𝐄𝐯𝐞𝐫𝐩𝐮𝐫𝐞: 𝐐𝟐 𝐑𝐞𝐯𝐞𝐧𝐮𝐞 +𝟑𝟖%; 𝐒𝐢𝐠𝐧𝐢𝐟𝐢𝐜𝐚𝐧𝐭𝐥𝐲 𝐑𝐚𝐢𝐬𝐞𝐬 𝐅𝐘𝟐𝟕 𝐎𝐮𝐭𝐥𝐨𝐨𝐤

$PSTG (+2,65%) $P

⠀

📊 𝐑𝐞𝐬𝐮𝐥𝐭𝐬

• Revenue: $1.19B (+38% YoY)

• Product Revenue: $687M (+54% YoY)

• Subscription Services Revenue: $499M (+20% YoY)

• Subscription ARR: $2.1B (+20% YoY)

• RPO: $4.1B (+44% YoY)

• GAAP Gross Margin: 68.4%

• Adj. Gross Margin: 69.9%

• GAAP Operating Income: $63M

• Adj. Operating Income: $230M

• Adj. Operating Margin: 19.4%

⠀

🎯 𝐆𝐮𝐢𝐝𝐚𝐧𝐜𝐞

• Q3 Revenue: $1.325B–$1.335B (+37% to +38% YoY)

• Q3 Adj. Operating Income: $265M–$275M

• FY27 Revenue: $5.03B–$5.07B vs. $4.41B–$4.51B prior

• FY27 Revenue Growth: +37% to +38% vs. +20% to +23% prior

• FY27 Adj. Operating Income: $940M–$960M vs. $820M–$860M prior

• FY27 Adj. Operating Income Growth: +48% to +51%

⠀

📌 𝐊𝐞𝐲 𝐓𝐚𝐤𝐞𝐚𝐰𝐚𝐲𝐬

• Everpure delivered its eighth consecutive quarter of accelerating revenue growth, with product revenue up 54% and subscription ARR up 20%

• Management significantly raised FY27 guidance, lifting the revenue midpoint by roughly $590M and Adj. operating income midpoint by $110M

• AI and hyperscale momentum continued with a second top-five hyperscaler design win, while RPO increased 44% YoY to $4.1B

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💬 𝐌𝐚𝐧𝐚𝐠𝐞𝐦𝐞𝐧𝐭 𝐂𝐨𝐦𝐦𝐞𝐧𝐭𝐚𝐫𝐲

“Demand remains strong across our solutions portfolio despite historic industry price increases in the first half of FY'27.”