Slide 1: Q1 Fiscal 2027 Financial Results
Q1 Fiscal 2027 Financial Results May 27, 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: Q1FY27 Everpure at a Glance
Q1FY27 Everpure at a Glance Total Revenue Subscription ARR (1) Storage as a Service Total Cash & Offerings (2) (3) Marketable Securities $1.05B $2.04B $165M $1.50B 35% Y/Y Growth 19% Y/Y Growth 73% Y/Y Growth Global Customers Customer Satisfaction Non-GAAP Operating Remaining Performance Margin (5)
Slide 5: 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 6: Company Highlights
An exceptionally strong Q1, highlighted by revenue growth of 35% YoY (1) and operating profit growth of more than 90%. Market share gain acceleration as customers increasingly adopt Everpure as their preferred vendor for data storage & management. Company FlashBlade//EXA wins included deployments su
Slide 7: 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 8: Customers
Customers 14,500+ 64% 43% Customers of Fortune 500 of Global 2000 © 2026 Everpure 8
Slide 9: Q1FY27 Financial Overview
Q1FY27 Financial Overview © 2026 Everpure 9
Slide 10: Q1FY27 Financial Summary
Guidance Actuals (1) Subscription Annual Recurring (2) $2.04B Revenue Q1FY27 Revenue $990M to 1.01B $1.05B Financial Non-GAAP Operating Income (3) $125M to $135M $159M Summary Non-GAAP Operating Margin (3) 13% 15.1% Operating Cash Flow $180M (3) Non-GAAP Free Cash Flow $112M (1) Midpoint of Guidance
Slide 11: Revenue
Revenue Q1FY27 $964M $1,059M $1,053M YoY Growth $861M $778M $440M $476M 35% Total Revenue $430M 55% Product Revenue $415M $406M 17% Subscription Revenue $619M $577M $534M $446M $372M Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Product Revenue Subscription Services Revenue © 2026 Everpure 11
Slide 12: Non-GAAP Gross Margins
Non-GAAP Gross Margins (1) 77.2% 76.5% 77.0% 75.5% 75.6% 74.1% 72.1% 71.4% 70.9% 72.9% 70.1% 68.0% 67.3% 65.5% 64.0% Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Product Gross Margin Subscription Gross Margin Total Gross Margin (1) See GAAP to Non-GAAP reconciliations in Appendix. © 2026 Everpure 12
Slide 13: Non-GAAP Operating Income & Margin
Non-GAAP Operating Income & Margin (1) 20.3% 21.3% 15.1% 15.1% 10.6% $226M $196M $159M $130M $83M Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Non-GAAP Operating Income Non-GAAP Operating Margin (1) See GAAP to Non-GAAP reconciliations in Appendix. © 2026 Everpure 13
Slide 14: Non-GAAP Operating Expenses
Non-GAAP Operating Expenses (1) 21.4% 20.9% 19.8% 18.4% 16.7% $579M $518M $530M $491M $469M $194M $177M $191M $166M $180M $316M $266M $293M $252M $258M $51M $53M $61M $60M $69M Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 G&A S&M R&D Research & Development as a % of Revenue (1) See GAAP to Non-GAAP reconcilia
Slide 15: Subscription Annual Recurring Revenue
Subscription Annual Recurring Revenue (1) $1,785M $1,837M $1,924M $2,036M 19%+ $1,711M ARR Q1FY27 YoY Growth Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 (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 16: Remaining Performance Obligations
Remaining Performance Obligations $3,671M $3,803M 41%+ RPO Q1FY27 $2,943M $2,689M $2,843M $1,444M $1,426M YoY Growth $932M $983M $862M $2,227M $2,377M $1,827M $1,911M $1,960M Q1FY26 Q2FY26 Q3FY26 Q4FY26 Q1FY27 Deferred Revenue Unbilled Remaining Performance Obligations © 2026 Everpure 16
Slide 17: Q2FY27 Guidance
Guidance Revenue $1.095B to $1.105B Q2FY27 Revenue YoY Growth 27% to 28% Guidance Non-GAAP Operating Income (1) $195M to $205M Non-GAAP Operating Income YoY 50% to 58% Growth Rate (1) (1) We have not reconciled guidance for non-GAAP operating income and non-GAAP operating income year-over-year growt
Slide 18: FY27 Guidance
Prior Guidance New Guidance Revenue $4.3B to $4.4B $4.41B to $4.51B FY27 Revenue YoY Growth 17% to 20% 20% to 23% Guidance Non-GAAP Operating Income (1) $780M to $820M $820M to $860M Non-GAAP Operating Income 23% to 29% 29% to 36% YoY Growth Rate (1) (1) We have not reconciled guidance for non-GAAP
Slide 19: 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 20: Appendix
Appendix © 2026 Everpure 20
Slide 21: Gross Profit & Margin (GAAP to Non-GAAP Reconciliation)
Gross Profit & Margin (GAAP to Non-GAAP Reconciliation) © 2026 Everpure 21
Slide 22: Gross Profit & Margin (GAAP to Non-GAAP Reconciliation)
Gross Profit & Margin (GAAP to Non-GAAP Reconciliation) © 2026 Everpure 22
Slide 23: Operating Expenses (GAAP to Non-GAAP Reconciliation)
Operating Expenses (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 Income & Margin (GAAP to Non-GAAP Reconciliation)
Operating Income & Margin (GAAP to Non-GAAP Reconciliation) © 2026 Everpure 25
Slide 26: Free Cash Flow (GAAP to Non-GAAP Reconciliation)
Free Cash Flow (GAAP to Non-GAAP Reconciliation) © 2026 Everpure 26
Slide 27: © 2026 Everpure
© 2026 Everpure