Everpure: Fiscal 4Q26 and FY26 Financial Results

• Full year 2026 revenue surpasses $3.6 billion, representing growth of 16% YoY
• Delivers over $1 Billion in Q4 revenue, representing growth of 20% YoY
• Q4 remaining performance obligations (RPO) growth of over 40% YoY

Everpure, a company revolutionizing storage and data management, announced financial results for its fiscal fourth quarter and full year 2026 ended February 1, 2026.“Everpure delivered an outstanding fourth quarter, achieving our first billion-dollar revenue quarter and capping off a strong fiscal year,” said Charles Giancarlo, chairman and CEO of Everpure. “These results prove our impact in modernizing data storage. Our new name ‘Everpure’ represents the next step in our mission – enabling our customers to better manage and utilize their global data in the AI era.”

Fourth Quarter and Full Year Financial Highlights

• Q4 revenue $1.1 billion, up 20% YoY
• Full-year revenue $3.7 billion, up 16% YoY
• Q4 subscription services revenue $440 million, up 14% YoY
• Full-year subscription services revenue $1.7 billion, up 15% YoY
• Q4 subscription annual recurring revenue (ARR) $1.9 billion, up 16% YoY
• Remaining performance obligations (RPO) $3.7 billion, up 40% YoY
• Q4 GAAP gross margin 69.9%; non-GAAP gross margin 71.4%
• Full-year GAAP gross margin 70.4%; non-GAAP gross margin 72.1%
• Q4 GAAP operating income $87 million; non-GAAP operating income $226 million
• Full-year GAAP operating income $115 million; non-GAAP operating income $635 million
• Q4 GAAP operating margin 8.2%; non-GAAP operating margin 21.3%
• Full-year GAAP operating margin 3.1%; non-GAAP operating margin 17.3%
• Q4 operating cash flow $268 million; free cash flow $201 million
• Full-year operating cash flow $880 million; free cash flow $616 million
• Total cash, cash equivalents, and marketable securities $1.5 billion
• Returned approximately $127 million and $343 million in Q4 and FY26, respectively, to stockholders through share repurchases of 1.7 million shares and 5.6 million shares, respectively.

“In the fourth quarter, we generated record revenue and operating profit, exceeding the high end of our guidance,” said Tarek Robbiati, CFO, Everpure. “We are entering FY27 with strong momentum as demand for our Everpure solutions across the Enterprise and Hyperscaler sectors remains robust. We are proactively navigating the global imbalances in the supply chain and are confident in our ability to deliver on our priorities this year.”

Q4 and Full Year Company Highlights

Powering Data Management at Scale

• Introduced the Enterprise Data Cloud (EDC), an industry-changing architecture that allows organizations to centrally manage a virtualized cloud of data with unified control – spanning on-premises, public cloud, and hybrid – enabling intelligent, autonomous data management and governance across the entire environment
• Expanded EDC into the public cloud with Everpure Cloud Azure Native, developed jointly with Microsoft – the industry’s first fully managed, enterprise-grade block volume as a service
• Delivered an intelligent control plane, powered by Everpure Fusion and AI Copilot, including Pure1 AI Copilot with Model Context Protocol (MCP) servers
• Bridged the gap between traditional and modern applications with the integration of Portworx by Everpure and Fusion, extending powerful fleet management capabilities to modern containerized cloud-native applications and KubeVirt-based VMs across any environment
• Recently announced a definitive agreement to acquire 1touch, which will further extend our EDC into advanced data management, bringing data discovery, classification, contextualization, and enrichment capabilities to all data in any environment

Delivering Performance at Any Scale

• Debuted FlashBlade//EXA, designed to meet the rigorous demands of AI and high-performance computing, delivering unmatched performance, scalability, and metadata management
• Introduced next-gen storage products, including FlashArray//XL and FlashArray//ST, built to support high-performance and scalable workloads across diverse enterprise use cases and offering unified block, file, and object storage capabilities
• Continued the evolution of the FlashArray family with FlashArray//XL190 R5, FlashArray//X R5, and FlashArray//C R5; also launched the next-gen FlashBlade//S; and introduced Purity Turbo, a new capability within the Purity operating environment
• Partnered with SK hynix to deliver advanced QLC flash storage tailored to hyperscale data centers

Industry Recognition & Accolades

• Earned an audited Net Promoter Score of 84 – one of the highest in industry
• Named a Leader in the 2025 Gartner Magic Quadrant for Enterprise Storage Platforms, positioned highest in execution and furthest in vision
• Named a Leader in the 2025 Gartner Magic Quadrant for Infrastructure Platform Consumption Services
• Positioned in the Leaders category in the IDC MarketScape: Worldwide Hardware Support Services 2025 Vendor Assessment report
• Named a Leader in the 2025 Coldago Map 2025 for Object Storage
• Named a Leader in the 2025 Coldago Map 2025 for File Storage