HPE Q1 2024 Earnings — Hewlett Packard Enterprise Company Revenue & Financial Results | Market Cap Arena

HPEHewlett Packard Enterprise Company

$29B

Q1 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$6.7B-13.2% YoY

Gross Profit

$2.4B35.1% margin

Operating Income

$564M8.4% margin

Net Income

$387M5.7% margin

EPS (Diluted)

$0.29

QoQ Revenue Growth

-8.2%

Cash Flow

Operating Cash Flow

$64M

Free Cash Flow

-$592M

Stock-Based Comp.

$141M

Balance Sheet

Total Assets

$58.6B

Total Liabilities

$37.1B

Stockholders' Equity

$21.4B

Cash & Equivalents

$3.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$6.7B	$7.8B	-13.2%
Gross Profit	$2.4B	$2.5B	-6.8%
Operating Income	$564M	$655M	-13.9%
Net Income	$387M	$501M	-22.8%

Revenue Segments

Server Segment

$3.2B48%

Hybrid Cloud

$1.2B18%

Intelligent Edge

$1.2B18%

Financial Services

$872M13%

Corporate Investments

$238M4%

Geographic Segments

Americas

$2.8B41%

EMEA

$2.4B36%

Asia Pacific and Japan

$1.5B23%