By Zacks Equity Research
Publication Date: 2026-06-02 16:47:00
Hewlett Packard Company HPE reported better-than-expected results for the second quarter of fiscal 2026. The company’s non-GAAP earnings of 79 cents per share surpassed the Zacks Consensus Estimate by 46.3% and increased 107.9% year over year.
HPE posted revenues of $10.6 billion during the quarter, surpassing the Zacks Consensus Estimate by 8.7%. The company’s revenue increased 40.0% year over year.
HPE’s quarterly performance was supported by strong demand across the portfolio, with orders more than doubling year-over-year and generating a record order book. Management also highlighted progress on the Juniper integration and the Catalyst initiative, which was ahead of schedule.
HPE Segment Performance
Hewlett Packard’s Networks segment generated $2.7 billion in revenue in the second quarter of fiscal 2026, a year-over-year increase of 148.2%. The segment’s operating profit margin was 21.6%, compared to 25.0% in the same quarter of the previous year.