Everpure Reports Record Q4 2026 Earnings with Strong Growth Momentum
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 hours ago
0mins
Should l Buy PSTG?
Source: seekingalpha
- Record Revenue: Everpure achieved over $1 billion in revenue for Q4 2026, marking a 20% year-over-year growth and culminating in a full-year revenue of $3.7 billion, indicating robust market demand and significant business growth potential.
- Product and Subscription Revenue Growth: Q4 product revenue reached $618 million, a 25% increase year-over-year, while subscription revenue stood at $440 million, contributing to a total of $1.69 billion for the year, showcasing the company's success in diversifying its revenue streams.
- Acquisition and Rebranding: The acquisition of 1touch aims to accelerate data governance and AI readiness, while the rebranding to Everpure reflects a strategic move to attract a broader set of strategic personas, highlighting the company's proactive approach to future growth.
- Optimistic Future Outlook: Management projects FY 2027 revenue between $4.3 billion and $4.4 billion, with operating profit expected between $780 million and $820 million, demonstrating strong confidence in future growth despite challenges posed by component cost volatility.
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Analyst Views on PSTG
Wall Street analysts forecast PSTG stock price to rise
20 Analyst Rating
14 Buy
5 Hold
1 Sell
Moderate Buy
Current: 67.720
Low
60.00
Averages
97.37
High
120.00
Current: 67.720
Low
60.00
Averages
97.37
High
120.00
About PSTG
Pure Storage, Inc. is a data management and storage company. The Company is focused on delivering a disruptive data storage platform, which supports a range of structured and unstructured data at scale and across any data workloads in on premises, cloud and hosted environments and includes mission-critical production, test and development, analytics, disaster recovery, backup and restore, artificial intelligence (AI) and machine learning. Its integrated hardware systems include Evergreen Architecture, FlashArray, and FlashBlade. Its cloud-native storage includes Portworx by Pure Storage, Portworx Data Services, Cloud Block Store, Evergreen//One, and Evergreen//Flex. Its Pure Software includes Purity, Pure1, and Pure Fusion. Its Pure1 is a cloud-based data storage management plane, brings the convenience of cloud storage to on premises storage. The Company sells its products and subscription services using a direct sales force and its channel partners.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Pure Storage Reports Significant Q4 Profit Growth
- Profit Growth: Pure Storage's Q4 net income reached $100.25 million, translating to earnings per share of $0.29, a significant increase from last year's $42.43 million and $0.12 per share, indicating a strong enhancement in the company's profitability.
- Adjusted Earnings: Excluding items, Pure Storage reported adjusted earnings of $238.85 million, or $0.69 per share, showcasing sustained growth and improved profitability in its core business operations.
- Revenue Increase: The company's Q4 revenue rose 19.3% to $1.05 billion, compared to $879.84 million last year, reflecting robust market demand that significantly boosted sales figures.
- Future Guidance: Pure Storage's revenue guidance for the next quarter is set between $0.99 billion and $1.01 billion, demonstrating the company's confidence in future performance and its expectation to continue benefiting from growth trends in the data storage market.
See More
Everpure Reports Record Q4 2026 Earnings with Strong Growth Momentum
- Record Revenue: Everpure achieved over $1 billion in revenue for Q4 2026, marking a 20% year-over-year growth and culminating in a full-year revenue of $3.7 billion, indicating robust market demand and significant business growth potential.
- Product and Subscription Revenue Growth: Q4 product revenue reached $618 million, a 25% increase year-over-year, while subscription revenue stood at $440 million, contributing to a total of $1.69 billion for the year, showcasing the company's success in diversifying its revenue streams.
- Acquisition and Rebranding: The acquisition of 1touch aims to accelerate data governance and AI readiness, while the rebranding to Everpure reflects a strategic move to attract a broader set of strategic personas, highlighting the company's proactive approach to future growth.
- Optimistic Future Outlook: Management projects FY 2027 revenue between $4.3 billion and $4.4 billion, with operating profit expected between $780 million and $820 million, demonstrating strong confidence in future growth despite challenges posed by component cost volatility.
See More
Everpure Reports Strong Q4 Results, Stock Jumps 7%
- Strong Earnings Report: Everpure, formerly Pure Storage, reported adjusted earnings per share of $0.69 for Q4 fiscal 2026, exceeding the $0.64 consensus estimate, indicating sustained profitability improvements.
- Significant Revenue Growth: The company achieved a 20% year-over-year revenue increase to $1.06 billion, surpassing the $1.03 billion estimate, reflecting robust performance and rising market demand in the data management sector.
- Optimistic Outlook: Everpure expects revenue for the current quarter to range from $990 million to $1.01 billion, exceeding the $920 million consensus, showcasing confidence in future growth prospects.
- Positive Annual Forecast: The company projects total revenue for fiscal 2027 between $4.3 billion and $4.4 billion, also above the $4.26 billion estimate, highlighting Everpure's ongoing impact in modern data storage and strategic growth potential.
See More
Dell and PURE Storage Options Trading Active
- Dell Options Volume: Dell Technologies' options are showing a trading volume of 37,015 contracts today, representing approximately 3.7 million underlying shares, which is 49.7% of its average daily trading volume of 7.4 million shares over the past month, indicating strong market interest in its future performance.
- High Strike Contracts: Among Dell's options, the $130 strike call option expiring on February 27, 2026, has seen 3,065 contracts traded today, equating to about 306,500 shares, suggesting bullish sentiment among investors at this price level.
- PURE Storage Options Volume: Concurrently, PURE Storage's options have recorded a volume of 16,284 contracts today, translating to approximately 1.6 million underlying shares, which constitutes 49.4% of its average daily trading volume of 3.3 million shares over the past month, reflecting investor interest in its stock.
- High Strike Contracts: For PURE Storage, the $80 strike call option expiring on March 20, 2026, has traded 4,137 contracts today, representing around 413,700 shares, indicating confidence in the company's future growth prospects.
See More
Market Rebounds as Salesforce and Amazon Draw Attention
- Software Stocks Rebound: Following Monday's market panic, Workday rebounded over 2% after a 9% premarket decline, indicating that the software selloff may have been overdone, leading to a more optimistic outlook among investors.
- Salesforce Recovery: Salesforce shares rose 3% on Wednesday after a 4% increase on Tuesday, breaking a prior three-day losing streak, with the market eagerly awaiting its upcoming earnings report for further insights into the software sector.
- Amazon AWS Expansion Plan: Bank of America analysts reiterated their buy rating on Amazon, forecasting that AWS capacity will increase from 15 gigawatts to over 31 gigawatts by 2027, with projected revenues of $164 billion this year and $209 billion in 2027, both exceeding market expectations.
- Boeing Faces Challenges: While banks and credit card stocks rebounded after Trump did not mention a credit card interest rate cap, aerospace and defense stocks like Boeing fell due to missing out on a potential order for 120 jets from China, leaving the market with lingering expectations for future orders.
See More
Stock Movers: Nvidia, Paramount, First Solar, Workday, Axon, HP Inc., Lucid, and Others
- Stock Market Movement: Stock futures were rising on Wednesday, indicating positive investor sentiment.
- Response to Political Events: Investors appeared to overlook President Donald Trump’s State of the Union address, focusing instead on market trends.
See More
Pure Storage Reports Significant Q4 Profit Growth
- Profit Growth: Pure Storage's Q4 net income reached $100.25 million, translating to earnings per share of $0.29, a significant increase from last year's $42.43 million and $0.12 per share, indicating a strong enhancement in the company's profitability.
- Adjusted Earnings: Excluding items, Pure Storage reported adjusted earnings of $238.85 million, or $0.69 per share, showcasing sustained growth and improved profitability in its core business operations.
- Revenue Increase: The company's Q4 revenue rose 19.3% to $1.05 billion, compared to $879.84 million last year, reflecting robust market demand that significantly boosted sales figures.
- Future Guidance: Pure Storage's revenue guidance for the next quarter is set between $0.99 billion and $1.01 billion, demonstrating the company's confidence in future performance and its expectation to continue benefiting from growth trends in the data storage market.
See More
Everpure Reports Record Q4 2026 Earnings with Strong Growth Momentum
- Record Revenue: Everpure achieved over $1 billion in revenue for Q4 2026, marking a 20% year-over-year growth and culminating in a full-year revenue of $3.7 billion, indicating robust market demand and significant business growth potential.
- Product and Subscription Revenue Growth: Q4 product revenue reached $618 million, a 25% increase year-over-year, while subscription revenue stood at $440 million, contributing to a total of $1.69 billion for the year, showcasing the company's success in diversifying its revenue streams.
- Acquisition and Rebranding: The acquisition of 1touch aims to accelerate data governance and AI readiness, while the rebranding to Everpure reflects a strategic move to attract a broader set of strategic personas, highlighting the company's proactive approach to future growth.
- Optimistic Future Outlook: Management projects FY 2027 revenue between $4.3 billion and $4.4 billion, with operating profit expected between $780 million and $820 million, demonstrating strong confidence in future growth despite challenges posed by component cost volatility.
See More
Everpure Reports Strong Q4 Results, Stock Jumps 7%
- Strong Earnings Report: Everpure, formerly Pure Storage, reported adjusted earnings per share of $0.69 for Q4 fiscal 2026, exceeding the $0.64 consensus estimate, indicating sustained profitability improvements.
- Significant Revenue Growth: The company achieved a 20% year-over-year revenue increase to $1.06 billion, surpassing the $1.03 billion estimate, reflecting robust performance and rising market demand in the data management sector.
- Optimistic Outlook: Everpure expects revenue for the current quarter to range from $990 million to $1.01 billion, exceeding the $920 million consensus, showcasing confidence in future growth prospects.
- Positive Annual Forecast: The company projects total revenue for fiscal 2027 between $4.3 billion and $4.4 billion, also above the $4.26 billion estimate, highlighting Everpure's ongoing impact in modern data storage and strategic growth potential.
See More
Dell and PURE Storage Options Trading Active
- Dell Options Volume: Dell Technologies' options are showing a trading volume of 37,015 contracts today, representing approximately 3.7 million underlying shares, which is 49.7% of its average daily trading volume of 7.4 million shares over the past month, indicating strong market interest in its future performance.
- High Strike Contracts: Among Dell's options, the $130 strike call option expiring on February 27, 2026, has seen 3,065 contracts traded today, equating to about 306,500 shares, suggesting bullish sentiment among investors at this price level.
- PURE Storage Options Volume: Concurrently, PURE Storage's options have recorded a volume of 16,284 contracts today, translating to approximately 1.6 million underlying shares, which constitutes 49.4% of its average daily trading volume of 3.3 million shares over the past month, reflecting investor interest in its stock.
- High Strike Contracts: For PURE Storage, the $80 strike call option expiring on March 20, 2026, has traded 4,137 contracts today, representing around 413,700 shares, indicating confidence in the company's future growth prospects.
See More
Market Rebounds as Salesforce and Amazon Draw Attention
- Software Stocks Rebound: Following Monday's market panic, Workday rebounded over 2% after a 9% premarket decline, indicating that the software selloff may have been overdone, leading to a more optimistic outlook among investors.
- Salesforce Recovery: Salesforce shares rose 3% on Wednesday after a 4% increase on Tuesday, breaking a prior three-day losing streak, with the market eagerly awaiting its upcoming earnings report for further insights into the software sector.
- Amazon AWS Expansion Plan: Bank of America analysts reiterated their buy rating on Amazon, forecasting that AWS capacity will increase from 15 gigawatts to over 31 gigawatts by 2027, with projected revenues of $164 billion this year and $209 billion in 2027, both exceeding market expectations.
- Boeing Faces Challenges: While banks and credit card stocks rebounded after Trump did not mention a credit card interest rate cap, aerospace and defense stocks like Boeing fell due to missing out on a potential order for 120 jets from China, leaving the market with lingering expectations for future orders.
See More
Stock Movers: Nvidia, Paramount, First Solar, Workday, Axon, HP Inc., Lucid, and Others
- Stock Market Movement: Stock futures were rising on Wednesday, indicating positive investor sentiment.
- Response to Political Events: Investors appeared to overlook President Donald Trump’s State of the Union address, focusing instead on market trends.
See More
