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Side-by-side financial comparison of EAST WEST BANCORP INC (EWBC) and Pure Storage, Inc. (PSTG). Click either name above to swap in a different company.

Pure Storage, Inc. is the larger business by last-quarter revenue ($964.5M vs $775.0M, roughly 1.2× EAST WEST BANCORP INC). EAST WEST BANCORP INC runs the higher net margin — 46.2% vs 5.7%, a 40.5% gap on every dollar of revenue. On growth, Pure Storage, Inc. posted the faster year-over-year revenue change (16.0% vs 2.1%). Over the past eight quarters, EAST WEST BANCORP INC's revenue compounded faster (18.4% CAGR vs 10.5%).

East West Bank is an American bank that is the primary subsidiary of East West Bancorp. It is the largest publicly traded bank headquartered in Southern California. The company has been ranked the #1 performing U.S. bank with more than $10 billion in assets by S&P Global Market Intelligence, and the top performing bank in its asset size by Bank Director for three straight years since 2023.

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 ...

EWBC vs PSTG — Head-to-Head

Bigger by revenue
PSTG
PSTG
1.2× larger
PSTG
$964.5M
$775.0M
EWBC
Growing faster (revenue YoY)
PSTG
PSTG
+13.9% gap
PSTG
16.0%
2.1%
EWBC
Higher net margin
EWBC
EWBC
40.5% more per $
EWBC
46.2%
5.7%
PSTG
Faster 2-yr revenue CAGR
EWBC
EWBC
Annualised
EWBC
18.4%
10.5%
PSTG

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
EWBC
EWBC
PSTG
PSTG
Revenue
$775.0M
$964.5M
Net Profit
$358.0M
$54.8M
Gross Margin
72.3%
Operating Margin
5.6%
Net Margin
46.2%
5.7%
Revenue YoY
2.1%
16.0%
Net Profit YoY
0.4%
-13.9%
EPS (diluted)
$2.57
$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
EWBC
EWBC
PSTG
PSTG
Q1 26
$775.0M
Q4 25
$657.8M
$964.5M
Q3 25
$677.5M
$861.0M
Q2 25
$617.1M
$778.5M
Q1 25
$600.2M
$879.8M
Q4 24
$587.6M
$831.1M
Q3 24
$572.7M
$763.8M
Q2 24
$553.2M
$693.5M
Net Profit
EWBC
EWBC
PSTG
PSTG
Q1 26
$358.0M
Q4 25
$356.3M
$54.8M
Q3 25
$368.4M
$47.1M
Q2 25
$310.3M
$-14.0M
Q1 25
$290.3M
$42.4M
Q4 24
$293.1M
$63.6M
Q3 24
$299.2M
$35.7M
Q2 24
$288.2M
$-35.0M
Gross Margin
EWBC
EWBC
PSTG
PSTG
Q1 26
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%
Operating Margin
EWBC
EWBC
PSTG
PSTG
Q1 26
Q4 25
71.0%
5.6%
Q3 25
68.6%
0.6%
Q2 25
65.2%
-4.0%
Q1 25
65.2%
4.8%
Q4 24
60.6%
7.2%
Q3 24
68.0%
3.3%
Q2 24
65.9%
-6.0%
Net Margin
EWBC
EWBC
PSTG
PSTG
Q1 26
46.2%
Q4 25
54.2%
5.7%
Q3 25
54.4%
5.5%
Q2 25
50.3%
-1.8%
Q1 25
48.4%
4.8%
Q4 24
49.9%
7.7%
Q3 24
52.2%
4.7%
Q2 24
52.1%
-5.0%
EPS (diluted)
EWBC
EWBC
PSTG
PSTG
Q1 26
$2.57
Q4 25
$2.55
$0.16
Q3 25
$2.65
$0.14
Q2 25
$2.24
$-0.04
Q1 25
$2.08
$0.13
Q4 24
$2.10
$0.19
Q3 24
$2.14
$0.10
Q2 24
$2.06
$-0.11

Balance Sheet & Financial Strength

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

Metric
EWBC
EWBC
PSTG
PSTG
Cash + ST InvestmentsLiquidity on hand
$852.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$9.0B
$1.4B
Total Assets
$82.9B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EWBC
EWBC
PSTG
PSTG
Q1 26
Q4 25
$4.2B
$852.8M
Q3 25
$4.7B
$887.8M
Q2 25
$4.4B
$739.3M
Q1 25
$3.4B
$723.6M
Q4 24
$5.3B
$894.6M
Q3 24
$4.9B
$965.0M
Q2 24
$4.4B
$900.6M
Total Debt
EWBC
EWBC
PSTG
PSTG
Q1 26
Q4 25
$35.6M
Q3 25
$35.7M
Q2 25
$35.8M
Q1 25
$35.9M
Q4 24
$36.0M
Q3 24
$36.1M
Q2 24
$36.1M
Stockholders' Equity
EWBC
EWBC
PSTG
PSTG
Q1 26
$9.0B
Q4 25
$8.9B
$1.4B
Q3 25
$8.6B
$1.3B
Q2 25
$8.2B
$1.2B
Q1 25
$7.9B
$1.3B
Q4 24
$7.7B
$1.4B
Q3 24
$7.7B
$1.5B
Q2 24
$7.2B
$1.4B
Total Assets
EWBC
EWBC
PSTG
PSTG
Q1 26
$82.9B
Q4 25
$80.4B
$4.2B
Q3 25
$79.7B
$4.0B
Q2 25
$78.2B
$3.8B
Q1 25
$76.2B
$4.0B
Q4 24
$76.0B
$3.9B
Q3 24
$74.5B
$3.8B
Q2 24
$72.5B
$3.6B
Debt / Equity
EWBC
EWBC
PSTG
PSTG
Q1 26
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.01×

Cash Flow & Capital Efficiency

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

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EWBC
EWBC
PSTG
PSTG
Q1 26
Q4 25
$713.4M
$116.0M
Q3 25
$231.7M
$212.2M
Q2 25
$278.7M
$283.9M
Q1 25
$277.9M
$208.5M
Q4 24
$500.1M
$97.0M
Q3 24
$386.1M
$226.6M
Q2 24
$259.2M
$221.5M
Free Cash Flow
EWBC
EWBC
PSTG
PSTG
Q1 26
Q4 25
$52.6M
Q3 25
$150.1M
Q2 25
$211.6M
Q1 25
$152.4M
Q4 24
$35.2M
Q3 24
$166.6M
Q2 24
$172.7M
FCF Margin
EWBC
EWBC
PSTG
PSTG
Q1 26
Q4 25
5.5%
Q3 25
17.4%
Q2 25
27.2%
Q1 25
17.3%
Q4 24
4.2%
Q3 24
21.8%
Q2 24
24.9%
Capex Intensity
EWBC
EWBC
PSTG
PSTG
Q1 26
Q4 25
6.6%
Q3 25
7.2%
Q2 25
9.3%
Q1 25
6.4%
Q4 24
7.4%
Q3 24
7.9%
Q2 24
7.0%
Cash Conversion
EWBC
EWBC
PSTG
PSTG
Q1 26
Q4 25
2.00×
2.12×
Q3 25
0.63×
4.50×
Q2 25
0.90×
Q1 25
0.96×
4.91×
Q4 24
1.71×
1.52×
Q3 24
1.29×
6.35×
Q2 24
0.90×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EWBC
EWBC

Segment breakdown not available.

PSTG
PSTG

US$683.2M71%
Non Us$281.3M29%

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