Everpure raises FY28 revenue outlook, targets four growth areas

Everpure (NYSE: P), a storage and data management company, outlined four strategic growth vectors and provided a preliminary fiscal year 2028 financial outlook at its 2026 Financial Analyst Meeting in Santa Clara, Calif., on Sept. 23, 2026.

The company reaffirmed its fiscal year 2027 revenue guidance of $5.03B to $5.07B, representing year-over-year growth of 37% to 38%. Non-GAAP operating income for fiscal year 2027 is guided at $940M to $960M, a 48% to 51% increase year-over-year.

For fiscal year 2028, Everpure provided a preliminary outlook of $7.0B to $7.3B in revenue, reflecting projected growth of 39% to 45%. Non-GAAP operating income for that period is projected at $1.7B to $1.9B, representing growth of 80% to 100% year-over-year.

The company outlined four strategic growth vectors: Core and Core AI, Modern Data Software, Scale AI, and Hyperscale Solutions. The three newer vectors — Modern Data Software, Scale AI, and Hyperscale Solutions — are expected to represent approximately 20% of total revenue by fiscal year 2030.

"Everpure is at an inflection point as we expand our horizons to managing data in the enterprise and solutions for hyperscalers," said Charlie Giancarlo, Chairman and Chief Executive Officer at Everpure.

Chief Financial Officer Tarek Robbiati stated: "Everpure's financial profile is durably resetting to higher levels of growth and profitability."

According to the press release, Everpure has dedicated an average of 19% of annual revenue to R&D on a non-GAAP basis over the past five fiscal years. The company's capital management priorities include organic investment, balance sheet strengthening, strategic mergers and acquisitions, and share buybacks.

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