Everpure, Inc. (P)
NYSE:P
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Earnings Data
Report Date
Sep 02, 2026After Close (Confirmed)
Period Ending
2027 (Q2)Consensus EPS Forecast
0.57Last Year’s EPS
0.43Same Quarter Last Year
Moderate Buy
Based on 16 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a broadly positive operating performance: very strong revenue (35% YoY) and operating profit (>90% YoY) growth, expanding recurring revenue and contract backlog, meaningful momentum in storage-as-a-service (Evergreen//1), improved guidance, and a strong balance sheet. Key near-term risks center on an unprecedented supply-chain-driven spike in memory/NAND costs that pressured product gross margins, shortened quote windows, and created uncertainty around timing and sustainability of demand (management estimates ~1/3 of Q1 growth came from pricing and pull-ins). Hyperscaler revenue is expected to be a significant upside in H2 but remains a timing/visibility risk. On balance, the company appears to be gaining share and executing well despite volatile input costs — bright operational and financial progress tempered by meaningful supply-cost uncertainty and some transient margin effects.Company Guidance
Strong Top-Line Growth
Revenue increased 35% year-over-year in Q1, driven by broad-based strength across core businesses and geographies; management raised full-year revenue guidance to $4.41B–$4.51B (implying ~22% YoY growth at the midpoint, a 300-basis-point increase versus prior guide).
Operating Profit and Margin Expansion
Operating profit nearly doubled year-over-year (growth >90%) to $159 million in Q1, with operating margin of 15.1%; full-year operating profit guidance raised to $820M–$860M (≈32% YoY at midpoint, >600 bps improvement vs prior guidance).
Product and Subscription Revenue Strength
Product revenue rose 55% YoY to $577 million; subscription services revenue grew 17% YoY to $476 million and accounted for 45% of total revenue in Q1.
Recurring Revenue and Contract Backlog Growth
Annual recurring revenue (ARR) grew 19% YoY to over $2.0 billion (sequential acceleration of ~300 bps); Remaining performance obligations (RPO) increased 41% YoY to $3.8 billion, reflecting large deal execution and strong Evergreen demand.
Storage-as-a-Service Momentum (Evergreen//1)
Evergreen//1 sales were up 73% YoY in Q1; total contract value (TCV) sales for storage-as-a-service rose 73% YoY to $165 million, highlighting customer preference for longer-term, blended-cost offerings amid supply volatility.
Hyperscaler Outlook and Product Trajectory
Company expects hyperscaler product revenue to ramp significantly in H2 FY27 based on customer order commitments; management projects hyperscaler product gross margins in the 75%–85% range when contributions materialize.
Customer and Market Share Gains
Added 275 new customers in Q1 and 223 new commercial logos; penetration of Fortune 500 companies increased to 64%; management reports accelerating competitive win rates and high-double-digit growth in large deals (> $5M).
Healthy Balance Sheet and Cash Generation
Balance sheet with over $1.5 billion in cash and investments; operating cash flow of $180 million and free cash flow of $112 million in Q1; repurchased ~1.3 million shares (~$84M) and retains ~$145M under repurchase authorization.
P Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
P Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 27, 2026 | $85.74 | $73.04 | -14.81% |
Feb 25, 2026 | $73.56 | $65.98 | -10.30% |
Dec 02, 2025 | $94.72 | $68.85 | -27.31% |
Aug 27, 2025 | $60.86 | $80.54 | +32.34% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Everpure, Inc. (P) report earnings?
Everpure, Inc. (P) is schdueled to report earning on Sep 02, 2026, After Close (Confirmed).
What is Everpure, Inc. (P) earnings time?
Everpure, Inc. (P) earnings time is at Sep 02, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is P EPS forecast?
P EPS forecast for the fiscal quarter 2027 (Q2) is 0.57.