Quarterly ResultJun 2, 2026, 08:31 AM
HPE Q2 2026 Revenue $10.68B; Net Earnings $624M; EPS $0.44
AI Summary
Hewlett Packard Enterprise (HPE) reported a strong financial performance for the three and six months ended April 30, 2026. Total net revenue increased significantly year-over-year for both periods, reaching $10,678 million for the quarter and $19,979 million for the six months. The company swung to a net profit of $624 million for the quarter and $1,076 million for the six months, a substantial improvement from losses in the prior year. Diluted earnings per share also saw a significant positive shift. The Cloud & AI segment was a major contributor to revenue. Total assets also saw an increase.
Key Highlights
- Hewlett Packard Enterprise reported total net revenue of $10,678 million for the three months ended April 30, 2026, an increase from $7,627 million in the prior year period.
- For the three months ended April 30, 2026, net earnings attributable to HPE were $624 million, compared to a net loss of $1,050 million in the same period last year.
- Diluted earnings per share for the three months ended April 30, 2026, was $0.44, a significant improvement from a loss of $0.82 in the prior year period.
- Total net revenue for the six months ended April 30, 2026, was $19,979 million, up from $15,481 million for the same period in 2025.
- Net earnings attributable to HPE for the six months ended April 30, 2026, were $1,076 million, a turnaround from a net loss of $423 million in the prior year period.
- The Cloud & AI segment generated $7,707 million in net revenue for the three months ended April 30, 2026.
- The Networking segment reported $2,690 million in net revenue for the three months ended April 30, 2026.
- Total assets as of April 30, 2026, were $79,512 million, an increase from $75,906 million as of October 31, 2025.
Price Impact
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