Hewlett Packard Enterprise

What Hewlett Packard Enterprise does

Hewlett Packard Enterprise (HPE) is a publicly traded enterprise IT infrastructure company (NYSE: HPE) headquartered in Spring, Texas, that designs, sells, and supports compute, storage, networking, and software products spanning edge-to-cloud environments. Its product portfolio is anchored by HPE GreenLake, a unified consumption-based hybrid cloud platform that reached $2.1 billion in annualized recurring revenue in Q2 FY2026, and is layered with HPE ProLiant and HPE Cray compute, HPE Alletra storage, HPE Aruba and Juniper networking, HPE Private Cloud AI (co-engineered with NVIDIA), and software platforms such as HPE Morpheus, HPE OpsRamp, Mist AI, and Marvis AI. HPE's acquisition of Juniper Networks for $14 billion in July 2025 transformed its networking business, which generated $2.7 billion in Q2 FY2026 revenue (148% YoY) and now contributes approximately 30% of total revenue and roughly half of operating profit.

HPE makes money through a mix of direct enterprise hardware sales, consumption-based GreenLake subscriptions, software licensing (Aruba Central, Mist, Morpheus, OpsRamp), HPE Financial Services leasing and asset lifecycle financing, professional and managed services, and indirect channel sales through a global partner program. The company also monetizes its AI infrastructure portfolio through NVIDIA-powered Private Cloud AI deployments, HPE AI Grid distributed inference, and HPE Cray supercomputing systems, including sovereign AI deployments such as the HammerHAI system for the European Union AI Factory. Pricing is primarily quote-based for hardware and services, with GreenLake offering monthly usage-based billing and free trials for selected platforms.

HPE serves enterprise, mid-market, public sector, and SMB customers globally across more than 50 countries through direct field sales, a multi-tier channel partner program, online stores, OEM and embedded integrations, and event-driven go-to-market anchored by HPE Discover. The company reported Q2 FY2026 revenue of $10.68 billion (40% YoY growth), raised full-year FY2026 revenue growth guidance to 29-33%, and held a record $5.9 billion AI backlog. Strategic capital allocation includes the recent divestiture of its remaining H3C Technologies stake for approximately $1.357 billion in May 2026.

Name

Hewlett Packard Enterprise

Legal name

Hewlett Packard Enterprise Company

Website

https://hpe.com

Company type

Public

Founded year

2015

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Hewlett Packard Enterprise (NYSE: HPE) is a global edge-to-cloud infrastructure provider selling servers, storage, networking, and software through its HPE GreenLake consumption platform to enterprise, public sector, and SMB customers across more than 50 countries.

Ownership category

akta.pro rank

Product category

Enterprise IT Infrastructure

NAICS

Electronic Computer Manufacturing (334111), Computer and Peripheral Equipment Manufacturing (33411), Computer Systems Design and Related Services (5415), Computer Facilities Management Services (541513), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Other Computer Related Services (541519)

SIC

Electronic Computers (3571), Computer Communications Equipment (3576), Services-Computer Programming, Data Processing, Etc. (7370), Computer Storage Devices (3572), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

AI/HPC Converged Systems (Hybrid Training/Simulation) (HDACAOAD)

akta.pro secondary industries

End-to-End Enterprise AI Platforms (MLOps & Model Lifecycle Management) (HDAEANAA), HPC Clusters & Scale-Out Compute (x86/ARM) (HDACAOAB), Hyperconverged Infrastructure (HCI) Appliances (HDACABAD), AI Observability, Monitoring & Evaluation Platforms (Drift, Quality, Safety) (HDAEANAF), HPC / AI-Optimized Data Center Facilities (HDABACAJ)

Keywords

• Enterprise hybrid cloud
• AI infrastructure systems
• Data center networking
• Enterprise storage arrays
• Supercomputing solutions

Headquarters

HQ city

Spring

HQ country

United States

HQ region

North America

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. HPE GreenLake (subscription / consumption-based): As-a-service platform allowing customers to pay monthly consumption-based fees for on-premises compute, storage, networking, and AI infrastructure. GreenLake annualized recurring revenue crossed $2.1 billion for the first time in Q2 FY2026.
2. Hardware sales (servers, storage, networking): Direct sales of HPE ProLiant servers, HPE Alletra storage, HPE Cray supercomputers, HPE Aruba and Juniper networking switches/routers/firewalls, and related hardware. Server segment generated $5.5 billion in Q2 FY2026 (32.7% YoY growth); networking reached $2.7 billion (148% YoY).
3. HPE Financial Services (leasing/loans/asset lifecycle): Lease, loan, and other financial services including resale and asset upcycling. Operated under HPE Financial Services and used by customers to finance IT lifecycle purchases.
4. HPE Services (advisory, managed, support, education): Advisory and professional services, managed services (e.g., remote infrastructure monitoring), support services, and education/training. Includes HPE Complete Care Service launched to simplify AI-driven IT operations.
5. Software licensing (HPE Morpheus, OpsRamp, Aruba Central, Mist): Licensing of proprietary software platforms including HPE Morpheus Software, HPE OpsRamp Software, HPE Aruba Networking Central, Mist AI, and Marvis AI, sold standalone and bundled with hardware/services.
6. Channel/Partner revenue (resale & distribution): Indirect sales through authorized partners, resellers, distributors, and system integrators purchasing from HPE for resale to end customers under the HPE Partner Ready Vantage and GreenLake for Partners programs.
7. AI infrastructure & networking hardware revenue: Revenue from AI-optimized servers, GPU-accelerated systems (NVIDIA Blackwell and Rubin-based), private 5G (Athonet) and Juniper networking gear. Cloud and AI revenue jumped 23% to $7.7 billion in Q2 FY2026; AI server backlog hit a record $5.9 billion.

Pricing tiers

Go-to-market motion5 records

Core offering

Hewlett Packard Enterprise (HPE) sells enterprise IT infrastructure and as-a-service platforms spanning servers (HPE ProLiant, HPE Nonstop, HPE Cray supercomputers), storage (HPE Alletra MP B10000 and X10000), networking (HPE Aruba and HPE Juniper portfolios), and the unified HPE GreenLake cloud operating platform. It also delivers AI factories co-engineered with NVIDIA (HPE Private Cloud AI, HPE AI Grid), software for orchestration and AIOps (Morpheus, OpsRamp, Apstra, Mist AI, Marvis AI), and services including financial services, managed services, and Complete Care support.

Product overview

Hewlett Packard Enterprise operates a platform-plus-modules architecture anchored by HPE GreenLake, the unified cloud operating platform that delivers infrastructure, platform, and operational services across on-premises, colocation, and edge environments. Layered on top of GreenLake are distinct compute, storage, and networking product families including HPE ProLiant Compute, HPE Nonstop Compute, HPE Cray Supercomputing, HPE Alletra Storage MP (B10000 and X10000), HPE Aruba Networking (Central, EdgeConnect SD-WAN, Unified SASE, CX Switches, Access Points), and the acquired HPE Juniper Networking portfolio (PTX, QFX, SRX, EX, MX series). AI-specific offerings include HPE Private Cloud AI (co-engineered with NVIDIA), the newly announced HPE AI Grid for distributed inference, HPE Sovereign AI Factory, and AI Mod POD. Software and management modules delivered through GreenLake include HPE Morpheus Software, HPE OpsRamp Software, HPE Compute Ops Management, Apstra Data Center Director, Mist AI, Marvis AI, GreenLake Intelligence, and InfrastructureSentinel. Adjacent professional and support services include HPE Complete Care Service and the HPE Unleash AI partner program.

Differentiator

Problem solved

Functional benefit

Brands

• HPE Aruba Networking: Networking portfolio (Wi-Fi, switching, SD-WAN, NAC) following the Aruba Networks acquisition.
• HPE Juniper Networking
• HPE GreenLake
• HPE Cray Supercomputing
• HPE ProLiant Compute
• HPE Alletra Storage
• HPE Morpheus Software
• HPE Private Cloud AI
• HPE Nonstop Compute
• HPE OpsRamp Software
• HPE Networking Instant On
• HPE AI Grid
• HPE Complete Care Service

Products and services

• HPE GreenLake Unified cloud operating platform delivering infrastructure, platform, and operational services on-premises and at the edge with consumption-based pricing for compute, storage, networking, and AI workloads. Serves enterprise IT and operations teams.
• HPE Private Cloud AI Turnkey private AI factory co-engineered with NVIDIA that integrates NVIDIA GPUs, NVIDIA AI Enterprise software, and HPE Private Cloud to deliver generative AI and inference workloads for enterprises and regulated industries.
• HPE AI Grid Distributed AI infrastructure fabric that aggregates data center and edge GPU capacity for shared, low-latency inference and training across operator networks and enterprise locations.
• HPE ProLiant Compute Industry-standard x86 server family (Gen10/Gen11/Gen12) serving as the foundational compute platform for hybrid cloud, AI, and traditional enterprise workloads.
• HPE Cray Supercomputing Exascale-class high-performance computing systems for scientific research, national laboratories, and large-scale simulation workloads.
• HPE Alletra Storage MP B10000 Block-optimized mission-critical storage array within the Alletra MP portfolio delivered via HPE GreenLake with AI-driven management.
• HPE Alletra Storage MP X10000 NVIDIA-Certified object storage platform purpose-built for AI and high-performance data pipelines, supporting GPU-direct access for generative AI and analytics workloads.
• HPE Aruba Networking Central Cloud-native network management platform for unified orchestration of WLAN, switching, SD-WAN, and SASE across campus, branch, and data center environments.
• HPE Juniper Networking Networking portfolio (PTX/QFX/EX/MX routers and switches, SRX firewalls) integrated with Aruba Central via Mist AI, providing high-performance, lossless AI data center networking.
• HPE Aruba Networking CX Switches Campus and data center switches with AOS-CX operating system and AI-driven telemetry for wired networking deployments.
• HPE Networking Instant On Small business networking product line of Wi-Fi access points and switches targeted at SMB customers.
• HPE Morpheus Software Enterprise orchestration and self-service portal for hybrid cloud enabling developers and operators to provision and govern infrastructure across multiple clouds and on-premises platforms.
• Apstra Data Center Director Intent-based data center fabric management software providing full lifecycle automation and AI-driven validation across multi-vendor data center networks.
• HPE Complete Care Service Integrated support service providing hardware, software, and GreenLake cloud service coverage with proactive incident management and global response capabilities.
• HPE Financial Services IT asset financing, leasing, loan, resale, and asset upcycling services used by customers to finance enterprise IT lifecycle purchases.
• HPE Managed Services Advisory and professional services, managed services (e.g., remote infrastructure monitoring), support services, and education/training delivered to enterprise IT customers.

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability14 records

Feature13 records

Scale indicators18 records

Recent moves7 records

Expansion highlights6 records

Others

• NVIDIA: Strategic partner and enabling technology provider whose GPUs, networking (Spectrum-X, InfiniBand), and AI Enterprise software stack are foundational to HPE Private Cloud AI and AI Grid. NVIDIA is also a potential competitor via its DGX systems and direct hyperscaler relationships.

Direct peers

• Lenovo: Direct competitor in x86 servers (ThinkSystem), storage (ThinkAgile HCI), and increasingly in HPC and AI infrastructure (Lenovo ThinkEdge, Neptune liquid cooling). Strong overlap with HPE in hyperscale-inspired rack-scale systems and TruScale as-a-service.
• Cisco Systems: Primary competitor in enterprise networking following HPE's Juniper acquisition. Cisco's Catalyst, Nexus, and Meraki portfolios overlap directly with HPE Aruba + Juniper (MX, QFX, PTX, EX), and both companies compete in AI data-center networking, SASE, and SD-WAN.
• Dell Technologies: Closest direct competitor across HPE's core server, storage, and AI infrastructure portfolio. Dell's PowerEdge XE9680, PowerStore, and PowerScale compete head-to-head with HPE ProLiant AI servers, Alletra storage, and the GreenLake consumption model in enterprise and HPC segments.

Broad incumbents

• Oracle: Cloud infrastructure and database incumbent overlapping with HPE in hybrid cloud (Oracle Cloud@Customer competes with GreenLake), Exadata competes with Alletra, and Oracle's recent AI cloud investments create competitive overlap in enterprise AI infrastructure.
• IBM: Long-standing enterprise IT incumbent with overlapping hybrid cloud, mainframe, and AI offerings (IBM Cloud, watsonx, Red Hat OpenShift). Competes with HPE in managed services, mission-critical compute, and increasingly in AI infrastructure for regulated industries.

Emerging players

• Pure Storage: All-flash storage specialist competing with HPE Alletra MP B10000 and X10000, particularly for AI data pipelines and high-performance enterprise workloads. Pure's Evergreen subscription model mirrors HPE GreenLake's recurring-revenue approach.
• Super Micro Computer: Fast-growing AI server specialist whose GPU-dense rack systems compete directly with HPE Private Cloud AI and ProLiant Gen12 AI servers. Supermicro's liquid-cooled, NVIDIA Blackwell-based offerings have gained share rapidly in AI training clusters.
• Arista Networks: High-growth data-center networking specialist whose Etherlink platforms compete directly with HPE Juniper QFX/PTX in AI fabric and cloud-scale spine-leaf deployments. Strong threat in hyperscaler and large-enterprise switching, where Arista's EOS and latency advantages are pronounced.

Regional players

• Huawei: Dominant infrastructure competitor across Asia-Pacific and EMEA, with overlapping compute (FusionServer), storage (OceanStor), and networking portfolios. Geopolitical restrictions limit direct US overlap but Huawei competes aggressively in markets where HPE's recent H3C exit reduces local presence.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

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Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries8 records

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A30 records

Investments42 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hewlett Packard Enterprise