Technology
Everpure’s Expanding Business Model Fuels New Long-Term Outlook
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Company outlines path for durable, accelerated growth through four strategic growth vectors
SANTA CLARA, Calif., Sept. 23, 2026 /PRNewswire/ — Today at its 2026 Financial Analyst Meeting, Everpure (NYSE: P), the company revolutionizing storage and data management, provided details on its business expansion providing durable, accelerated growth. The company also reaffirmed its fiscal year 2027 outlook and provided a preliminary outlook for fiscal year 2028.
“Everpure is at an inflection point as we expand our horizons to managing data in the enterprise and solutions for hyperscalers,” said Charlie Giancarlo, Chairman and Chief Executive Officer at Everpure. “A decade of committed investment in an integrated, extensible architecture has created a structurally higher growth baseline in our core business. This same core IP has unlocked three distinct, incremental markets—allowing us to expand our opportunity, drive significant operating leverage, and provide enhanced visibility into our long-term financial trajectory.”
Sustained R&D Innovation
Over the past five years, Everpure has consistently dedicated on average 19% of annual revenue to R&D1. Everpure’s focused R&D investments on a single, unified platform is a superior use of invested capital versus fragmenting resources across multiple legacy architectures. This disciplined strategy has fueled both the durability of Everpure’s core business, demonstrated by eight consecutive quarters of accelerating revenue growth, and its expansion into new high growth markets. Building upon a track record of consistent market share gains across both inflationary and deflationary cycles, Everpure expects its strong R&D leadership to extend its product velocity while accelerating penetration into new growth markets.
__________________
1On a non-GAAP basis. For a reconciliation to GAAP, please see the table at the end of this release.
Four Strategic Growth Vectors
By leveraging its proprietary intellectual property and extensible architecture, Everpure has unlocked multiple new distinct market opportunities alongside its core foundation. The company outlined four strategic growth vectors:
Core and Core AI: Includes FlashBlade, Flash Array, and Evergreen//One subscriptions, both CPU- and GPU-attached.Modern Data Software: Includes Everpure Data Intelligence, Everpure Data Stream, Portworx, Everpure Resilience, and Everpure Cloud.Scale AI: Includes FlashBlade//EXA solutions tailored for neoclouds and AI-native providers.Hyperscale Solutions: Includes DirectFlash technology designed specifically for hyperscalers.
Core and Core AI is projected to continue to gain market share, and the three new growth vectors—Modern Data Software, Scale AI, and Hyperscale Solutions—are expected to represent approximately 20% of total revenue by fiscal year 2030.
Financial Outlook and Capital Management
“Everpure’s financial profile is durably resetting to higher levels of growth and profitability,” said Tarek Robbiati, Chief Financial Officer at Everpure. “We have demonstrated over the past decade-plus that we can profitably grow and take share in our core business across inflationary and deflationary cycles. This has been made possible by our unique differentiated IP which is now enabling a sustained level of financial performance well above Rule of 40.”
To support this trajectory, Everpure maintains a disciplined capital management framework centered on funding organic investment, strengthening the balance sheet, pursuing strategic mergers and acquisitions, completing share buybacks to offset dilution from stock-based compensation, and executing additional select buybacks to return excess capital. Today’s new framing preserves flexibility to fund a much larger opportunity set than the company has ever had.
The company re-affirmed its fiscal year 2027 revenue and operating income guidance provided on its second quarter fiscal year 2027 earnings call, and provided a preliminary outlook for fiscal year 2028.
FY27 Guidance
Revenue
$5.03B to $5.07B
Revenue YoY Growth Rate
37% to 38%
Non-GAAP Operating Income
$940M to $960M
Non-GAAP Operating Income YoY Growth Rate
48% to 51%
Preliminary FY28 Outlook
Revenue
$7.0B to $7.3B
Revenue YoY Growth Rate
39% to 45%
Non-GAAP Operating Income
$1.7B to $1.9B
Non-GAAP Operating Income YoY Growth Rate
80% to 100%
These statements are forward-looking and actual results may differ materially. Refer to the Forward Looking Statements section below for information on the factors that could cause our actual results to differ materially from these statements.
Additional Resources
Executive Commentary: Read additional insights on Everpure’s market expansion and differentiated value for hyperscalers.Webcast Replay and Presentation Slides: The Financial Analyst Meeting webcast replay and presentation slides will be available in the Events & Presentations section of Everpure’s Investor Relations website.
About Everpure
Everpure (NYSE: P) allows organizations to take control of their data with an industry-leading, ever-evolving storage and data management platform. We help companies unleash the power of their data by ensuring it is accessible, intelligent, and ready to perform in the AI era. We make data management effortless while simultaneously scaling performance and significantly reducing energy consumption. With one of the highest Net Promoter Scores for over a decade, Everpure is the choice of the world’s most innovative organizations. For more information, visit www.everpuredata.com.
The release timing of any discussed functionality remains at Everpure’s sole discretion. The information provided is not a commitment to deliver discussed functionality based on any timeline.
Investors and others should note that we announce material business and financial information through our investor relations website at investor.everpuredata.com, SEC filings, public conference calls and webcasts, and press releases, including earnings press releases. We also announce business and financial information through our newsroom website (https://www.everpuredata.com/company/newsroom.html), blog (http://blog.everpuredata.com), LinkedIn (linkedin.com/company/everpure-data), X (x.com/EverpureData), Facebook (@purestorage), Instagram (@purestorage) and YouTube (@everpure-data). It is possible that the information we post on these channels could be deemed to be material information. Therefore, we encourage investors to follow these channels, in addition to our SEC filings, public conference calls and webcasts, and press releases.
Forward Looking Statements
This press release contains forward-looking statements regarding our products, business, operations and financial performance, including but not limited to our views relating to our future period financial and business results, our expectations regarding rule of 40, and the expected contribution to our revenue from modern data software, scale AI, and hyperscale products; our capital allocation priorities, including research and development investment, strategic mergers and acquisitions and the return of excess capital; our total addressable and serviceable addressable market estimates and our expectations regarding market growth and continued market share gains, including Core and Core AI; the expected mix of core and new product revenue; demand for our products and subscription and consumption offerings, including Evergreen//One, and the related sales mix; our sales pipeline and the timing and magnitude of large orders, including sales to hyperscalers and large enterprises; our technology and product strategy and roadmap, including DirectFlash, FlashBlade//EXA, the Enterprise Data Cloud and our expansion into data intelligence; our market opportunities in modern data software, scale AI and hyperscale environments, our ability to meet hyperscalers’ performance, price and other requirements, to expand with existing and land new hyperscale customers, and the timing and amount of hyperscale revenue; our ability to manage supply chain disruptions and procure sufficient flash and other components; the impact of component cost increases and NAND pricing cycles on our pricing, gross margin and share gains; the anticipated effects of our acquisition of 1touch; our expectations regarding product and technology differentiation, sustainability and energy savings for customers, new investments and partnerships; and the impact of inflation, currency fluctuations, tariffs or other adverse economic conditions.
Actual results may differ materially from the results predicted. The potential risks and uncertainties that could cause actual results to differ from the results predicted include, among others, those risks and uncertainties included under the caption “Risk Factors” and elsewhere in our filings and reports with the U.S. Securities and Exchange Commission, which are available on our Investor Relations website at investors.everpuredata.com and on the SEC website at www.sec.gov. Additional information is also set forth in our Annual Report on Form 10-K for the fiscal year ended February 1, 2026. All information provided in this release and in the attachments is as of September 23, 2026, and Everpure undertakes no duty to update this information unless required by law.
Non-GAAP Financial Measures
To supplement its guidance, Everpure has provided forward-looking guidance on non-GAAP operating income and the related year-over-year growth rate for fiscal year 2027 and, on a preliminary basis, for fiscal year 2028. Everpure has also provided average non-GAAP research and development expense as a percentage of revenue for the five fiscal years ended February 1, 2026. Non-GAAP research and development expense excludes certain expenses such as stock-based compensation expense, payments to former shareholders of acquired companies, payroll tax expense related to stock-based activities, expenses for severance and termination benefits related to workforce realignment, and duplicate lease costs during the transition of our corporate headquarters. For a reconciliation of average non-GAAP research and development expense as a percentage of revenue for the five fiscal years ended February 1, 2026 as a percentage of revenue for the same period, please see the table at the end of this press release.
Everpure uses these non-GAAP financial measures for financial and operational decision-making and as a means to evaluate period-to-period comparisons. Management believes that these non-GAAP financial measures provide meaningful supplemental information regarding Everpure’s performance by excluding certain expenses that may not be indicative of its ongoing core business operating results, and that both management and investors benefit from referring to these non-GAAP financial measures in assessing performance and when planning, forecasting, and analyzing future periods. The presentation of these non-GAAP financial measures is not meant to be considered in isolation or as a substitute for financial results prepared in accordance with GAAP, and Everpure’s non-GAAP measures may be different from non-GAAP measures used by other companies.
Everpure has not reconciled its guidance for non-GAAP operating income and the related year-over-year growth rate to their most directly comparable GAAP measures because certain items that impact these measures are not within Everpure’s control and/or cannot be reasonably predicted. Accordingly, reconciliations of these non-GAAP financial measures guidance to the corresponding GAAP measures are not available without unreasonable effort.
Everpure calculates the Rule of 40 as year-over-year revenue growth rate + non-GAAP operating margin.
Reconciliation from GAAP research and development expense results to the comparable non-GAAP measures (in thousands except percentages, unaudited):
Fiscal Year Ending
2026
2025
2024
2023
2022
Research and development expense (GAAP)
$ 963,291
$ 804,405
$ 736,764
$ 692,528
$ 581,935
Less: Stock-based compensation expense
(238,021)
(201,058)
(167,294)
(161,694)
(142,264)
Less: Payments to former shareholders of acquired companies
—
—
(2,323)
(5,820)
(17,178)
Less: Payroll tax related to stock-based activities
(9,635)
(10,154)
(6,941)
(6,402)
(4,889)
Less: Expenses for severance and termination benefits related
to workforce realignment
(2,164)
—
—
—
—
Less: Duplicate lease costs during the transition of our
corporate headquarters
—
—
(3,907)
(5,823)
—
Research and development expense (non-GAAP)
$ 713,471
$ 593,193
$ 556,299
$ 512,789
$ 417,604
Total revenue (GAAP)
$ 3,662,843
$ 3,168,164
$ 2,830,621
$ 2,753,434
$ 2,180,848
% of total revenue (GAAP)
26 %
25 %
26 %
25 %
27 %
Fiscal 2026 5-year average % of total revenue (GAAP)
26 %
% of total revenue (non-GAAP)
19 %
19 %
20 %
19 %
19 %
Fiscal 2026 5-year average % of total revenue (non-GAAP)
19 %
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SOURCE Everpure
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Global Zero Trust Security Heads for USD 162.08 Billion by 2034 as New Maximize Market Research Analysis Tracks 16.4% Growth
Published
20 minutes agoon
September 23, 2026By
CHICAGO, Sept. 23, 2026 /PRNewswire/ — The Global Zero Trust Security Market was valued at USD 41.32 Billion in 2025 and is projected to expand at a strong 16.4% CAGR from 2026 to 2034, reaching approximately USD 162.08 Billion by 2034, according to a new analysis by Maximize Market Research.
Global Zero Trust Security Market
The Global Zero Trust Security Market Report 2025 provides a detailed analysis of market trends, growth, and forecasts through 2034. The market is gaining strong momentum as businesses move away from traditional perimeter-based security and adopt a “never trust, always verify” approach to protect users, devices, applications, networks, and data. Growing cloud adoption, remote and hybrid work, rising cyber threats, and the need for stronger identity and access controls are encouraging organizations to strengthen their Zero Trust security frameworks.
The shift toward multi-factor authentication, endpoint security, network security, API protection, security analytics, and automated security controls is further supporting market growth. At the same time, enterprises are investing in cloud-based security solutions that can provide continuous monitoring and access verification across increasingly distributed IT environments. As organizations face more complex digital risks, Zero Trust is becoming an important part of modern cybersecurity strategies across financial services, healthcare, IT, manufacturing, retail, and other industries.
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Global Zero Trust Security Market gains momentum as businesses strengthen digital defenses with identity-first and cloud-based security: Maximize Market Research unveils key insights.
Global Zero Trust Security Market Size & Forecast:
Parameter
Value
Market Size (Base Year 2025)
USD 41.32 Billion
Forecast Market Size (2034)
USD 162.08 Billion
CAGR (2026-2034)
16.4 %
Base Year
2025
Forecast Period
2026-2034
Historical Period
2020-2025
Zero Trust Security Market Trends & Insights:
North America remains a major regional market, supported by strong cybersecurity spending, advanced IT infrastructure, cloud adoption, and growing demand for Zero Trust security, identity and access management, network security, and endpoint protection.Asia-Pacific is emerging as a key growth region, driven by rapid digital transformation, expanding cloud infrastructure, remote and hybrid work, rising cyber threats, and increasing investments in Zero Trust Architecture, multi-factor authentication, cloud security, and access control.Cloud-based Zero Trust security is gaining strong adoption as organizations move applications, workloads, and sensitive data to cloud environments. Businesses are increasingly using continuous authentication, device verification, identity-based access, network segmentation, and cloud security controls.Security automation and real-time monitoring are becoming important market trends, with enterprises adopting security analytics, threat intelligence, AI-driven security, endpoint security, API security, SOAR, and automated incident response to improve threat detection and protect digital assets.
Cloud Adoption, Rising Cyber Threats, and Identity Security Drive Global Zero Trust Security Market Growth Opportunities
The Global Zero Trust Security Market is gaining strong momentum as organizations move toward cloud-based infrastructure, remote and hybrid work environments, and distributed IT networks. Rising cyberattacks, data breaches, unauthorized access, and identity-based threats are increasing demand for Zero Trust Architecture, identity and access management, multi-factor authentication, network security, endpoint security, and data security. Growing enterprise focus on continuous user verification and least-privilege access is creating new Zero Trust Security Market Growth Opportunities across industries.
Implementation Complexity, Legacy Systems, and Integration Challenges Restrain Global Zero Trust Security Market Growth
The Zero Trust Security Market faces challenges related to the complexity of implementing Zero Trust frameworks across existing IT infrastructure. Organizations using legacy applications, traditional network security systems, and multiple security platforms may require significant integration, configuration, and security policy management. The need for continuous authentication, device verification, network segmentation, endpoint monitoring, and access control can also increase operational requirements, creating challenges for organizations with limited cybersecurity resources and technical expertise.
Cloud Security, AI Analytics, and Automated Threat Detection Unlock Global Zero Trust Security Market Opportunities
Zero Trust security is moving toward a more technology-driven approach as organizations adopt cloud security, AI-driven security analytics, behavioral monitoring, threat intelligence, automated incident response, API security, endpoint protection, and Security Orchestration, Automation and Response (SOAR). Growing use of cloud applications, connected devices, APIs, and distributed workloads is creating demand for continuous monitoring and identity-based security. At the same time, increasing focus on data protection and secure remote access is creating Zero Trust Security Market Growth Opportunities for cybersecurity providers offering integrated and scalable solutions.
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Cloud Security, Identity Protection, and Automation Transform Global Zero Trust Security Market
The Global Zero Trust Security Market is evolving as organizations strengthen cloud security, identity protection, endpoint security, network security, data security, and access management across distributed digital environments. Growing adoption of Zero Trust Architecture, multi-factor authentication, continuous verification, least-privilege access, security analytics, AI-driven threat detection, API security, and automated incident response is helping businesses improve visibility and protect critical applications, devices, users, workloads, and data. The increasing use of cloud platforms, remote access, connected devices, and digital applications is further creating demand for scalable Zero Trust security solutions that provide continuous monitoring, adaptive access control, threat detection, and faster response to emerging cyber risks.
Cloud Security and Identity Protection Shape Global Zero Trust Security Market Segmentation Insights
Global Zero Trust Security Market by Authentication Type, Deployment Model, Solution Type, and Industry Vertical is shaped by the growing need to protect users, devices, applications, networks, workloads, and data from unauthorized access and cyber threats. Increasing cloud adoption, remote and hybrid work, identity-based attacks, and complex digital environments are strengthening demand for multi-factor authentication, cloud-based security, network security, endpoint security, data security, API security, security analytics, and security policy management. Organizations are also adopting Zero Trust solutions to support continuous authentication, least-privilege access, device verification, threat monitoring, and real-time security controls across distributed IT infrastructure.
By Authentication Type
Single-Factor AuthenticationMulti-Factor Authentication
By Deployment Model
On-PremisesCloud-Based
By Solution Type
Network SecurityData SecurityEndpoint SecuritySecurity Orchestration Automation & ResponseAPI SecuritySecurity AnalyticsSecurity Policy ManagementOthers
By Industry Vertical
IT & ITESFinancial & InsuranceRetail & TradeUtilitiesManufacturingHealthcare & Social AssistanceOthers
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North America Leads While Asia-Pacific Accelerates: Key Regional Insights Shaping the Global Zero Trust Security Market
North America remains a major region in the Global Zero Trust Security Market, supported by strong cybersecurity spending, advanced digital infrastructure, high cloud adoption, and the presence of major cybersecurity and technology companies. Organizations across the U.S. and Canada are increasingly adopting Zero Trust Architecture, identity and access management, multi-factor authentication, endpoint security, network security, cloud security, and security analytics to protect critical data and digital infrastructure. Growing cyber threats, remote and hybrid work, and the need for continuous user and device verification are further strengthening demand for Zero Trust security solutions across government, financial services, healthcare, IT, and other industries.
Asia-Pacific is emerging as an important growth region in the Global Zero Trust Security Market, supported by rapid digital transformation, expanding cloud infrastructure, increasing internet and connected-device usage, and rising cybersecurity investments. China, India, Japan, South Korea, Singapore, and Australia are contributing to regional adoption as enterprises strengthen identity security, access control, endpoint protection, network segmentation, API security, data security, and threat detection. Growing use of cloud applications, remote access, digital services, and AI-driven security is creating significant Zero Trust Security Market Growth Opportunities across the region.
Cisco, Palo Alto Networks & Microsoft Drive Global Zero Trust Security Market with Identity, Cloud and AI Security Innovations
Cisco Systems Inc. is strengthening its Zero Trust security capabilities through identity-based access controls, network security, endpoint protection, secure access, and continuous monitoring. Its security portfolio supports organizations in protecting users, devices, applications, and network environments across distributed and cloud-based infrastructure.
Palo Alto Networks is expanding its Zero Trust security capabilities through network security, cloud security, identity protection, endpoint security, and threat prevention solutions. Its approach focuses on continuous verification, least-privilege access, real-time threat detection, and secure access across enterprise digital environments.
Microsoft is strengthening Zero Trust adoption through identity and access management, multi-factor authentication, endpoint security, cloud security, security analytics, and automated threat detection. Its integrated security ecosystem helps organizations apply Zero Trust principles across users, devices, applications, data, and cloud workloads.
Global Zero Trust Security Market Competitive Landscape: Identity Protection, Cloud Security and Continuous Verification Shape Industry Leaders
The Competitive Landscape of the Global Zero Trust Security Market is intensifying as leading companies such as Cisco Systems Inc., Palo Alto Networks, Microsoft, Google, Okta, Zscaler, Cloudflare, Fortinet, Check Point Software Technologies, Akamai Technologies, CrowdStrike, Trend Micro, Proofpoint, Rapid7, F5 Networks, SonicWall, Varonis Systems, and Sophos strengthen their Zero Trust security portfolios. Competition is increasingly shaped by identity and access management, multi-factor authentication, network security, endpoint security, cloud security, API security, data security, security analytics, and security policy management. The growing use of AI-driven threat detection, continuous authentication, device verification, least-privilege access, security automation, real-time monitoring, and automated incident response is further helping vendors improve Zero Trust Architecture and protect distributed users, devices, applications, workloads, and sensitive data.
Zero Trust Security Market Key Players:
North America:
Cisco Systems Inc.Akamai TechnologiesPalo Alto NetworksOkta Inc.Check Point Software TechnologiesTrend Micro Inc.Symantec CorporationFireEye Inc.McAfee CorporationForcepointRSA SecurityCentrifyCyxtera TechnologiesSophos Group PLCQNext CorporationGoogle LLCMicrosoft CorporationVMWare Inc.FortinetCloudflare Inc.SonicWallVaronis SystemsPulse SecureCrowdStrike Inc.Proofpoint Inc.Rapid7F5 Networks Inc.Zscaler Inc.
Europe:
Palo Alto NetworksTrend Micro Inc.Symantec CorporationForcepointRSA SecuritySophos Group PLCCentrifyVaronis SystemsKaspersky LabESETCheckmarxDarktraceMimecastBitdefender
Asia Pacific:
Trend Micro Inc.Sophos Group PLCQNext CorporationGoogle LLCMicrosoft CorporationVMWare Inc.FortinetCloudflare Inc.SonicWallVaronis SystemsKaspersky LabESETNTT SecurityTrend Micro Inc.AhnLabKingsoft Corporation
Middle East:
Symantec CorporationForcepointRSA SecurityCentrifySophos Group PLCVaronis SystemsKaspersky LabDarktraceMimecastBitdefenderF5 Networks Inc.Zscaler Inc.Fortinet
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FAQs:
1. What is the Zero Trust Security market?
Ans: The Zero Trust Security market refers to the industry focused on cybersecurity solutions that assume no inherent trust, requiring strict verification for every user and device accessing networks and data.
2. What factors are driving the growth of the Zero Trust Security market?
Ans: The market is propelled by rising concerns for data security, increased remote workforce, and the need to address evolving cyber threats and multi-vector attacks.
3. How does Zero Trust Security mitigate the risks associated with remote work?
Ans: Zero Trust Security ensures that every user and device, regardless of location, undergoes strict authentication and authorization, reducing the risk of unauthorized access and data breaches in remote work scenarios.
4. What challenges does the Zero Trust Security market face?
Ans: The integration of new solutions, particularly during the market’s early stages, faces challenges due to budgetary constraints, especially among small and medium-sized enterprises.
5. How does Zero Trust Security cater to different industry verticals?
Ans: Zero Trust Security offers tailored solutions for various industry verticals, including IT, finance, retail, utilities, manufacturing, healthcare, and others, addressing specific security needs and challenges in each sector.
Analyst Perspective:
Analysts say the Global Zero Trust Security Market is growing as organizations face rising cyber threats, cloud adoption, remote and hybrid work, and increasingly distributed IT environments. The growing need to protect users, devices, applications, networks, and sensitive data is pushing businesses to adopt Zero Trust Architecture, multi-factor authentication, identity and access management, endpoint security, network security, and cloud security. At the same time, security analytics, AI-driven threat detection, continuous monitoring, device verification, and automated security controls are helping organizations identify risks and respond faster. The shift from traditional perimeter-based security toward continuous authentication, least-privilege access, and identity-based security is further creating opportunities for Zero Trust security providers across IT, financial services, healthcare, manufacturing, retail, and other industries.
Related Reports:
Healthcare Security Systems Market
Medical Device Security Market
About Maximize Market Research – Zero Trust Security Market
Maximize Market Research is a leading global market research and business consulting firm delivering actionable insights across the Information Technology & Cybersecurity sector, including the Zero Trust Security Market. Our data-driven, growth-focused research helps businesses understand changing cybersecurity landscapes, strengthen digital security strategies, and identify opportunities across identity security, cloud security, network security, endpoint protection, and Zero Trust Architecture.
Expertise in Zero Trust Security & Cybersecurity Solutions
With strong expertise in cybersecurity, Zero Trust security, identity and access management, and cloud security, Maximize Market Research helps industry leaders understand market trends, competitive developments, and evolving security requirements. Our insights support better decisions around multi-factor authentication, continuous verification, least-privilege access, endpoint security, network security, data security, API security, security analytics, and security automation, helping organizations strengthen protection across users, devices, applications, workloads, and sensitive data worldwide.
Contact:
Lumawant Godage
MAXIMIZE MARKET RESEARCH PVT. LTD.
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Technology
JINGDONG Logistics Details Global Network Build-Out and the Expansion of JoyLogistics Operations
Published
20 minutes agoon
September 23, 2026By
BEIJING, Sept. 23, 2026 /PRNewswire/ — JINGDONG Logistics (HKEX: 2618), also known as JD Logistics, today released a comprehensive operational overview of its international supply chain infrastructure, detailing the strategic expansion of its multimodal capacity and overseas fulfillment networks. The initiative focuses on scaling a warehouse-centred third-party logistics (3PL) model designed to integrate international transportation with localized storage, fulfillment, and delivery through its specialized international brands, JoyLogistics and JoyExpress.
JoyLogistics: A Warehouse-Centred 3PL Infrastructure
JoyLogistics serves as the international supply chain solutions and 3PL brand of JINGDONG Logistics. The division provides businesses with integrated logistics services encompassing cross-border transportation, bonded and overseas warehousing, inventory management, order fulfillment, last-mile delivery, large-item installation, reverse logistics, and specialized supply chain technology solutions.
The operational model is structured to serve retailers, manufacturers, brands, and e-commerce enterprises that require multi-market inventory management and order fulfillment. By utilizing a warehouse-centred approach, JoyLogistics connects international transportation networks with local storage, fulfillment, delivery, and returns processes. The objective of this methodology is to position goods closer to demand, targeting shortened delivery timelines and improved inventory efficiency without presenting absolute guarantees of delivery speeds. In contrast to JoyExpress, which operates primarily within the express and last-mile delivery sectors, JoyLogistics is built to manage broader, end-to-end supply chain operations for business-to-business (B2B) and business-to-consumer (B2C) customers.
Structurally, JoyLogistics operates beyond the traditional confines of a liner operator, terminal operator, or standard freight forwarder. It functions as a 3PL that purchases and manages capacity across ocean, air, rail, and road networks, subsequently pairing that capacity with an expansive warehouse footprint positioned at the destination end of the container journey. This positions the network as a combined beneficial cargo owner (BCO) and logistics operator, framing the infrastructure build-out as a significant development in global container demand.
Parent Company Operations and Domestic Scale
Founded in 2017, JINGDONG Logistics builds upon JD.com’s internal logistics operations initially established in 2007. The corporate group operates six synergized logistics networks: warehousing, line-haul transportation, last-mile delivery, bulky items, cold chain, and cross-border logistics.
Within the domestic market, the company’s scale is substantial. According to its disclosures for the six months ended June 30, 2026, JINGDONG Logistics manages over 1,800 self-operated warehouses alongside more than 2,000 third-party operated cloud warehouses. Total managed floor space exceeds 36 million square meters, supported by 46 highly automated Asia No.1 industrial parks. In China, the company reports that approximately 90% of its first-party retail orders achieve same-day or next-day delivery targets. JoyLogistics serves as the international extension of this infrastructure, while JoyExpress functions as the dedicated express and last-mile delivery arm.
Multimodal Capacity and the Global Air Network Plan
JoyLogistics manages an international transportation portfolio spanning sea, air, land, and rail, deployed as end-to-end services featuring full-chain visibility. Overseas operations integrate ocean freight, air freight, trucking, and towing services to feed its proprietary warehouse network. These capabilities operate alongside China–Europe rail logistics, cross-border trucking products, and air capacity secured through strategic partnerships with six major international airlines.
In the aviation sector, JD Airlines operated a fleet of 13 freighters as of June 30, 2026. The company is actively executing its “11668” global air network plan, which targets the establishment of a global air hub at Wuhu, a main base at Nantong, six regional air hubs, and 68 freighter stations. The core arcs of this network focus on routes spanning Europe and North America. The strategic direction indicates an intent to control a larger portion of mainline lift rather than relying exclusively on purchased belly and charter capacity. While the company does not publish specific TEU volumes, the scale of the operations is visible through the rapid expansion of the destination-side warehouse network that these cargo flows supply.
The Warehouse-Centred Model in Container Operations
The JoyLogistics model relies heavily on international transportation feeding directly into local storage, fulfillment, delivery, and returns centers, allowing goods to be positioned prior to consumer orders being placed. This methodology impacts container trade through three specific operational behaviors.
The first is bulk replenishment replacing parcel-by-parcel shipping. By moving inventory into destination-market warehouses, continuous B2C air and express volumes are converted into consolidated, containerized B2B flows directed into regional hubs.
The second is a focus on bonded and free-zone positioning. Following the 2020 opening of its first self-operated warehouse in Dubai’s Jebel Ali Free Zone (JAFZA), JINGDONG Logistics has developed multiple Middle East facilities. In October 2025, JoyLogistics launched the XPeng Middle East Regional Auto Parts Warehouse in JAFZA, an operation handling over 1,000 SKUs. This facility functions as XPeng’s largest parts center in the region, managing the full chain from container reception, customs clearance, and quality inspection through to order processing, packing, and outbound dispatch.
The third behavior focuses on inland node density. In Poland, the company operates a customized 15,000-square-meter warehouse serving Biedronka, the nation’s largest grocery chain, targeting 24-hour delivery capabilities and a reported SKU-level inventory accuracy target of 99.5%. In the Netherlands, a goods-to-person automated warehouse processes apparel orders across four countries for Hunkemöller.
As of June 30, 2026, the international network supporting these operations spanned 26 countries and regions, utilizing more than 200 bonded, direct-mail, and overseas warehouses. Total overseas floor space exceeded 2 million square meters, a figure the company doubled through 2025 under its global network plan. In core markets—including the United States, the United Kingdom, Germany, France, Poland, the United Arab Emirates, Japan, South Korea, and Australia—warehouse-based delivery generally operates within a two-to-three-day target window.
Service Architecture: JoyExpress and Market Impact
JoyExpress operates as the self-owned express and last-mile delivery brand of JINGDONG Logistics. It provides domestic and cross-border parcel delivery services for businesses and consumers in selected international markets. Its service offerings include targeted same-day and next-day delivery, doorstep delivery, scheduled delivery, reverse pickups, and localized delivery solutions tailored to specific regional markets.
In Europe, JoyExpress facilitates last-mile delivery services for Joybuy, JD.com’s European online retail business. It targets expedited delivery in major cities across the UK, Germany, the Netherlands, and France, supported by local warehouses, dedicated delivery teams, and fleets consisting of trucks, vans, and electric bicycles. The European network extends to more than 60 warehouses and depots, with plans for continued expansion. JoyExpress also maintains operations in Saudi Arabia, providing targeted delivery services in key cities alongside offerings such as cash on delivery.
The division of labor between the two brands maintains clear operational lanes: JoyLogistics executes end-to-end supply chain and 3PL solutions, while JoyExpress specializes in the final stage of the customer journey.
The continued expansion of these networks actively shifts broader market demand patterns. Cross-border e-commerce replenishment is increasingly containerized, as sellers transition from direct-mail models to pre-positioned overseas inventory. Overseas warehousing operations function effectively as inland terminal estates, driving consistent, recurring containerized import volumes. Multimodal competition further impacts the sector, as China–Europe rail and cross-border trucking provide viable alternatives on Asia–Europe lanes, supported by a growing owned air fleet.
Financial Performance and Industry Standing
In its interim results for the six months ended June 30, 2026, JINGDONG Logistics reported total revenue of RMB 124.7 billion, representing a 26.5% year-over-year increase. Revenue derived from external customers reached RMB 85.4 billion, marking a 29.3% increase. Integrated supply chain revenue stood at RMB 59.4 billion, up 18.5%, with the company serving approximately 79,300 external integrated supply chain customers. Additionally, in the Brand Finance Logistics 25 2025 ranking, JINGDONG Logistics was placed 14th among the most valuable logistics brands with an estimated value of US$4.06 billion, alongside a brand strength index rating of 90.6.
Media contact
Company: JINGDONG Logistics
Email: JDL_US@JD.COM
Website: https://www.jingdonglogistics.com
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Technology
Moon Five Wins Scale Catalyst Award for Dedicated EV Charging Solution for Renters
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20 minutes agoon
September 23, 2026By
Electric Innovation Initiative recognizes Moon Five’s modular approach to deploying EV charging at multifamily properties without costly electrical upgrades.
BERKELEY, Calif., Sept. 23, 2026 /PRNewswire-PRWeb/ — Moon Five, a clean energy startup building the first renter-driven electric vehicle (EV) charging solution, today announced it has received the 2026 Scale Catalyst Award from the Electric Innovation Initiative for its approach to expanding renters’ access to electric vehicle charging, combining innovative design and financing with the potential to accelerate EV adoption at scale. Presented during Climate Week NYC, the award recognizes Moon Five’s scalable approach to overcoming one of the largest remaining barriers to widespread EV adoption: the lack of affordable and convenient EV charging options for renters.
While electric vehicles are becoming more mainstream, convenient home charging is not. Single family homeowners can often install a charger in their garage, but millions of multifamily residents remain dependent on public stations or property-wide infrastructure projects that can be costly and slow to deploy. Moon Five addresses these overlooked barriers through its renter-led charging solution, allowing tenants to initiate the process, demonstrate demand, and pre-qualify their building without the need for external help. Essentially, Moon Five has functionally modernized electrical infrastructure installation by streamlining the process for the tenant, building owner, and electrician, making EV ownership more practical for renters while opening a scalable path to electrify multifamily housing.
“Renters represent an enormous part of the country, but EV charging infrastructure has largely been designed around single family homes and public charging stations,” said Stephan Ng, CEO of Moon Five Technologies. “This award validates our belief that expanding EV access does not always require rebuilding infrastructure from the ground up. By making better use of the power already available in apartment buildings, we give renters a practical way to charge where they live and create a model that can be replicated across communities.”
Moon Five combines modular charging hardware with a proprietary energy management system that monitors power use within an apartment building and directs available capacity to the vehicle. Designed to be easily repaired, upgraded, and replaced , the system extends the useful life of each charger and reduces the cost and waste associated with replacing an entire unit. The charging platform’s apartment-level load balancing also optimizes energy by making better use of existing electrical capacity without the need for costly building upgrades. For $50 per month plus the cost of electricity used, tenants receive a dedicated home charger with no setup fees or ongoing maintenance fees, making EV charging more affordable and accessible without requiring property owners to undertake costly building upgrades.
“Moon Five is addressing a critical gap in the transition to electric transportation with a practical, scalable approach to bringing home charging to apartment residents,” said Alisa Ahmadian, Director of Electric Innovation Initiative. “By combining modular technology, intelligent energy management, and a model that removes cost and complexity for renters and property owners, Moon Five demonstrates how innovation can extend the benefits of electrification to communities that have too often been left behind.”
The recognition comes as Moon Five deploys more than 400 charging units at multifamily properties in the San Francisco Bay Area and Los Angeles through a $3.4 million California Energy Commission REACH 3.0 grant. More than 90% of the deployment will serve low-income and disadvantaged communities that have historically been left out of the clean energy transition. Through the grant-funded program, participating properties will receive Moon Five charging systems with no upfront capital investment or subscription fees, while residents pay no installation costs or markup on the electricity used. A limited number of openings remain for eligible multifamily properties interested in participating in the deployment.
Looking ahead, Moon Five will complete its grant-supported California deployments by March 2027 while preparing its second-generation charging and energy management platform for commercial-scale production. After eight months of field testing, Moon Five’s Gen 2 charging system is advancing through the Underwriters Laboratories certification process. The fully industrialized system integrates apartment-level charging and energy management with building-wide energy managing capabilities, and is designed for modularity, manufacturability, and scalability. With more than 600 potential charging systems in its pipeline and a waitlist of over 900 renters, Moon Five intends to use the California rollout to establish a repeatable model for expansion into additional markets. Through future-looking features like bidirectional charging, Moon Five plans to help renters lower electricity costs, power their apartments during outages, and earn revenue from grid services. Its longer-term vision connects vehicles with homes, other vehicles, and local energy networks, unlocking even more value from cars that spend roughly 95% of their lifetime parked.
To learn more, visit www.moonfive.tech
About Moon Five
Moon Five is a California-based clean energy company making reliable and affordable home EV charging accessible to renters. Its renter-driven solution combines modular charging hardware with intelligent energy management technology that uses a property’s available electrical capacity – without requiring costly and time-consuming infrastructure upgrades. Designed to be repaired, upgraded, and replaced at the component level, Moon Five’s system reduces waste while creating a more scalable path to electrifying multifamily housing. With a mission rooted in accessibility, resilience and long-term sustainability, Moon Five is helping more renters participate in the transition to electric transportation. Learn more at www.moonfive.tech.
Media Contact
Shayna Zeigen, Moon Five, 1 6196084300, shayna@pointblankpr.com, https://www.moonfive.tech/
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SOURCE Moon Five
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