earnings
confidence high
sentiment positive
materiality 0.85
HPE Q1 revenue $9.3B (+18% YoY); non-GAAP EPS $0.65 beat; raises FY26 guidance
Hewlett Packard Enterprise Co
2026-Q1 EPS reported
$0.31
revenue$9,301,000,000
- Networking revenue $2.7B (+151.5% YoY) on Juniper integration; Cloud & AI $6.3B (-2.7% YoY).
- Non-GAAP gross margin 36.6% (+720 bps YoY); GAAP EPS $0.31, non-GAAP EPS $0.65 (above outlook).
- Cash from ops $1.2B, free cash flow $0.7B (each +$1.6B YoY); declared $0.1425 dividend.
- Q2 outlook: revenue $9.6-10.0B; GAAP EPS $0.09-0.13; non-GAAP EPS $0.51-0.55.
- FY26 guidance raised: GAAP EPS $1.02-1.22, non-GAAP EPS $2.30-2.50, FCF at least $2.0B.