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| Date | Value |
|---|---|
| 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 |