HPE CRUSHES Q2 ESTIMATES, STOCK SURGES 30%

INDUSTRY DESK■ 1 MIN READ

MON, JUN 1, 2026

■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE

Hewlett Packard Enterprise reported Q2 revenue of $10.7 billion, beating estimates by nearly $1 billion with 40% year-over-year growth. The company also provided forward guidance above consensus for fiscal 2026 and 2027.

HPE's server revenue grew 33% in the quarter, driving the stronger-than-expected performance. The company generated $10.7 billion in sales against analyst expectations of $9.74 billion. Shares jumped more than 30% in after-hours trading following the earnings announcement and bullish outlook. HPE's fiscal 2026 and 2027 revenue forecasts both exceeded Wall Street estimates. The results underscore sustained demand for enterprise infrastructure and server hardware, areas where HPE has positioned itself as a key beneficiary of data center expansion and AI-related computing needs. The company's guidance suggests confidence in sustained momentum through the next two fiscal years, signaling continued growth in its core business segments.

■ SOURCES

► Techmeme

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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HPE CRUSHES Q2 ESTIMATES, STOCK SURGES 30%

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