Pulling SEC filings + quote and writing the call…

Everpure, Inc.
Next earnings Aug 26, 2026 · consensus $0.59 EPS, $1.12B rev
Last earnings -3.0% on 2026-05-27
Debt-free all-flash leader (ex-Pure Storage) with accelerating, now-profitable growth riding AI data-center demand — premium price, but quality earns it.
Revenue $3.66B · FY2026
The fundamentals carry the rating, but the price is rich (~71% above our fair-value estimate) — a quality-at-a-price call. The case rests on the business, not the entry; patient buyers may wait for a pullback.
Everpure (formerly Pure Storage, NYSE: PSTG) is a high-quality, capital-light storage and data-management platform company that has decisively crossed from cash-burn into durable profitability. Revenue has compounded from $2.18B (FY2022) to $3.66B (FY2026), with FY2026 up 15.6% YoY, and the bottom line has inflected hard: net income swung from -$143M in FY2022 to $188M in FY2026 (+76.3% YoY), with diluted EPS up 77.4% to $0.55. Gross margin of 70.4% is software-like and confirms pricing power, while $880M of operating cash flow against $264M capex generates substantial free cash. The balance sheet is pristine — zero long-term and current debt, $855M cash, and $1.45B of equity — giving management room to keep returning capital ($343M of buybacks in FY2026) without strain.
The forward story is anchored in the MD&A's all-flash data-center thesis: management frames four tailwinds — all-flash modernization, cloud-native apps, storage-as-a-service, and AI-driven data growth under power/space constraints. The shift toward subscription (Evergreen, Portworx, Everpure Cloud) and high-margin hyperscaler royalties should keep revenue mix and recurring quality improving. With AI making data infrastructure strategically central, Everpure sits in a structurally growing market with a differentiated unified platform (the Enterprise Data Cloud).
AI-generated analysis, produced by our proprietary engine from SEC filing data.
Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 21, 2026, 3:07 PM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | $2.18B | $2.75B | $2.83B | $3.17B | $3.66B |
| Gross profit | $1.47B | $1.90B | $2.02B | $2.21B | $2.58B |
| Operating income | -$98.4M | $83.5M | $53.6M | $85.3M | $115M |
| Net income | -$143M | $73.1M | $61.3M | $107M | $188M |
| Diluted EPS | -$0.50 | $0.23 | $0.19 | $0.31 | $0.55 |
| Net margin | -6.6% | 2.7% | 2.2% | 3.4% | 5.1% |
Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.
Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.
Sources: SEC EDGAR (CIK 0001474432, latest 10-Q filed 2026-06-05) · EODHD · Proprietary analysis · as of 6/21/2026, 7:07:46 PM.
Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.
Last 90 days: 0 open-market buys · 3 sales
| 2026-06-30 | Giancarlo Charles H CEO | Sell | 4.20K @ $80.01 | $336K |
| 2026-06-25 | Brown Andrew William Fraser Director | Sell | 4.74K @ $72.57 | $344K |
| 2026-06-22 | Yen Mallun Director | Sell | 4.74K @ $76.90 | $364K |
| 2026-06-20 | Chu Mona Chief Accounting Officer | Tax | 2.86K @ $74.61 | $214K |
| 2026-06-20 | Giancarlo Charles H CEO | Tax | 30.0K @ $74.61 | $2.24M |
| 2026-06-20 | ROBBIATI TAREK Chief Financial Officer | Tax | 5.83K @ $74.61 | $435K |
| 2026-06-20 | Colgrove John Chief Visionary Officer | Tax | 16.0K @ $74.61 | $1.19M |
| 2026-06-20 | Singh Ajay Chief Product Officer | Tax | 9.82K @ $74.61 | $733K |
Dates from 8-K (Item 2.02); beat/miss = reported EPS vs consensus (Finnhub, recent quarters); move = prior close → close on/after.
Disclosed under the STOCK Act
Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.
1194 tracked peers · median
Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.