Everpure Inc
purestorage.comWhat Do They Do?
Sells integrated storage systems and data-management software to enterprises, hyperscalers, and managed service providers.
10-K for FY2026, filed Mar 25, 2026Everpure, formerly known as Pure Storage, is a global technology company providing an integrated storage and data management platform. Data…View ↗
Our Portworx software solution is the leader in the enterprise Kubernetes/container data space, providing customers with a secure solution…View ↗
Our enterprise business model supports the largest global organizations, including hyperscalers and managed service providers (MSPs).…View ↗
How Do They Make Money?
Customers buy storage hardware and software products; royalties come from partner shipments. Subscription services earn revenue over contract terms or based on use, while professional services are provided as work is performed.
10-K for FY2026, filed Mar 25, 2026We derive revenue primarily from sales of our integrated storage hardware and embedded licensed software products and storage-as-a-service…View ↗
Provided that all other revenue recognition criteria have been met, we typically recognize product revenue for our integrated storage…View ↗
We generally recognize revenue from the fair value of subscription services provided ratably over the contractual service period or on a…View ↗
For Evergreen//One, subscription services revenue is recognized over the contractual term on a consumption basis, beginning on the…View ↗
We also sell professional services such as installation and implementation consulting services and the related revenue is recognized as…View ↗
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10-K for FY2026, filed Mar 25, 2026
FY2026 revenue by product or service ↗
$3.7B
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10-K for FY2026, filed Mar 25, 2026
$3.7B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Product
Mix
10-K for FY2026, filed Mar 25, 2026 |
54%
FY2023: 65%
|
Product, FY2026
$2B Sources
|
Mix |
|
Subscription services
Mix
10-K for FY2026, filed Mar 25, 2026 |
46%
FY2023: 35%
|
Subscription services, FY2026
$1.7B Sources
|
Mix |
Who Are Their Customers?
Large enterprises, including hyperscalers and managed service providers, and smaller organizations buy directly or through channel partners; service providers also deploy products for cloud-storage customers.
10-K for FY2026, filed Mar 25, 2026Our global customer base is over 14,500 at the end of fiscal 2026. Both large enterprises and smaller organizations with limited IT…View ↗
Our enterprise business model supports the largest global organizations, including hyperscalers and managed service providers (MSPs).…View ↗
Sales. We sell our products and subscription services using a direct sales force and our channel partners. Our sales organization is…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 5 cents of every revenue dollar as net income in FY2026 and turned 17 cents into free cash flow.
10-K for FY2026, filed Mar 25, 2026
$114.8MView ↗
10-K for FY2026, filed Mar 25, 2026
$188.2MView ↗
10-K for FY2026, filed Mar 25, 2026
$615.7MView ↗
How Are They Changing?
10-Q for Q2 FY2027, filed Sep 4, 2026
Open tableView ↗
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Aug 26, 2026
Raised revenue and operating profit guidance
Prior FY27 revenue guidance was $4.41B to $4.51B; new guidance is $5.03B to $5.07B.
Sources
8-K, filed Aug 26, 2026
Revenue $4.41B to $4.51B $5.03B to $5.07BView ↗
Growing. Revenue grew 68% in 4 years, from $2.2B in FY2022 to $3.7B in FY2026, about 14% a year.
Broader data-management platform
The older report emphasizes flash storage and modernizing applications; the latest presents the platform as a unified data-management layer, embedding dataset discovery, provenance, versioning, and policy controls for AI data governance.
10-K for FY2023, filed Apr 3, 2023 10-K for FY2026, filed Mar 25, 2026Data is foundational to our customers’ business transformation, and we are focused on delivering innovative and disruptive data storage…View ↗
Our products and subscription services support a wide range of structured and unstructured data, at scale and across any data workloads in…View ↗
We are focused on helping customers modernize their applications- whether it is meeting the needs of modern unstructured data applications…View ↗
Who Do They Compete With?
Competes with Dell EMC, NetApp, Hitachi Vantara, HP Enterprise, and IBM
10-K for FY2026, filed Mar 25, 2026We operate in the intensely competitive data storage market that is characterized by constant change. Changes in the application…View ↗
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