HPE hits $12.2 billion revenue, up 34% as AI demand drives blowout

Hewlett Packard Enterprise crushed Street expectations and raised full-year guidance as AI-system orders and networking surge.

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Primary source: HPE

HPE hits $12.2 billion revenue, up 34% as AI demand drives blowout — Hewlett Packard Enterprise crushed Street expectations and raised full-year guidance as AI-system orders and networking surge.

Hewlett Packard Enterprise delivered a massive quarter, posting $12.2 billion in revenue for Q3 FY2026, representing a 34% year-over-year jump that comfortably cleared the consensus range of $11.93 billion to $11.97 billion. The hardware giant saw a dramatic expansion in profitability, with non-GAAP EPS hitting $1.11, significantly outpacing the company's own previous-quarter-end guidance of $0.88 to $0.93.…

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