The revenue beat and raised guidance support the bullish narrative of strong demand and AI-driven growth, but the EPS miss (GAAP $0.07 vs $0.58 consensus) introduces significant uncertainty. Monitor the earnings call for details on margin compression (GAAP gross margin fell to 68.7% from 72.3% YoY) and the impact of the 1touch acquisition. The stock may trade on the revenue momentum vs EPS disappointment dynamic.
Price Chart
Executive Summary
Everpure (P) reported Q1 FY27 revenue of $1.053B (+35% YoY), beating the $1.10B consensus, but GAAP EPS of $0.07 missed the Street estimate of $0.58. Non-GAAP diluted EPS was $0.47, also below consensus. The company raised FY27 revenue guidance to $4.41B-$4.51B (from $4.3B-$4.4B) and non-GAAP operating income guidance to $820M-$860M (from $780M-$820M). The strong revenue beat and raised guidance are positive, but the significant EPS miss tempers the outlook.
Key Financial Metrics
Key Facts
- Revenue of $1.053B, up 35% YoY, exceeding the high end of guidance
- GAAP EPS of $0.07 vs consensus $0.58; non-GAAP diluted EPS of $0.47 vs consensus $0.58
- Product revenue $577M, up 55% YoY; Subscription services revenue $476M, up 17% YoY
- Subscription ARR of $2B, up 19% YoY; RPO of $3.8B, up 41% YoY
- FY27 revenue guidance raised to $4.41B-$4.51B (prior $4.3B-$4.4B); non-GAAP operating income guidance raised to $820M-$860M (prior $780M-$820M)
- Operating cash flow of $180M; free cash flow of $112M
- Completed acquisition of 1touch in May 2026
- Returned $84M to stockholders via share repurchases of 1.3M shares
Financial Impact
Revenue beat consensus by ~$47M (4.5% miss on EPS vs consensus). Guidance raised by $110M-$210M on revenue and $40M-$40M on non-GAAP operating income.
Risk Factors
- GAAP EPS of $0.07 is a dramatic miss vs $0.58 consensus, potentially triggering sell-off
- GAAP gross margin declined to 68.7% from 72.3% YoY, indicating cost pressure
- Non-GAAP operating margin fell to 15.1% from 20.3% YoY, despite revenue growth
- Integration risk from 1touch acquisition and supply chain challenges noted in guidance
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001474432-26-000046 |
| Document: pstg-20260527.htm | 0001474432-26-000046 |
| Document: 0001474432-26-000046-index-headers.html | 0001474432-26-000046 |
| Document: 0001474432-26-000046-index.html | 0001474432-26-000046 |
| Document: 0001474432-26-000046.txt | 0001474432-26-000046 |
| 8-K Data (Synthetic) | 0001474432-26-000046 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 17d ago | Insider Cluster | $96.97 $110.89 | ▲ +14.36% | ▲ +12.23% | $139.90 (+44.27%) |
Aug 26, 2026 5w ago | Press Release | $99.24 $98.15 | ▼ −1.10% | ▼ −1.37% | $139.90 (+40.97%) |
Aug 17, 2026 6w ago | Insider Cluster | $116.99 $100.44 | ▼ −14.15% | ▼ −12.96% | $139.90 (+19.58%) |
Aug 13, 2026 7w ago | Insider Cluster | $117.35 $109.98 | ▼ −6.28% | ▼ −4.32% | $139.90 (+19.21%) |
Aug 12, 2026 7w ago | Insider Cluster | $117.35 $109.98 | ▲ +6.28% | ▲ +4.32% | $139.90 (−19.21%) |
Aug 10, 2026 7w ago | 144 | $109.38 $117.06 | ▲ +7.02% | ▲ +7.42% | $139.90 (+27.90%) |
Jul 14, 2026 11w ago | Insider Cluster | $77.03 $69.93 | ▼ −9.22% | ▼ −7.92% | $139.90 (+81.61%) |
Jul 13, 2026 11w ago | Insider Cluster | $77.03 $69.93 | ▼ −9.22% | ▼ −7.92% | $139.90 (+81.61%) |
Jul 9, 2026 12w ago | 144 | $79.33 $68.37 | ▼ −13.82% | ▼ −13.26% | $139.90 (+76.35%) |
Jul 2, 2026 13w ago | Insider Cluster | $72.71 $80.96 | ▲ +11.35% | ▲ +10.42% | $139.90 (+92.40%) |
US Market Status
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