Everpure (P) Q1 FY2027 earnings: revenue $1.1 billion, up 35.2% on the year

Everpure, Inc. (P) reported revenue of $1.1 billion for Q1 FY2027, the quarter ended 3 May 2026, up 35.2% on the same quarter a year earlier. Net income was $24 million, and diluted earnings per share $0.07. The figures are the company's own, from the 10-Q it filed with the SEC on 5 June 2026.

Revenue

$1.1 billion

+35.2% on the year · -0.6% on the quarter

Q2 FY2025Q1 FY2027

Operating margin

1.9%

-4.0% a year earlier

Q2 FY2025Q1 FY2027

Net income

$24 million

-76.0% on the quarter

Q2 FY2025Q1 FY2027

Diluted EPS

$0.07

-75.9% on the quarter

Q2 FY2025Q1 FY2027

this quarterthe same quarter a year earlierHover a bar for its figure.

What management said

Guidance figures: 4 raised, 4 new.

Revenue and product sales grew faster: Total revenue grew 35% year-over-year to about $1.05 billion. Product revenue grew faster than subscription services.
GAAP operating income turned positive: GAAP operating income was $20 million, against a $31 million loss a year earlier. Non-GAAP operating income was $159 million, against $83 million.
Operating expenses rose in sales and R&D: Total operating expenses reached $703 million, from $567 million, with sales and marketing and research and development the largest increases.

Read the earnings call summary

Income statement (profit and loss)

$ million	Q1 FY2027	Q4 FY2026	Q1 FY2026	On the quarter	On the year
Revenue	1,053	1,059	778	-0.6%	+35.2%
Cost of revenue	330	319	242	+3.4%	+36.0%
Gross profit	723	740	536	-2.3%	+34.9%
Gross margin	68.7%	69.9%	68.9%
Research and development	259	243	222	+6.6%	+16.8%
Operating income	19.9	87.2	-31.2	-77.1%
Operating margin	1.9%	8.2%	-4.0%
Interest expense	0.2	0.3	1.8	-4.8%	-86.8%
Pre-tax income	33.9	108	0.5	-68.5%	+6,897.9%
Income tax	9.8	7.3	14.5	+34.7%	-32.4%
Effective tax rate	28.9%	6.8%	2991.5%
Net income	24.1	100	-14.0	-76.0%
Net margin	2.3%	9.5%	-1.8%
Diluted EPS	$0.07	$0.29	-$0.04	-75.9%

$ million except per share.

Fourth quarters are the year less the first three quarters. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.

Cash flow

$ million	Q1 FY2027	Q4 FY2026	Q1 FY2026	On the quarter	On the year
Operating cash flow	180	268	284	-32.8%	-36.5%
Capital expenditure	68.4	66.6	72.3	+2.8%	-5.4%
Free cash flow	112	201	212	-44.5%	-47.2%
Free cash flow margin	10.6%	19.0%	27.2%
Cash from investing	-45.5	-82.3	-112
Cash from financing	-151	-195	-150
Depreciation and amortisation	38.8	38.6	30.3	+0.5%	+28.1%
Share-based compensation	122	133	96.3	-8.6%	+26.8%
Buybacks	84.1	127	120	-33.9%	-29.9%
Diluted shares, weighted	343m	346m	327m	-0.7%	+5.2%
Shares outstanding at period end	332m	330m	327m	+0.6%	+1.7%

Cash flow lines for the quarter; where the company files them year to date, the quarter is the difference between two filings.

Balance sheet

$ million	Q1 FY2027	Q4 FY2026	Q1 FY2026	On the quarter	On the year
Shareholders' equity	1,442	1,446	1,244	-0.2%	+15.9%
Debt	0.0	0.0	100
Operating lease liabilities	186	172	130	+7.9%	+43.1%
Finance lease liabilities	n/a	2.3	0.8
Other liabilities	3,122	3,054	2,336	+2.2%	+33.7%
Total liabilities and equity	4,750	4,674	3,810	+1.6%	+24.7%
Fixed assets	614	587	504	+4.6%	+21.9%
Goodwill	365	365	361	0.0%	+1.0%
Intangible assets	5.3	7.3	15.1	-27.3%	-64.6%
Securities held for sale or to maturity	667	692	840	-3.7%	-20.6%
Cash and equivalents	838	855	739	-2.0%	+13.3%
Receivables	887	945	411	-6.1%	+115.6%
Inventory	77.9	75.9	37.5	+2.6%	+107.6%
Other assets	1,296	1,147	902	+13.0%	+43.6%
Total assets	4,750	4,674	3,810	+1.6%	+24.7%

Questions

What was Everpure's revenue in Q1 FY2027?

Everpure (P) reported revenue of $1.1 billion for Q1 FY2027, the quarter ended 3 May 2026, up 35.2% on the same quarter a year earlier.

How much did Everpure earn in Q1 FY2027?

Net income for Q1 FY2027 was $24 million, and diluted earnings per share $0.07.

When did Everpure report Q1 FY2027 results?

Everpure filed its 10-Q for the quarter ended 3 May 2026 with the SEC on 5 June 2026.

Quarterly results, the last 20 quarters

	Q3 FY2022	Q4 FY2022 *	Q1 FY2023	Q2 FY2023	Q3 FY2023	Q4 FY2023 *	Q1 FY2024	Q2 FY2024	Q3 FY2024	Q4 FY2024 *	Q1 FY2025	Q2 FY2025	Q3 FY2025	Q4 FY2025 *	Q1 FY2026	Q2 FY2026	Q3 FY2026	Q4 FY2026 *	Q1 FY2027	Q2 FY2027
Revenue	563	709	620	647	676	810	589	689	763	790	693	764	831	880	778	861	964	1,059	1,053	1,186
Cost of revenue	188	233	194	203	210	249	176	202	210	221	198	224	248	286	242	257	267	319	330	375
Gross profit	375	476	426	444	466	561	413	487	553	569	496	540	583	594	536	604	697	740	723	811
Gross margin	67%	67%	69%	69%	69%	69%	70%	71%	72%	72%	71%	71%	70%	68%	69%	70%	72%	70%	69%	68%
R&D	148	163	161	166	180	186	185	182	182	187	194	195	200	215	222	242	256	243	259	294
Operating income	-18.1	29.8	-4.6	14.4	9.1	64.6	-71.8	-6.2	74.2	57.4	-41.8	24.9	59.7	42.5	-31.2	4.9	53.9	87.2	19.9	63.2
Operating margin	-3%	4%	-1%	2%	1%	8%	-12%	-1%	10%	7%	-6%	3%	7%	5%	-4%	1%	6%	8%	2%	5%
Interest expense	9.1	9.9	1.5	1.0	1.1	1.1	1.4	2.0	2.1	2.0	2.0	2.0	1.9	1.8	1.8	1.1	0.3	0.3	0.2	0.3
Pre-tax income	-26.0	19.8	-10.7	14.9	6.3	81.3	-60.1	0.5	79.4	70.8	-27.7	44.3	76.8	54.4	0.5	50.6	65.7	108	33.9	72.2
Tax rate	n/a	24%	n/a	27%	112%	8%	n/a	1653%	11%	8%	n/a	19%	17%	22%	2992%	7%	17%	7%	29%	-3%
Net income	-28.7	14.9	-11.5	10.9	-0.8	74.5	-67.4	-7.1	70.4	65.4	-35.0	35.7	63.6	42.4	-14.0	47.1	54.8	100	24.1	74.1
Net margin	-5%	2%	-2%	2%	-0%	9%	-11%	-1%	9%	8%	-5%	5%	8%	5%	-2%	5%	6%	9%	2%	6%
Diluted EPS	-$0.10	$0.06	-$0.04	$0.03	$0.00	$0.22	-$0.22	-$0.02	$0.21	$0.20	-$0.11	$0.10	$0.19	$0.12	-$0.04	$0.14	$0.16	$0.29	$0.07	$0.21
Operating cash flow	127	138	220	159	155	233	173	102	158	244	222	227	97.0	209	284	212	116	268	180	-136
Capital expenditure	25.7	21.1	32.8	25.2	39.9	60.2	51.4	55.1	45.1	43.6	48.8	60.0	61.8	56.1	72.3	62.0	63.4	66.6	68.4	101
Free cash flow	101	117	187	134	115	173	122	46.5	113	201	173	167	35.2	152	212	150	52.6	201	112	-238
Buybacks	56.2	69.6	66.4	60.6	24.6	67.5	69.9	22.0	22.5	21.5	0.0	0.0	182	192	120	42.2	53.3	127	84.1	69.0
Shares outstanding	290m	298m	296m	299m	303m	308m	308m	312m	316m	325m	325m	328m	326m	326m	327m	329m	330m	330m	332m	333m
Filing	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q	10-Q	10-K	10-Q	10-Q

Each quarter as filed, linked to its filing.

* The fourth quarter is the full year less the first three quarters, because the company files the year and not the quarter on its own. A fourth quarter's EPS, and its diluted share count where shown, are from the company's results press release for that quarter, checked against the company's filed figures or a second data source. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and the share count are as they are. Free cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Cash flow lines filed year to date are the difference between two filings. Shares outstanding are at the period end where the balance sheet tags them, otherwise the count on the filing's cover page. A derived fourth-quarter EPS is left blank when a split in the year makes the arithmetic meaningless.

10-Q for the period ended 3 May 2026, filed 5 June 2026: the filing.