Everpure, Inc.

Everpure, the company formerly known as Pure Storage, capped a landmark quarter by crossing the $1 billion revenue threshold for the first time, reporting Q4 FY2026 revenue of $1.06 billion, up 20.4% year-over-year and ahead of the $1.03 billion consensus by 2.58%. Non-GAAP diluted EPS came in at $0.69, beating the $0.64 estimate by 7.81%, as non-GAAP operating income surged to $225.69 million from $153.09 million a year earlier, expanding operating margins to 21.3%. The primary engine behind the outperformance was robust demand across Enterprise and Hyperscaler sectors, with subscription ARR climbing 16% to $1.90 billion and remaining performance obligations rising over 40% to $3.70 billion, signaling durable future revenue. The quarter coincided with the company's strategic rebranding and introduction of its Enterprise Data Cloud architecture, moves that drew mixed investor reaction despite strong fundamentals, with some <a href="https://247wallst.com/investing/2026/01/29/live-will-western-digital-rally-after-q2-earnings-tonight/">watching the broader storage sector</a> closely. Looking ahead, management guided full-year FY27 revenue of $4.30 billion to $4.40 billion, representing 17% to 20% growth.