HPE Hewlett Packard Enterprise (HPE) Q1 FY26 earnings call
HPE delivered a strong Q1 FY26, driven by robust Networking performance and disciplined execution in Cloud & AI, leading to a raised full-year outlook. The company is actively managing significant commodity cost inflation and supply tightness through agile pricing and long-term supply agreements, while GreenLake and AI deployments continue to drive strong demand. The successful integration of Juniper Networks is contributing to the positive momentum and synergy realization.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
HPE operating KPIs by quarter
| KPI | Jan 2025 Q1 FY25 | Oct 2025 Q4 FY25 | Apr 2026 Q2 FY26 | Jul 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|---|
| Customers HPE GreenLake Cloud | 41K+We finished Q1 with more than 41,000 enterprises using HPE GreenLake Cloud.Source: earnings call transcript | ~46KWe added approximately 7,000 new customers to GreenLake, ending the year with approximately 46,000 customers.Source: earnings call transcript | ~50KWe exited Q2 with approximately 50,000 customers operating their IT in our GreenLake cloud, managing more than 6.7 million systems, up from 5.3 million a year ago.Source: earnings call transcript | 52KIn Q3, the number of GreenLake customers grew 18% to 52,000, up from 44,000 a year ago.Source: earnings call transcript | — |
| Annual recurring revenue (ARR) | $2.1BOur annual recurring revenue was $2.1 billion, up 46% year-over-year, driven by AI and Intelligent Edge.Source: earnings call transcript | $3.2BTotal company ARR was $3.2 billion, up 62% year-over-year with the addition of Juniper.Source: earnings call transcript | — | — | +52.4% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Inve summary of the company's earnings call; see how call summaries are prepared. Not investment advice.