Slide 1: Q2 Fiscal 2027 Financial Results
Q2 Fiscal 2027 Financial Results August 26, 2026 © 2026 Everpure
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 future period financial and business results, our ability to manage potential disruptions
Slide 3: Company Overview
Company Overview © 2026 Everpure 3
Slide 4: Q2FY27 Everpure at a Glance
Q2FY27 Everpure at a Glance Total Revenue Subscription ARR (1) Storage as a Service Total Cash & Offerings (2) (3) Marketable Securities $1.19B $2.13B $277M $1.01B 38% Y/Y Growth 20% Y/Y Growth 121% Y/Y Growth Global Customers Customer Satisfaction Non-GAAP Operating Remaining Performance Margin (5)
Slide 5: Highest in Execution, Furthest in Vision
Highest in Execution, Furthest in Vision Everpure is a Leader in the 2026 Gartner® Magic Quadrant for Enterprise Storage Platforms Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates. Gartner does not endorse any company, vendor, product or service depicted in its public
Slide 6: For 2025, Everpure earned a Net Promoter Score of 84
For 2025, Everpure earned a Net Promoter Score of 84 At Everpure, customer experience isn’t a slogan, it’s the standard we hold ourselves to every day. One of the highest in the data storage industry marking a decade of achieving an independently audited NPS of 80 or higher and delivering consistent
Slide 7: Company Highlights
Outstanding Q2, highlighted by revenue growth of 38% YoY and (1) operating profit growth of 77% YoY. Evergreen//One total contract value, has accelerated to an annualized run rate of above $1B for FY27. Company In Q2, deals above $5M grew 59% YoY, while deals above $20M grew Highlights 385% YoY. Ann
Slide 8: Evolution from redefining storage to rethinking data management through software
Evolution from redefining storage to rethinking data management through software DATA MANAGEMENT 2025 + FUTURE Understanding, organizing, and optimizing objects, files, Acquisition of 1touch 2026 FUTURE databases, and application Expansion of Enterprise Data Cloud 2025 data in context across Data In
Slide 9: Customers
Customers 14,500+ 64% 44% Customers of Fortune 500 of Global 2000 © 2026 Everpure 9
Slide 10: Q2FY27 Financial Overview
Q2FY27 Financial Overview © 2026 Everpure 10
Slide 11: Q2FY27 Financial Summary
Guidance Actuals (1) Subscription Annual Recurring (2) $2.13B Revenue Q2FY27 Revenue $1.095B to $1.105B $1.19B Financial Non-GAAP Operating Income (3) $195M to $205M $230M Summary Non-GAAP Operating Margin (3) 18.2% 19.4% Operating Cash Flow $(136)M (3) Non-GAAP Free Cash Flow $(238)M (1) Midpoint o
Slide 12: Revenue
Revenue Q2FY27 $1,186M YoY Growth $1,059M $1,053M $964M 38% Total Revenue $861M $499M $440M $476M 54% Product Revenue $430M $415M 20% Subscription Revenue $687M $619M $577M $534M $446M Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Product Revenue Subscription Services Revenue © 2026 Everpure 12
Slide 13: Non-GAAP Gross Margins
Non-GAAP Gross Margins (1) 77.0% 76.5% 75.5% 75.6% 74.9% 74.1% 72.1% 71.4% 72.9% 70.1% 69.9% 67.3% 68.0% 65.5% 66.2% Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Product Gross Margin Subscription Gross Margin Total Gross Margin (1) See GAAP to Non-GAAP reconciliations in Appendix. © 2026 Everpure 13
Slide 14: Non-GAAP Operating Income & Margin
Non-GAAP Operating Income & Margin (1) 20.3% 21.3% 19.4% 15.1% 15.1% $226M $230M $196M $159M $130M Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Non-GAAP Operating Income Non-GAAP Operating Margin (1) See GAAP to Non-GAAP reconciliations in Appendix. © 2026 Everpure 14
Slide 15: Non-GAAP Operating Expenses
Non-GAAP Operating Expenses (1) 20.9% 19.8% 18.4% 16.7% 17.8% $599M $579M $518M $530M $491M $194M $212M $177M $191M $180M $316M $311M $266M $293M $258M $53M $61M $60M $69M $76M Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 G&A S&M R&D Research & Development as a % of Revenue (1) See GAAP to Non-GAAP reconcilia
Slide 16: Subscription Annual Recurring Revenue
Subscription Annual Recurring Revenue (1) $1,924M $2,036M $2,134M 20%+ $1,837M $1,785M ARR Q2FY27 YoY Growth Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 (1) Subscription ARR is a key business metric that refers to the annualized recurring contract value of all active, non-cancelable customer subscription agr
Slide 17: Remaining Performance Obligations
Remaining Performance Obligations 44%+ $4,089M $3,803M $3,671M $1,568M RPO Q2FY27 $2,943M $2,843M $1,444M $1,426M YoY Growth $932M $983M $2,377M $2,521M $2,227M $1,911M $1,960M Q2FY26 Q3FY26 Q4FY26 Q1FY27 Q2FY27 Deferred Revenue Unbilled Remaining Performance Obligations © 2026 Everpure 17
Slide 18: Q3FY27 Guidance
Guidance Revenue $1.325B to $1.335B Q3FY27 Revenue YoY Growth 37% to 38% Guidance Non-GAAP Operating Income (1) $265M to $275M Non-GAAP Operating Income YoY 35% to 40% Growth Rate (1) (1) We have not reconciled guidance for non-GAAP operating income and non-GAAP operating income year-over-year growt
Slide 19: FY27 Guidance
Prior Guidance New Guidance Revenue $4.41B to $4.51B $5.03B to $5.07B FY27 Revenue YoY Growth 20% to 23% 37% to 38% Guidance Non-GAAP Operating Income (1) $820M to $860M $940M to $960M Non-GAAP Operating Income 29% to 36% 48% to 51% YoY Growth Rate (1) (1) We have not reconciled guidance for non-GAA
Slide 20: Appendix
Appendix © 2026 Everpure 20
Slide 21: Annual Financial Summary
Annual Financial Summary FY25 Results YoY Growth FY26 Results YoY Growth Total Revenue $3.17B 12% $3.66B 16% Product Revenue $1.70B 5% $1.97B 16% Subscription Revenue $1.47B 22% $1.69B 15% (1) Non-GAAP Operating Income $559.4M 22% $634.6M 13% (1) Non-GAAP Operating Margin 17.7% +150 bps 17.3% -40 bp
Slide 22: Gross Profit & Margin (GAAP to Non-GAAP Reconciliation)
Gross Profit & Margin (GAAP to Non-GAAP Reconciliation) © 2026 Everpure 22
Slide 23: Gross Profit & Margin (GAAP to Non-GAAP Reconciliation)
Gross Profit & Margin (GAAP to Non-GAAP Reconciliation) © 2026 Everpure 23
Slide 24: Operating Expenses (GAAP to Non-GAAP Reconciliation)
Operating Expenses (GAAP to Non-GAAP Reconciliation) © 2026 Everpure 24
Slide 25: Operating Expenses (GAAP to Non-GAAP Reconciliation)
Operating Expenses (GAAP to Non-GAAP Reconciliation) © 2026 Everpure 25
Slide 26: Operating Income & Margin (GAAP to Non-GAAP Reconciliation)
Operating Income & Margin (GAAP to Non-GAAP Reconciliation) © 2026 Everpure 26
Slide 27: Free Cash Flow (GAAP to Non-GAAP Reconciliation)
Free Cash Flow (GAAP to Non-GAAP Reconciliation) © 2026 Everpure 27
Slide 28: © 2026 Everpure
© 2026 Everpure