Everpure Unveils AI Storage Suite as Q1 Revenue Tops $1 Billion
Everpure launched Evergreen//One for FlashBlade//EXA AI storage and plans Everpure Data Stream beta to automate pipelines, cutting costs and boosting scalability for AI workloads. Q1 revenue surpassed $1 billion with 20% growth, but next-quarter gross margins are expected near the 65% lower bound due to high memory chip costs.
1. AI Storage Suite Launch
Everpure introduced Evergreen//One for FlashBlade//EXA to deliver high-performance, scalable storage for large-scale AI training and inference workloads.
2. Automated Data Pipeline Beta
Everpure plans to launch its Data Stream beta later in 2026, automating data ingestion-to-inference pipelines to eliminate manual data movement and accelerate time-to-result.
3. Q1 Revenue Milestone
In Q1, Everpure achieved $1 billion in revenue for the first time, recording 20% year-over-year growth driven by strong enterprise AI storage demand.
4. Margin Outlook and Cost Risks
The company expects next-quarter product gross margins at the lower end of the 65–70% range as volatile memory chip prices create pricing visibility challenges.