Everpure(NYSE) P

Everpure, Inc. helps large companies store and manage digital information. It makes fast hardware and software to keep data safe. These tools help businesses run artificial intelligence and cloud apps.

Storage and Management Solutions

• Storage Hardware: Flash-based systems including the FlashArray and FlashBlade lines for storing large volumes of digital information.
• Subscription Services: Flexible consumption plans including the Evergreen and Portworx portfolios that allow customers to pay for storage as they use it.
• The Everpure Platform: Integrated software that manages data across on-premises, public cloud, and edge environments through a single storage layer.
• DirectFlash Architecture: Specialized design that replaces standard solid-state drives to improve efficiency and reclaim power in data centers.

Expansion and Strategic Wins

• Acquired 1touch on May 7, 2026, to expand data security and automated discovery capabilities.
• Secured a design win with a second top-five hyperscaler, which refers to massive data center providers that operate at global scales.
• Introduced the Data-Primacy Architecture during the //Accelerate 2026 event to automate data governance and discovery.
• Expanded international operations, with revenue outside the United States growing 75% in the second quarter of fiscal 2027.

A Vision for the Modern Data Center

Everpure differentiates itself through an all-flash data center vision that addresses rising energy costs and space constraints. The company uses a unified platform to manage data across complex hybrid environments, helping organizations simplify their infrastructure as they adopt artificial intelligence.

Key Financial Facts

• Total revenue was $1.2 billion in the second quarter of fiscal 2027, up 38% year over year.
• Product revenue was $686.8 million in the second quarter of fiscal 2027, up 54% year over year.
• Subscription annualized recurring revenue ( a measure of the expected yearly value of all active contracts) reached $2.1 billion at the end of the second quarter of fiscal 2027, up 20% year over year.
• Remaining performance obligations, which represent contracted revenue not yet recognized, totaled $4.1 billion at the end of the second quarter of fiscal 2027.
• Cash, cash equivalents, and marketable securities totaled $1.0 billion at the end of the second quarter of fiscal 2027.

Evolution of the Data Center

Everpure has transitioned from a hardware provider to a software-led data management company. Its integrated platform helps organizations manage growing data volumes while reducing operational costs and energy consumption.