Quarterly ResultJun 1, 2026, 04:09 PM
HPE Q2 Revenue $10.7B (+40% YoY); Raises FY26 Guidance; Appoints Director
AI Summary
Hewlett Packard Enterprise (HPE) announced strong second-quarter fiscal year 2026 results, with revenue reaching $10.7 billion, a 40% increase year-over-year. The company raised its full-year fiscal 2026 guidance for revenue growth to 29%-33% and non-GAAP diluted EPS to $3.35-$3.45, also introducing a fiscal 2027 growth framework. Additionally, HPE completed the divestiture of its remaining stake in H3C Technologies for approximately $1.357 billion and appointed Christopher P. Hsu to its Board of Directors in connection with a cooperation agreement with Elliott Investment Management.
Key Highlights
- HPE reported Q2 FY26 revenue of $10.7 billion, up 40% YoY.
- Q2 FY26 GAAP diluted EPS was $0.44, up from -$0.82 YoY.
- Q2 FY26 non-GAAP diluted EPS was $0.79, up from $0.38 YoY.
- HPE raised its FY26 revenue growth outlook to 29%-33% and non-GAAP diluted EPS to $3.35-$3.45.
- HPE expects FY27 revenue growth of 8%-12% and non-GAAP diluted EPS growth of 12%-16%.
- HPE declared a quarterly dividend of $0.1425 per share, payable July 15, 2026.
- HPE completed the sale of its remaining 19% stake in H3C Technologies for approximately $1.357 billion.
- Christopher P. Hsu was appointed to the Board of Directors, effective immediately.
Price Impact
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