Hitachi Vantara reports strong Q1 FY2026 revenue growth

Hitachi Vantara reported strong revenue growth for the first quarter of fiscal year 2026, covering the period from April 1 to June 30. Total revenue increased by 12% year-over-year, while global product sales rose by 31%. Notably, Hitachi Vantara storage sales saw a significant jump of 45%.

The growth is attributed to rising demand for the ‘Hitachi Virtual Storage Platform One (VSP One)’ portfolio as enterprises modernize mission-critical infrastructure and expand AI utilization. Within the block storage portfolio, high-end and mid-range storage sales grew by 54% and 43% respectively, leading to a 49% increase in total block storage revenue.

Geographically, block storage sales in the United States increased by 24%. Product sales saw even higher growth in other regions, including a 73% increase in Europe, the Middle East, and Africa, and a 52% increase in the Asia-Pacific region.