Chris Shankar's questions to Pure Storage Inc (PSTG) leadership • Q2 2025
Question
On behalf of Chris Shankar, Robert Mertens asked about the implied growth deceleration in the January quarter outlook and whether mid-single-digit growth is the new norm.
Answer
CFO Kevan Krysler attributed the implied growth rate primarily to historical seasonality. He also noted that an expected ramp in as-a-service sales in the second half creates a headwind to total revenue growth compared to upfront CapEx sales, a factor that is already considered in the annual guidance.