- HPE reported fiscal Q3 2026 revenue of $12.2 billion, up 34% year over year, with adjusted EPS of $1.11 above Wall Street expectations of $0.93.
- Networking revenue rose 74.9% to $2.9 billion, while server revenue increased 35.3% as AI infrastructure spending lifted demand.
- HPE raised FY26 revenue-growth guidance to 34% to 37% and projected fiscal Q4 2026 revenue of $13.9 billion to $14.8 billion.
- Shares fell more than 3% in extended trading as HPE cited shortages of memory, NAND, CPUs and drives despite strong orders.
- HPE expanded its AI infrastructure partnership with Oracle, including HPE Juniper Networking equipment and warrants for HPE common stock.
Quotes
“demand significantly exceeds supply”