By Weixin Lin
Publication Date: 2026-06-02 08:28:00
Enterprise technology company Hewlett Packard Enterprise (NYSE:HPE) reported better-than-expected revenue for the first quarter of fiscal 2026, with sales up 40% year-over-year to $10.68 billion. On top of that, the revenue forecast for the next quarter ($11.8 billion at the midpoint) was surprisingly good and 8.7% higher than what analysts were expecting. Its GAAP earnings of $0.42 per share were significantly above analysts’ consensus estimates.
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Hewlett Packard Enterprise (HPE) Q1 CY2026 Highlights:
Revenue: $10.68 billion vs. analyst estimates of $9.78 billion (40% YoY growth, 9.2% beat)
EPS (GAAP): $0.42 vs. analyst estimates of $0.15 (significant beat)
Revenue guidance for the second quarter of 2026 is $11.8 billion at the midpoint, above analyst estimates of $10.85 billion.
Operating…
