Everpure, Inc. · NYSE:P

Everpure — Q4 2025 Earnings Presentation

29 slides from Everpure's earnings presentation, Feb 26, 2025

  1. Slide 1: Fiscal Q4 & Full Year 2025 Financial Results

    Fiscal Q4 & Full Year 2025 Financial Results February 26, 2025

  2. Slide 2: Forward Looking Statements and Non-GAAP Information

    Forward Looking Statements and Non-GAAP Information This presentation contains forward-looking statements regarding our products, business and operations, including but not limited to our views relating to our opportunity relating to hyperscale and AI environments, our ability to meet hyperscalersʼ

  3. Slide 3: Company Overview

    ©) puresToRAcE’ Company Overview

  4. Slide 4: Pure Storage at a Glance

    Pure Storage at a Glance FY25 Total Q4FY25 Q4FY25 Q4FY25 Revenue Subscription Total Revenue Total Cash & ARR 1 Marketable $3.17B $1.66B $879.8M Securities 2 12% Y/Y Growth 21% Y/Y Growth 11% Y/Y Growth $1.52B Customers Satisfaction Q4FY25 Q4FY25 Non-GAAP 13,500 81 NPS 3 Operating Margin RPO G

  5. Slide 5: Q4 & FY25 Highlights

    Q4 & FY25 Highlights 1 Double-digit revenue growth of 12% in FY25, surpassing $3B for the first time. 2 Q4 revenue of $879.8 grew 11%. Record sales of Flashblade, FlashArray//XL, Portworx, //E family, and renewals of 3 Evergreen subscriptions in Q4. General availability of Fusion v.2 as a non-disrup

  6. Slide 6: The Most Consistent Data Storage Platform

    The Most Consistent Data Storage Platform + Cloud Block Store Scale Up Direct to Scale Out Cloud Native Cloud Operating Flash Model ©2025 Pure ©2025 Pure Storage Storage Confidential - Sharing Subject to Partner NDA Uncomplicate Data Storage, Forever 66

  7. Slide 7: A Unified Data Platform Focused Around You

    A Unified Data Platform Focused Around You Storage as a Service Container Data Management | Managed Data Services | Self-service Provisioning | Storage on-demand | Business guarantees SLAs Single Control Plane Global Policy Management | Self-managing | Autonomous Modeling | Intelligent Fleet Manag

  8. Slide 8: The Pure Storage Platform

    The Pure Storage Platform One Family that Satisfies the Full Range of Your Storage Needs Extreme Performance Block Performance IOPS or BW //S500 Balanced Performance/ File //XL Capacity //S200 //X //S100 Object //C Ultimate Capacity //E Cloud Native Capacity TB ©2025 Pure Storage 8

  9. Slide 9: Pure's Unique, Sustainable Competitive Advantages

    Pureʼs Unique, Sustainable Competitive Advantages Highly Direct-to-Flash Cloud Operating Evergreen Consistent Management Model Lifecycle Portfolio Efficiency Purity Block Pools of Storage Never obsolete Reliability DFMs File Managed as a Fleet Never disruptive Longevity Pure1 Object Available As-a-S

  10. Slide 10: We Deliver Outcomes

    We Deliver Outcomes 50%* Products Are Never- Lower Obsolete 25x * TCO 510x Always-Improving, Non-Disruptively Less Power Less Labor & Space to Operate 10x vs Existing Hard Disk Systems 10x Automation-Driven Cloud Operating Model Most Consistent Product More Line Reliable 1 Purity, 2 HW 1030x Fe

  11. Slide 11: The Data Center Sustainability Challenge

    The Data Center Sustainability Challenge 12% Consumed by Data Centers 2025% From Storage Pure flash storage consumes 80% less power ©2025 Pure Storage 11

  12. Slide 12: Customers

    Customers 13,500 Customers 12,500 Customers 11,000 Customers 10,000 62% 334 Customers of Fortune 60% 500 of Fortune New Customer 58% 500 of Fortune Additions 52% 500 of Fortune 500 ©2025 Pure Storage 12

  13. Slide 13: Financial Overview

    ©) puresToRAcE’ Financial Overview

  14. Slide 14: Q4FY25 Financial Summary

    Q4FY25 Financial Summary Financial Metrics Guidance Actuals Subscription Annual Recurring Revenue(1) $1.66 Billion Revenue $867 Million $880 Million Non-GAAP Operating Income2 $135 Million $153 Million Non-GAAP Operating Margin2 15.6% 17.4% Operating Cash Flow $208 Million 1 Subscription ARR i

  15. Slide 15: FY25 Financial Summary

    FY25 Financial Summary Financial Metrics Guidance Actuals Subscription Annual Recurring Revenue(1) $1.66 Billion Revenue $3.15 Billion $3.17 Billion Non-GAAP Operating Income2 $540 Million $559 Million Non-GAAP Operating Margin2 17% 17.7% Operating Cash Flow $753 Million 1 Subscription ARR is

  16. Slide 16: Revenue

    Revenue Annual Q4 Quarterly ©2025 Pure Storage 16

  17. Slide 17: Non-GAAP Gross Profit & Margin

    Non-GAAP Gross Profit & Margin (1) Annual Q4 Quarterly 1 See GAAP to non-GAAP reconciliations in our appendix. ©2025 Pure Storage 17

  18. Slide 18: Non-GAAP Operating Expenses as % of Revenue

    Non-GAAP Operating Expenses as % of Revenue (1) Annual Q4 Quarterly 1 See GAAP to non-GAAP reconciliations in our appendix. ©2025 Pure Storage 18

  19. Slide 19: Non-GAAP Operating Income & Margin

    Non-GAAP Operating Income & Margin (1) Annual Q4 Quarterly 1 See GAAP to non-GAAP reconciliations in our appendix. ©2025 Pure Storage 19

  20. Slide 20: Remaining Performance Obligations

    Remaining Performance Obligations 14% RPO Q4FY25 1 YoY Growth ©2025 Pure Storage 20 1 RPO associated solely with subscription service offerings grew 15% at the end of Q4.

  21. Slide 21: Subscription Annual Recurring Revenue

    Subscription Annual Recurring Revenue (1) 21% ARR Q4FY25 (2) YoY Growth 1 Subscription ARR is a key business metric that refers to total annualized contract value of all active subscription agreements on the last day of the quarter, plus on-demand revenue for the quarter multiplied by four. 2 S

  22. Slide 22: Cash Flow

    Cash Flow 1 1 Annual Operating Cash Flow Q4 Operating Cash Flow 1 See GAAP to non-GAAP reconciliations in our appendix. ©2025 Pure Storage 22

  23. Slide 23: Guidance

    Guidance Q1FY26 Guidance Revenue $770 Million Revenue YoY Growth 1 11% Non-GAAP Operating Income11 $80 Million Non-GAAP Operating Margin1 10.4% 1 We have not reconciled guidance for non-GAAP operating income and non-GAAP operating margin to their most directly comparable GAAP measures beca

  24. Slide 24: Guidance

    Guidance FY26 Guidance Revenue $3.515 Billion Revenue YoY Growth 11% Non-GAAP Operating Income1 $595 Million 1 1 Non-GAAP Operating Margin 17.0% 1 We have not reconciled guidance for non-GAAP operating income and non-GAAP operating margin to their most directly comparable GAAP measures becau

  25. Slide 25: Appendix

    ©) puresToRAcE’ Appendix

  26. Slide 26: Gross Profit & Margin

    Gross Profit & Margin GAAP to Non-GAAP Reconciliation ©2025 Pure Storage 26

  27. Slide 27: Operating Expenses

    Operating Expenses GAAP to Non-GAAP Reconciliation ©2025 Pure Storage 27

  28. Slide 28: Operating Income & Margin Free Cash Flow

    Operating Income & Margin GAAP to Non-GAAP Reconciliation Free Cash Flow 1 GAAP to Non-GAAP Reconciliation ©2025 Pure Storage 28

  29. Slide 29: Slide 29

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