Everpure Q2 FY2027: revenue up 37.7%, FY27 guidance raised
Everpure's Q2 FY2027 was a demand story: revenue rose 37.7% to $1.19 billion and management lifted full-year revenue guidance to $5.03–$5.07 billion from $4.41–$4.51 billion. The catch is cash: free cash flow swung to -$237.6 million from +$150.1 million a year ago as prepaid and other assets ballooned. Read the quarter as strong growth plus a working-capital question. View: Bullish.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS was $0.21 versus $0.14 a year ago, and non-GAAP EPS was $0.70 versus $0.43. The $0.49 gap is mostly stock-based compensation of $159.8 million, equal to 13.5% of revenue. GAAP net income of $74.1 million also leans on $9.0 million of other income and a $2.0 million tax benefit, so the operating result is thinner than the bottom line suggests.
Revenue was $1.19 billion, up 37.7% from $861.0 million a year earlier, which the release rounds to 38%. Product revenue did the heavy lifting at $686.8 million, up 53.9% from $446.3 million, while subscription services grew 20.4% to $499.1 million from $414.7 million. Growth is broadening, but the mix is tilting toward lumpier hardware sales that carry a lower gross margin than subscriptions.
Q3 FY2027 revenue guidance is $1.325–$1.335 billion, a midpoint of $1.33 billion and 37%–38% growth; the one consensus figure available for next quarter is $1.35 billion, so the midpoint lands slightly below it. For the full year, management raised revenue to $5.03–$5.07 billion from $4.41–$4.51 billion and non-GAAP operating income to $940–$960 million from $820–$860 million. No gross margin guidance was given, which makes the pulled-up profit guide hard to audit directly.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-24
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