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

Texas Roadhouse, Inc. is the larger business by last-quarter revenue ($1.5B vs $964.5M, roughly 1.5× Pure Storage, Inc.). Texas Roadhouse, Inc. runs the higher net margin — 5.8% vs 5.7%, a 0.2% gap on every dollar of revenue. On growth, Pure Storage, Inc. posted the faster year-over-year revenue change (16.0% vs 3.1%). Over the past eight quarters, Texas Roadhouse, Inc.'s revenue compounded faster (12.8% CAGR vs 10.5%).

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 ...

Texas Roadhouse is an American steakhouse chain that specializes in steaks in a Texan and Southwestern cuisine style. It is a subsidiary of Texas Roadhouse Inc, which has two other concepts and is headquartered in Louisville, Kentucky. As of August 2025, the chain operates about 800 locations in 49 U.S. states and 70 international locations in 11 countries.

PSTG vs TXRH — Head-to-Head

Bigger by revenue
TXRH
TXRH
1.5× larger
TXRH
$1.5B
$964.5M
PSTG
Growing faster (revenue YoY)
PSTG
PSTG
+13.0% gap
PSTG
16.0%
3.1%
TXRH
Higher net margin
TXRH
TXRH
0.2% more per $
TXRH
5.8%
5.7%
PSTG
Faster 2-yr revenue CAGR
TXRH
TXRH
Annualised
TXRH
12.8%
10.5%
PSTG

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
PSTG
PSTG
TXRH
TXRH
Revenue
$964.5M
$1.5B
Net Profit
$54.8M
$86.7M
Gross Margin
72.3%
Operating Margin
5.6%
6.5%
Net Margin
5.7%
5.8%
Revenue YoY
16.0%
3.1%
Net Profit YoY
-13.9%
-26.9%
EPS (diluted)
$0.16
$1.29

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
PSTG
PSTG
TXRH
TXRH
Q4 25
$964.5M
$1.5B
Q3 25
$861.0M
$1.4B
Q2 25
$778.5M
$1.4B
Q1 25
$879.8M
Q4 24
$831.1M
$1.4B
Q3 24
$763.8M
$1.3B
Q2 24
$693.5M
$1.3B
Q1 24
$789.8M
$1.3B
Net Profit
PSTG
PSTG
TXRH
TXRH
Q4 25
$54.8M
$86.7M
Q3 25
$47.1M
$84.9M
Q2 25
$-14.0M
$116.1M
Q1 25
$42.4M
Q4 24
$63.6M
$118.5M
Q3 24
$35.7M
$86.8M
Q2 24
$-35.0M
$123.1M
Q1 24
$65.4M
$116.0M
Gross Margin
PSTG
PSTG
TXRH
TXRH
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
PSTG
PSTG
TXRH
TXRH
Q4 25
5.6%
6.5%
Q3 25
0.6%
6.7%
Q2 25
-4.0%
9.3%
Q1 25
4.8%
Q4 24
7.2%
9.6%
Q3 24
3.3%
8.0%
Q2 24
-6.0%
10.6%
Q1 24
7.3%
10.1%
Net Margin
PSTG
PSTG
TXRH
TXRH
Q4 25
5.7%
5.8%
Q3 25
5.5%
5.9%
Q2 25
-1.8%
8.0%
Q1 25
4.8%
Q4 24
7.7%
8.2%
Q3 24
4.7%
6.8%
Q2 24
-5.0%
9.2%
Q1 24
8.3%
8.8%
EPS (diluted)
PSTG
PSTG
TXRH
TXRH
Q4 25
$0.16
$1.29
Q3 25
$0.14
$1.25
Q2 25
$-0.04
$1.70
Q1 25
$0.13
Q4 24
$0.19
$1.73
Q3 24
$0.10
$1.26
Q2 24
$-0.11
$1.79
Q1 24
$0.22
$1.69

Balance Sheet & Financial Strength

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

Metric
PSTG
PSTG
TXRH
TXRH
Cash + ST InvestmentsLiquidity on hand
$852.8M
$134.7M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
$1.5B
Total Assets
$4.2B
$3.5B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PSTG
PSTG
TXRH
TXRH
Q4 25
$852.8M
$134.7M
Q3 25
$887.8M
$108.2M
Q2 25
$739.3M
$221.1M
Q1 25
$723.6M
Q4 24
$894.6M
$245.2M
Q3 24
$965.0M
$189.2M
Q2 24
$900.6M
$197.5M
Q1 24
$702.5M
$213.4M
Stockholders' Equity
PSTG
PSTG
TXRH
TXRH
Q4 25
$1.4B
$1.5B
Q3 25
$1.3B
$1.5B
Q2 25
$1.2B
$1.4B
Q1 25
$1.3B
Q4 24
$1.4B
$1.4B
Q3 24
$1.5B
$1.3B
Q2 24
$1.4B
$1.3B
Q1 24
$1.3B
$1.2B
Total Assets
PSTG
PSTG
TXRH
TXRH
Q4 25
$4.2B
$3.5B
Q3 25
$4.0B
$3.3B
Q2 25
$3.8B
$3.2B
Q1 25
$4.0B
Q4 24
$3.9B
$3.2B
Q3 24
$3.8B
$2.9B
Q2 24
$3.6B
$2.9B
Q1 24
$3.7B
$2.8B

Cash Flow & Capital Efficiency

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

Metric
PSTG
PSTG
TXRH
TXRH
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
PSTG
PSTG
TXRH
TXRH
Q4 25
$116.0M
Q3 25
$212.2M
$143.6M
Q2 25
$283.9M
$237.7M
Q1 25
$208.5M
Q4 24
$97.0M
$237.5M
Q3 24
$226.6M
$138.7M
Q2 24
$221.5M
$133.9M
Q1 24
$244.4M
$243.4M
Free Cash Flow
PSTG
PSTG
TXRH
TXRH
Q4 25
$52.6M
Q3 25
$150.1M
$14.7M
Q2 25
$211.6M
$160.4M
Q1 25
$152.4M
Q4 24
$35.2M
$129.7M
Q3 24
$166.6M
$47.7M
Q2 24
$172.7M
$56.1M
Q1 24
$200.9M
$165.8M
FCF Margin
PSTG
PSTG
TXRH
TXRH
Q4 25
5.5%
Q3 25
17.4%
1.0%
Q2 25
27.2%
11.1%
Q1 25
17.3%
Q4 24
4.2%
9.0%
Q3 24
21.8%
3.7%
Q2 24
24.9%
4.2%
Q1 24
25.4%
12.5%
Capex Intensity
PSTG
PSTG
TXRH
TXRH
Q4 25
6.6%
Q3 25
7.2%
9.0%
Q2 25
9.3%
5.3%
Q1 25
6.4%
Q4 24
7.4%
7.5%
Q3 24
7.9%
7.2%
Q2 24
7.0%
5.8%
Q1 24
5.5%
5.9%
Cash Conversion
PSTG
PSTG
TXRH
TXRH
Q4 25
2.12×
Q3 25
4.50×
1.69×
Q2 25
2.05×
Q1 25
4.91×
Q4 24
1.52×
2.00×
Q3 24
6.35×
1.60×
Q2 24
1.09×
Q1 24
3.74×
2.10×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PSTG
PSTG

US$683.2M71%
Non Us$281.3M29%

TXRH
TXRH

Food And Beverage$1.5B99%
Texas Roadhouse Segment$21.2M1%
Franchise$8.2M1%
Franchise Royalty$7.4M0%
Bubba S33Segment$2.3M0%

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