Everpure Q4 revenue rises 20%, beats expectations

Everpure

25/02/2026 21:25

Overview

Data management firm's fiscal Q4 revenue rose 20% yr/yr, beating analyst expectations

Adjusted operating income for Q4 slightly beat analyst expectations

Company's remaining performance obligations grew over 40% yr/yr

Outlook

Everpure expects FY27 revenue between $4.3 bln and $4.4 bln

Company anticipates Q1FY27 revenue between $990 mln and $1.01 bln

Everpure projects FY27 non-GAAP operating income between $780 mln and $820 mln

Result Drivers

SUBSCRIPTION SERVICES - Q4 subscription services revenue increased 14% yr/yr, contributing to overall revenue growth

PRODUCT INNOVATION - Introduction of new products like FlashBlade//EXA and collaboration with SK hynix supported revenue growth

Company press release: ID:nPnntDfTa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$1.10 bln
$1.03 bln (17 Analysts)
Q4 Adjusted Operating Income
Slight Beat*
$226 mln
$225.67 mln (16 Analysts)
Q4 Adjusted Gross Margin
71.40%
Q4 Adjusted Operating Margin
21.30%
Q4 Operating Cash Flow
$268 mln
Q4 Operating Income
$87 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy", 6 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the computer hardware peer group is "buy"

Wall Street's median 12-month price target for Pure Storage Inc is $92.00, about 35.9% above its February 24 closing price of $67.72

The stock recently traded at 30 times the next 12-month earnings vs. a P/E of 42 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)