European Investor
11 Apr 2026, 17:07
Hewlett Packard Enterprise reported strong fiscal first-quarter 2026 results, driven by robust networking performance and improved profitability in its Cloud & AI segment.
Revenue rose 18% year-over-year to $9.3 billion, while non-GAAP earnings per share increased to $0.65, exceeding company guidance. Operating cash flow reached $1.2 billion, with free cash flow of $0.7 billion.
The networking business was a key growth driver, with revenue surging over 150%, supported by strong demand across data center networking, security, and routing. HPE also raised its full-year outlook, expecting revenue growth of 17%–22% and improved profitability, reflecting confidence in continued demand and operational execution.
Business wire
Revenue rose 18% year-over-year to $9.3 billion, while non-GAAP earnings per share increased to $0.65, exceeding company guidance. Operating cash flow reached $1.2 billion, with free cash flow of $0.7 billion.
The networking business was a key growth driver, with revenue surging over 150%, supported by strong demand across data center networking, security, and routing. HPE also raised its full-year outlook, expecting revenue growth of 17%–22% and improved profitability, reflecting confidence in continued demand and operational execution.
Business wire
