Everpure Q2 2027 revenue rises 38%, operating profit jumps 77%
Everpure reported Q2 FY2027 revenue growth of 38% year over year and operating profit up 77% to $230 million, while raising full-year revenue growth guidance on strong demand and market-share gains.
On Wednesday, Everpure (NYSE: P ) discussed second-quarter financial results during its earnings call.
The full transcript is provided below.
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For comprehensive financial data and transcripts, visit View the webcast at Summary Everpure Inc reported a 38% year-over-year revenue growth for Q2 FY2027, with operating profit surging by 77% to $230 million.
The company raised its full-year revenue growth guidance significantly due to strong demand and market share gains, expecting a 38% revenue growth and 50% operating profit growth year-over-year.
Everpure secured a design win and supply agreement with a second top-five hyperscaler, expected to generate significant revenue starting FY28.
Evergreen One, the company's storage-as-a-service offering, saw its total contract value accelerate to a $1 billion annualized run rate, highlighting strong customer adoption.
Gross margin was maintained at 69.9% with a strategic focus on balancing growth and market share gains, operating at the lower end of the 65%-70% range.
International revenue grew by 75% year-over-year, marking the highest international revenue contribution to date.
The company emphasized its strategic initiatives in AI, data management, and the hyperscale market, with plans to expand its enterprise data cloud strategy and virtualization solutions.
Management highlighted strong customer engagement and broad-based growth across geographies, products, and segments, reinforcing confidence in sustained higher growth rates.
Full Transcript OPERATOR Good day and welcome to the Everpure Second Quarter Fiscal 2027 Financial Results Conference Call.
Today's conference is being recorded.
All lines will be muted during the presentation portion of the call, with an opportunity for questions and answers at the end.
If you would like to ask a question, please press star one on your telephone keypad.
At this time, I'd like to turn the call over to Paul Dyett, Vice President of Investor Relations.
Please go ahead.
Paul Dyett, Vice President of Investor Relations Thank you.
Good afternoon, everyone, and welcome to Everpure's second quarter fiscal year 2027 earnings conference call.
On the call we have Charlie Giancarlo, Chief Executive Officer, Tarek Robiotti, Chief Financial Officer, and Rob Lee, Chief Technology and Growth Officer.
Following Charlie's and Tarek's prepared remarks, we will take questions.
Our press release was issued after close of market and is posted on our website, where this call is being simultaneously webcast.
The slides that accompany this webcast can be downloaded at investor.everpuredata.com.
On this call today we will make forward-looking statements, which are subject to various risks and uncertainties.
These include statements regarding our financial outlook and operations, our strategy, technology and its advantages, our current and new product offerings, our ability to procure a sufficient supply of components and manage our supply chain, our hyperscaler opportunity, and competitive industry and economic trends.
Any forward-looking statements that we make are based on facts and assumptions as of today, and we undertake no obligation to update them.
Our actual results may differ materially from the results forecasted, and reported results should not be considered as an indication of future performance.
Discussion of some of the risks and uncertainties related to our business is contained in our filings with the SEC, and we refer you to these public filings.
During this call, all financial metrics and associated growth rates are non-GAAP measures, other than revenue, remaining performance obligations, or RPO, and cash and investments.
Reconciliations to the most directly comparable GAAP measures are provided in our earnings press release and slides.
This call is being broadcast live on the Everpure Investor Relations website and is being recorded for playback purposes.
An archive of the webcast will be available on the IR website and is the property of Everpure.
Our third quarter fiscal 2027 quiet period begins at the close of business Friday, October 16, 2026.
With that, I'll turn it over to Charlie.
Charlie Giancarlo, CEO Thank you, Paul.
Good afternoon, everyone, and welcome to Everpure's Q2 fiscal 2027 earnings call.