Strong Revenue Growth
Hewlett Packard Enterprise delivered a 17% year-over-year revenue growth in Q1, marking the fourth consecutive quarter of improved year-over-year top-line growth. The server business grew revenue by 30% year-over-year, with hybrid cloud also showing strong performance.
Intelligent Edge Success
The Intelligent Edge segment recorded 2% quarter-over-quarter revenue growth, with double-digit year-over-year order growth across all key geographies and products, including campus switching.
AI System Orders and Revenue
HPE booked $1.6 billion in new AI system orders in Q1, with cumulative AI system orders reaching $8.3 billion. AI systems revenue for Q1 was $900 million.
GreenLake Growth
GreenLake remains a key differentiator, ending Q1 with more than 41,000 enterprises using HPE GreenLake Cloud and AIR surpassing $2 billion for the first time, up 46% year-over-year.
New Product Launches
HPE launched several new products, including the ProLiant Gen 12 server platform and new vertical solutions for the Intelligent Edge segment, demonstrating continued innovation.