NEW YORK, Feb 26, 2026, 05:57 EST — Premarket
Everpure shares climbed 6.2% to $78.15 ahead of the U.S. open Thursday. On Wednesday, the stock closed at $73.56, marking an 8.6% gain.
Everpure shares reacted right out of the gate after the company posted its fiscal fourth-quarter numbers and outlined new goals for the coming year. Executives pointed to strength among both enterprise and hyperscaler clients. For traders, the action boils down to a read on storage and data management demand—especially as more budget flows toward AI-focused initiatives.
Two numbers have taken center stage lately in the Everpure narrative: subscription annual recurring revenue (ARR), which reflects the annualized value of current subscription contracts, and remaining performance obligations (RPO), a gauge of contracted but unrecognized revenue. Everpure reported a 16% bump in subscription ARR, hitting $1.9 billion. RPO jumped even more — up 40% to $3.7 billion.
Everpure reported $1.1 billion in revenue for the quarter ended Feb. 1, a 20% jump from the prior year, according to its investor release. Full-year sales landed at $3.7 billion, reflecting a 16% increase. For the current quarter, the company sees revenue coming in between $990 million and $1.01 billion, and it’s guiding for $4.3 billion to $4.4 billion in fiscal 2027 revenue. Non-GAAP operating income for the quarter is projected between $125 million and $135 million — that figure excludes items like stock-based compensation.
Giancarlo dubbed this Everpure’s first “billion-dollar revenue quarter,” with CFO Tarek Robbiati noting the company is “proactively navigating” supply-chain imbalances headed into fiscal 2027. Management also highlighted ongoing product development and new partnerships linked to its Enterprise Data Cloud strategy, pointing to cloud and AI-focused releases and the just-announced acquisition of data orchestration outfit 1touch. Seeking Alpha
Investors are still tuned in to flash component price swings and the way those pressures hit margins when demand turns. Investor’s Business Daily picked up on worries about NAND costs climbing, also flagging that Everpure’s operating income guidance missed consensus, though sales projections were actually a bit better than expected. Over at Evercore ISI, analyst Amit Daryanani suggested the Everpure brand ought to “better reflect” the company’s move beyond just all-flash storage. Investors
Everpure continues to juggle the upfront sales of large systems with a growing tilt toward subscriptions and consumption-based contracts—revenue gets steadier, but the quarterly swings haven’t vanished. Hyperscaler appetite can give business a lift, then just as quickly turn into a timing puzzle.
Premarket trading boils it down: will investors back the fiscal 2027 growth targets, and can cost and supply bumps stay in check long enough for that backlog to actually turn into revenue?
The company will start trading as Everpure on March 5, sticking with its PSTG ticker, its earnings release shows. Executives have slots to speak at upcoming investor events in the next few days.
