Hewlett Packard Enterprise Co (NYSE:HPE, XETRA:2HP) shares jumped about 25% on Tuesday after the company reported fiscal second-quarter results that topped expectations and significantly raised its full-year outlook, fueled by strong demand for AI infrastructure, servers and…
tworking products. For the quarter ended April 30, 2026, HPE reported revenue of $10.68 billion, up 40% from a year earlier and ahead of analyst estimates of about $9.78 billion
Adjusted earnings per share came in at $0.79, well above consensus expectations of approximately $0.53. The company said the results were driven by broad-based demand across its business, including a 32.7% increase in server revenue as enterprises continued investing in artificial intelligence and infrastructure modernization. HPE CEO Antonio Neri said customers continued to invest in modernizing infrastructure and scaling AI deployments. “HPE delivered an exceptional quarter with record-breaking revenue, higher-than-anticipated profitability, and increased free cash flow, reflecting strong execution and healthy demand across the business,” Neri said.
Following the quarter, HPE raised its fiscal 2026 outlook. The company now expects full-year revenue growth of 29% to 33%, up from prior guidance of 17% to 22%. HPE also increased its revenue growth forecast for the Networking segment to 72% to 75%.