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Side-by-side financial comparison of Primerica, Inc. (PRI) 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 $853.7M, roughly 1.1× Primerica, Inc.). Primerica, Inc. runs the higher net margin — 23.1% vs 5.7%, a 17.4% gap on every dollar of revenue. On growth, Pure Storage, Inc. posted the faster year-over-year revenue change (16.0% vs 11.0%). Over the past eight quarters, Pure Storage, Inc.'s revenue compounded faster (10.5% CAGR vs 7.2%).

Primerica, Inc. is a multi-level marketing company that provides insurance, investment and financial services to middle-income families in the United States and Canada.

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 ...

PRI vs PSTG — Head-to-Head

Bigger by revenue
PSTG
PSTG
1.1× larger
PSTG
$964.5M
$853.7M
PRI
Growing faster (revenue YoY)
PSTG
PSTG
+5.0% gap
PSTG
16.0%
11.0%
PRI
Higher net margin
PRI
PRI
17.4% more per $
PRI
23.1%
5.7%
PSTG
Faster 2-yr revenue CAGR
PSTG
PSTG
Annualised
PSTG
10.5%
7.2%
PRI

Income Statement — Q4 FY2025 vs Q3 FY2026

Metric
PRI
PRI
PSTG
PSTG
Revenue
$853.7M
$964.5M
Net Profit
$197.0M
$54.8M
Gross Margin
72.3%
Operating Margin
28.9%
5.6%
Net Margin
23.1%
5.7%
Revenue YoY
11.0%
16.0%
Net Profit YoY
17.9%
-13.9%
EPS (diluted)
$6.11
$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
PRI
PRI
PSTG
PSTG
Q4 25
$853.7M
$964.5M
Q3 25
$839.9M
$861.0M
Q2 25
$793.3M
$778.5M
Q1 25
$804.8M
$879.8M
Q4 24
$768.8M
$831.1M
Q3 24
$774.1M
$763.8M
Q2 24
$803.4M
$693.5M
Q1 24
$742.8M
$789.8M
Net Profit
PRI
PRI
PSTG
PSTG
Q4 25
$197.0M
$54.8M
Q3 25
$206.8M
$47.1M
Q2 25
$178.3M
$-14.0M
Q1 25
$169.1M
$42.4M
Q4 24
$167.1M
$63.6M
Q3 24
$164.4M
$35.7M
Q2 24
$1.2M
$-35.0M
Q1 24
$137.9M
$65.4M
Gross Margin
PRI
PRI
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
98.0%
71.5%
Q1 24
98.2%
72.0%
Operating Margin
PRI
PRI
PSTG
PSTG
Q4 25
28.9%
5.6%
Q3 25
32.3%
0.6%
Q2 25
29.6%
-4.0%
Q1 25
27.5%
4.8%
Q4 24
64.7%
7.2%
Q3 24
32.9%
3.3%
Q2 24
1.0%
-6.0%
Q1 24
24.1%
7.3%
Net Margin
PRI
PRI
PSTG
PSTG
Q4 25
23.1%
5.7%
Q3 25
24.6%
5.5%
Q2 25
22.5%
-1.8%
Q1 25
21.0%
4.8%
Q4 24
21.7%
7.7%
Q3 24
21.2%
4.7%
Q2 24
0.1%
-5.0%
Q1 24
18.6%
8.3%
EPS (diluted)
PRI
PRI
PSTG
PSTG
Q4 25
$6.11
$0.16
Q3 25
$6.35
$0.14
Q2 25
$5.40
$-0.04
Q1 25
$5.05
$0.13
Q4 24
$4.92
$0.19
Q3 24
$4.83
$0.10
Q2 24
$0.03
$-0.11
Q1 24
$3.93
$0.22

Balance Sheet & Financial Strength

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

Metric
PRI
PRI
PSTG
PSTG
Cash + ST InvestmentsLiquidity on hand
$756.2M
$852.8M
Total DebtLower is stronger
Stockholders' EquityBook value
$2.4B
$1.4B
Total Assets
$15.0B
$4.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRI
PRI
PSTG
PSTG
Q4 25
$756.2M
$852.8M
Q3 25
$644.9M
$887.8M
Q2 25
$621.2M
$739.3M
Q1 25
$625.1M
$723.6M
Q4 24
$687.8M
$894.6M
Q3 24
$550.1M
$965.0M
Q2 24
$627.3M
$900.6M
Q1 24
$593.4M
$702.5M
Stockholders' Equity
PRI
PRI
PSTG
PSTG
Q4 25
$2.4B
$1.4B
Q3 25
$2.3B
$1.3B
Q2 25
$2.3B
$1.2B
Q1 25
$2.3B
$1.3B
Q4 24
$2.3B
$1.4B
Q3 24
$1.9B
$1.5B
Q2 24
$2.1B
$1.4B
Q1 24
$2.2B
$1.3B
Total Assets
PRI
PRI
PSTG
PSTG
Q4 25
$15.0B
$4.2B
Q3 25
$14.8B
$4.0B
Q2 25
$14.8B
$3.8B
Q1 25
$14.6B
$4.0B
Q4 24
$14.6B
$3.9B
Q3 24
$14.8B
$3.8B
Q2 24
$14.6B
$3.6B
Q1 24
$14.9B
$3.7B

Cash Flow & Capital Efficiency

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

Metric
PRI
PRI
PSTG
PSTG
Operating Cash FlowLast quarter
$338.2M
$116.0M
Free Cash FlowOCF − Capex
$52.6M
FCF MarginFCF / Revenue
5.5%
Capex IntensityCapex / Revenue
6.6%
Cash ConversionOCF / Net Profit
1.72×
2.12×
TTM Free Cash FlowTrailing 4 quarters
$566.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRI
PRI
PSTG
PSTG
Q4 25
$338.2M
$116.0M
Q3 25
$202.9M
$212.2M
Q2 25
$162.6M
$283.9M
Q1 25
$197.5M
$208.5M
Q4 24
$270.6M
$97.0M
Q3 24
$207.3M
$226.6M
Q2 24
$173.3M
$221.5M
Q1 24
$210.9M
$244.4M
Free Cash Flow
PRI
PRI
PSTG
PSTG
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
Q1 24
$200.9M
FCF Margin
PRI
PRI
PSTG
PSTG
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%
Q1 24
25.4%
Capex Intensity
PRI
PRI
PSTG
PSTG
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%
Q1 24
5.5%
Cash Conversion
PRI
PRI
PSTG
PSTG
Q4 25
1.72×
2.12×
Q3 25
0.98×
4.50×
Q2 25
0.91×
Q1 25
1.17×
4.91×
Q4 24
1.62×
1.52×
Q3 24
1.26×
6.35×
Q2 24
147.98×
Q1 24
1.53×
3.74×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRI
PRI

Revenues From Sources Other Than Contracts With Customers$445.9M52%
Investment And Savings Products Segment Revenues$340.3M40%
Other$56.5M7%
Segment Revenues From Contracts With Customers$11.0M1%

PSTG
PSTG

US$683.2M71%
Non Us$281.3M29%

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