Risk Sleuth
P · 10-K filed 25 Mar 2026 · year to 1 Feb 2026

Everpure

30 named things its latest annual report says its results depend on, each in the company's own words. 23 of them are also named by other companies we've read.

Customers

U.S. government agencies

earns fromnamed as a risk
Government demand and payment for our Everpure Platform may be impacted by public sector budgetary cycles and funding reductions or delays, such as an extended federal government shutdown, which may adversely affect public sector demand for our Everpure Platform.Risk factors (Item 1A)

Also named by ARW, DJCO, FICO, MCHP, VTOL, ZS

Hyperscale customer (unnamed major hyperscaler)

earns fromnamed as a risk
Moreover, if our existing hyperscale customer were to delay, reduce or cancel its purchases from us, our business, operating results, cash flows and financial condition would be adversely affected.Risk factors (Item 1A)

Suppliers

Contract manufacturers

depends onnamed as a risk
We rely on a limited number of contract manufacturers to manufacture our products, which reduces our control over the assembly process and exposes us to risks, such as reduced control over quality assurance, costs and product supply.Risk factors (Item 1A)

Also named by AIOT, COHR, CSCO, DELL, GNRC, GOOG, HROW, KEYS and 6 more

Single-source component suppliers

depends onnamed as a risk
We rely on a limited number of suppliers and, in some cases, on single-source suppliers, for several key components of our products, and we have not generally entered into agreements for the long-term purchase of these components.Risk factors (Item 1A)

Also named by CSCO, LRCX, MTD, PROF, RMD

Partners and platforms

Channel partners (value-added resellers, distributors)

earns fromnamed as a risk
Our future success is highly dependent upon our ability to establish and maintain successful relationships with our partners, including value-added resellers, service providers and systems integrators.Risk factors (Item 1A)

Also named by CRWD, DELL, GTLB, KEYS, OKTA, QLYS, TEAM, VRNS

Amazon Web Services (AWS)

depends on
Everpure Cloud services are software-delivered, require no dedicated hardware running in the public cloud or internet colocation data centers, and are designed to be multi-cloud, supporting Amazon Web Services (AWS) and Microsoft Azure.Business (Item 1)

Also named by AAON, ABNB, ADSK, AIOT, BLK, CARR, CG, COF and 56 more

Microsoft Azure

depends on
Everpure Cloud services are software-delivered, require no dedicated hardware running in the public cloud or internet colocation data centers, and are designed to be multi-cloud, supporting Amazon Web Services (AWS) and Microsoft Azure.Business (Item 1)

Also named by AIOT, AKAM, BLK, DDOG, DOCN, DOCU, EXTR, FFIV and 14 more

Other companies

1touch

In February 2026, we entered into a definitive agreement to acquire 1touch, which provides data intelligence and governance tools.Business (Item 1)

Competitors

Hewlett Packard Enterprise

competes withnamed as a risk
We face intense competition from a number of established companies that sell competing storage products, including Dell EMC, HP Enterprise, Huawei, Hitachi Vantara, IBM, and NetApp.Risk factors (Item 1A)

Also named by ANET, CIEN, CLS, HPQ, IBM, SMCI

IBM

competes withnamed as a risk
We face intense competition from a number of established companies that sell competing storage products, including Dell EMC, HP Enterprise, Huawei, Hitachi Vantara, IBM, and NetApp.Risk factors (Item 1A)

Also named by DDOG, IONQ, MDB, PTC, QBTS, RBRK

Huawei

competes withnamed as a risk
We face intense competition from a number of established companies that sell competing storage products, including Dell EMC, HP Enterprise, Huawei, Hitachi Vantara, IBM, and NetApp.Risk factors (Item 1A)

Also named by CIEN, COHR, NVDA, PDFS, QCOM

Dell EMC

competes withnamed as a risk
We face intense competition from a number of established companies that sell competing storage products, including Dell EMC, HP Enterprise, Huawei, Hitachi Vantara, IBM, and NetApp.Risk factors (Item 1A)

Also named by RBRK

NetApp

competes withnamed as a risk
We face intense competition from a number of established companies that sell competing storage products, including Dell EMC, HP Enterprise, Huawei, Hitachi Vantara, IBM, and NetApp.Risk factors (Item 1A)

Hitachi Vantara

competes withnamed as a risk
We face intense competition from a number of established companies that sell competing storage products, including Dell EMC, HP Enterprise, Huawei, Hitachi Vantara, IBM, and NetApp.Risk factors (Item 1A)

Places

United States

concentrated in · the majority of our revenuenamed as a risk
Recent macroeconomic and geopolitical events, including tariffs, inflation, elevated interest rates, geopolitical tensions, and political and fiscal challenges in the United States and abroad, have, and may continue to have, an adverse effect on the budgets, confidence and demand of our customers, particularly in the United States where we derive the majority of our revenue.Risk factors (Item 1A)

Also named by ABBV, ADP, AJG, AMGN, APA, AXGN, AXP, BALL and 139 more

China

depends onnamed as a risk
Further, we source some of our product components from suppliers outside the United States, including from China, which subjects us to additional logistical risks and risks associated with complying with local rules and regulations in foreign countries.Risk factors (Item 1A)

Also named by A, AA, AAOI, AAP, AAPL, AB, ADI, AEHR and 261 more

California

operates innamed as a risk
We and our suppliers have operations in locations, including our headquarters in California, that are subject to earthquakes, fires, floods and other natural catastrophic events, such as climate change, severe weather and geological events, which could disrupt our operations or the operations of our customers and suppliers.Risk factors (Item 1A)

Also named by A, AAON, AFRM, ALK, ALLY, AN, ARE, AVAV and 88 more

Prague, Czech Republic

operates in
Our research and development teams are primarily based in Santa Clara, California, Prague, Czech Republic, Bangalore, India, Bellevue, Washington, and Vancouver, Canada.Business (Item 1)

Hazards

Earthquakes

operates innamed as a risk
We and our suppliers have operations in locations, including our headquarters in California, that are subject to earthquakes, fires, floods and other natural catastrophic events, such as climate change, severe weather and geological events, which could disrupt our operations or the operations of our customers and suppliers.Risk factors (Item 1A)

Also named by AAPL, AMKR, AN, ANET, APP, BRO, CDNS, CEG and 37 more

Commodities and inputs

DRAM

exposed to its pricenamed as a risk
the cost of components, including flash and DRAM, and freight;Risk factors (Item 1A)

Also named by MU, SNDK

Czech koruna

exposed to its pricenamed as a risk
A portion of our operating expenses are incurred outside the United States and denominated in foreign currencies and are subject to fluctuations due to changes in foreign currency exchange rates, particularly changes in the British pound, Euro, Koruna and Yen.Market risk (Item 7A)

Also named by VSH, ZBRA

NAND flash

exposed to its pricenamed as a risk
During fiscal 2026, the cost of our components increased significantly, and we anticipate continued component pricing volatility throughout fiscal 2027.Risk factors (Item 1A)

NAND flash purchase commitments

depends onnamed as a risk
Additionally, we may be obligated to fulfill NAND flash purchase commitments if our hyperscale customer reduces its demand for our flash storage solutions.Risk factors (Item 1A)

Laws and programs

OECD Pillar Two global minimum tax

subject to · 15% minimum effective tax ratenamed as a risk
As part of these broader BEPS initiatives, many jurisdictions are now implementing the OECD’s Pillar Two global minimum tax framework, which introduces a 15% minimum effective tax rate for large multinational groups.Risk factors (Item 1A)

Also named by ABNB, ACN, ADI, ADM, ADSK, AKAM, ALB, AMAT and 70 more

Revolving Credit Facility

$500.0 millionnamed as a risk
In June 2025, we entered into a Credit Agreement with a consortium of financial institutions and lenders that provides for a five-year, senior unsecured revolving credit facility of $500.0 million (Credit Facility).Risk factors (Item 1A)

Also named by AAON, BRO, BX, CG, CRGY, FIVE, FIX, HEI and 22 more

One Big Beautiful Bill Act (OBBBA)

subject tonamed as a risk
On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) was enacted in the United States; while certain provisions reduced our current tax expense, future interpretations or changes in guidance could materially affect our cash tax obligations, deferred tax positions, and effective tax rate over time.Risk factors (Item 1A)

Also named by AA, ABR, ADI, ADM, ALB, AMAT, AMGN, AMKR and 121 more

EU General Data Protection Regulation (GDPR)

subject tonamed as a risk
We are also subject to a variety of data privacy laws, including the EU General Data Protection Regulation (GDPR), California Consumer Privacy Act (CCPA), and California Privacy Rights Act (CPRA).Risk factors (Item 1A)

Also named by ACN, ADSK, AIG, ALK, AMG, ANET, APG, AXON and 61 more

U.S. import tariffs

subject tonamed as a risk
The imposition of tariffs on our products or their underlying components may require us to raise our prices, which may result in the loss of customers and harm our business and results of operations, or we may choose to pay for these tariffs without raising prices which may negatively impact our results of operations and profitability.Risk factors (Item 1A)

Also named by AOS, APLD, BJ, BMI, CAVA, CVLG, CVS, DKS and 18 more

EU RoHS and WEEE directives

subject tonamed as a risk
For example, the European Union has adopted certain directives to facilitate the recycling of electrical and electronic equipment sold in the European Union, including the Restriction on the Use of Certain Hazardous Substances in Electrical and Electronic Equipment directive and the Waste Electrical and Electronic Equipment directive.Risk factors (Item 1A)

Also named by MTSI

Encryption export controls

subject tonamed as a risk
The U.S. and various foreign governments have imposed controls, export license requirements and restrictions on the import or export of some technologies, especially encryption technology, as well as laws relating to forced labor and conflict minerals.Risk factors (Item 1A)

Also named by RMBS