HPE Q1 revenue rises 18% to $9.3 billion; full-year EPS outlook raised
HPE reported fiscal first-quarter 2026 revenue of $9.3 billion, up 18% from a year earlier, with non-GAAP diluted EPS of $0.65, up $0.16. GAAP diluted EPS was $0.31, down $0.13 from the prior-year period. The company raised its fiscal 2026 non-GAAP diluted EPS outlook to $2.30 to $2.50 and its GAAP outlook to $1.02 to $1.22, which matters to shareholders because it signals higher expected profit for the full year.
Key points
- Q1 revenue was $9.3 billion, up 18% from the prior-year period; Networking revenue was $2.7 billion, up 151.5%
- Non-GAAP diluted EPS was $0.65, up $0.16 year over year; GAAP diluted EPS was $0.31, down $0.13
- Fiscal 2026 outlook raised: non-GAAP diluted EPS $2.30 to $2.50, GAAP diluted EPS $1.02 to $1.22, free cash flow at least $2.0 billion
- Quarterly dividend of $0.1425 per share, payable April 23, 2026 to holders of record as of March 24, 2026
The filing
Written by AI on Nov 8, 2026, 1:42 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 09, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.