HPE

MKT CAP:$37B

Hewlett Packard Enterprise Company

Market Cap

$37B

Technology·Communication Equipment·🇺🇸 United States·NYSE

Technology·Communication·🇺🇸·NYSE

Stock Price

$28.21+$4.04 (+16.74%)

Apr 24, 2026

Company Details

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data seamlessly in the Americas, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers general purpose s...

CEO

Antonio Fabio Neri

IPO Date

Oct 19, 2015

Website

www.hpe.com

Key Metrics TTM

Revenue

$35.8B

+14.9% YoY

Net Income

-$156M

EPS (Diluted)

-$0.21

Free Cash Flow

$3.8B

Revenue / Share

$26.39

Gross Margin

30.7%

Operating Margin

5.8%

Net Margin

-0.4%

FCF Margin

10.6%

P/S

1.0x

P/E

—

Earnings Reports

Q1 2026

Mar 10, 2026

$9.3B+19.1%EPS $0.31

FY 2025

Dec 18, 2025

$34.3B+14.1%EPS -$0.04

Q4 2025

Dec 18, 2025

$9.7B+14.3%EPS $0.11

Q3 2025

Sep 4, 2025

$9.2B+19.9%EPS $0.19

Q2 2025

Jun 4, 2025

$7.6B+5.7%EPS -$0.82

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$6.7B	$2.1B	$382M
Q3 22	$6.8B	$2.2B	$471M
Q4 22	$7.7B	$2.4B	$591M
Q1 23	$7.8B	$2.5B	$655M
Q2 23	$7.0B	$2.5B	$625M
Q3 23	$7.0B	$2.5B	$574M
Q4 23	$7.3B	$2.5B	$560M
Q1 24	$6.7B	$2.4B	$564M
Q2 24	$7.2B	$2.3B	$482M
Q3 24	$7.7B	$2.3B	$566M
Q4 24	$8.5B	$2.6B	$823M
Q1 25	$7.8B	$2.2B	$470M
Q2 25	$7.6B	$2.1B	$255M
Q3 25	$9.2B	$2.6B	$494M
Q4 25	$9.7B	$2.9B	$425M
Q1 26	$9.3B	$3.3B	$898M

Valuation

Quarter	P/S	P/E
Q2 22	0.7x	5.4x
Q3 22	0.7x	5.0x
Q4 22	0.7x	21.3x
Q1 23	0.7x	24.3x
Q2 23	0.6x	18.3x
Q3 23	0.8x	20.9x
Q4 23	0.7x	9.8x
Q1 24	0.7x	10.8x
Q2 24	0.8x	12.5x
Q3 24	0.9x	13.7x
Q4 24	0.9x	10.0x
Q1 25	0.9x	9.6x
Q2 25	0.7x	15.0x
Q3 25	0.8x	22.1x
Q4 25	0.9x	569.5x
Q1 26	0.8x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 22	$379M	-$346M
Q3 22	$1.3B	$481M
Q4 22	$3.0B	$2.0B
Q1 23	-$829M	-$1.6B
Q2 23	$889M	$201M
Q3 23	$1.5B	$854M
Q4 23	$2.8B	$2.2B
Q1 24	$64M	-$592M
Q2 24	$1.1B	$533M
Q3 24	$1.2B	$611M
Q4 24	$2.0B	$1.4B
Q1 25	-$390M	-$918M
Q2 25	-$461M	-$1.0B
Q3 25	$1.3B	$2.4B
Q4 25	$2.5B	$1.8B
Q1 26	$1.2B	$609M

Capital Expenditures

Quarter	CapEx
Q2 22	$725M
Q3 22	$773M
Q4 22	$1.0B
Q1 23	$794M
Q2 23	$688M
Q3 23	$671M
Q4 23	$675M
Q1 24	$656M
Q2 24	$560M
Q3 24	$543M
Q4 24	$608M
Q1 25	$528M
Q2 25	$547M
Q3 25	$1.1B
Q4 25	$641M
Q1 26	$569M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	-1.2%	+1.2%
Q3 22	-1.1%	-0.4%
Q4 22	+5.4%	+4.9%
Q1 23	+12.5%	+11.1%
Q2 23	+5.1%	+1.5%
Q3 23	+2.6%	+1.2%
Q4 23	-5.0%	-5.0%
Q1 24	-13.2%	-13.2%
Q2 24	+2.7%	+5.2%
Q3 24	+9.3%	+10.3%
Q4 24	+15.7%	+13.1%
Q1 25	+16.0%	+19.0%
Q2 25	+5.7%	+9.4%
Q3 25	+19.9%	+22.5%
Q4 25	+14.3%	+21.0%
Q1 26	+19.1%	+14.5%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 22	$114M	1.7%
Q3 22	$64M	0.9%
Q4 22	$85M	1.1%
Q1 23	$140M	1.8%
Q2 23	$126M	1.8%
Q3 23	$91M	1.3%
Q4 23	$71M	1.0%
Q1 24	$141M	2.1%
Q2 24	$120M	1.7%
Q3 24	$80M	1.0%
Q4 24	$89M	1.0%
Q1 25	$154M	2.0%
Q2 25	$116M	1.5%
Q3 25	$177M	1.9%
Q4 25	$196M	2.0%
Q1 26	$216M	2.3%

OpEx Breakdown

Quarter	R&D	SG&A
Q2 22	$517M	$1.2B
Q3 22	$509M	$1.2B
Q4 22	$515M	$1.3B
Q1 23	$623M	$1.3B
Q2 23	$570M	$1.3B
Q3 23	$578M	$1.3B
Q4 23	$578M	$1.3B
Q1 24	$582M	$1.2B
Q2 24	$590M	$1.2B
Q3 24	$547M	$1.2B
Q4 24	$527M	$1.2B
Q1 25	$475M	$1.3B
Q2 25	$540M	$1.3B
Q3 25	$622M	$1.5B
Q4 25	$881M	$1.6B
Q1 26	$744M	$1.7B

Revenue Segments

Quarter	Compute Segment	Corporate Investments	Financial Services	High Performance Compute and Mission Critical Systems Segment	Intelligent Edge	Intersegment Eliminations	Storage Segment	Hybrid Cloud	Server Segment	Networking	Other Segment
Q2 22	$3.0B	$327M	$823M	$710M	$867M	-$97M	$1.1B	—	—	—	—
Q3 22	$3.0B	$300M	$817M	$830M	$941M	-$93M	$1.2B	—	—	—	—
Q4 22	$3.7B	$303M	$857M	$862M	$965M	-$158M	$1.3B	—	—	—	—
Q1 23	$3.5B	$293M	$873M	$1.1B	$1.1B	-$183M	$1.2B	—	—	—	—
Q2 23	$2.8B	$296M	$858M	$840M	$1.3B	-$129M	$1.0B	—	—	—	—
Q3 23	$2.6B	$318M	$873M	$836M	$1.4B	-$138M	$1.1B	—	—	—	—
Q1 24	—	$238M	$872M	—	$1.2B	—	—	$1.2B	$3.2B	—	—
Q2 24	—	$252M	$867M	—	$1.1B	—	—	$1.2B	$3.8B	—	—
Q3 24	—	$262M	$877M	—	$1.1B	—	—	$1.2B	$4.2B	—	—
Q4 24	—	$262M	$893M	—	$1.1B	—	—	$1.5B	$4.7B	—	—
Q1 25	—	$197M	$872M	—	$1.1B	—	—	$1.4B	$4.3B	—	—
Q2 25	—	$193M	$857M	—	$1.2B	—	—	$1.4B	$4.0B	—	—
Q3 25	—	$192M	$887M	—	—	—	—	$1.4B	$4.9B	$1.7B	—
Q1 26	—	$261M	$876M	—	—	—	$1.1B	—	$4.2B	$2.7B	$165M

Revenue by Geography

Quarter	Americas	Asia Pacific and Japan	Emea
Q2 22	$2.6B	$1.6B	$2.5B
Q3 22	$2.7B	$1.7B	$2.5B
Q4 22	$3.2B	$1.9B	$2.7B
Q1 23	$3.5B	$1.7B	$2.7B
Q2 23	$2.9B	$1.6B	$2.5B
Q3 23	$3.0B	$1.6B	$2.4B
Q4 23	$3.2B	$1.6B	$2.5B
Q1 24	$2.8B	$1.5B	$2.4B
Q2 24	$3.1B	$1.6B	$2.5B
Q3 24	$3.4B	$1.7B	$2.6B
Q4 24	$3.9B	$1.8B	$2.7B
Q1 25	$3.4B	$1.8B	$2.7B
Q2 25	$3.3B	$1.6B	$2.7B
Q3 25	$4.7B	$1.7B	$2.7B
Q4 25	$4.4B	$1.9B	$3.4B
Q1 26	$3.8B	$2.0B	$3.5B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$3.0B	$0	$3.0B
Q3 22	$3.8B	$0	$3.8B
Q4 22	$4.2B	$0	$4.2B
Q1 23	$2.5B	$0	$2.5B
Q2 23	$2.8B	$0	$2.8B
Q3 23	$2.9B	$0	$2.9B
Q4 23	$4.3B	$0	$4.3B
Q1 24	$3.8B	$0	$3.8B
Q2 24	$2.7B	$0	$2.7B
Q3 24	$3.6B	$0	$3.6B
Q4 24	$14.8B	$0	$14.8B
Q1 25	$13.4B	$0	$13.4B
Q2 25	$11.7B	$0	$11.7B
Q3 25	$4.6B	$0	$4.6B
Q4 25	$5.8B	$0	$5.8B
Q1 26	$4.8B	$0	$4.8B

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	1.33B	+0.3%	-0.2%
Q3 22	1.32B	-0.5%	-1.1%
Q4 22	1.30B	-2.0%	-2.9%
Q1 23	1.31B	+1.5%	-0.8%
Q2 23	1.32B	+0.2%	-0.8%
Q3 23	1.32B	-0.2%	-0.5%
Q4 23	1.31B	-0.1%	+1.5%
Q1 24	1.32B	+0.1%	+0.1%
Q2 24	1.32B	+0.7%	+0.5%
Q3 24	1.33B	+0.5%	+1.2%
Q4 24	1.34B	+0.4%	+1.7%
Q1 25	1.41B	+5.4%	+7.1%
Q2 25	1.32B	-6.2%	-0.2%
Q3 25	1.42B	+7.5%	+6.7%
Q4 25	1.32B	-6.8%	-1.0%
Q1 26	1.36B	+2.4%	-3.8%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$110.2K	60K
Q3 22	$113.2K	60K
Q4 22	$128.2K	60K
Q1 23	$128.9K	60K
Q2 23	$116.2K	60K
Q3 23	$116.6K	60K
Q4 23	$118.3K	62K
Q1 24	$108.6K	62K
Q2 24	$115.8K	62K
Q3 24	$123.8K	62K
Q4 24	$139.0K	61K
Q1 25	$128.0K	61K
Q2 25	$124.4K	61K
Q3 25	$150.9K	61K
Q4 25	$144.7K	67K
Q1 26	$138.8K	67K

Revenue / Employee