure Storage
Slide 34: Captive Arrays vs Data Cloud
Captive Arrays Data Cloud Manual Automated Manual Provisioning Auto Provisioning Dedicated Capacity and Performance Auto Load Balancing Governance: Manual Global Governance by Software Protection: Array by Array Protection by Policy Data Captive to App Stack Raw Data Globally Accessible Ⓒ 2025 Pure
Slide 35: Enterprise Data Cloud
Make Your Production The Data Your Data Lake Enterprise Data Cloud Replace Your Siloed Data With a Data Cloud Ⓒ 2025 Pure Storage
Slide 36: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 37: FY26 Enterprise Launches
FY26 Enterprise Launches Intelligent Control Plane Unified Data Plane SLA Expansions Cyber Resilience H1 H1 H1 H2 • Fusion Presets • FlashBlade//EXA • Evergreen//One • Identity and Access Management • Workflow • FA XL R5 Adaptive Tier • TPM and UEFI Secure Boot • Bring Your Own Key Orchestration • F
Slide 38: Introducing FlashBlade//EXA
Introducing FlashBlade//EXA Ⓒ 2025 Pure Storage
Slide 39: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 40: ©2024 Pure Storage Confidential
©2024 Pure Storage Ⓒ 2025 Confidential Pure Storage For Internal Use Only 40 -
Slide 41: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 42: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 43: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 44: Read Bandwidth Write Bandwidth
Bandwidth TB/s) 12 10 8 6 4 2 10 25 50 75 100 125 Read Bandwidth Write Bandwidth Ⓒ 2025 Pure Storage ( - - - - - -
Slide 45: Complete AI Scale Coverage
Complete AI Scale Coverage 100,000 Hyperscalers AI Natives Tech Titans GPU Clouds Research Clusters 1000 GPUs Enterprise Commercial Ⓒ 2025 Pure Storage +
Slide 46: Complete AI Scale Coverage
Complete AI Scale Coverage 100,000 Hyperscalers DirectFlash AI Natives Tech Titans GPU Clouds Research Clusters 1000 GPUs Enterprise Commercial Ⓒ 2025 Pure Storage +
Slide 47: Your Scalable Enterprise Data Cloud
Your Scalable Enterprise Data Cloud Delivered by the Pure Storage Platform Virtualized Cloud of Data Ⓒ 2025 Pure Storage
Slide 48: Your Consistent Enterprise Data Cloud
Your Consistent Enterprise Data Cloud Delivered by the Pure Storage Platform Virtualized Cloud of Data Consistent Environment All Workloads Ⓒ 2025 Pure Storage -
Slide 49: Your Reliable Enterprise Data Cloud
Your Reliable Enterprise Data Cloud Delivered by the Pure Storage Platform Virtualized Cloud of Data Consistent Environment All Workloads Autonomous Data Governance Built-In Cyber Resilience Ⓒ 2025 Pure Storage -
Slide 50: Delivered by the Pure Storage Platform
Delivered by the Pure Storage Platform Virtualized Cloud of Data Consistent Environment All Workloads Autonomous Data Governance Built-In Cyber Resilience Software Defined, Global Scalability Ⓒ 2025 Pure Storage -
Slide 51: Thank You
Thank You Ⓒ 2025 Pure Storage
Slide 52: Pure's Fundamental Advantages
Pure’s Fundamental Advantages Rob Lee Chief Technology Officer Ⓒ 2025 Pure Storage
Slide 53: Agenda
Differentiated IP Across Storage Agenda Packaged Uniquely Across Markets Scalable Metadata Powering AI Ⓒ 2025 Pure Storage
Slide 54: Anatomy of a Storage System
Anatomy of a Storage System Manage, Monitor, and Administrate Management & Monitoring How is the system managed? How is access administered? Protect Data and Access From Faults Availability and resiliency. Data protection, snapshots, Storage Reliability replication etc. Organize, Store, and Retrieve
Slide 55: Pure's Differentiated IP, at Every Layer
Pure’s Differentiated IP, at Every Layer Software Designed to Manage Flash, as Flash Others Pure’s Approach Management & Monitoring • SSDs present NAND flash as • Purpose-built to natively an HDD Storage Reliability access NAND Flash • Complex, inefficient and • Host-side flash-management unreliable
Slide 56: Pure's Differentiated IP, at Every Layer
Pure’s Differentiated IP, at Every Layer End-to-end Simplicity Drives Reliability and Longevity Others Pure’s Approach Management & Monitoring • 3rd party OEM or repurposed • Fully integrated systems server hardware Storage Reliability designed to optimize reliability, power, space, and performance
Slide 57: Pure's Differentiated IP, at Every Layer
Pure’s Differentiated IP, at Every Layer Software Designed for Modern Media and Performance Others Pure’s Approach Management & Monitoring • Numerous disparate SW stacks • Single Purity Operating Storage Reliability Environment • Retrofit architectures from the HDD era built for 10x slower • Designe
Slide 58: Pure's Differentiated IP, at Every Layer
Pure’s Differentiated IP, at Every Layer Built to Enable the Cloud Operating Model Others Pure’s Approach Management & Monitoring • Bolt-on observability • Built-in observability & Intelligence • Arrays are managed and Storage Reliability provisioned individually • Managed as Cloud-infrastructure •
Slide 59: Differentiated Solutions for Unique Market Opportunities
Differentiated Management & Monitoring Solutions for Unique Market Storage Reliability Opportunities: Storage Services Core Enterprise Workloads System Hardware On-Cloud/Cloud-Native Media Software Scale AI Physical Media Hyperscalers Ⓒ 2025 Pure Storage
Slide 60: Differentiated Solutions for Unique Market Opportunities
Differentiated Solutions for Unique Market Opportunities Management & Monitoring On-Cloud/ Storage Reliability Cloud-Native Core Enterprise Storage Services Scale AI Workloads System Hardware Media Software Hyperscalers Physical Media Ⓒ 2025 Pure Storage
Slide 61: Core Enterprise Workloads
Differentiated Solutions for Unique Market Opportunities Management & Monitoring Core Storage Reliability Enterprise Engineered systems Workloads FlashArray, FlashBlade) Traditional enterprise data provide full benefits of all Storage Services center storage supporting layers of the stack. infrastru
Slide 62: On-Cloud/Cloud-Native
Differentiated Solutions for Unique Market Opportunities On-Cloud/ CloudBlockStore and Cloud-Native Management & Monitoring Portworx address both traditional and cloud-native Solutions generally running on applications. Increasingly, public-cloud or third-party both enabling alternative physical inf
Slide 63: Scale AI
Differentiated Solutions for Unique Market Opportunities Scale-AI Management & Monitoring Largest and highest- performance demanding AI FlashBlade//EXA builds on environments benefit from Storage Reliability the scalability of file and highly scalable file and object services proven by object perfor
Slide 64: Hyperscalers
Differentiated Solutions for Unique Market Opportunities Management & Monitoring Storage Reliability Hyperscalers DirectFlash software provides Horizontally-designed storage Hyperscalers an easy-to- architectures for the largest Storage Services integrate way to deploy NAND cloud storage environment
Slide 65: Differentiated Solutions for Unique Market Opportunities
Differentiated Solutions for Unique Market Opportunities Management & Monitoring On-Cloud/ Storage Reliability Cloud-Native Core Enterprise Storage Services Scale AI Workloads System Hardware Media Software Hyperscalers Physical Media Ⓒ 2025 Pure Storage
Slide 66: Key Purity Differentiator: Scalable Metadata
Key Purity Differentiator Scalable Metadata Key Challenges Scaling metadata as performance and capacity scales Much focus is placed on data transfer rates, but metadata performance is just as important and harder to scale. Organizing metadata for parallel access Traditional methods for organizing me
Slide 67: Key Purity Differentiator: Scalable Metadata
Key Purity Differentiator Scalable Metadata Pure’s Approach Scaling metadata as performance KV Store Based Purity Metadata Engine and capacity scales Metadata Much focus is placed on data transfer rates, but metadata Massively Distributed Transactional Database Optimized for maximum performance is j
Slide 68: All-Around Performance Drives AI Platforms
All-Around Performance Drives AI Platforms FlashBlade//S FlashBlade//EXA High-Performance Storage for Enterprise AI Extends FlashBlade//S to Highest-Scale AI Training Proven AI Leadership, serving 100’s of AI customers FlashBlade SW, on Massive Scale-Out Open Architecture Ⓒ 2025 Pure Storage
Slide 69: Serving AI at all Scales
Serving AI at all Scales Hyperscalers AI Natives Tech Titans Scale AI Specialized Clouds GPU HPC Labs and Research Centers Large Enterprise Enterprise Enterprise AI Commercial Ⓒ 2025 Pure Storage ( )
Slide 70: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 71: Customer Journey to Pure's Cloud Operating Model
Customer Journey to Pure’s Cloud Operating Model Prakash Darji General Manager, Digital Experience Ⓒ 2025 Pure Storage
Slide 72: Pure's Journey to Enterprise Data Cloud Streamlines Customer Outcomes
Pure’s Journey to Enterprise Data Cloud Streamlines Customer Outcomes Standardize Scale Provide Streamline customer Instantaneous Value operating environments at the speed of business need Ⓒ 2025 Pure Storage @
Slide 73: Maturity Model to SLAs Driven By Fusion
Maturity Model to SLAs Driven By Fusion Customer Customer Services Services Delivery SLAs Shift Storage Fleet / Policy Data Set Management Management Management Paradigm Ability to manage Ability to manage Ability to manage arrays, volumes, policies and workloads and Vendor Pure filesystems, objects
Slide 74: Evergreen//One as Vendor Managed SLAs
Evergreen//One as Vendor Managed SLAs Whatever Deployed Based on SLAs & Guarantees Storage Wherever You Need You Need It Block On-premises Performance Uptime Zero Buffer Site Data Loss Capacity Relocation File Cloud Zero No Data Energy Cyber Resilience Object Co-Lo Planned Migration Efficiency Recov
Slide 75: Evergreen//One Built on Pure's Uniqueness
Evergreen//One Built on Pure’s Uniqueness ENTERPRISE APPS MODERN APPS SAP ORACLE SQL CUSTOM SaaS ML / AI SUPPORTING ALL WORKLOADS Intelligent Control Plane Pure’s observability over the last decade gives us the the DELIVERED AS A SERVICE data foundation of telemetry (both human and machine) to INTEL
Slide 76: A Paradigm Shift
A Paradigm Shift Managing 100s of Storage Systems, Like One INTELLIGENT CONTROL PLANE Distributed access for simplified resource Discovery, provisioning, management Federate Remote Storage Maximize Dynamic Organize your Management Utilization Rebalancing cloud resources Execute CLI & API Non-disrupt
Slide 77: Intelligent Policy-Driven Management and Automation
Intelligent Policy-Driven Management and Automation One API Across all Clouds to Intelligently Manage Workloads and Datasets INTELLIGENT CONTROL PLANE Fleet and Dataset Management Intelligent Deployment and Automation Fleet AZ / Region Policy-Driven Compliance Self Service Intelligent Workload Perfo
Slide 78: Evergreen//One
Evergreen//One Delivers Vendor Managed Storage SLAs to Simplify Storage Operations Ⓒ 2025 Pure Storage
Slide 79: Evergreen//One vs. Other 'On-Demand' Models
Evergreen//One vs. Other ‘On-Demand' Mod Other 'capacity on demand' models Always improving Potential data Evergreen Architecture migration at renewal Service definition Subscription “Box-on” service by site subscription or lease Simple contract 3 pages 100s of pages Transparent SLAs & guarantees We
Slide 80: Customers Increasingly Prefer Evergreen//One
Customers Increasingly Prefer Evergreen//One 1000 CUSTOMERS Ⓒ 2025 Pure Storage +
Slide 81: Enterprise Data Cloud Creates a Network Effect and Drives Expansion
Enterprise Data Cloud Creates a Network Effect and Drives Expansion Unified Data Plane Intelligent Control Plane Simple self-service, scalable consumption model Supports all workloads & workflows Ⓒ 2025 Pure Storage
Slide 82: Maturity Model to SLAs Driven By Fusion
Maturity Model to SLAs Driven By Fusion Customer Customer Services Services Delivery SLAs Shift Storage Fleet / Policy Data Set Management Management Management Paradigm Ability to manage Ability to manage Ability to manage arrays, volumes, policies and workloads and Vendor Pure filesystems, objects
Slide 83: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 84: Pure's Hyperscaler Business
Pure’s Hyperscaler Business Bill Cerreta General Manager, Hyperscale Ⓒ 2025 Pure Storage
Slide 85: Pure Differentiators
Pure Differentiators Technical Supply Chain Structural Advantage Advantage Advantage • Highest capacity, density, • Strategic supply • NAND costs falling and power efficiency relationships with twice as fast as HDD • Flexible software- 3 vendors • HDDs hitting driven solution performance wall • Sing
Slide 86: Built for the Cloud
Built for the Cloud Our software plus It offers unique value to This is not a standard DirectFlash® Module hyperscalers for their entire enterprise product, it solution has been cloud environment, not just has been tailor made released to production for specific projects. for hyperscalers. Ⓒ 2025 Pu
Slide 87: Market Conditions Creating Tailwinds
Market Conditions Creating Tailwinds Industry Analyst’s View Pure Observations ...AI-driven data explosion causes structural HDD vendors made limited capacity changes in data center storage. HDD shortage investments. Build-to-order, multi-year accelerates QLC SSD demand, especially supply agreements
Slide 88: NAND Price Declines Twice as Fast as HDDs
NAND Price Declines Twice as Fast as HDDs Sources: Averages of Forward Insights, TrendFocus, TechInsights 2Q 2025 market reports Ⓒ 2025 Pure Storage
Slide 89: Enabling DirectFlash Module Scaling
Enabling DirectFlash® Module Scaling Hyperscale HDD Replacement Flash for warm and cold hyperscale workloads has arrived Density 10X more density* 5X less space* 5X less power* HDDs 40X better reliability* 2x the longevity* 85% lower operating costs* Today Time *Assumes no data reduction, which is u
Slide 90: Hyperscalers Buy Most of the Hard Drives
Hyperscalers Buy Most of the Hard Drives Nearline HDD* Capacity Shipped Exabytes] Hyperscalers OEM/Other 1,531 1,333 1,044 74% 74% 75% 26% 26% 25% 2024 2025 2026 * Nearline Hard disk drives 98% of HDD capacity shipped) Source: TrendFocus CHESS CQ4 24 Quarterly Update Long Term Forecast Ⓒ 2025 Pure S
Slide 91: Pure Opportunity
Hyperscale Storage Infrastructure Tiers HOT SSD Pure Opportunity WARM HDD COLD HDD Ⓒ 2025 Pure Storage
Slide 92: Technical Advantages Over SSDs
Technical Advantages Over SSDs DirectFlash® Module QLC 150TB 300TB and Beyond • SSD architecture limits capacity, while • Multiple NAND vendors under single Pure scales efficiently beyond 300TB consistent solution increases supply • Greater density drives power and • Systems expertise valuable to cu
Slide 93: Pure Differentiators
Pure Differentiators Technical Supply Chain Structural Advantage Advantage Advantage • Highest capacity, density, • Strategic supply • NAND costs falling and power efficiency relationships with twice as fast as HDD • Flexible software- 3 vendors • HDDs hitting driven solution performance wall • Sing
Slide 94: Strategic NAND Suppliers
Strategic NAND Suppliers NAND Market Share* 15.0% 13.4% 20.4% * CQ2 2025 NAND Market Share, Trend Focus Sep 2025 Ⓒ 2025 Pure Storage
Slide 95: With Pure, a Hyperscale Customer Will be Able to Access...
With Pure, a Hyperscale Customer Will be Able to Access . . . 49% of the global NAND Flash capacity Only offering in the world that has this much supply in one solution. Ⓒ 2025 Pure Storage
Slide 96: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage
Slide 97: Q&A Session
Q&A Session Charles Giancarlo Chairman & Chief Executive Officer John “Coz” Colgrove Founder & Chief Visionary Officer Rob Lee Chief Technology Officer Tarek Robbiati Chief Financial Officer Prakash Darji General Manager, Digital Experience Bill Cerreta General Manager, Hyperscale Paul Ziots Vice Pr
Slide 98: Ⓒ 2025 Pure Storage
Ⓒ 2025 Pure Storage