Hewlett Packard Enterprise(NYSE) HPE

Hewlett Packard Enterprise Company helps businesses store and process data. It builds hardware and software for offices and data centers. These tools let companies run apps and secure networks.

Inside the Product Portfolio

• Cloud & AI: Computing servers that process data and flexible storage solutions; accounted for $23.1 billion of net revenue for the nine months ended July 31, 2026.
• Networking: Wired and wireless local area network hardware, including Wi-Fi access points and switches; generated $8.3 billion of net revenue for the nine months ended July 31, 2026.
• Corporate Investments: Specialized media technologies and communication services for businesses; represented $820 million of net revenue for the nine months ended July 31, 2026.

Reshaping the Strategic Focus

• Completed the $13.4 billion acquisition of Juniper Networks on July 2, 2025, to expand its networking and artificial intelligence (AI) capabilities.
• Sold the remaining equity interest in H3C for approximately $1.4 billion in May 2026 to focus on core operations.
• Finalized the sale of the Telco Solutions business to HCLTech on Aug. 1, 2026.
• Approved a cost reduction program in March 2025 intended to reduce structural operating expenses through fiscal year 2026.

Solving Modern Data Problems

HPE generates more than half of its total revenue outside the United States. It uses its GreenLake platform to deliver information technology (IT) as a service based on actual customer usage.

A Look at the Numbers

• Net revenue was $32.2 billion for the nine-month period ended July 31, 2026, up 30.8% year over year.
• Gross profit reached $12.1 billion for the nine months ended July 31, 2026, up 70.1% year over year.
• Net earnings attributable to HPE was $2.6 billion for the nine-month period ended July 31, 2026.
• Free cash flow hit $2.6 billion during the nine months ended July 31, 2026.
• Cash and cash equivalents totaled $6.3 billion as of July 31, 2026.

The Bottom Line

HPE has transitioned from a traditional hardware manufacturer to an edge-to-cloud technology provider. Its current strategy prioritizes networking, artificial intelligence, and recurring revenue models to drive long-term value.