HPE Soars 30% With Biggest Earnings Beat Since 2018

HPE Soars 30% With Biggest Earnings Beat Since 2018

By Chris Eudaily
Publication Date: 2026-06-01 20:18:00

Antonio Neri, CEO of Hewlett Packard Enterprise Co. (HPE), speaks during a keynote speech at the HPE Discover event at Sphere in Las Vegas, Nevada, U.S., Tuesday, June 24, 2025.

Ian Maule | Bloomberg | fake images

Hewlett Packard Company Shares soared 30% on Monday after the technology company posted blockbuster second-quarter results that beat estimates.

Here’s how the company fared compared to LSEG estimates:

  • Earnings per share: 79 cents vs. 53 cents expected
  • Revenue: $10.68 billion vs. $9.79 billion expected

It was the company’s highest earnings per share since February 2018.

Revenue increased 40% compared to the previous year.

Total cloud and AI revenue came in at $7.71 billion, beating StreetAccount’s estimate of $6.87 billion, but it was the company’s server unit that really impressed. Revenue from servers, which is a subdivision of the Cloud and AI unit, amounted to $5.45 billion, exceeding the $4.66 billion expected by analysts.

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HPE one day…