Everpure Announces Fiscal Fourth Quarter and Full Year 2026 Financial Results

Core Insights - Everpure reported a fiscal fourth quarter revenue of over $1 billion, marking a 20% year-over-year growth, and a full-year revenue exceeding $3.6 billion, representing a 16% increase year-over-year [1][2] Financial Highlights - Q4 remaining performance obligations (RPO) grew by over 40% year-over-year, reaching $3.7 billion [1] - Full-year operating cash flow was $880 million, with free cash flow at $616 million [1] - Q4 GAAP operating margin was 8.2%, while non-GAAP operating margin was 21.3% [1] - Full-year GAAP gross margin stood at 70.4%, with non-GAAP gross margin at 72.1% [1] Shareholder Returns - The company returned approximately $127 million to stockholders in Q4 through share repurchases of 1.7 million shares, and $343 million for the full year through repurchases of 5.6 million shares [1] Strategic Initiatives - Everpure announced the acquisition of 1touch to enhance its Enterprise Data Cloud (EDC) capabilities [1] - The company integrated Portworx and Fusion to improve management capabilities for modern applications [1] - Everpure expanded its EDC into the public cloud with Everpure Cloud Azure Native, developed in partnership with Microsoft [1] Product Development - The company launched next-generation storage products, including FlashArray//XL190 R5 and FlashBlade//EXA, designed for high-performance computing and AI demands [1] - Everpure partnered with SK hynix to deliver advanced QLC flash storage tailored for hyperscale data centers [1] Industry Recognition - Everpure was named one of Fortune's "Best Workplaces in Technology 2025" and recognized in multiple industry innovation lists [1] - The company was positioned as a leader in the 2025 Gartner Magic Quadrant for Infrastructure Platform Consumption Services and Enterprise Storage Platforms [1] Future Guidance - For Q1 FY27, Everpure expects revenue between $990 million and $1.01 billion, with a year-over-year growth rate of 27% to 30% [1] - For FY27, the revenue guidance is set between $4.3 billion and $4.4 billion, with a year-over-year growth rate of 17% to 20% [1]