Hewlett Packard Enterprise (HPE) Q3 2025 Earnings
How Did HPE Stock React to Q3 2025 Earnings?
S&P 500 over the same 30 days: +3.46%.
Did HPE Beat Earnings? Q3 2025 Results
Yes. Hewlett Packard Enterprise reported Q3 2025 earnings of $0.44 a share on Sep 3, 2025, beating the $0.42 consensus estimate by 5.4%. Revenue was $9.1B against a $8.8B estimate.
Hewlett Packard Enterprise delivered a transformational fiscal Q3 2025, posting record quarterly revenue of $9.14 billion, up 19.1% year-over-year, while non-GAAP EPS of $0.44 cleared the $0.42 Wall Street consensus by 5.41%, both figures topping expectations. The single biggest catalyst was the July 2 closing of HPE's $13.4 billion Juniper Networks acquisition, which supercharged the renamed Networking segment to $1.73 billion in revenue, a 54% year-over-year surge, while the Server segment, buoyed by robust enterprise appetite for AI-optimized hardware, contributed $4.94 billion, up 16% year-over-year. Annualized revenue from consumption services reached $3.10 billion, up 77% year-over-year, reflecting the breadth of the combined portfolio. Looking ahead, HPE guided Q4 revenue of $9.70 billion to $10.10 billion with non-GAAP EPS of $0.56 to $0.60, and full-year FY2025 non-GAAP EPS of $1.88 to $1.92, as management signaled growing profit accretion from Juniper synergies; <a href="https://247wallst.com/investing/2025/08/27/live-hp-inc-hpq-reports-earnings-today-will-shares-decline/">sister company HP Inc.</a> is also scheduled to report results shortly.
- Record revenue driven by 19% YoY growth with strong demand across the portfolio
- Server segment revenue up 16% YoY to $4.9 billion
- Networking segment revenue surged 54% YoY to $1.7 billion, boosted by Juniper Networks consolidation
- Hybrid Cloud revenue grew 12% YoY with improved operating margins
- ARR reached $3.1 billion, up 77% YoY, reflecting growth in consumption services
- Cash flow from operations of $1,305 million, up $151 million YoY
- Free cash flow of $790 million, up $121 million YoY
“HPE delivered record-breaking revenue and improved profitability this quarter as we marked a major milestone by closing our acquisition of Juniper Networks.”
Hewlett Packard Enterprise CEO, on the earnings call
What Was Hewlett Packard Enterprise's Outlook in Q3 2025?
For fiscal Q4 2025, HPE estimates revenue of $9.7 billion to $10.1 billion, GAAP diluted EPS of $0.50 to $0.54, and non-GAAP diluted EPS of $0.56 to $0.60. For full fiscal year 2025, HPE estimates constant-currency revenue growth of 14% to 16%, non-GAAP operating profit growth of 4% to 7%, GAAP diluted EPS of $0.42 to $0.46, non-GAAP diluted EPS of $1.88 to $1.92, and free cash flow of approximately $700 million. The full-year GAAP outlook reflects the $1.4 billion goodwill impairment recorded in Q2 FY2025.
HPE YoY Financials
| Metric | Q3 2025 | Q3 2024 | Year over year |
|---|---|---|---|
| Revenue | $9.1B | $7.7B | +19.1% |
| Gross Profit | $2.7B | $2.3B | +14.1% |
| Operating Income | $247.0M | $566.0M | −56.4% |
| Net Income | $305.0M | $512.0M | −40.4% |
HPE Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.