The earnings call showcased strong revenue growth, successful strategic acquisitions, and robust performance in AI and networking. However, challenges in gross margins and specific segment pressures highlight areas for improvement. The positive aspects of the call, including record revenue and improved cash flow, somewhat balance out the lowlights.

Company Guidance

During the Fiscal 2025 Third Quarter Earnings Conference Call, Hewlett Packard Enterprise (HPE) provided guidance on various business segments and detailed metrics. HPE reported record-breaking revenue of $9.1 billion, reflecting an 18% increase year-over-year, fueled by strong performance in AI, networking, and hybrid cloud. The acquisition of Juniper Networks contributed to this growth, with Juniper accounting for $480 million of the revenue and nearly 50% of HPE's non-GAAP consolidated operating profit. The new combined networking segment saw revenue of $1.7 billion, up 54% year over year. HPE's server segment achieved $4.9 billion in revenue, marking a 16% increase year-over-year, driven by strong AI order conversions. HPE's hybrid cloud revenue reached $1.5 billion, marking the fourth consecutive quarter of year-over-year growth. The company reported non-GAAP diluted net earnings per share of $0.44 and a free cash flow of $719 million. HPE is targeting operating margins in the upper 9% range for the fiscal year and is implementing a structural cost-saving program, Catalyst, to enhance operational efficiency and optimize its workforce. The company expects significant integration synergies from the Juniper acquisition, reiterating a $600 million cost synergy target over the next three years.

Record-Breaking Revenue and Growth

Hewlett Packard Enterprise (HPE) achieved record-breaking revenue of $9.1 billion, up 18% year over year. This was fueled by strong momentum across AI, networking, and hybrid cloud.

Successful Juniper Networks Acquisition

HPE closed the acquisition of Juniper Networks, which is expected to provide at least $600 million in cost synergies over the next three years. The acquisition is anticipated to be accretive to non-GAAP results in year one.

Strong AI and Networking Performance

HPE's AI orders nearly doubled sequentially, driven by sovereign opportunities up approximately 250%. The new combined networking segment accounted for nearly 50% of HPE's non-GAAP consolidated operating profit.

Improved Profitability and Free Cash Flow

Non-GAAP diluted net earnings per share reached $0.44, and free cash flow was $719 million, driven by higher AI backlog conversion to revenue and strong supply chain execution.

Growth in Intelligent Edge and Hybrid Cloud

Intelligent Edge revenue increased 11% year over year, and hybrid cloud revenue increased year over year for the fourth consecutive quarter.

Hewlett Packard Enterprise (HPE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

HPE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 02, 2025	2025 (Q4)	0.58 / -	0.58	―	―	―
Jul 31, 2025	2025 (Q3)	0.42 / 0.44	0.5	-12.00% (-0.06)	―	―
Jun 04, 2025	2025 (Q2)	0.35 / 0.38	0.42	-9.52% (-0.04)
Mar 06, 2025	2025 (Q1)	0.50 / 0.49	0.48	2.08% (+0.01)
Dec 05, 2024	2024 (Q4)	0.56 / 0.58	0.52	11.54% (+0.06)
Sep 04, 2024	2024 (Q3)	0.47 / 0.50	0.49	2.04% (+0.01)
Jun 04, 2024	2024 (Q2)	0.39 / 0.42	0.52	-19.23% (-0.10)
Feb 29, 2024	2024 (Q1)	0.46 / 0.48	0.63	-23.81% (-0.15)
Nov 28, 2023	2023 (Q4)	0.50 / 0.52	0.57	-8.77% (-0.05)
Aug 29, 2023	2023 (Q3)	0.47 / 0.49	0.48	2.08% (+0.01)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

HPE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 31, 2025	$20.69	$19.81	-4.25%
Jun 04, 2025	$17.71	$17.63	-0.45%
Mar 06, 2025	$17.69	$15.57	-11.98%
Dec 05, 2024	$21.19	$23.44	+10.62%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.