Hewlett Packard Enterprise Company
Q3 2025 Earnings
Market Reaction
S&P 500 over the same 30 days: +3.46%.
Did HPE Beat Earnings? Q3 2025 Results
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
Forward Guidance & Outlook
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
HPE Revenue by Segment
Figures from SEC filings and company reports. Not investment advice.