HPE posts $10.7 billion Q2 FY2026 revenue as cloud, AI and networking surge
AI Market Summary
Hewlett Packard Enterprise reported record Q2 FY2026 revenue of $10.7B (+40% YoY), with Cloud and AI up 22.9% and Networking surging 148.2%, signaling strong AI infrastructure demand and improved mix. Non-GAAP EPS rose 108% and Cloud/AI operating margin nearly doubled, while full-year free cash flow guidance increased to at least $3.5B. The results support a more constructive near-term outlook for HPE-linked tech exposure.
Impact level
● Medium
Affected assets
NCSKHPE2USD/USDT-0.37%
AI Insight · NCSKHPE2USD/USDTAI Insight
▲ Bullish
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Hewlett Packard Enterprise (HPE) reported fiscal 2026 second-quarter revenue of $10.7 billion, up 40% year over year and a record high. Revenue from its Cloud and AI segment rose 22.9%, while Networking revenue jumped 148.2%. Non-GAAP earnings per share doubled from a year earlier, and the Cloud and AI operating margin nearly doubled. The company also raised its full-year free cash flow outlook to at least $3.5 billion.
