HPE CEO Antonio Neri on FY26 guidance, company strategic priorities and growth outlook

Financial Performance & Guidance - HPE issued lower guidance for the next fiscal year [1] - HPE projects above $35 billion of free cash flow by fiscal year 2028 [6] - HPE anticipates operating profit expansion between 11% and 17% over the next three years [6] - HPE announced a 10% increase in dividends [7] - HPE's revenue is expected to grow between 17% and 23% on a reported basis [5][8] - HPE expects operating profit to expand between 10% and 18% [8] Strategic Focus & Investments - HPE is shifting its business to higher growth and higher margin areas, focusing on cloud and artificial intelligence [1] - HPE's strategy revolves around three pillars: networking, cloud, and AI [11] - HPE is increasing share buyback authorization by $3 billion, bringing the total to $37 billion [13][15] - HPE plans to pay down $4 billion of debt to return to two times I Evita leverage [15] - More than 60% of HPE's operating profit is expected to come from the networking business [10]