Hewlett Packard Enterprise (HPE-PC) Operating Expenses (2015 - 2026)

Hewlett Packard Enterprise (HPE-PC) posted Operating Expenses of $8.8 billion for Q1 2026, down 8.84% sequentially from $9.7 billion in Q4 2025, and up 19.0% YoY from $7.4 billion in Q1 2025.

Hewlett Packard Enterprise (HPE-PC) Operating Expenses (2015 - 2026) Analysis & Trends

Hewlett Packard Enterprise (HPE-PC) has 12 years of Operating Expenses data on file, last reported at $8.8 billion in Q1 2026.

  • Quarterly Operating Expenses rose 19.0% year-over-year to $8.8 billion in Q1 2026, while the trailing twelve-month figure through Jan 2026 was $36.1 billion (up 24.08% YoY) and the FY2025 annual result came in at $34.7 billion, up 24.33% from the prior year.
  • Operating Expenses declined to $8.8 billion in Q1 2026 per HPE-PC's latest filing, from $9.7 billion in the prior quarter.
  • The five-year high for Operating Expenses was $9.7 billion in Q4 2025, with the low at $6.2 billion in Q1 2024.
  • Average Operating Expenses over 5 years is $7.4 billion, with a median of $7.2 billion recorded in 2024.
  • Year-over-year, Operating Expenses dropped 16.64% in 2023 and grew 28.87% in 2025.
  • Hewlett Packard Enterprise's Operating Expenses stood at $8.2 billion in 2022, then slipped by 16.64% to $6.8 billion in 2023, then advanced by 13.46% to $7.8 billion in 2024, then advanced by 24.75% to $9.7 billion in 2025, then retreated by 8.84% to $8.8 billion in 2026.
  • Business Quant data shows HPE-PC's Operating Expenses at $8.8 billion in Q1 2026, $9.7 billion in Q4 2025, and $8.9 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Cisco Systems 462.42 Bn 445.78 Bn 10.08 Bn 6.12 Bn
2 Motorola Solutions 69.49 Bn 68.62 Bn 1.36 Bn 691.00 Mn
3 Ciena 65.56 Bn 64.26 Bn 625.52 Mn 436.11 Mn
4 Hewlett Packard Enterprise 58.64 Bn 53.80 Bn 8.25 Bn 8.83 Bn
5 Lumentum Holdings 57.28 Bn 54.11 Bn 357.00 Mn 182.50 Mn
6 Ubiquiti 32.41 Bn 32.04 Bn 370.71 Mn 79.89 Mn
7 AST SpaceMobile 25.03 Bn 25.61 Bn -69.36 Mn 164.15 Mn
8 Viasat 11.19 Bn 9.51 Bn 615.36 Mn 295.67 Mn
9 Viavi Solutions 10.92 Bn 10.91 Bn 234.10 Mn 209.30 Mn
10 Hewlett Packard Enterprise - - 8.25 Bn 8.83 Bn

Historic Data

Download Data
DateValue
Jan 31, 2026 8.83 Bn
Oct 31, 2025 9.69 Bn
Jul 31, 2025 8.89 Bn
Apr 30, 2025 8.74 Bn
Jan 31, 2025 7.42 Bn
Oct 31, 2024 7.77 Bn
Jul 31, 2024 7.16 Bn
Apr 30, 2024 6.78 Bn
Jan 31, 2024 6.23 Bn
Oct 31, 2023 6.84 Bn
Jul 31, 2023 6.53 Bn
Apr 30, 2023 6.45 Bn
Jan 31, 2023 7.22 Bn
Oct 31, 2022 8.21 Bn
Jul 31, 2022 6.49 Bn
Apr 30, 2022 6.51 Bn
Jan 31, 2022 6.51 Bn
Oct 31, 2021 7.00 Bn
Jul 31, 2021 6.62 Bn
Apr 30, 2021 6.42 Bn