Everpure
P · NYSEComputer Storage Devices · Fiscal year ends Jan 31
Everpure reported revenue of $3.7B in the fiscal year ended Feb 2026, up 15.6% from the year before. Operating income was $115M, an operating margin of 3.1%, and net income was $188M. Operating cash flow of $880M less capital expenditure of $264M left free cash flow of $616M.
Last 5 fiscal years
Revenue and net income
Income statement
| Fiscal year | Feb 2022 | Feb 2023 | Feb 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|
| Revenue | $2.2B | $2.8B | $2.8B | $3.2B | $3.7B |
| Cost of revenue | $708M | $856M | $809M | $955M | $1.1B |
| Gross profit | $1.5B | $1.9B | $2B | $2.2B | $2.6B |
| Research & development | $582M | $693M | $737M | $804M | $963M |
| Operating income | −$98M | $84M | $54M | $85M | $115M |
| Interest expense | $37M | $5M | $7M | $8M | $3M |
| Pre-tax income | −$128M | $92M | $91M | $148M | $224M |
| Income tax | $15M | $19M | $29M | $41M | $36M |
| Net income | −$143M | $73M | $61M | $107M | $188M |
| Diluted EPS | −0.50 | 0.23 | 0.19 | 0.31 | 0.55 |
| Diluted shares | 286M | 339M | 333M | 343M | 343M |
Balance sheet
| Fiscal year | Feb 2022 | Feb 2023 | Feb 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|
| Cash & equivalents | $466M | $581M | $703M | $724M | $855M |
| Receivables | $542M | $612M | $662M | $681M | $945M |
| Inventory | $39M | $50M | $43M | $43M | $76M |
| Current assets | $2.2B | $2.5B | $2.5B | $2.6B | $3.1B |
| Net PP&E | $195M | $272M | $353M | $462M | $587M |
| Goodwill | $359M | $361M | $361M | $361M | $365M |
| Total assets | $3.1B | $3.5B | $3.7B | $4B | $4.7B |
| Payables | $71M | $67M | $83M | $112M | $153M |
| Deferred revenue | $563M | $718M | $852M | $954M | $1.2B |
| Current liabilities | $952M | $1.7B | $1.4B | $1.6B | $1.9B |
| Short-term debt | $0 | $575M | $0 | $100M | $0 |
| Long-term debt | $787M | $0 | $100M | $0 | – |
| Total liabilities | $2.4B | $2.6B | $2.4B | $2.7B | $3.2B |
| Shareholders' equity | $754M | $941M | $1.3B | $1.3B | $1.4B |
| Backlog (remaining obligations) | $1.4B | $1.8B | $2.3B | $2.6B | $3.7B |
Cash flow
| Fiscal year | Feb 2022 | Feb 2023 | Feb 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|
| Operating cash flow | $410M | $767M | $678M | $754M | $880M |
| Capital expenditure | $102M | $158M | $195M | $227M | $264M |
| Free cash flow | $308M | $609M | $483M | $527M | $616M |
| Depreciation & amortisation | $66M | $87M | $113M | $115M | $137M |
| Stock-based compensation | $287M | $328M | $331M | $421M | $482M |
| Acquisitions | $0 | $2M | $0 | $0 | $4M |
| Share buybacks | $200M | $219M | $136M | $374M | $343M |
Key ratios
| Fiscal year | Feb 2022 | Feb 2023 | Feb 2024 | Feb 2025 | Feb 2026 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 26.3% | 2.8% | 11.9% | 15.6% |
| Operating income growth (YoY) | – | – | −35.9% | 59.2% | 34.7% |
| EPS growth (YoY) | – | – | −17.4% | 63.2% | 77.4% |
| Gross margin | 67.5% | 68.9% | 71.4% | 69.8% | 70.4% |
| Operating margin | −4.5% | 3.0% | 1.9% | 2.7% | 3.1% |
| Net margin | −6.6% | 2.7% | 2.2% | 3.4% | 5.1% |
| Return on equityBlank when equity is negative | −19.0% | 7.8% | 4.8% | 8.2% | 13.0% |
| ROCEEBIT ÷ (assets − current liabilities) | −4.5% | 4.7% | 2.3% | 3.6% | 4.2% |
| Free cash flow margin | 14.1% | 22.1% | 17.0% | 16.6% | 16.8% |
| Cash conversion (CFO ÷ net income) | −2.86x | 10.5x | 11.1x | 7.06x | 4.68x |
| Receivable days | 91 | 81 | 85 | 78 | 94 |
| Inventory days | 20 | 21 | 19 | 16 | 26 |
| Payable days | 36 | 29 | 37 | 43 | 52 |
| Interest cover | −2.68x | 17.6x | 7.16x | 10.9x | 34.0x |
| Debt ÷ equity | 1.04x | 0.61x | 0.08x | 0.08x | – |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | $321M | −$6M | −$603M | −$624M | – |
| Current ratio | 2.30x | 1.41x | 1.83x | 1.61x | 1.60x |
Recent filings
More in Computer Storage Devices
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.