Hewlett Packard Enterprise posted record Q2 revenue of $10.68 billion and adjusted EPS of $0.79, topping forecasts and lifting net income to $624 million (44 cents per share). It accelerated 2028 financial targets to fiscal 2026 by raising revenue growth outlook to 29%–33% and forecasts Q3 revenue of $11.5–12.1 billion with EPS of $0.88–0.93.
Hewlett Packard Enterprise reported Q2 revenue of $10.68 billion, up 40% year-over-year, with adjusted EPS of $0.79 and net income of $624 million (44 cents per share), surpassing analyst projections.
Rapid expansion of AI data centers drove strong sales of servers and networking products, as major cloud providers plan to spend over $700 billion on AI infrastructure this year, fueling robust quarterly performance.
The company pulled forward its 2028 financial objectives to fiscal 2026, raising full-year revenue growth outlook to 29%–33% and adjusted EPS to $3.35–$3.45, while forecasting Q3 revenue of $11.5–$12.1 billion and EPS of $0.88–$0.93.
Hewlett Packard Enterprise appointed Chris Hsu to its board of directors, strengthening governance with his industry experience.
Finance
