Hewlett Packard Enterprise (HPE) official guidance

Hewlett Packard Enterprise (HPE) official earnings guidance and management outlook. Each figure management stated is shown with its revisions and the source quote.

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HPEHewlett Packard Enterprise CoFY2028+ · ends 2028-10-31
1 metric1 new
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTC$600Mnew
Juniper Synergy capture remains on track to achieve our $600 million annual run rate savings target by the end of FY 2028, with integration costs tracking better than planned.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
HPEHewlett Packard Enterprise CoFY2026 · ends 2026-10-31
1 metric1 maintained
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTC$2.93 – $3.03maintained6669.5% – 6893.7% vs FY2025
We are also raising our GAAP EPS range to $2.93 and $3.03.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-09-02 20:07:57 UTC$2.93 – $3.03raised +20.6%6669.5% – 6893.7% vs FY2025
HPE is raising both GAAP diluted net EPS to be in the range of $2.93 to $3.03 and non-GAAP diluted net EPS(1) to be in the range of $3.75 to $3.85.
HPE · EX-99.1 · Q3 FY2026
2026-09-02 20:06:52 UTCOpen source
2026-06-02 04:01:58 UTC$2.42 – $2.52maintained5526% – 5750.2% vs FY2025
We are also raising our GAAP EPS range to $2.42 to $2.52.
HPE · transcript · Q2 FY2026
2026-06-02 04:00:00 UTCOpen source
2026-06-01 20:10:30 UTC$2.42 – $2.52raised +120.5%5526% – 5750.2% vs FY2025
HPE is raising both GAAP diluted net EPS to be in the range of $2.42 to $2.52 and non-GAAP diluted net EPS(1)(4) to be in the range of $3.35 to $3.45.
HPE · EX-99.1 · Q2 FY2026
2026-06-01 20:09:22 UTCOpen source
2026-03-10 04:01:33 UTC$1.02 – $1.22maintained2387% – 2835.4% vs FY2025
We are also raising our GAAP EPS by $0.40 to $1.02-$1.22.
HPE · transcript · Q1 FY2026
2026-03-10 04:00:00 UTCOpen source
2026-03-09 20:09:05 UTC$1.02 – $1.22raised +55.6%2387% – 2835.4% vs FY2025
HPE is raising both GAAP diluted net EPS to be in the range of $1.02 to $1.22 and non-GAAP diluted net EPS(1)(4) to be in the range of $2.30 to $2.50.
HPE · EX-99.1 · Q1 FY2026
2026-03-09 20:08:13 UTCOpen source
2025-12-05 05:01:49 UTC$0.62 – $0.82maintained
We now also expect a higher GAAP diluted net EPS range of $0.62-$0.82.
HPE · transcript · Q4 FY2025
2025-12-05 05:00:00 UTCOpen source
2025-12-04 21:08:18 UTC$0.62 – $0.82new
HPE is raising both GAAP diluted net EPS to be in the range of $0.62 to $0.82 and non-GAAP diluted net EPS(1) to be in the range of $2.25 to $2.45.
HPE · EX-99.1 · Q4 FY2025
2025-12-04 21:07:19 UTCOpen source
HPEHewlett Packard Enterprise CoQ4 FY2026 · ends 2026-10-31
1 metric1 maintained
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTC$1.12 – $1.22maintained918.2% – 1009.1% vs Q4 FY2025
As a result, we expect EPS between $1.20 and $1.30, and GAAP EPS between $1.12 and $1.22.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-09-02 20:07:57 UTC$1.12 – $1.22new918.2% – 1009.1% vs Q4 FY2025
HPE estimates GAAP diluted net EPS to be in the range of $1.12 to $1.22 and non-GAAP diluted net EPS(1) to be in the range of $1.20 to $1.30.
HPE · EX-99.1 · Q3 FY2026
2026-09-02 20:06:52 UTCOpen source
HPEHewlett Packard Enterprise CoFY2026 · ends 2026-10-31
1 metric1 maintained
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTC$3.75 – $3.85maintained
Based on our Q3 results and Q4 outlook, we are raising our FY 2026 EPS guidance range to $3.75-$3.85.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-09-02 20:07:57 UTC$3.75 – $3.85raised +11.8%
HPE is raising both GAAP diluted net EPS to be in the range of $2.93 to $3.03 and non-GAAP diluted net EPS(1) to be in the range of $3.75 to $3.85.
HPE · EX-99.1 · Q3 FY2026
2026-09-02 20:06:52 UTCOpen source
2026-06-02 04:01:58 UTC$3.35 – $3.45maintained
For fiscal year 2026, we are raising our EPS outlook range to $3.35 to $3.45.
HPE · transcript · Q2 FY2026
2026-06-02 04:00:00 UTCOpen source
2026-06-01 20:10:30 UTC$3.35 – $3.45raised +41.7%
HPE is raising both GAAP diluted net EPS to be in the range of $2.42 to $2.52 and non-GAAP diluted net EPS(1)(4) to be in the range of $3.35 to $3.45.
HPE · EX-99.1 · Q2 FY2026
2026-06-01 20:09:22 UTCOpen source
2026-03-10 04:01:33 UTC$2.3 – $2.5maintained
For FY26, we are raising our EPS outlook range by $0.05 to $2.30-$2.50.
HPE · transcript · Q1 FY2026
2026-03-10 04:00:00 UTCOpen source
2026-03-09 20:09:05 UTC$2.3 – $2.5raised +2.1%
HPE is raising both GAAP diluted net EPS to be in the range of $1.02 to $1.22 and non-GAAP diluted net EPS(1)(4) to be in the range of $2.30 to $2.50.
HPE · EX-99.1 · Q1 FY2026
2026-03-09 20:08:13 UTCOpen source
2025-12-05 05:01:49 UTC$2.25 – $2.45maintained
We are raising our fiscal 2026 non-GAAP diluted net EPS outlook range to $2.25 to $2.45.
HPE · transcript · Q4 FY2025
2025-12-05 05:00:00 UTCOpen source
2025-12-04 21:08:18 UTC$2.25 – $2.45new
HPE is raising both GAAP diluted net EPS to be in the range of $0.62 to $0.82 and non-GAAP diluted net EPS(1) to be in the range of $2.25 to $2.45.
HPE · EX-99.1 · Q4 FY2025
2025-12-04 21:07:19 UTCOpen source
HPEHewlett Packard Enterprise CoFY2027 · ends 2027-10-31
1 metric1 new
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTC$4.4 – $4.6new
Given the demand strength and sizable backlog we saw at the end of Q3, combined with some large deals we signed post quarter close, we are updating our fiscal 2027 framework and now expect consolidated revenues to grow 13%-17%, networking revenue growth of 14%-17%, cloud and AI revenue growth of 14%-18%, company operating profit growth of 14%-18%, company operating margin of 14%-15%, supported by a modest decline in operating expense, networking operating margin in the mid to high 20% range, cloud and AI operating margin of approximately 13%, EPS of $4.40-$4.60, which implies growth of 16%-20% versus the midpoint of our FY 2026 EPS outlook, and free cash flow of at least $5 billion.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
HPEHewlett Packard Enterprise CoQ4 FY2026 · ends 2026-10-31
1 metric1 maintained
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTC$1.2 – $1.3maintained
As a result, we expect EPS between $1.20 and $1.30, and GAAP EPS between $1.12 and $1.22.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-09-02 20:07:57 UTC$1.2 – $1.3new
HPE estimates GAAP diluted net EPS to be in the range of $1.12 to $1.22 and non-GAAP diluted net EPS(1) to be in the range of $1.20 to $1.30.
HPE · EX-99.1 · Q3 FY2026
2026-09-02 20:06:52 UTCOpen source
HPEHewlett Packard Enterprise CoFY2026 · ends 2026-10-31
1 metric
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTCat least $3.8B
As a result, we are raising our free cash flow target to at least $3.75 billion for FY 2026.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-09-02 20:07:57 UTCat least $3.8B
HPE is also raising its free cash flow(1)(2)(4) guidance and now expects free cash flow to be at least $3.75 billion.
HPE · EX-99.1 · Q3 FY2026
2026-09-02 20:06:52 UTCOpen source
2026-06-02 04:01:58 UTCat least $3.5B
Lastly, we are increasing our free cash flow outlook to at least $3.5 billion, up from our prior outlook of at least $2 billion.
HPE · transcript · Q2 FY2026
2026-06-02 04:00:00 UTCOpen source
2026-06-01 20:10:30 UTCat least $3.5B
HPE is also raising its free cash flow(1)(2)(4) guidance and now expects free cash flow to be at least $3.5 billion.
HPE · EX-99.1 · Q2 FY2026
2026-06-01 20:09:22 UTCOpen source
2026-03-09 20:09:05 UTCat least $2B
HPE is also raising its free cash flow(1)(2)(4) guidance and now expects free cash flow to be at least $2.0 billion.
HPE · EX-99.1 · Q1 FY2026
2026-03-09 20:08:13 UTCOpen source
2025-12-04 21:08:18 UTC$1.7B – $2Bnew
HPE is also raising the midpoint of its free cash flow(1)(3)(5) guidance, now expected to be in the range of $1.7 billion to $2 billion.
HPE · EX-99.1 · Q4 FY2025
2025-12-04 21:07:19 UTCOpen source
HPEHewlett Packard Enterprise CoFY2027 · ends 2027-10-31
1 metric
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTCat least $5B
Given the demand strength and sizable backlog we saw at the end of Q3, combined with some large deals we signed post quarter close, we are updating our fiscal 2027 framework and now expect consolidated revenues to grow 13%-17%, networking revenue growth of 14%-17%, cloud and AI revenue growth of 14%-18%, company operating profit growth of 14%-18%, company operating margin of 14%-15%, supported by a modest decline in operating expense, networking operating margin in the mid to high 20% range, cloud and AI operating margin of approximately 13%, EPS of $4.40-$4.60, which implies growth of 16%-20% versus the midpoint of our FY 2026 EPS outlook, and free cash flow of at least $5 billion.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-09-02 20:07:57 UTCat least $5B
HPE is also raising its free cash flow guidance and now expects free cash flow to be at least $5.0 billion(1)(2)(4).
HPE · EX-99.1 · Q3 FY2026
2026-09-02 20:06:52 UTCOpen source
2026-06-02 04:01:58 UTCat least $4.5B
We expect revenue growth and operating leverage to deliver EPS growth of 12%-16% and free cash flow of at least $4.5 billion.
HPE · transcript · Q2 FY2026
2026-06-02 04:00:00 UTCOpen source
2026-06-01 20:10:30 UTCat least $4.5Bnew
HPE estimates it will generate free cash flow(1)(2)(4) of at least $4.5 billion.
HPE · EX-99.1 · Q2 FY2026
2026-06-01 20:09:22 UTCOpen source
HPEHewlett Packard Enterprise CoFY2026 · ends 2026-10-31
1 metric
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTC$2.5B – $3B
Cumulative networks for AI orders were $2.2 billion, surpassing our FY 2026 target. As a result, we are increasing our year-end target to $2.5 billion-$3 billion.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-06-02 04:01:58 UTCat least $2B
Now expect cumulative orders to reach at least $2 billion by fiscal year-end 2026.
HPE · transcript · Q2 FY2026
2026-06-02 04:00:00 UTCOpen source
2026-03-10 04:01:33 UTC$1.7B – $1.9Braised +20.0%
Driven by a strong order demand momentum in data center switching and routing products, we are now targeting $1.7 billion-$1.9 billion in cumulative networks for AI orders by the end of fiscal 2026.
HPE · transcript · Q1 FY2026
2026-03-10 04:00:00 UTCOpen source
2025-12-05 05:01:49 UTC$1.5Bnew
We are on track to achieve networking for AI cumulative to order target of $1.5 billion by the end of fiscal year 2026.
HPE · transcript · Q4 FY2025
2025-12-05 05:00:00 UTCOpen source
HPEHewlett Packard Enterprise CoFY2027 · ends 2027-10-31
1 metric
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTCa modest decline in operating expense
Given the demand strength and sizable backlog we saw at the end of Q3, combined with some large deals we signed post quarter close, we are updating our fiscal 2027 framework and now expect consolidated revenues to grow 13%-17%, networking revenue growth of 14%-17%, cloud and AI revenue growth of 14%-18%, company operating profit growth of 14%-18%, company operating margin of 14%-15%, supported by a modest decline in operating expense, networking operating margin in the mid to high 20% range, cloud and AI operating margin of approximately 13%, EPS of $4.40-$4.60, which implies growth of 16%-20% versus the midpoint of our FY 2026 EPS outlook, and free cash flow of at least $5 billion.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-06-02 04:01:58 UTCyear-over-year reduction in OpExnew
We see improved operating margins of 12%-16% for the company and expect to see a year-over-year reduction in OpEx.
HPE · transcript · Q2 FY2026
2026-06-02 04:00:00 UTCOpen source
HPEHewlett Packard Enterprise CoQ4 FY2026 · ends 2026-10-31
1 metric1 new
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTCdecrease sequentially by a low single digitnew
We expect Q4 total operating expenses to decrease sequentially by a low single digit due to lower variable compensation expense and increased Catalyst Transformation efficiencies and Juniper synergy capture.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
HPEHewlett Packard Enterprise CoFY2027 · ends 2027-10-31
2 metrics1 raised1 new
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTC14% – 18%new14% – 18% vs FY2026
Given the demand strength and sizable backlog we saw at the end of Q3, combined with some large deals we signed post quarter close, we are updating our fiscal 2027 framework and now expect consolidated revenues to grow 13%-17%, networking revenue growth of 14%-17%, cloud and AI revenue growth of 14%-18%, company operating profit growth of 14%-18%, company operating margin of 14%-15%, supported by a modest decline in operating expense, networking operating margin in the mid to high 20% range, cloud and AI operating margin of approximately 13%, EPS of $4.40-$4.60, which implies growth of 16%-20% versus the midpoint of our FY 2026 EPS outlook, and free cash flow of at least $5 billion.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-09-03 04:01:52 UTC13%raised +4.0%
Given the demand strength and sizable backlog we saw at the end of Q3, combined with some large deals we signed post quarter close, we are updating our fiscal 2027 framework and now expect consolidated revenues to grow 13%-17%, networking revenue growth of 14%-17%, cloud and AI revenue growth of 14%-18%, company operating profit growth of 14%-18%, company operating margin of 14%-15%, supported by a modest decline in operating expense, networking operating margin in the mid to high 20% range, cloud and AI operating margin of approximately 13%, EPS of $4.40-$4.60, which implies growth of 16%-20% versus the midpoint of our FY 2026 EPS outlook, and free cash flow of at least $5 billion.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-06-02 04:01:58 UTC10% – 15%new
With cloud and AI operating margin in the range of 10%-15%, depending on the mix of AI business and the pace of Catalyst savings.
HPE · transcript · Q2 FY2026
2026-06-02 04:00:00 UTCOpen source
HPEHewlett Packard Enterprise CoQ4 FY2026 · ends 2026-10-31
1 metric1 new
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTCmid-teens ratenew
We expect operating margin to moderate sequentially to a mid-teens rate.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
HPEHewlett Packard Enterprise CoFY2027 · ends 2027-10-31
1 metric1 raised
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTCmid to high 20% rangeraised +1.9%
Given the demand strength and sizable backlog we saw at the end of Q3, combined with some large deals we signed post quarter close, we are updating our fiscal 2027 framework and now expect consolidated revenues to grow 13%-17%, networking revenue growth of 14%-17%, cloud and AI revenue growth of 14%-18%, company operating profit growth of 14%-18%, company operating margin of 14%-15%, supported by a modest decline in operating expense, networking operating margin in the mid to high 20% range, cloud and AI operating margin of approximately 13%, EPS of $4.40-$4.60, which implies growth of 16%-20% versus the midpoint of our FY 2026 EPS outlook, and free cash flow of at least $5 billion.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-06-02 04:01:58 UTCmid to high 20% rangenew
We forecast networking margin in the mid to high 20% range, driven by scale mix and Synergies.
HPE · transcript · Q2 FY2026
2026-06-02 04:00:00 UTCOpen source
HPEHewlett Packard Enterprise CoQ4 FY2026 · ends 2026-10-31
1 metric1 new
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTCimprove modestly quarter-over-quarternew
We expect networking operating margin to improve modestly quarter-over-quarter, driven by top-line growth and Juniper synergies.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
HPEHewlett Packard Enterprise CoFY2027 · ends 2027-10-31
1 metric1 maintained
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTC14% – 15%maintained
Given the demand strength and sizable backlog we saw at the end of Q3, combined with some large deals we signed post quarter close, we are updating our fiscal 2027 framework and now expect consolidated revenues to grow 13%-17%, networking revenue growth of 14%-17%, cloud and AI revenue growth of 14%-18%, company operating profit growth of 14%-18%, company operating margin of 14%-15%, supported by a modest decline in operating expense, networking operating margin in the mid to high 20% range, cloud and AI operating margin of approximately 13%, EPS of $4.40-$4.60, which implies growth of 16%-20% versus the midpoint of our FY 2026 EPS outlook, and free cash flow of at least $5 billion.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-09-02 20:07:57 UTC14% – 15%raised +3.6%
HPE estimates non-GAAP operating margin rate to be in the range of 14% to 15%(1)(4).
HPE · EX-99.1 · Q3 FY2026
2026-09-02 20:06:52 UTCOpen source
2026-06-02 04:01:58 UTC12% – 16%maintained
We see improved operating margins of 12%-16% for the company and expect to see a year-over-year reduction in OpEx.
HPE · transcript · Q2 FY2026
2026-06-02 04:00:00 UTCOpen source
2026-06-01 20:10:30 UTC12% – 16%new
HPE estimates non-GAAP diluted net EPS(1)(4) growth to be in the range of 12% to 16% and non-GAAP operating margin rate to be in the range of 12% to 16%(1)(4).
HPE · EX-99.1 · Q2 FY2026
2026-06-01 20:09:22 UTCOpen source
HPEHewlett Packard Enterprise CoQ4 FY2026 · ends 2026-10-31
2 metrics1 new1 maintained
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTCdecline sequentiallynew
We expect our operating margin rate to decline sequentially, driven primarily by a higher mix of AI systems in cloud and AI and pricing.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-09-03 04:01:52 UTC$13.9B – $14.8Bmaintained43.4% – 52.6% vs Q4 FY2025
We expect Q4 revenue to be between $13.9 billion and $14.8 billion, reflecting continued strong demand across both segments.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-09-02 20:07:57 UTC$13.9B – $14.8Bnew43.4% – 52.6% vs Q4 FY2025
HPE estimates revenue to be in the range of $13.9 billion to $14.8 billion.
HPE · EX-99.1 · Q3 FY2026
2026-09-02 20:06:52 UTCOpen source
HPEHewlett Packard Enterprise CoFY2027 · ends 2027-10-31
1 metric1 raised
earnings call · 2026-09-03 04:01:52 UTC
2026-09-03 04:01:52 UTC14% – 18%raised +60.0%14% – 18% vs FY2026
Given the demand strength and sizable backlog we saw at the end of Q3, combined with some large deals we signed post quarter close, we are updating our fiscal 2027 framework and now expect consolidated revenues to grow 13%-17%, networking revenue growth of 14%-17%, cloud and AI revenue growth of 14%-18%, company operating profit growth of 14%-18%, company operating margin of 14%-15%, supported by a modest decline in operating expense, networking operating margin in the mid to high 20% range, cloud and AI operating margin of approximately 13%, EPS of $4.40-$4.60, which implies growth of 16%-20% versus the midpoint of our FY 2026 EPS outlook, and free cash flow of at least $5 billion.
HPE · transcript · Q3 FY2026
2026-09-03 04:00:00 UTCOpen source
2026-06-02 04:01:58 UTC8% – 12%new8% – 12% vs FY2026
We see sustained secular tailwinds driving consolidated revenue growth of 8%-12%, with a similar range for both of our networking and cloud and AI segments.
HPE · transcript · Q2 FY2026
2026-06-02 04:00:00 UTCOpen source