Hewlett Packard Enterprise Guides Q1 Revenue $9.0B–$9.4B and EPS $0.57–$0.61
Hewlett Packard Enterprise expects fiscal Q1 revenues of $9.0B–$9.4B, implying roughly 18.7% year-over-year growth versus a $9.32B consensus. It forecasts non-GAAP EPS of $0.57–$0.61, highlights GreenLake reaching 46,000 customers, and cites AI and Intelligent Edge demand offset by large-deal timing and macro headwinds.
1. Fiscal Q1 Guidance
HPE forecasts fiscal first-quarter revenues between $9.0 billion and $9.4 billion, matching the consensus estimate of $9.32 billion for approximately 18.7% year-over-year growth. It expects non-GAAP earnings of $0.57 to $0.61 per share compared with a $0.59 consensus.
2. GreenLake and AI Growth
Growth in the GreenLake subscription platform, which reached about 46,000 customers by fiscal 2025’s end, and rising adoption of AI-optimized servers, Wi-Fi 7 networking and Intelligent Edge services underpin the guidance.
3. Macro Headwinds and Deal Timing
The company cautions that large sovereign AI deal shipments may delay AI systems revenue and warns that tariffs, shifting trade policies and geopolitical uncertainty could weigh on enterprise IT spending.