HPE Q2 2024 Earnings — Hewlett Packard Enterprise Company Revenue & Financial Results | Market Cap Arena

HPEHewlett Packard Enterprise Company

$29B

Q2 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$7.2B+2.7% YoY

Gross Profit

$2.3B31.8% margin

Operating Income

$482M6.7% margin

Net Income

$314M4.4% margin

EPS (Diluted)

$0.24

QoQ Revenue Growth

+6.7%

Cash Flow

Operating Cash Flow

$1.1B

Free Cash Flow

$533M

Stock-Based Comp.

$120M

Balance Sheet

Total Assets

$59.7B

Total Liabilities

$38.0B

Stockholders' Equity

$21.7B

Cash & Equivalents

$2.7B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$7.2B	$7.0B	+2.7%
Gross Profit	$2.3B	$2.5B	-7.2%
Operating Income	$482M	$625M	-22.9%
Net Income	$314M	$418M	-24.9%

Revenue Segments

Server Segment

$3.8B53%

Hybrid Cloud

$1.2B17%

Intelligent Edge

$1.1B15%

Financial Services

$867M12%

Corporate Investments

$252M3%

Geographic Segments

Americas

$3.1B44%

EMEA

$2.5B34%

Asia Pacific and Japan

$1.6B22%