HPE today announced its fiscal 2026 second quarter results. Antonio Neri, president and CEO of HPE, said: "HPE achieved record revenue this quarter, along with better-than-expected profitability and expanded free cash flow. This reflects solid execution across the business and robust demand. Customers continue to invest in infrastructure modernization and AI deployment. HPE's results underscore the strength of our integrated networking portfolio and value creation for shareholders." Marie Myers, EVP and CFO of HPE, said: "HPE achieved high profitability and expanded cash generation this quarter through ongoing operational discipline and accelerated cost synergies from the Juniper Networks integration and internal initiatives. Based on these results, we are raising our fiscal 2026 guidance and introducing a new financial growth framework for fiscal 2027. These updates demonstrate the sustainability of our performance and operational excellence, accelerating progress toward long-term financial plans." HPE achieved record revenue, gross margin, non-GAAP diluted EPS, and record free cash flow for a second quarter. Fiscal 2026 Q2 (February 2026 – April 2026) Summary: Revenue: $10.7 billion, up 40% YoY Gross Margin: - GAAP: 36.5%, up 810 bps YoY, up 60 bps QoQ - Non-GAAP: 36.9%, up 750 bps YoY, up 30 bps QoQ Diluted EPS: - GAAP: $0.44, up $1.26 YoY, above guidance range $0.09-$0.13 - Non-GAAP: $0.79, up $0.41 YoY, above guidance range $0.51-$0.55 Cash from operations: $1.4 billion, up $1.9 billion YoY Free cash flow: $0.9 billion, up $1.8 billion YoY Capital returned to shareholders: $343 million in dividends and share repurchases Original press release including condensed consolidated statements of operations: https://www.hpe.com/us/en/newsroom/press-release/2026/06/hpe-reports-fiscal-2026-second-quarter-results.html