vs

Side-by-side financial comparison of BNY Mellon (BK) and Pure Storage, Inc. (PSTG). Click either name above to swap in a different company.

BNY Mellon is the larger business by last-quarter revenue ($1.3B vs $964.5M, roughly 1.4× Pure Storage, Inc.). BNY Mellon runs the higher net margin — 108.5% vs 5.7%, a 102.9% gap on every dollar of revenue. On growth, Pure Storage, Inc. posted the faster year-over-year revenue change (16.0% vs 12.7%). BNY Mellon produced more free cash flow last quarter ($4.7B vs $52.6M). Over the past eight quarters, BNY Mellon's revenue compounded faster (13.8% CAGR vs 10.5%).

The Bank of New York Mellon Corporation, commonly known as BNY or by its prior brand name BNY Mellon, is an American international financial services company headquartered in New York City. It was established in its current form in July 2007 by the merger of the Bank of New York and Mellon Financial Corporation.

Pure Storage, Inc. is an American publicly traded technology company headquartered in Santa Clara, California, United States. It develops all-flash data storage hardware and software products. Pure Storage was founded in 2009 and developed its products in stealth mode until 2011. Afterwards, the company grew in revenues by about 50% per quarter and raised more than $470 million in venture capital funding, before going public in 2015. Initially, Pure Storage developed the software for storage ...

BK vs PSTG — Head-to-Head

Bigger by revenue
BK
BK
1.4× larger
BK
$1.3B
$964.5M
PSTG
Growing faster (revenue YoY)
PSTG
PSTG
+3.3% gap
PSTG
16.0%
12.7%
BK
Higher net margin
BK
BK
102.9% more per $
BK
108.5%
5.7%
PSTG
More free cash flow
BK
BK
$4.7B more FCF
BK
$4.7B
$52.6M
PSTG
Faster 2-yr revenue CAGR
BK
BK
Annualised
BK
13.8%
10.5%
PSTG

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
BK
BK
PSTG
PSTG
Revenue
$1.3B
$964.5M
Net Profit
$1.5B
$54.8M
Gross Margin
72.3%
Operating Margin
5.6%
Net Margin
108.5%
5.7%
Revenue YoY
12.7%
16.0%
Net Profit YoY
26.5%
-13.9%
EPS (diluted)
$2.01
$0.16

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BK
BK
PSTG
PSTG
Q4 25
$1.3B
$964.5M
Q3 25
$1.2B
$861.0M
Q2 25
$1.2B
$778.5M
Q1 25
$1.2B
$879.8M
Q4 24
$1.2B
$831.1M
Q3 24
$1.0B
$763.8M
Q2 24
$1.0B
$693.5M
Q1 24
$1.0B
$789.8M
Net Profit
BK
BK
PSTG
PSTG
Q4 25
$1.5B
$54.8M
Q3 25
$1.4B
$47.1M
Q2 25
$1.4B
$-14.0M
Q1 25
$1.2B
$42.4M
Q4 24
$1.2B
$63.6M
Q3 24
$1.2B
$35.7M
Q2 24
$1.2B
$-35.0M
Q1 24
$1.0B
$65.4M
Gross Margin
BK
BK
PSTG
PSTG
Q4 25
72.3%
Q3 25
70.2%
Q2 25
68.9%
Q1 25
67.5%
Q4 24
70.1%
Q3 24
70.7%
Q2 24
71.5%
Q1 24
72.0%
Operating Margin
BK
BK
PSTG
PSTG
Q4 25
5.6%
Q3 25
0.6%
Q2 25
-4.0%
Q1 25
4.8%
Q4 24
7.2%
Q3 24
3.3%
Q2 24
-6.0%
Q1 24
7.3%
Net Margin
BK
BK
PSTG
PSTG
Q4 25
108.5%
5.7%
Q3 25
116.9%
5.5%
Q2 25
118.3%
-1.8%
Q1 25
105.3%
4.8%
Q4 24
96.7%
7.7%
Q3 24
112.8%
4.7%
Q2 24
113.4%
-5.0%
Q1 24
98.6%
8.3%
EPS (diluted)
BK
BK
PSTG
PSTG
Q4 25
$2.01
$0.16
Q3 25
$1.88
$0.14
Q2 25
$1.93
$-0.04
Q1 25
$1.58
$0.13
Q4 24
$1.53
$0.19
Q3 24
$1.50
$0.10
Q2 24
$1.52
$-0.11
Q1 24
$1.25
$0.22

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BK
BK
PSTG
PSTG
Cash + ST InvestmentsLiquidity on hand
$5.1B
$852.8M
Total DebtLower is stronger
$31.9B
Stockholders' EquityBook value
$44.3B
$1.4B
Total Assets
$472.3B
$4.2B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BK
BK
PSTG
PSTG
Q4 25
$5.1B
$852.8M
Q3 25
$5.1B
$887.8M
Q2 25
$5.7B
$739.3M
Q1 25
$5.4B
$723.6M
Q4 24
$4.2B
$894.6M
Q3 24
$6.2B
$965.0M
Q2 24
$5.3B
$900.6M
Q1 24
$5.3B
$702.5M
Total Debt
BK
BK
PSTG
PSTG
Q4 25
$31.9B
Q3 25
$32.3B
Q2 25
$33.4B
Q1 25
$30.9B
Q4 24
$30.9B
Q3 24
$33.2B
Q2 24
$30.9B
Q1 24
$32.4B
Stockholders' Equity
BK
BK
PSTG
PSTG
Q4 25
$44.3B
$1.4B
Q3 25
$43.9B
$1.3B
Q2 25
$44.0B
$1.2B
Q1 25
$43.1B
$1.3B
Q4 24
$41.3B
$1.4B
Q3 24
$42.0B
$1.5B
Q2 24
$40.8B
$1.4B
Q1 24
$40.6B
$1.3B
Total Assets
BK
BK
PSTG
PSTG
Q4 25
$472.3B
$4.2B
Q3 25
$455.3B
$4.0B
Q2 25
$485.8B
$3.8B
Q1 25
$440.7B
$4.0B
Q4 24
$416.1B
$3.9B
Q3 24
$427.5B
$3.8B
Q2 24
$428.5B
$3.6B
Q1 24
$434.7B
$3.7B
Debt / Equity
BK
BK
PSTG
PSTG
Q4 25
0.72×
Q3 25
0.74×
Q2 25
0.76×
Q1 25
0.72×
Q4 24
0.75×
Q3 24
0.79×
Q2 24
0.76×
Q1 24
0.80×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BK
BK
PSTG
PSTG
Operating Cash FlowLast quarter
$5.2B
$116.0M
Free Cash FlowOCF − Capex
$4.7B
$52.6M
FCF MarginFCF / Revenue
352.8%
5.5%
Capex IntensityCapex / Revenue
32.4%
6.6%
Cash ConversionOCF / Net Profit
3.55×
2.12×
TTM Free Cash FlowTrailing 4 quarters
$5.2B
$566.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BK
BK
PSTG
PSTG
Q4 25
$5.2B
$116.0M
Q3 25
$-1.1B
$212.2M
Q2 25
$2.2B
$283.9M
Q1 25
$412.0M
$208.5M
Q4 24
$1.6B
$97.0M
Q3 24
$-312.0M
$226.6M
Q2 24
$2.1B
$221.5M
Q1 24
$-2.7B
$244.4M
Free Cash Flow
BK
BK
PSTG
PSTG
Q4 25
$4.7B
$52.6M
Q3 25
$-1.5B
$150.1M
Q2 25
$1.8B
$211.6M
Q1 25
$92.0M
$152.4M
Q4 24
$1.1B
$35.2M
Q3 24
$-687.0M
$166.6M
Q2 24
$1.7B
$172.7M
Q1 24
$-3.0B
$200.9M
FCF Margin
BK
BK
PSTG
PSTG
Q4 25
352.8%
5.5%
Q3 25
-121.5%
17.4%
Q2 25
152.8%
27.2%
Q1 25
7.9%
17.3%
Q4 24
95.2%
4.2%
Q3 24
-65.6%
21.8%
Q2 24
169.6%
24.9%
Q1 24
-286.4%
25.4%
Capex Intensity
BK
BK
PSTG
PSTG
Q4 25
32.4%
6.6%
Q3 25
35.4%
7.2%
Q2 25
29.8%
9.3%
Q1 25
27.6%
6.4%
Q4 24
34.6%
7.4%
Q3 24
35.8%
7.9%
Q2 24
37.1%
7.0%
Q1 24
28.7%
5.5%
Cash Conversion
BK
BK
PSTG
PSTG
Q4 25
3.55×
2.12×
Q3 25
-0.74×
4.50×
Q2 25
1.54×
Q1 25
0.34×
4.91×
Q4 24
1.34×
1.52×
Q3 24
-0.26×
6.35×
Q2 24
1.82×
Q1 24
-2.61×
3.74×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

BK
BK

Segment breakdown not available.

PSTG
PSTG

US$683.2M71%
Non Us$281.3M29%

Related Comparisons