Hewlett Packard Enterprise (HPE) Cost of Revenue (2015 - 2026)

Hewlett Packard Enterprise's (HPE) quarterly Cost of Revenue came in at $1.0 billion in Q1 2026, down 78.78% year-on-year from $4.9 billion in Q1 2025, and up 144.73% quarter-over-quarter from -$2.3 billion in Q4 2025.

Hewlett Packard Enterprise (HPE) Cost of Revenue (2015 - 2026) Analysis & Trends

Hewlett Packard Enterprise has disclosed Cost of Revenue across 12 years of filings, most recently posting $1.0 billion for Q1 2026.

  • Cost of Revenue for Q1 2026 came in at $1.0 billion, down 78.78% year-over-year; the trailing twelve-month figure through Jan 2026 was $4.2 billion (down 84.66% YoY), and the FY2025 annual result was $2.9 billion, down 86.26% from the prior year.
  • Cost of Revenue came in at $1.0 billion for Q1 2026 at Hewlett Packard Enterprise, up from -$2.3 billion in the prior quarter.
  • In the past five years, Cost of Revenue ranged from a high of $15.8 billion in Q4 2024 to a low of -$2.6 billion in Q4 2022.
  • The 5-year median for Cost of Revenue is $1.8 billion (2025), against an average of $2.4 billion.
  • Across the five-year window, Cost of Revenue tumbled 266.39% in 2022 and surged 1098.35% in 2024, its largest moves.
  • Hewlett Packard Enterprise's Cost of Revenue stood at -$2.6 billion in 2022, then soared by 39.28% to -$1.6 billion in 2023, then soared by 1098.35% to $15.8 billion in 2024, then slumped by 114.89% to -$2.3 billion in 2025, then soared by 144.73% to $1.0 billion in 2026.
  • The last three Cost of Revenue figures came in at $1.0 billion (Q1 2026), -$2.3 billion (Q4 2025), and $1.8 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 5.76 Bn
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 148.87 Mn
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 1.35 Bn
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 1.05 Bn
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 432.10 Mn
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 417.49 Mn
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn 84.10 Mn
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 6.35 Mn
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 189.00 Mn
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn 172.70 Mn

Historic Data

Download Data
DateValue
Jan 31, 2026 1.05 Bn
Jan 31, 2026 1.05 Bn
Oct 31, 2025 -2.35 Bn
Oct 31, 2025 -2.35 Bn
Jul 31, 2025 1.83 Bn
Jul 31, 2025 1.83 Bn
Apr 30, 2025 3.63 Bn
Apr 30, 2025 3.63 Bn
Jan 31, 2025 4.94 Bn
Jan 31, 2025 4.94 Bn
Oct 31, 2024 15.75 Bn
Oct 31, 2024 15.75 Bn
Jul 31, 2024 3.44 Bn
Jul 31, 2024 3.44 Bn
Apr 30, 2024 3.02 Bn
Apr 30, 2024 3.02 Bn
Jan 31, 2024 2.54 Bn
Jan 31, 2024 2.54 Bn
Oct 31, 2023 -1.58 Bn
Oct 31, 2023 -1.58 Bn