Hewlett Packard Enterprise (HPE) Cost of Revenue (2015 - 2026)
Hewlett Packard Enterprise's (HPE) quarterly Cost of Revenue came in at $7.3 billion in Q3 2026, up 13.7% year-over-year from $6.4 billion in Q3 2025, and up 8.08% quarter-over-quarter from $6.7 billion in Q2 2026.
Analysis
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 $7.3 billion for Q3 2026.
- In Q3 2026, Cost of Revenue rose 13.7% year-over-year to $7.3 billion; the TTM figure through Jul 2026 stood at $26.5 billion (down 9.14% YoY), while the FY2025 annual figure was $23.9 billion, up 14.85% from the prior year.
- Cost of Revenue came in at $7.3 billion for Q3 2026 at Hewlett Packard Enterprise, up from $6.7 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $11.8 billion in Q4 2024 to a low of $2.5 billion in Q1 2024.
- Average Cost of Revenue over 5 years is $5.1 billion, with a median of $3.6 billion recorded in 2022.
- Year-over-year, Cost of Revenue surged 185.11% in 2023 and sank 44.55% in 2025.
- Over 5 years, Cost of Revenue stood at $3.6 billion in 2022, then jumped by 185.11% to $10.4 billion in 2023, then advanced by 13.37% to $11.8 billion in 2024, then slumped by 44.55% to $6.5 billion in 2025, then increased by 11.46% to $7.3 billion in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $7.3 billion in Q3 2026, $6.7 billion in Q2 2026, and $5.9 billion in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 362.97 Bn | 351.40 Bn | 9.83 Bn | 37.14 Bn |
| 2 | Arista Networks | 251.55 Bn | 238.20 Bn | 1.91 Bn | 1.13 Bn |
| 3 | Sandisk | 238.47 Bn | 233.71 Bn | 7.58 Bn | 1.38 Bn |
| 4 | Seagate Technology Holdings | 188.28 Bn | 186.57 Bn | 1.90 Bn | 1.73 Bn |
| 5 | Western Digital | 161.43 Bn | 159.85 Bn | 2.03 Bn | 1.72 Bn |
| 6 | Hewlett Packard Enterprise | 82.45 Bn | 76.23 Bn | 4.93 Bn | 7.29 Bn |
| 7 | NetApp | 39.14 Bn | 35.57 Bn | 1.42 Bn | 606.00 Mn |
| 8 | Everpure | 32.71 Bn | 31.71 Bn | 811.39 Mn | 374.51 Mn |
| 9 | Super Micro Computer | 26.34 Bn | 18.82 Bn | 1.94 Bn | 9.18 Bn |
| 10 | Penguin Solutions | 2.62 Bn | 2.38 Bn | 133.21 Mn | 345.50 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 7.29 Bn |
| Apr 30, 2026 | 6.74 Bn |
| Jan 31, 2026 | 5.90 Bn |
| Oct 31, 2025 | 6.54 Bn |
| Jul 31, 2025 | 6.41 Bn |
| Apr 30, 2025 | 5.39 Bn |
| Jan 31, 2025 | 5.54 Bn |
| Oct 31, 2024 | 11.79 Bn |
| Jul 31, 2024 | 3.44 Bn |
| Apr 30, 2024 | 3.02 Bn |
| Jan 31, 2024 | 2.54 Bn |
| Oct 31, 2023 | 10.40 Bn |
| Jul 31, 2023 | 2.74 Bn |
| Apr 30, 2023 | 2.74 Bn |
| Jan 31, 2023 | 3.46 Bn |
| Oct 31, 2022 | 3.65 Bn |
| Jul 31, 2022 | 2.97 Bn |
| Apr 30, 2022 | 2.83 Bn |
| Jan 31, 2022 | 3.02 Bn |
| Oct 31, 2021 | 3.33 Bn |