Latest revenue
$964.5M
as of 2025-11-02
Latest net income
$54.8M
as of 2025-11-02
Net margin
5.7%
as of 2025-11-02
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $28.82B
- Enterprise value
- $28.82B
- P/E (trailing)
- 153.1×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $100.59
- 52-wk low
- $50.20
- Beta
- —
- Shares out
- 330.5M
5-year trend
What this company does
Everpure (formerly Pure Storage) builds all-flash enterprise storage hardware and software that unifies data management across on-premises, cloud, and edge environments. It earns revenue from selling flash storage systems and from subscription services like Evergreen//One, which delivers storage-as-a-service with outcome-based SLAs. The company is pivoting from a flash storage vendor toward an AI-era 'Enterprise Data Cloud' platform, anchored by a landmark hyperscaler design win now shipping in volume.
Generated from P's filing dated 2026-03-25
Key risks
- Hyperscaler concentration: a single major hyperscaler design win drives outsized fiscal 2026/2027 shipments, creating revenue concentration if orders slow.
- Evergreen//One subscription model leaves Everpure on the hook for hardware upgrades and SLA outcomes, pressuring margins if NAND/QLC costs rise.
- Execution risk on AI/EDC pivot: success depends on adoption of Fusion, Portworx and Enterprise Data Cloud against entrenched hyperscaler and SSD competitors.
Generated from P's filing dated 2026-03-25
Profitability
Gross margin
70.4%
0.8%Operating margin
3.1%
16.5%Net margin
5.1%
52.5%Return on equity
13.0%
54.9%Return on assets
4.0%
49.5%Leverage
Debt / equity
2.23×
5.3%Long-term debt / equity
0.00×
100.0%Debt / assets
69.1%
1.6%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-02-01 | $1.06B | +20.4% | $114.2M | +47.5% | 10.8% |
Q4 2025 2025-11-02 | $964.5M | +16.0% | $54.8M | -13.9% | 5.7% |
Q3 2025 2025-08-03 | $861.0M | +12.7% | $33.1M | +4880.9% | 3.8% |
Q2 2025 2025-05-04 | $778.5M | +12.3% | $-14.0M | +60.0% | -1.8% |
Q1 2025 2025-02-02 | $879.8M | — | $77.4M | — | 8.8% |
Q4 2024 2024-11-03 | $831.1M | +8.9% | $63.6M | +1642.0% | 7.7% |
Q3 2024 2024-08-04 | $763.8M | +10.9% | $665.0K | +109.3% | 0.1% |
Q2 2024 2024-05-05 | $693.5M | — | $-35.0M | — | -5.0% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Computer Storage Devices · SIC 3572
Your notes
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Insider activity
Insider buying
$0
Insider selling
$164.8M
Net activity
−$164.8M
Distinct insiders
7
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns P
No institutional holdings on file for P yet.
Source: SEC Form 13F-HR. Updated quarterly (45-day filing lag).
Top questions investors are asking
- 1
The hyperscaler Flash design win exceeded fiscal 2026 forecasts—what specific revenue contribution and gross margin profile should we model for fiscal 2027?
- 2
Given the rebrand from Pure Storage to Everpure, quantify the rebranding costs and explain why now amid intensifying VAST Data and Dell competition?
- 3
Evergreen//One subscription growth versus product revenue—what's the current mix, and are deferred revenue trends signaling deceleration in traditional product sales?
Refreshed when P files a new report · last from 2026-03-25