Everpure Q2 FY27 results beat view as price hikes and enterprise demand lift revenue 38%
PSTG•Full-year outlook raised
Full-year revenue outlook lifted to USD 5.03 billion–USD 5.07 billion; hyperscale revenue expected to rise in Q3 and Q4.
Evergreen//One and Storage-as-a-Service momentum accelerated
Evergreen//One accelerated, with annualized TCV run rate above USD 1 billion; Storage-as-a-Service TCV rose 121% to USD 277 million.
Q2 results beat estimates on stronger pricing and enterprise demand
Everpure posted Q2 FY27 revenue growth of 38% as demand held up despite sharp industry-wide price increases.
Operating profit rose 77% to USD 230 million, helped by pricing actions, richer configurations, higher capacity shipped, and lower unit volumes.
Product revenue climbed 54% to USD 687 million; deals above USD 20 million jumped 385% as large enterprises absorbed higher costs.
