Hewlett Packard Enterprise

Q3 FY2026 EarningsFY26 Q3 beat consensus on both top and bottom lines: revenue reached $12.21B vs. $11.99B expected (+1.83%), and normalized EPS of $1.11 outperformed the $0.94 estimate (+18.09%). Gross margin improved significantly to 40.1% (+3.84pct vs. consensus), driven by the Juniper Networks acquisition and higher average selling prices in Cloud & AI. Segment performance was robust, with Cloud & AI revenue up 25.4% YoY and Networking surging 74.9% YoY following the Merger. FCF of $958M also beat the $831M low-end estimate, supported by strong operating cash flows and disciplined capital management.