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Side-by-side financial comparison of OLD NATIONAL BANCORP (ONB) 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 $702.8M, roughly 1.4× OLD NATIONAL BANCORP). OLD NATIONAL BANCORP runs the higher net margin — 33.3% vs 5.7%, a 27.6% gap on every dollar of revenue. On growth, OLD NATIONAL BANCORP posted the faster year-over-year revenue change (44.4% vs 16.0%). Over the past eight quarters, OLD NATIONAL BANCORP's revenue compounded faster (34.5% CAGR vs 10.5%).

Old National Bank is an American regional bank with nearly 200 retail branches operated by Old National Bancorp and based in Chicago and Evansville, Indiana. With assets at $48.5 billion and 250 banking centers, Old National Bancorp is the largest financial services bank holding company headquartered in Indiana and one of the top 30 banking companies in the U.S. Old National Bank has locations in Illinois, Indiana, Iowa, Kentucky, Michigan, Minnesota, Tennessee, and Wisconsin.

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 ...

ONB vs PSTG — Head-to-Head

Bigger by revenue
PSTG
PSTG
1.4× larger
PSTG
$964.5M
$702.8M
ONB
Growing faster (revenue YoY)
ONB
ONB
+28.3% gap
ONB
44.4%
16.0%
PSTG
Higher net margin
ONB
ONB
27.6% more per $
ONB
33.3%
5.7%
PSTG
Faster 2-yr revenue CAGR
ONB
ONB
Annualised
ONB
34.5%
10.5%
PSTG

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
ONB
ONB
PSTG
PSTG
Revenue
$702.8M
$964.5M
Net Profit
$233.7M
$54.8M
Gross Margin
72.3%
Operating Margin
5.6%
Net Margin
33.3%
5.7%
Revenue YoY
44.4%
16.0%
Net Profit YoY
61.5%
-13.9%
EPS (diluted)
$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
ONB
ONB
PSTG
PSTG
Q1 26
$702.8M
Q4 25
$580.8M
$964.5M
Q3 25
$574.6M
$861.0M
Q2 25
$514.8M
$778.5M
Q1 25
$387.6M
$879.8M
Q4 24
$394.2M
$831.1M
Q3 24
$391.7M
$763.8M
Q2 24
$388.4M
$693.5M
Net Profit
ONB
ONB
PSTG
PSTG
Q1 26
$233.7M
Q4 25
$216.6M
$54.8M
Q3 25
$182.6M
$47.1M
Q2 25
$125.4M
$-14.0M
Q1 25
$144.7M
$42.4M
Q4 24
$153.9M
$63.6M
Q3 24
$143.8M
$35.7M
Q2 24
$121.2M
$-35.0M
Gross Margin
ONB
ONB
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
ONB
ONB
PSTG
PSTG
Q1 26
Q4 25
46.7%
5.6%
Q3 25
40.5%
0.6%
Q2 25
30.2%
-4.0%
Q1 25
46.8%
4.8%
Q4 24
47.2%
7.2%
Q3 24
47.2%
3.3%
Q2 24
40.3%
-6.0%
Net Margin
ONB
ONB
PSTG
PSTG
Q1 26
33.3%
Q4 25
37.3%
5.7%
Q3 25
31.8%
5.5%
Q2 25
24.4%
-1.8%
Q1 25
37.3%
4.8%
Q4 24
39.0%
7.7%
Q3 24
36.7%
4.7%
Q2 24
31.2%
-5.0%
EPS (diluted)
ONB
ONB
PSTG
PSTG
Q1 26
Q4 25
$0.55
$0.16
Q3 25
$0.46
$0.14
Q2 25
$0.34
$-0.04
Q1 25
$0.44
$0.13
Q4 24
$0.47
$0.19
Q3 24
$0.44
$0.10
Q2 24
$0.37
$-0.11

Balance Sheet & Financial Strength

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

Metric
ONB
ONB
PSTG
PSTG
Cash + ST InvestmentsLiquidity on hand
$852.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$8.5B
$1.4B
Total Assets
$73.0B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ONB
ONB
PSTG
PSTG
Q1 26
Q4 25
$1.8B
$852.8M
Q3 25
$1.7B
$887.8M
Q2 25
$1.8B
$739.3M
Q1 25
$1.2B
$723.6M
Q4 24
$1.2B
$894.6M
Q3 24
$1.2B
$965.0M
Q2 24
$1.2B
$900.6M
Stockholders' Equity
ONB
ONB
PSTG
PSTG
Q1 26
$8.5B
Q4 25
$8.5B
$1.4B
Q3 25
$8.3B
$1.3B
Q2 25
$8.1B
$1.2B
Q1 25
$6.5B
$1.3B
Q4 24
$6.3B
$1.4B
Q3 24
$6.4B
$1.5B
Q2 24
$6.1B
$1.4B
Total Assets
ONB
ONB
PSTG
PSTG
Q1 26
$73.0B
Q4 25
$72.2B
$4.2B
Q3 25
$71.2B
$4.0B
Q2 25
$71.0B
$3.8B
Q1 25
$53.9B
$4.0B
Q4 24
$53.6B
$3.9B
Q3 24
$53.6B
$3.8B
Q2 24
$53.1B
$3.6B

Cash Flow & Capital Efficiency

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

Metric
ONB
ONB
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
ONB
ONB
PSTG
PSTG
Q1 26
Q4 25
$159.2M
$116.0M
Q3 25
$341.2M
$212.2M
Q2 25
$72.9M
$283.9M
Q1 25
$108.2M
$208.5M
Q4 24
$235.8M
$97.0M
Q3 24
$121.3M
$226.6M
Q2 24
$161.0M
$221.5M
Free Cash Flow
ONB
ONB
PSTG
PSTG
Q1 26
Q4 25
$137.3M
$52.6M
Q3 25
$333.6M
$150.1M
Q2 25
$64.1M
$211.6M
Q1 25
$102.4M
$152.4M
Q4 24
$229.0M
$35.2M
Q3 24
$115.7M
$166.6M
Q2 24
$151.6M
$172.7M
FCF Margin
ONB
ONB
PSTG
PSTG
Q1 26
Q4 25
23.6%
5.5%
Q3 25
58.1%
17.4%
Q2 25
12.4%
27.2%
Q1 25
26.4%
17.3%
Q4 24
58.1%
4.2%
Q3 24
29.5%
21.8%
Q2 24
39.0%
24.9%
Capex Intensity
ONB
ONB
PSTG
PSTG
Q1 26
Q4 25
3.8%
6.6%
Q3 25
1.3%
7.2%
Q2 25
1.7%
9.3%
Q1 25
1.5%
6.4%
Q4 24
1.7%
7.4%
Q3 24
1.4%
7.9%
Q2 24
2.4%
7.0%
Cash Conversion
ONB
ONB
PSTG
PSTG
Q1 26
Q4 25
0.73×
2.12×
Q3 25
1.87×
4.50×
Q2 25
0.58×
Q1 25
0.75×
4.91×
Q4 24
1.53×
1.52×
Q3 24
0.84×
6.35×
Q2 24
1.33×

Financial Flow Comparison

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

Revenue Breakdown by Segment

ONB
ONB

Segment breakdown not available.

PSTG
PSTG

US$683.2M71%
Non Us$281.3M29%

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