Hewlett Packard Enterprise (NYSE: HPE) reported Q1 EPS of $0.65, $0.07 better than the analyst estimate of $0.58. Revenue for the quarter came in at $9.3 billion versus the consensus estimate of $9.3 billion.

GUIDANCE:

Hewlett Packard Enterprise sees FY2026 EPS of $2.30-$2.50, versus the consensus of $2.35.

• HPE is reaffirming its FY26 revenue growth outlook range of 17% to 22%, as previously provided at our Securities Analyst Meeting. HPE is raising revenue growth expectations for the Networking segment to 68% to 73%. HPE estimates GAAP operating profit growth to be 490% to 550% and non-GAAP operating profit growth between 32% to 40%(1)(3).
• HPE is raising both GAAP diluted net EPS to be in the range of $1.02 to $1.22 and non-GAAP diluted net EPS(1)(4) to be in the range of $2.30 to $2.50. Fiscal 2026 full year non-GAAP diluted net EPS estimate excludes net after-tax adjustments of approximately $1.28 per diluted share, primarily related to amortization of intangible assets, stock-based compensation expense, acquisition, disposition and other charges, cost reduction program, and adjustments related to the sale of H3C. HPE is also raising its free cash flow(1)(2)(4) guidance and now expects free cash flow to be at least $2.0 billion

Hewlett Packard Enterprise sees Q2 2026 EPS of $0.51-$0.55, versus the consensus of $0.53. Hewlett Packard Enterprise sees Q2 2026 revenue of $9.6-10 billion, versus the consensus of $9.57 billion.

For earnings history and earnings-related data on Hewlett Packard Enterprise (HPE) click here.