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HPE Networking Investor Day Wednesday, September 30 at 8:30-11:30AM PT Speaker: Rami Rahim, EVP, President, and General Manager of HPE Networking and panel discussion with the HPE Networking Senior Leadership Team Shannon Cross, Chief Strategy Officer [Networking Investor Day Press Release](https://www.hpe.com/us/en/newsroom/press-release/2026/09/hpe-to-outline-networking-priorities-for-long-term-value-creation.html) UBS 30th Annual Global Technology and AI Conference 2026 Title: UBS 30th Annual Global Technology and AI Conference 2026 Date: December 2, 2026 Speakers: Shannon Cross, Chief Strategy Officer Details Coming Soon Barclays 24th Annual Global Technology Conference Wednesday, December 8 Speaker: Shannon Cross, Chief Strategy Officer Quarterly Results 2026 Annual Meeting HPE Securities Analyst Meeting 2025 Events Event Details Time: Wednesday, December 02 Time: Wednesday, December 09 Time: Wednesday, September 30 at 8:30-11:30AM PT Speakers: Rami Rahim, EVP, President, and General Manager of HPE Networking and panel discussion with the HPE Networking Senior Leadership Team Shannon Cross, Chief Strategy Officer News HPE secures its first AMD Helios order in $1.2 billion deal with Vultr Vultr will deploy first AMD Helios™ AI Rack by HPE systems featuring new purpose-built HPE Networking scale-up switching at its U.S. data centers SUNNYVALE, Calif. – Sept. 30, 2026 – [HPE](https://www.hpe.com/us/en/home.html) (NYSE: HPE) today announced a $1.2 billion order from [Vultr](https://www.vultr.com/), the world’s largest privately-held cloud infrastructure company, to deploy [AMD Helios™ AI Rack by HPE](https://www.hpe.com/ai/rackscale) systems at Vultr’s cloud data center locations in the United States. It is HPE's first order for the new AMD Helios system, which features purpose-built HPE Networking scale-up switching and software. HPE and AMD will support Vultr’s effort to meet service provider and enterprise demand for model training and inferencing workloads in their AI data centers. “AI is driving the largest infrastructure buildout in history and together with AMD and Vultr, we are building an open foundation to accelerate the next phase of AI,” said Antonio Neri, president and CEO of HPE. “AMD Helios by HPE demonstrates HPE’s unique ability to engineer the complete AI architecture with rack-scale compute, scale-up networking, and direct liquid cooling, all delivered by our global services.” The new order builds on nearly three years of collaboration between Vultr and Juniper Networks that continues to grow now that Juniper Networks is a part of HPE. “Demand for high-performance AI infrastructure continues to outpace available capacity, and our work with AMD and HPE enables us to bring Helios rack-scale compute and scale-up networking online for customers faster. Together, we're delivering the memory capacity, interconnect performance, and energy efficiency customers need to run the largest and most demanding AI training and inference workloads,” said J.J. Kardwell, CEO of Vultr. The AMD Helios AI Rack by HPE is part of the HPE AI Data Center Solutions portfolio, a deeply integrated, production-ready infrastructure stack with AMD that is designed using open standards and optimized for the demanding economics and scale of the AI lifecycle. Scale AI with an open architecture AMD designed Helios as a high-density system for trillion-parameter model training and high-volume inference. The AMD Helios by HPE order with Vultr delivers a tangible example of HPE’s integrated strategy that combines HPE Juniper Networking technologies with HPE compute, exascale liquid cooling, and rack-scale engineering to deliver an integrated, open Ethernet-based scale-up AI solution.  About HPE HPE (NYSE: HPE) is a leader in essential enterprise technology, bringing together the power of AI, cloud, and networking to help organizations achieve more. As pioneers of possibility, our innovation and expertise advance the way people live and work. We empower our customers across industries to optimize operational performance, transform data into foresight, and maximize their impact. Unlock your boldest ambitions with HPE. Discover more at [www.hpe.com](http://www.hpe.com/). Media Contact: Ben Stricker [\[email protected\]](/cdn-cgi/l/email-protection#37555259194443455e545c5245775f47521954585a) HPE to outline Networking priorities for long-term value creation SUNNYVALE, Calif. – Sept. 30, 2026 – [HPE](https://www.hpe.com/us/en/home.html) (NYSE: HPE) today is hosting HPE Networking Investor Day, where Networking business leaders will outline a strategy designed to accelerate profitable growth and long-term shareholder value creation in the AI era. The company will share how HPE plans to capture expansive demand across Data Center Networking, Routing, Campus & Branch, and Security, positioning HPE Networking as a key driver of its growth. “AI is reshaping the technology stack, making the network more strategic and driving significant new demand from enterprises and service providers,” said Rami Rahim, executive vice president, president and general manager, Networking, HPE. “HPE is positioned to capture that demand through an integrated networking portfolio, expansive go-to-market scale, and greater cross-sell capabilities. Together, these advantages strengthen our ability to deliver sustainable, profitable growth and create long-term shareholder value.” Networking Product Categories At HPE Networking Investor Day, HPE will highlight a broad and expanding networking opportunity across its portfolio, which serves enterprise and service provider customers, including hyperscalers and neoclouds. HPE expects to outgrow the market growth rates it will outline at the event and gain share over the next three years in Data Center Networking, Routing, and Campus & Branch. Data Center Networking As AI rapidly reshapes data center architectures, high-performance networking is becoming essential to ensure GPU resources operate efficiently without being constrained by latency, congestion, or instability. With capabilities spanning both scale-out and scale-up switching, HPE is positioned to expand the addressable data center market opportunity. HPE expects its Data Center Networking revenue to grow at a low-to-high 50s percent CAGR through fiscal 2029. Routing AI is creating a new wave of routing demand at the edge and across data centers, as customers connect users, devices, branches, and increasingly distributed AI clusters. HPE expects to build on decades of routing innovation, deep cloud and service-provider incumbency, and its MX and PTX platforms powered by Trio and Express silicon. HPE expects its Routing revenue to grow at a low-to-high 20s percent CAGR through fiscal 2029. Campus & Branch Campus & Branch is entering a broad, multi-year modernization cycle tied to a Wi‑Fi 7 refresh, positioning HPE to capitalize on the advantages of its combined Aruba and Juniper Mist portfolio, larger installed base, and global go-to-market model. HPE expects its Campus & Branch revenue to grow at a high single-digit percent CAGR through fiscal 2029. Security As networking and security converge, HPE is embedding security throughout the network by combining SASE, network access control, firewalls, identity-based policy enforcement, and AI-powered operations. HPE expects its Security revenue to grow at a high single-digit percent CAGR through fiscal 2029. Juniper Cost Synergies Update HPE is raising its target for Juniper Networks-related cost synergies over the next several years. The company now expects $800 million in annual run-rate savings by the end of fiscal 2028, up from its previously announced target of at least $600 million. Fiscal 2027 Outlook HPE is raising its FY27 Networking segment revenue growth outlook to between high teens to low-20s percent. The company expects Networking segment operating margin to be in the mid-to-high 20s percent range. To support strong demand and mitigate supply constraints entering FY27, the company previously announced it doubled its quarter-over-quarter networking supply purchase commitments in the third quarter of FY26. Long-Term Financial Growth Framework The company is raising its projections for Networking segment revenue to grow at a high-teens percent CAGR from FY26 through FY29. It is also disclosing its expectation that the segment will maintain an operating margin target of mid-to-high 20s percent from FY27 through FY29. First System Order for AMD Helios™ AI Rack by HPE The company is also announcing today that it has secured a $1.2 billion order from Vultr, the world’s largest privately-held cloud infrastructure company, to deploy AMD Helios™ AI Rack by HPE systems. It is HPE’s first order for the new system, which features purpose-built HPE Networking hardware and software. About HPE HPE (NYSE: HPE) is a leader in essential enterprise technology, bringing together the power of AI, cloud, and networking to help organizations achieve more. As pioneers of possibility, our innovation and expertise advance the way people live and work. We empower our customers across industries to optimize operational performance, transform data into foresight, and maximize their impact. Unlock your boldest ambitions with HPE. Discover more at [www.hpe.com](http://www.hpe.com/). Media Contact: Laura Keller [\[email protected\]](/cdn-cgi/l/email-protection#4d012c383f2c6306282121283f0d253d28632e2220) Investor Contact: David Rubin [\[email protected\]](/cdn-cgi/l/email-protection#8de4e3fbe8fef9e2ffa3ffe8e1ecf9e4e2e3fecde5fde8a3eee2e0a8bfbd) Forward-Looking Statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties, and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Hewlett Packard Enterprise Company and its consolidated subsidiaries may differ materially from those expressed or implied by such forward-looking statements and assumptions. The words “believe,” “expect,” “anticipate,” “guidance,” “intend,” “will,” "may", “should,” “could,” and similar expressions are intended to identify such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to statements regarding any projections of total addressable markets, financial performance, plans, strategies and objectives of management for future operations or performance; the integration of Juniper Networks into Hewlett Packard Enterprise and our ability to implement and realize our plans, forecasts, synergies, and other expectations with respect to the consolidated business; and other risks described in HPE’s filings with the Securities and Exchange Commission from time to time including the risks, uncertainties and assumptions described in HPE’s Annual Report on Form 10-K for the fiscal year ended October 31, 2025, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K, and that are otherwise described or updated from time to time in Hewlett Packard Enterprise’s Securities and Exchange Commission reports. The financial projections set forth in this press release reflect only estimates based on information and analyses available at this time. While Hewlett Packard Enterprise believes these estimates to be reasonable, these amounts could differ materially from reported amounts in the filings made by Hewlett Packard Enterprise from time to time with the Securities and Exchange Commission. Hewlett Packard Enterprise assumes no obligation and does not intend to update these forward-looking statements, except as required by applicable law. Hewlett Packard Enterprise Reports Fiscal 2026 Third Quarter Results Record results and demand drive higher outlook for fiscal 2026 and fiscal 2027 -Record revenue of $12.2 billion, up 34% year-over-year -Record operating profit, with GAAP OP up 464% and non-GAAP OP up 155% year-over-year HOUSTON--([BUSINESS WIRE](https://www.businesswire.com))--HPE (NYSE: HPE) today announced financial results for the third quarter ended July 31, 2026. “HPE’s strategy is proving itself again this quarter. Our results demonstrate the durability of our profitable growth momentum. We delivered record revenue, orders, and profitability, fueled by surging customer demand across our portfolio,” said Antonio Neri, president and CEO of HPE. “AI is becoming a multi-year growth driver for HPE, and our differentiated portfolio positions us to capture that opportunity at scale.” “Our outstanding revenue performance and expanded profitability in the third quarter reflect robust demand across our portfolio and consistent, disciplined execution,” said Marie Myers, executive vice president and CFO of HPE. “With our Q3 results and our order backlog at a record level, we are raising our financial outlook and plan to return at least 75% of free cash flow to shareholders in Q4.” Third Quarter Fiscal 2026 Financial Results Third Quarter Fiscal 2026 Segment Results Dividend The HPE Board of Directors declared a regular cash dividend of $0.1425 per share on the company’s common stock, payable on or about October 16, 2026, to stockholders of record as of the close of business on September 17, 2026. Fiscal 2026 Fourth Quarter Outlook HPE estimates revenue to be in the range of $13.9 billion to $14.8 billion. HPE estimates GAAP diluted net EPS to be in the range of $1.12 to $1.22 and non-GAAP diluted net EPS(1) to be in the range of $1.20 to $1.30. Fiscal 2026 fourth quarter non-GAAP diluted net EPS estimate excludes net after-tax adjustments of approximately $0.08 per diluted share, primarily related to amortization of intangible assets, stock-based compensation expense, acquisition, disposition and other charges, and cost reduction program. Fiscal 2026 Full Year Outlook HPE is raising its FY26 revenue growth outlook range to 34% to 37%. HPE is raising revenue growth expectations for the Networking segment to 73% to 74%. HPE estimates GAAP operating profit growth range to be 1,070% to 1,105% and non-GAAP operating profit growth range between 100% to 105%(1)(3). HPE is raising both GAAP diluted net EPS to be in the range of $2.93 to $3.03 and non-GAAP diluted net EPS(1) to be in the range of $3.75 to $3.85. Fiscal 2026 non-GAAP diluted net EPS estimate excludes net after-tax adjustments of approximately $0.82 per diluted share, primarily related to amortization of intangible assets, stock-based compensation expense, acquisition, disposition and other charges, cost reduction program, and adjustments related to the sale of H3C. HPE is also raising its free cash flow(1)(2)(4) guidance and now expects free cash flow to be at least $3.75 billion. Fiscal 2027 Outlook Framework The company is raising its growth framework for FY27. HPE is raising its revenue growth outlook range to 13% to 17%. HPE is raising expectations for non-GAAP diluted net EPS growth to be in the range of 16% to 20%(1)(4). HPE estimates non-GAAP operating margin rate to be in the range of 14% to 15%(1)(4). HPE is also raising its free cash flow guidance and now expects free cash flow to be at least $5.0 billion(1)(2)(4). | 1 | | A description of HPE’s use of non-GAAP financial information is provided below under “Use of non-GAAP financial information and key performance metrics.” | | | | | | 2 | | Free cash flow represents cash flow from operations, less net capital expenditures (investments in property, plant & equipment (“PP&E”) and software assets less proceeds from the sale of PP&E), and adjusted for the effect of exchange rate fluctuations on cash, cash equivalents, and restricted cash. | | | | | | 3 | | FY26 non-GAAP operating profit excludes costs of approximately $2.5 billion primarily related to amortization of intangible assets, stock-based compensation expense, acquisition, disposition and other charges, and cost reduction program. | | | | | | 4 | | HPE provides certain guidance on a non-GAAP basis. In reliance on the exception provided by Item 10(e)(1)(i)(B) of Regulation S-K, Hewlett Packard Enterprise is unable to provide a reconciliation to the most directly comparable GAAP financial measure without unreasonable efforts, as the Company cannot predict some elements that are included in such directly comparable GAAP financial measure. These elements could have a material impact on the Company’s reported GAAP results for the guidance period. Refer to the discussion of non-GAAP financial measures below for more information. | To supplement Hewlett Packard Enterprise’s condensed consolidated financial statement information presented on a generally accepted accounting principles (“GAAP”) basis, Hewlett Packard Enterprise provides financial measures, non-GAAP gross profit, non-GAAP gross profit margin, non-GAAP operating profit (non-GAAP earnings from operations), non-GAAP operating profit margin (non-GAAP earnings from operations as a percentage of net revenue), non-GAAP income tax rate, non-GAAP net earnings attributable to HPE and non-GAAP net earnings attributable to common stockholders, non-GAAP diluted net earnings per share attributable to common stockholders, and free cash flow (“FCF”). Hewlett Packard Enterprise also provides forecasts of non-GAAP operating profit growth, non-GAAP diluted net earnings per share, and FCF. Reconciliations of each of these non-GAAP financial measures to their most directly comparable GAAP measures for this quarter and prior periods are included in the tables below or elsewhere in the materials accompanying this news release. In addition an explanation of the ways in which Hewlett Packard Enterprise’s management uses these non-GAAP measures to evaluate its business, the substance behind Hewlett Packard Enterprise’s decision to use these non-GAAP measures, the material limitations associated with the use of these non-GAAP measures, the manner in which Hewlett Packard Enterprise’s management compensates for those limitations, and the substantive reasons why Hewlett Packard Enterprise’s management believes that these non-GAAP measures provide supplemental useful information to investors is included further below. This additional non-GAAP financial information is not meant to be considered in isolation or as a substitute for revenue, gross profit, gross profit margin, operating profit (earnings from operations), operating profit margin (earnings from operations as a percentage of net revenue), net earnings, diluted net earnings (loss) per share (“EPS”), and cash flow from operations prepared in accordance with GAAP. Forward-looking statements This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such statements involve risks, uncertainties, and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the results of Hewlett Packard Enterprise Company and its consolidated subsidiaries (“Hewlett Packard Enterprise”) may differ materially from those expressed or implied by such forward-looking statements and assumptions. The words “believe”, “expect”, “anticipate”, “guide”, “optimistic”, “intend”, “aim”, “will”, “estimates”, “may”, “likely”, “could”, “should” and similar expressions are intended to identify such forward-looking statements. All statements other than statements of historical fact are statements that could be deemed forward-looking statements, including but not limited to any statements regarding the ongoing integration of Juniper Networks, Inc., and any projections, estimates, or expectations of savings or synergy realizations in connection therewith; any projections, estimations, or expectations of addressable markets and their sizes, revenue (including annualized revenue run-rat