NYSE$HPE
Hewlett Packard Enterprise Co · Q2 2020 earnings
Q2 2020 earnings · · Investor relations
Briefing
HPE's financial performance was impacted by global economic lockdowns, but showed strategic momentum in as-a-service offerings and intelligent edge business.
Hewlett Packard Enterprise (HPE) reported Q2 2020 financial results, with a revenue of $6.0 billion. The company's performance was impacted by global economic lockdowns, but it gained traction in its as-a-service offering, HPE GreenLake, and saw growth in its Intelligent Edge business. The HPE Board of Directors approved a Cost Optimization and Prioritization Plan to prioritize investments and realign resources to areas of growth.
- Revenue was $6.0 billion with momentum in strategy to pivot to as a service.
- Annualized revenue run-rate (ARR) was $520 million, up 17% from the prior-year period.
- GAAP gross profit margin was 31.9%, down 30 basis points from the prior-year period.
- Non-GAAP diluted net EPS was $0.22, compared to $0.42 from the prior-year period.
Headline financials
Revenue & EPS history
Hewlett Packard Enterprise · Revenue · Quarterly
$6.01B
Revenue by segment
Hewlett Packard Enterprise · $126M total across 1 segment · Q4 2020
- Corporate Investments$126M—100.0%
Forward guidance
HPE withdrew fiscal year 2020 guidance due to increased uncertainty related to the COVID-19 pandemic and will not be providing fiscal year 2020 third quarter or full year guidance.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2020
-0.2%
Avg return
Earnings day
+0.5%
Avg return
5 days after
+1.0%
Avg return
30 days after
49%
23 / 47 earnings
Positive
+11.6%
Q1 2018
Best reaction
-12.0%
Q1 2025
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -5.2% | -1.1% | +13.8% | |
| Q4 2025 | +10.2% | +10.3% | +5.5% | |
| Q3 2025 | +1.4% | +4.6% | +7.1% | |
| Q2 2025 | +0.7% | +3.5% | +20.6% | |
| Q1 2025 | -12.0% | -16.0% | -28.8% | |
| Q4 2024 | +10.1% | +0.7% | +0.3% | |
| Q3 2024 | -7.5% | -7.7% | +8.2% | |
| Q2 2024 | +8.5% | +11.6% | +15.2% | |
| Q1 2024 | +4.7% | +21.8% | +19.3% | |
| Q4 2023 | +5.9% | +8.3% | +10.1% | |
| Q3 2023 | +3.4% | +7.1% | +5.0% | |
| Q2 2023 | -6.0% | -0.7% | +8.5% | |
| Q1 2023 | -1.7% | -3.4% | +2.5% | |
| Q4 2022 | +7.9% | +7.3% | +2.4% | |
| Q3 2022 | -0.9% | -3.5% | -11.7% | |
| Q2 2022 | -4.1% | -2.4% | -16.9% | |
| Q1 2022 | +6.7% | +3.1% | +5.0% | |
| Q4 2021 | -2.7% | +3.8% | +8.8% | |
| Q3 2021 | +0.9% | -2.1% | -4.7% | |
| Q2 2021 | +0.7% | +1.6% | -7.9% | |
| Q1 2021 | -0.3% | -1.4% | +7.5% | |
| Q4 2020 | +4.3% | +11.8% | +7.3% | |
| Q3 2020 | +0.5% | +2.2% | -5.1% | |
| Q2 2020 | -10.8% | -8.4% | -4.5% | |
| Q1 2020 | -4.9% | -7.0% | -27.2% | |
| Q4 2019 | -6.7% | -7.5% | -7.0% | |
| Q3 2019 | +3.3% | +6.8% | +13.1% | |
| Q2 2019 | -2.2% | -3.7% | +1.6% | |
| Q1 2019 | +1.7% | +4.7% | -4.7% | |
| Q4 2018 | +3.4% | -5.1% | -15.0% | |
| Q3 2018 | +1.6% | +0.5% | -1.0% | |
| Q2 2018 | -11.0% | -11.4% | -11.9% | |
| Q1 2018 | +11.6% | +15.8% | +8.5% | |
| Q4 2017 | -7.0% | -5.5% | +4.5% | |
| Q3 2017 | -3.8% | -8.3% | +3.6% | |
| Q2 2017 | -7.0% | -9.0% | -12.0% | |
| Q1 2017 | -7.4% | -7.9% | -8.1% | |
| Q4 2016 | +1.9% | +0.4% | +2.8% | |
| Q3 2015 | -5.3% | -4.2% | +1.1% | |
| Q3 2016 | -2.2% | -2.6% | +2.2% | |
| Q2 2016 | +7.9% | +13.6% | +22.3% | |
| Q1 2015 | +5.4% | — | — | |
| Q1 2016 | +11.0% | — | — | |
| Q4 2015 | -3.6% | — | — | |
| Q4 2014 | -3.6% | — | — | |
| Q4 2013 | -3.6% | — | — | |
| Q2 2015 | -3.6% | — | — | |
| Q3 2014 | — | — | — | |
| Q2 2014 | — | — | — | |
| Q1 2014 | — | — | — |
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