HPE: networking business to reach $11.3B by fiscal 2026

A year after closing the Juniper acquisition, HPE told investors its combined networking business will grow from $9.3 billion in fiscal 2024 to about $11.3 billion in fiscal 2026, with operating profit rising from $1.6 billion to $2.5 billion. HPE also announced a $1.2 billion order from Vultr for its first Helios racks.

• Networking revenue: from $9.3B (FY2024) to $11.3B (FY2026)
• Operating profit to grow from $1.6B to $2.5B
• Vultr placed a $1.2B order, the first for Helios racks
• Juniper deal savings raised from $450M to $800M annually