Everpure Q1 FY27 revenue surges 35% to $1.05B on FlashArray demand and pricing

Filed June 5, 2026 · Period ending May 3, 2026 · Compared to 10-Q Jun 11, 2025 · ~2 min read

Key Changes

• high

  Product revenue jumped 55% YoY to $576.5M driven by FlashArray/FlashBlade demand, pricing increases, and hyperscaler royalties; product gross margin expanded 300bp to 65% on favorable mix and pricing.

  MD&A: Revenue & Margins verify on EDGAR →
• high

  Subscription ARR reached $2.04B (+19% YoY) while RPO grew 41% to $3.8B, with 43% expected to convert in next 12 months (down from 48% prior year), indicating longer-duration contracts.

  MD&A: Subscription Metrics verify on EDGAR →
• high

  Company rebranded from Pure Storage to Everpure, acquired 1touch for data security posture management (DSPM) capabilities, and repositioned from storage provider to integrated data management platform.

  MD&A: Strategy & M&A verify on EDGAR →