Hewlett Packard Enterprise Q1 EPS 65¢ Beats; FY26 EPS Guidance Raised to $2.30–$2.50
Hewlett Packard Enterprise reported Q1 adjusted EPS of $0.65, beating the consensus $0.55 and delivered $9.30bn revenue, just shy of the $9.34bn estimate. The company raised its FY2026 EPS guidance to $2.30–$2.50 and affirmed revenue forecast of $40.13–$41.84bn.
1. Q1 Results Overview
Hewlett Packard Enterprise posted Q1 adjusted EPS of $0.65 versus the $0.55 consensus and generated $9.30 billion in revenue, narrowly missing the $9.34 billion estimate. Net income reached $423 million, underpinning a 2.6% rise in extended trading.
2. Segment Performance
Networking revenue surged 151.5% year-over-year to $2.7 billion with a 23.7% operating margin, while Cloud & AI revenue dipped 2.7% to $6.3 billion but improved margin to 10.2%. Corporate Investments revenue declined 2.2% to $261 million, yielding a –4.6% margin.
3. Updated FY2026 Guidance
The company lifted its full-year adjusted EPS outlook to $2.30–$2.50 (versus $2.35 estimate) and reaffirmed a revenue range of $40.13–$41.84 billion against a $40.83 billion consensus. This guidance reflects expected margin expansion and continued AI-driven solution deployments.