Everpure (P)


Market Price (8/11/2026): $103.56 | Market Cap: $34.3 BilSector: Information Technology | Industry: Technology Hardware, Storage & Peripherals

Everpure (P)


Market Price (8/11/2026): $103.56
Market Cap: $34.3 Bil
Sector: Information Technology
Industry: Technology Hardware, Storage & Peripherals

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.

0

Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%

Megatrend and thematic drivers
Megatrends include Water Infrastructure. Themes include Water Treatment & Delivery, and Wastewater Management.

Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%

Weak multi-year price returns
2Y Excs Rtn is -3.2%, 3Y Excs Rtn is -26%

Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 125x, P/EPrice/Earnings or Price/(Net Income) is 143x

Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13%

Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.6%

0 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 20%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%
1 Megatrend and thematic drivers
Megatrends include Water Infrastructure. Themes include Water Treatment & Delivery, and Wastewater Management.
2 Trading close to highs
Dist 52W High is 0.0%, Dist 3Y High is 0.0%
3 Weak multi-year price returns
2Y Excs Rtn is -3.2%, 3Y Excs Rtn is -26%
4 Expensive valuation multiples
P/EBITPrice/EBIT or Price/(Operating Income) ratio is 125x, P/EPrice/Earnings or Price/(Net Income) is 143x
5 Significant share based compensation
SBC/Rev LTMShare Based Compensation / Revenue (Sales), Last Twelve Months (LTM) is 13%
6 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -3.6%

P in ETFs

Weight = P's share of each fund

VTI0.04%
ITOT0.04%
IWB0.04%
IJH0.76%
VB0.30%
ARKW1.6%
IJK1.5%
MDYG1.5%
+18 more covered ETFs

Valuation & Metrics

Price Chart

Why The Stock Moved

Qualitative Assessment

AI Analysis | Feedback

Updated on 8/10/2026

Everpure (P) stock has gained about 35% since 4/30/2026 because of the following key factors:

1. Everpure reported robust fiscal Q1 2027 financial results, exceeding analyst expectations and raising full-year guidance. The company announced Q1 fiscal 2027 revenue of $1.1 billion, representing a 35% year-over-year increase, which surpassed the consensus estimate of $997.88 million. Earnings per share (EPS) of $0.47 also beat analysts' consensus estimates of $0.40. Following this strong performance, Everpure increased its revenue and operating profit guidance for the full fiscal year 2027.

2. The company significantly expanded its position in AI-driven data storage and secured a new hyperscaler design win. Everpure reinforced its presence in the artificial intelligence (AI) infrastructure market by launching new offerings such as FlashBlade//EXA for AI and high-performance computing, and by introducing its Data-Primacy Architecture for the AI Era. This strategic focus was further validated by a new design win with a second top-five hyperscaler, demonstrating increasing demand for its storage and data management technology in the evolving AI landscape.

Show more
Updated on 8/10/2026

Everpure (P) stock has gained about 35% since 4/30/2026 because of the following key factors:

1. Everpure reported robust fiscal Q1 2027 financial results, exceeding analyst expectations and raising full-year guidance. The company announced Q1 fiscal 2027 revenue of $1.1 billion, representing a 35% year-over-year increase, which surpassed the consensus estimate of $997.88 million. Earnings per share (EPS) of $0.47 also beat analysts' consensus estimates of $0.40. Following this strong performance, Everpure increased its revenue and operating profit guidance for the full fiscal year 2027.

2. The company significantly expanded its position in AI-driven data storage and secured a new hyperscaler design win. Everpure reinforced its presence in the artificial intelligence (AI) infrastructure market by launching new offerings such as FlashBlade//EXA for AI and high-performance computing, and by introducing its Data-Primacy Architecture for the AI Era. This strategic focus was further validated by a new design win with a second top-five hyperscaler, demonstrating increasing demand for its storage and data management technology in the evolving AI landscape.

3. Analysts responded with positive sentiment and multiple price target upgrades. Following the strong Q1 fiscal 2027 results and strategic advancements, several analysts raised their price targets for Everpure. Notably, Susquehanna upgraded the stock from "Neutral" to "Positive" and increased its price target from $85 to $120. Morgan Stanley also upgraded Everpure to "Overweight" with a $108 target. This contributed to a consensus "Moderate Buy" rating with an average price target of $98.30.

4. Everpure maintained a strong financial position characterized by ample cash and robust cash flow generation. The company demonstrated solid financial health with $1.5 billion in cash and investments and minimal long-term debt, reported at approximately $186 million. In fiscal Q1 2027, Everpure generated $180 million in operating cash flow and $112 million in free cash flow, indicating strong liquidity and financial flexibility to support ongoing growth initiatives and strategic investments.

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Stock Movement Drivers

Fundamental Drivers

The 37.1% change in P stock from 4/30/2026 to 8/10/2026 was primarily driven by a 14.3% change in the company's P/E Multiple.
(LTM values as of)43020268102026Change
Stock Price ($)71.4597.9837.1%
Change Contribution By: 
Total Revenues ($ Mil)3,6633,9377.5%
Net Income Margin (%)5.1%5.7%11.9%
P/E Multiple125.5143.414.3%
Shares Outstanding (Mil)330331-0.2%
Cumulative Contribution37.1%

LTM = Last Twelve Months as of date shown

Market Drivers

4/30/2026 to 8/10/2026
ReturnCorrelation
P37.1% 
Market (SPY)7.6%50.3%
Sector (XLK)16.8%63.0%

Fundamental Drivers

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Market Drivers

1/31/2026 to 8/10/2026
ReturnCorrelation
P  
Market (SPY)12.0%49.3%
Sector (XLK)29.7%62.1%

Fundamental Drivers

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Market Drivers

7/31/2025 to 8/10/2026
ReturnCorrelation
P  
Market (SPY)23.3%49.3%
Sector (XLK)42.4%62.1%

Fundamental Drivers

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Market Drivers

7/31/2023 to 8/10/2026
ReturnCorrelation
P  
Market (SPY)74.8%49.3%
Sector (XLK)112.9%62.1%

Return vs. Risk

Price Returns Compared

 202120222023202420252026Total [1]
Returns
P Return-----34%34%
Peers Return30%-13%52%37%9%94%398%
S&P 500 Return27%-19%24%23%16%13%107%

Monthly Win Rates [3]
P Win Rate-----60% 
Peers Win Rate62%43%65%60%50%65% 
S&P 500 Win Rate75%42%67%75%67%50% 

Max Drawdowns [4]
P Max Drawdown------ 
Peers Max Drawdown-19%-37%-16%-29%-39%-27% 
S&P 500 Max Drawdown-5%-25%-10%-8%-19%-9% 


[1] Cumulative total returns since the beginning of 2021
[2] Peers: DELL, HPE, NTAP, IBM, NTNX.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 8/10/2026 (YTD)

How Low Can It Go

P has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

EventXLKS&P 500
2025 US Tariff Shock
  % Loss-25.7%-18.8%
  % Gain to Breakeven34.5%23.1%
  Time to Breakeven65 days79 days
2024 Yen Carry Trade Unwind
  % Loss-17.0%-7.8%
  % Gain to Breakeven20.4%8.5%
  Time to Breakeven92 days18 days
Summer-Fall 2023 Five Percent Yield Shock
  % Loss-10.0%-9.5%
  % Gain to Breakeven11.2%10.5%
  Time to Breakeven15 days24 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.1%-24.5%
  % Gain to Breakeven49.5%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-31.2%-33.7%
  % Gain to Breakeven45.2%50.9%
  Time to Breakeven78 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.8%-19.2%
  % Gain to Breakeven31.2%23.8%
  Time to Breakeven100 days105 days

Compare to DELL, HPE, NTAP, IBM, NTNX

In The Past

State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

P has limited trading history. Below is the Information Technology sector ETF (XLK) in its place.

EventXLKS&P 500
2025 US Tariff Shock
  % Loss-25.7%-18.8%
  % Gain to Breakeven34.5%23.1%
  Time to Breakeven65 days79 days
2022 Inflation Shock & Fed Tightening
  % Loss-33.1%-24.5%
  % Gain to Breakeven49.5%32.4%
  Time to Breakeven246 days427 days
2020 COVID-19 Crash
  % Loss-31.2%-33.7%
  % Gain to Breakeven45.2%50.9%
  Time to Breakeven78 days140 days
Q4 2018 Fed Policy Error / Growth Scare
  % Loss-23.8%-19.2%
  % Gain to Breakeven31.2%23.8%
  Time to Breakeven100 days105 days
2008-2009 Global Financial Crisis
  % Loss-51.5%-53.4%
  % Gain to Breakeven106.2%114.4%
  Time to Breakeven797 days1085 days

Compare to DELL, HPE, NTAP, IBM, NTNX

In The Past

State Street Technology Select Sector SPDR ETF's stock fell -25.7% during the 2025 US Tariff Shock. Such a loss loss requires a 34.5% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About Everpure (P)

Pandora Media, Inc. provides Internet music platform services in North America. The company allows its listeners to create personalized stations to access music and comedy catalogs, as well as personalized playlist generating system; and offers Pandora Plus and Pandora Premium, a paid subscription service to listeners. Pandora Media, Inc. also sells audio, display, and video advertising to advertisers for delivery on computer, mobile, and other connected device platforms. In addition, the company offers ticketing and marketing software and services for venues and event promoters to promote their events, as well as allow fans to find and purchase tickets for events. Pandora Media, Inc. was founded in 2000 and is headquartered in Oakland, California.

AI Analysis | Feedback

Here are 1-3 brief analogies for Pandora Media, Inc. (symbol: P):

  • Spotify for personalized radio stations.
  • YouTube for audio, specializing in personalized music and comedy.

AI Analysis | Feedback

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AI Analysis | Feedback

Pandora Media, Inc. (P) primarily serves individuals as the end-users of its core music and comedy streaming platform, while also catering to businesses through its advertising and event services. Its major customer categories include:

  • Individual Listeners and Subscribers: These are the core users who access Pandora's personalized music and comedy content. This category includes both users of the free, ad-supported service and subscribers to paid tiers such as Pandora Plus and Pandora Premium.
  • Advertisers: Businesses and organizations that purchase audio, display, and video advertising space on Pandora's platform to reach its diverse audience across various connected devices.
  • Entertainment Industry Businesses: This category encompasses venues and event promoters who utilize Pandora's specialized ticketing and marketing software and services to promote their events and facilitate ticket sales.

AI Analysis | Feedback

  • Universal Music Group (UMG.AS)
  • Sony Corporation (SONY)
  • Warner Music Group Corp. (WMG)
  • Amazon.com, Inc. (AMZN)

AI Analysis | Feedback

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AI Analysis | Feedback

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AI Analysis | Feedback

1. Dominance of comprehensive on-demand music streaming platforms: The emergence and rapid growth of services like Spotify and Apple Music, which offered vast on-demand music libraries alongside advanced personalization features, directly threatened Pandora's core internet radio model. These platforms shifted consumer expectations toward greater control over music selection and a more expansive listening experience, putting pressure on Pandora to adapt its offerings.

2. Deep integration of music services within technology ecosystems: Major technology companies such as Apple, Amazon, and Google leveraged their dominant hardware and software ecosystems (e.g., iPhones, Android devices, smart speakers) to integrate and promote their own music streaming services. This created a significant competitive disadvantage for standalone platforms like Pandora, making it harder to acquire and retain users who increasingly defaulted to pre-installed or seamlessly integrated services within their chosen device ecosystems.

AI Analysis | Feedback

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AI Analysis | Feedback

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AI Analysis | Feedback

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Better Bets vs. Everpure (P)

Recent Active Movers

Peer Comparisons

Peers to compare with:

Financials

PDELLHPENTAPIBMNTNXMedian
NameEverpure Dell Tec.Hewlett .NetApp Internat.Nutanix  
Mkt Price97.98457.8854.68198.72236.3164.46148.35
Mkt Cap32.4297.273.039.5222.417.356.3
Rev LTM3,937134,00238,7946,92569,0972,68622,860
Op Inc LTM16610,8482,2481,69512,7052131,972
FCF LTM5169,4423,9891,86913,1447772,929
FCF 3Y Avg5386,1282,3531,57912,2956041,966
CFO LTM77612,4706,3582,06714,8888324,212
CFO 3Y Avg7738,8954,7391,75313,9746743,246

Growth & Margins

PDELLHPENTAPIBMNTNXMedian
NameEverpure Dell Tec.Hewlett .NetApp Internat.Nutanix  
Rev Chg LTM21.0%38.6%22.6%5.4%7.9%15.9%18.4%
Rev Chg 3Y Avg13.2%12.9%10.0%2.9%4.5%16.3%11.5%
Rev Chg Q35.2%87.5%40.0%12.5%1.1%10.4%23.9%
QoQ Delta Rev Chg LTM7.5%18.0%8.5%3.2%0.3%2.6%5.4%
Op Inc Chg LTM73.1%63.1%1.7%18.9%16.3%209.6%41.0%
Op Inc Chg 3Y Avg254.5%29.1%-4.8%13.6%13.3%192.4%21.4%
Op Mgn LTM4.2%8.1%5.8%24.5%18.4%7.9%8.0%
Op Mgn 3Y Avg3.9%7.2%6.9%22.1%17.0%3.0%7.0%
QoQ Delta Op Mgn LTM1.1%0.8%1.0%1.3%-0.4%0.5%0.9%
CFO/Rev LTM19.7%9.3%16.4%29.8%21.5%31.0%20.6%
CFO/Rev 3Y Avg23.2%8.2%14.4%26.5%21.4%28.4%22.3%
FCF/Rev LTM13.1%7.0%10.3%27.0%19.0%28.9%16.1%
FCF/Rev 3Y Avg16.2%5.6%7.0%23.9%18.9%25.4%17.5%

Valuation

PDELLHPENTAPIBMNTNXMedian
NameEverpure Dell Tec.Hewlett .NetApp Internat.Nutanix  
Mkt Cap32.4297.273.039.5222.417.356.3
P/S8.22.21.95.73.26.44.5
P/Op Inc195.527.432.523.317.581.129.9
P/EBIT125.025.332.522.518.060.728.9
P/E143.435.346.931.020.764.741.1
P/CFO41.823.811.519.114.920.820.0
Total Yield0.7%3.3%3.1%4.3%7.7%1.5%3.2%
Dividend Yield0.0%0.5%1.0%1.0%2.8%0.0%0.8%
FCF Yield 3Y Avg-4.4%5.9%6.0%5.6%3.9%5.6%
D/E0.00.10.30.10.30.10.1
Net D/E-0.00.10.2-0.00.3-0.00.0

Returns

PDELLHPENTAPIBMNTNXMedian
NameEverpure Dell Tec.Hewlett .NetApp Internat.Nutanix  
1M Rtn23.5%5.4%12.6%17.7%-17.2%17.6%15.1%
3M Rtn12.2%85.7%77.6%69.3%6.5%42.7%56.0%
6M Rtn46.3%280.5%130.8%93.2%-18.6%55.0%74.1%
12M Rtn46.3%237.0%168.2%90.4%0.1%-10.0%68.3%
3Y Rtn46.3%745.3%235.7%174.5%81.1%118.5%146.5%
1M Excs Rtn21.2%3.1%10.3%15.3%-19.6%15.3%12.8%
3M Excs Rtn20.6%71.3%70.1%64.1%-1.2%35.3%49.7%
6M Excs Rtn34.5%268.2%121.9%82.0%-31.2%48.3%65.1%
12M Excs Rtn24.0%223.9%151.3%72.4%-24.7%-33.5%48.2%
3Y Excs Rtn-25.9%725.6%168.9%93.4%9.3%48.6%71.0%

Comparison Analyses

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Financials

Segment Financials

Revenue by Segment
$ Mil20262025202420232022
Product revenue1,9721,6991,6231,7921,442
Subscription services revenue1,6911,4691,208961739
Total3,6633,1682,8312,7532,181


Price Behavior

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P Betas & Captures as of 7/31/2026

 1M2M3M6M1Y3Y
Beta3.193.132.83-0.94-0.45-0.07
Up Beta7.554.172.392.49-1.310.54
Down Beta0.582.442.010.05-0.560.07
Up Capture266%363%398%191%85%8%
Bmk +ve Days11223567138427
Stock +ve Days112133404040
Down Capture270%260%270%142%94%53%
Bmk -ve Days11212859114326
Stock -ve Days112230323232

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with P
P46.5%71.7%2.01-
Sector ETF (XLK)42.3%25.9%1.3262.1%
Equity (SPY)23.4%12.8%1.3749.3%
Gold (GLD)28.7%28.4%0.8826.3%
Commodities (DBC)37.2%20.1%1.468.1%
Real Estate (VNQ)12.4%13.8%0.60-35.3%
Bitcoin (BTCUSD)-44.9%43.0%-1.2730.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 5-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with P
P7.9%71.7%2.01-
Sector ETF (XLK)20.4%25.8%0.7062.1%
Equity (SPY)13.5%17.2%0.6149.3%
Gold (GLD)18.9%18.6%0.8326.3%
Commodities (DBC)9.2%19.6%0.368.1%
Real Estate (VNQ)2.1%18.9%0.01-35.3%
Bitcoin (BTCUSD)10.6%52.9%0.3930.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
Annualized
Return
Annualized
Volatility
Sharpe
Ratio
Correlation
with P
P3.9%71.7%2.01-
Sector ETF (XLK)24.4%24.9%0.8962.1%
Equity (SPY)15.4%17.9%0.7349.3%
Gold (GLD)12.1%16.2%0.6126.3%
Commodities (DBC)7.7%18.1%0.348.1%
Real Estate (VNQ)4.6%20.7%0.18-35.3%
Bitcoin (BTCUSD)58.3%66.2%0.9830.1%

Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date7152026
Short Interest: Shares Quantity10.5 Mil
Short Interest: % Change Since 6302026-0.8%
Average Daily Volume2.5 Mil
Days-to-Cover Short Interest4.2 days
Basic Shares Quantity331.2 Mil
Short % of Basic Shares3.2%

Earnings Returns History

Updated 6/30/2026
Expand for More
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/27/2026-14.8%-5.7%-19.3%
SUMMARY STATS   
# Positive000
# Negative111
Median Positive   
Median Negative-14.8%-5.7%-19.3%
Max Positive   
Max Negative-14.8%-5.7%-19.3%
Collapse to Preview
 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
5/27/2026-14.8%-5.7%-19.3%
SUMMARY STATS   
# Positive000
# Negative111
Median Positive   
Median Negative-14.8%-5.7%-19.3%
Max Positive   
Max Negative-14.8%-5.7%-19.3%

SEC Filings

Expand for More
Report DateFiling DateFiling
04/30/202606/05/202610-Q
01/31/202603/25/202610-K
10/31/202512/10/202510-Q
07/31/202509/10/202510-Q
04/30/202506/11/202510-Q
01/31/202503/27/202510-K
10/31/202412/12/202410-Q
07/31/202409/11/202410-Q
04/30/202406/13/202410-Q
01/31/202404/01/202410-K
10/31/202312/15/202310-Q
07/31/202309/14/202310-Q
04/30/202306/16/202310-Q
01/31/202304/03/202310-K
10/31/202212/15/202210-Q
07/31/202209/15/202210-Q
Collapse to Preview
Report DateFiling DateFiling
04/30/202606/05/202610-Q
01/31/202603/25/202610-K
10/31/202512/10/202510-Q
07/31/202509/10/202510-Q
04/30/202506/11/202510-Q
01/31/202503/27/202510-K
10/31/202412/12/202410-Q
07/31/202409/11/202410-Q
04/30/202406/13/202410-Q
01/31/202404/01/202410-K
10/31/202312/15/202310-Q
07/31/202309/14/202310-Q
04/30/202306/16/202310-Q
01/31/202304/03/202310-K
10/31/202212/15/202210-Q
07/31/202209/15/202210-Q
04/30/202206/16/202210-Q
01/31/202204/07/202210-K
10/31/202112/07/202110-Q
07/31/202109/08/202110-Q
04/30/202106/08/202110-Q
01/31/202103/25/202110-K
10/31/202012/09/202010-Q
07/31/202009/11/202010-Q
04/30/202006/11/202010-Q
01/31/202003/27/202010-K
10/31/201912/09/201910-Q
07/31/201908/30/201910-Q

Recent Forward Guidance

Updated 7/27/2026

Latest: Q1 2027 Earnings Reported 5/27/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q2 2027 Revenue1.09 Bil1.10 Bil1.10 Bil   
Q2 2027 Revenue YoY Growth Rate27.0%27.5%28.0%   
Q2 2027 Non-GAAP Operating Income195.00 Mil200.00 Mil205.00 Mil   
Q2 2027 Non-GAAP Operating Income YoY Growth Rate50.0%54.0%58.0%   
2027 Revenue4.41 Bil4.46 Bil4.51 Bil2.5% RaisedGuidance: 4.35 Bil for 2027
2027 Revenue YoY Growth Rate20.0%21.5%23.0% 3.0%RaisedGuidance: 18.5% for 2027
2027 Non-GAAP Operating Income820.00 Mil840.00 Mil860.00 Mil5.0% RaisedGuidance: 800.00 Mil for 2027
2027 Non-GAAP Operating Income YoY Growth Rate29.0%32.5%36.0% 6.5%RaisedGuidance: 26.0% for 2027

Prior: Q4 2026 Earnings Reported 2/25/2026

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q1 2027 Revenue990.00 Mil1.00 Bil1.01 Bil-2.9% Lower NewActual: 1.03 Bil for Q4 2026
Q1 2027 Revenue YoY Growth Rate27.0%28.5%30.0% 11.4%Higher NewActual: 17.05% for Q4 2026
Q1 2027 Non-GAAP Operating Income125.00 Mil130.00 Mil135.00 Mil-42.2% Lower NewActual: 225.00 Mil for Q4 2026
Q1 2027 Non-GAAP Operating Income YoY Growth Rate51.0%57.0%63.0% 10.0%Higher NewActual: 46.95% for Q4 2026
2027 Revenue4.30 Bil4.35 Bil4.40 Bil19.7% Higher NewActual: 3.63 Bil for 2026
2027 Revenue YoY Growth Rate17.0%18.5%20.0% 3.8%Higher NewActual: 14.7% for 2026
2027 Non-GAAP Operating Income780.00 Mil800.00 Mil820.00 Mil26.2% Higher NewActual: 634.00 Mil for 2026
2027 Non-GAAP Operating Income YoY Growth Rate23.0%26.0%29.0% 12.7%Higher NewActual: 13.3% for 2026

Q3 2026 Earnings Reported 12/2/2025

Forward GuidanceGuidance Change
MetricLowMidHigh% Chg% DeltaChangePrior
Q4 2026 Revenue1.02 Bil1.03 Bil1.04 Bil   
Q4 2026 Revenue Growth16.5%17.05%17.6%   
Q4 2026 Operating Income220.00 Mil225.00 Mil230.00 Mil   
Q4 2026 Non-GAAP Operating Income Growth43.7%46.95%50.2%   
2026 Revenue3.63 Bil3.63 Bil3.64 Bil0.6% RaisedGuidance: 3.62 Bil for 2026
2026 Revenue Growth14.5%14.7%14.9% 0.7%RaisedGuidance: 14.0% for 2026
2026 Operating Income629.00 Mil634.00 Mil639.00 Mil3.1% RaisedGuidance: 615.00 Mil for 2026
2026 Non-GAAP Operating Income Growth12.4%13.3%14.2% 3.4%RaisedGuidance: 9.95% for 2026

Insider Activity

Updated 8/6/2026
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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Colgrove, JohnChief Visionary OfficerCRTSell806202685.6689,720  Form
2Colgrove, JohnChief Visionary OfficerTrustSell714202679.82100,0007,982,329204,746,739Form
3Giancarlo, Charles HCEODirectSell713202680.6870,0005,647,773135,514,044Form
4Giancarlo, Charles HCEODirectSell713202680.0565,8005,267,290140,055,240Form
5Taylor, Susan JS DirectSell713202681.748,543698,3057,733,258Form
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#OwnerTitleHoldingActionFiling DatePriceSharesTransacted
Value
Value of
Held Shares
Form
1Colgrove, JohnChief Visionary OfficerCRTSell806202685.6689,720  Form
2Colgrove, JohnChief Visionary OfficerTrustSell714202679.82100,0007,982,329204,746,739Form
3Giancarlo, Charles HCEODirectSell713202680.6870,0005,647,773135,514,044Form
4Giancarlo, Charles HCEODirectSell713202680.0565,8005,267,290140,055,240Form
5Taylor, Susan JS DirectSell713202681.748,543698,3057,733,258Form
6Singh, AjayChief Product OfficerDirectSell710202678.129,787764,56026,634,155Form
7Giancarlo, Charles HCEODirectSell702202680.014,200336,042145,249,914Form
8Brown, Andrew William Fraser DirectSell629202672.574,735343,6192,008,955Form
9Yen, Mallun DirectSell624202676.904,735364,1223,328,309Form
10Colgrove, JohnChief Visionary OfficerTrustSell612202671.0499,9007,096,769185,766,288Form
11Colgrove, JohnChief Visionary OfficerTrustSell612202670.001007,000186,543,000Form
12Colgrove, JohnChief Visionary OfficerCRTSell604202685.3210,280  Form
13Colgrove, JohnChief Visionary OfficerCRTSell513202684.04100,000  Form
14Colgrove, JohnChief Visionary OfficerTrustSell513202687.82100,0008,781,933234,038,511Form
15Giancarlo, Charles HCEODirectSell513202687.66580,00050,845,327162,146,889Form
16Colgrove, JohnChief Visionary OfficerTrustSell507202675.3129,1082,192,12335,222,035Form
17Colgrove, JohnChief Visionary OfficerTrustSell507202675.0127,5782,068,62637,265,118Form
18Colgrove, JohnChief Visionary OfficerTrustSell507202675.1277,5795,827,73439,391,426Form
19Colgrove, JohnChief Visionary OfficerTrustSell428202670.0128,935  Form
20Colgrove, JohnChief Visionary OfficerTrustSell423202670.0671,9595,041,3672,027,154Form
21Colgrove, JohnChief Visionary OfficerTrustSell423202670.5082,2665,799,8794,718,456Form
22Colgrove, JohnChief Visionary OfficerTrustSell423202670.0616,8401,179,8106,613,033Form
23Murphy, John Francis DirectSell106202668.894,038278,1781,079,369Form
24Singh, AjayChief Product OfficerDirectSell1223202567.147,178481,93114,441,210Form
25Colgrove, JohnChief Visionary OfficerCRTSell1209202571.31100,000  Form
26Colgrove, JohnChief Visionary OfficerCRTSell1112202591.59100,0009,158,9359,158,935Form
27Colgrove, JohnChief Visionary OfficerCRTSell1016202592.49100,0009,248,93118,497,863Form
28Chu, MonaChief Accounting OfficerDirectSell1001202584.919,091771,9179,115,343Form
29Singh, AjayChief Product OfficerDirectSell926202585.857,014602,15219,686,006Form
30Chu, MonaChief Accounting OfficerDirectSell923202588.085,155454,05210,256,388Form
31Fitzsimons, DanChief Revenue OfficerDirectSell923202587.426,051528,9785,486,392Form
32Colgrove, JohnChief Visionary OfficerCRTSell922202587.33100,0008,733,09426,199,282Form
33Chu, MonaChief Accounting OfficerDirectSell917202584.3912,2991,037,91310,683,774Form
34Singh, AjayChief Product OfficerDirectSell912202582.3818,2801,505,90620,033,580Form
35Taylor, Roxanne DirectSell905202576.933,000230,7901,257,267Form
36Chu, MonaChief Accounting OfficerDirectSell904202576.5117,5001,338,92510,627,162Form
37Colgrove, JohnChief Visionary OfficerCRTSell828202560.0895,3005,725,62424,032,000Form
38Colgrove, JohnChief Visionary OfficerCRTSell828202560.014,700282,04729,722,953Form
39Colgrove, JohnChief Visionary OfficerTrustSell731202560.3234,8242,100,58142,342,106Form
40Colgrove, JohnChief Visionary OfficerCRTSell731202560.32163,9259,887,94230,159,957Form
41Colgrove, JohnChief Visionary OfficerTrustSell731202560.0260,6723,641,53344,221,716Form
42Colgrove, JohnChief Visionary OfficerCRTSell731202560.02127,0687,626,62139,848,778Form
43Colgrove, JohnChief Visionary OfficerTrustSell731202560.094,504270,64547,919,071Form
44Colgrove, JohnChief Visionary OfficerCRTSell731202560.099,007541,23147,530,769Form

Investor Activity (13F)

Updated Aug 11, 2026
13F holdings as of Mar 31, 2026 (Q1 2026)

Active managers (13F portfolio over $250M, at least 3 holdings) with a position over $5M that is either over 10% of their portfolio or held in a concentrated book of 50 or fewer total positions. Index/ETF, sovereign, bank, community-bank and charitable/donor-advised filers are excluded.

Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Turiya Advisors Asia Ltd$75.2 Mil15.2%5ADD +27.3%13F
UNICOM Systems, Inc.$28.6 Mil2.9%32Hold13F
DSM Capital Partners LLC$69.4 Mil1.2%44New13F
Crosslink Capital Inc$7.8 Mil0.8%21TRIM -72.6%13F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
DSM Capital Partners LLC$69.4 Mil1.2%44New13F
Turiya Advisors Asia Ltd$75.2 Mil15.2%5ADD +27.3%13F
Active ManagerValue% of PortfolioTotal PositionsQoQAs OfFiling
Atreides Management, LP$279.9 Mil5.9%49ExitedDec 31, 202513F
Crosslink Capital Inc$7.8 Mil0.8%21TRIM -72.6%Mar 31, 202613F
Active ManagerValue% of PortfolioTotal PositionsQoQFiling
Turiya Advisors Asia Ltd$75.2 Mil15.2%5ADD +27.3%13F
DSM Capital Partners LLC$69.4 Mil1.2%44New13F
UNICOM Systems, Inc.$28.6 Mil2.9%32Hold13F
Crosslink Capital Inc$7.8 Mil0.8%21TRIM -72.6%13F
Core Cache Last Updated: 8/10/2026