Will's Blog: HPE reports Q1 revenue up 18% YoY to $9.3B, vs. $9.37B est., Cloud and AI revenue down 2.7% YoY to $6.3B but reports an AI server backlog of $5B (Dina Bass/Bloomberg)

9 March 2026

HPE reports Q1 revenue up 18% YoY to $9.3B, vs. $9.37B est., Cloud and AI revenue down 2.7% YoY to $6.3B but reports an AI server backlog of $5B (Dina Bass/Bloomberg)

Dina Bass / Bloomberg:
HPE reports Q1 revenue up 18% YoY to $9.3B, vs. $9.37B est., Cloud and AI revenue down 2.7% YoY to $6.3B but reports an AI server backlog of $5B — Hewlett Packard Enterprise Co. gave an outlook for revenue in the current quarter that exceeded analysts' estimates, a sign the company …

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