HPE reports Q2 revenue up 40% YoY to $10.7B, vs. $9.74B est., Server revenue up 33%, forecasts revenue for FY26 and FY27 above est.; HPE jumps 30%+ after hours
Hewlett Packard Enterprise Co. shares soared in extended trading after the company gave an outlook for annual sales that topped estimates …
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HPE Stock Explodes 30% as Server Demand Drives Massive Revenue Beat
Hewlett Packard Enterprise crushed estimates with $10.7B in Q2 revenue, up 40% year-over-year.
Hewlett Packard Enterprise just delivered a quarter that nobody saw coming. The company posted Q2 revenue of $10.7 billion — a 40% jump year-over-year and well ahead of the $9.74 billion analysts expected.
Server revenue surged 33%, driven by what the company described as massive growth in demand. That's the headline number, and it's a big one.
But HPE didn't stop at the backward-looking beat. The company issued revenue forecasts for FY26 and FY27 that both topped estimates, signaling sustained momentum rather than a one-quarter fluke.
The market responded decisively. HPE shares rocketed more than 30% in after-hours trading — a dramatic move for an enterprise infrastructure company of this size.
The results underscore just how aggressively enterprises are spending on server infrastructure right now, with no signs of slowing down.