Companies /Technology

Everpure, Inc.

NYSE: P Computer Hardware
$99.90
▼ $9.00 (−8.26%) today
Markets open · 2:13pm ET

Q1 2027 Earnings

Reported May 27, 2026, 4:06pm ET · SEC source
$0.47
Beat +18.87%
EPS · est. $0.40
$1.1B
Beat +4.85%
Revenue · est. $1.0B
+8.9%
Beating market
P vs S&P since report
6 quarters
Consecutive EPS beats

Market Reaction

% change · around the report
−8%0+8%+16%May 27May 28report 4:06pm ETearnings+0.6%−3.4%
−8%0+8%+16%May 27May 28earnings+0.6%−3.4%
P −3.4%S&P 500 +0.6%
−8%0+8%+16%May 27May 28report 4:06pm ETearnings+0.8%−3.4%
−8%0+8%+16%May 27May 28earnings+0.8%−3.4%
P −3.4%NASDAQ +0.8%
−7%0+7%May 26Jun 4report 4:06pm ETearnings+0.5%−2.2%
−7%0+7%May 26Jun 4earnings+0.5%−2.2%
P −2.2%S&P 500 +0.5%
−7%0+7%May 26Jun 4report 4:06pm ETearnings+1.0%−2.2%
−7%0+7%May 26Jun 4earnings+1.0%−2.2%
P −2.2%NASDAQ +1.0%
−14.81%
Day of report
+8.86%
Next session
+7.49%
One week
+7.87%
30 days

S&P 500 over the same 30 days: −1.04%.

Did P Beat Earnings? Q1 2027 Results

Everpure, Inc. posted a strong first quarter for fiscal 2027, beating Wall Street expectations on both the top and bottom lines as the newly rebranded enterprise data management company demonstrated the early payoff of its strategic expansion. Non-GAAP earnings came in at $0.47 per diluted share, ahead of the $0.40 consensus estimate by 18.87%, while revenue climbed 35.3% year-over-year to $1.05 billion, topping the $1.00 billion consensus by 4.85%. The primary engine behind the outperformance was a 55% surge in product revenue to $576.54 million, complemented by 17% growth in subscription services to $476.35 million, pushing subscription ARR to $2.00 billion. The company also posted GAAP net income of $24.08 million, compared to a loss of $13.99 million in the year-ago quarter. Looking ahead, management raised its full-year FY27 revenue outlook to $4.41 billion to $4.51 billion, representing 20% to 23% growth, while lifting non-GAAP operating income guidance to $820 million to $860 million.

Key Takeaways
  • 55% year-over-year product revenue growth driven by broad-based demand for Everpure solutions
  • Subscription ARR reached $2 billion, up 19% year-over-year
  • Remaining performance obligations (RPO) grew 41% year-over-year to $3.8 billion
  • Non-GAAP operating margin expanded to 15.1% from 10.6% year-over-year
  • Strong execution in challenging supply chain environment

“Q1 was another outstanding quarter, reflecting the deepening trust customers place in Everpure to unlock their most valuable asset—their data. As we expand our Enterprise Data Cloud vision with the integration of 1touch, we are uniquely positioned to help enterprises eliminate infrastructure friction and activate their data for the AI era.”

P CEO, on the earnings call

Forward Guidance & Outlook

Everpure raised its full-year FY27 guidance: revenue is now expected at $4.41B to $4.51B (previously $4.3B to $4.4B), representing 20% to 23% YoY growth. Non-GAAP operating income is now guided at $820M to $860M (previously $780M to $820M), with 29% to 36% YoY growth. For Q2 FY27, the company expects revenue of $1.095B to $1.105B (27%-28% YoY growth), and non-GAAP operating income of $195M to $205M (50%-58% YoY growth).

P YoY Financials

Q1 2027 vs Q1 2026 · SEC filings Q1 2026 Q1 2027
$0$300.0M$600.0M$900.0M$778.5M$1.1BRevenue$536.2M$723.3MGross Profit$7.6M$19.9MOperating Income$6.5M$24.1MNet Income
$0$300.0M$600.0M$900.0MRevenueGross ProfitOperating IncomeNet Income

P Revenue by Segment

Product$576.5M+55.0%
Subscription Services$476.4M+17.0%

Figures from SEC filings and company reports. Not investment advice.