Everpure, Inc. (PSTG) Form 10-Q — Jun 5, 2026
Everpure, Inc. (formerly Pure Storage) reported first-quarter fiscal 2027 results showing a strong turnaround, with total revenue rising 35% year-over-year to $1.05 billion and net income reaching $24.1 million compared to a $14.0 million loss in the prior year. Product revenue surged 55% to $576.5 million, driven by increased demand for FlashArray and FlashBlade solutions, while subscription services revenue grew 17% to $476.4 million. The company achieved a 69% total gross margin, with product gross margin expanding to 65% from 62% due to price increases and favorable mix shifts.
Key figures
- Eps
- 0.07
- Revenue
- 1052896000
- Net Income
- 24078000
- Total Debt
- 0
- Revenue Yoy
- 35%
- Cash Position
- 1504749000
- Deal Value Usd
- 125000000
- Shares Outstanding
- 332404932
- Operating Income
- 19939000
- Subscription Arr
- 2036441000
- Total Gross Margin
- 69%
- Product Gross Margin
- 65%
- Share Repurchases Q1
- 84103000
- Subscription Arr Growth
- 19%
- Subscription Gross Margin
- 74%
- Remaining Performance Obligations
- 3800000000
- Repurchase Authorization Remaining
- 244900000
Price after filing
Close on the filing date to close N calendar days later (from $78.51). Historical, not a forecast.
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