Hewlett Packard Enterprise (HPE) Cost of Revenue (2015 - 2026)
Hewlett Packard Enterprise (HPE) reported Cost of Revenue of $204.0 million for Q1 2026, down 96.32% on a YoY basis from $5.5 billion in Q1 2025, and up 102.46% sequentially from -$8.3 billion in Q4 2025.
Hewlett Packard Enterprise (HPE) Cost of Revenue (2015 - 2026) Analysis & Trends
Hewlett Packard Enterprise (HPE) has 12 years of Cost of Revenue data on file, last reported at $204.0 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue fell 96.32% year-over-year to $204.0 million; the trailing twelve-month figure through Jan 2026 stood at -$2.6 billion (down 143.37% YoY), and the FY2025 full-year result was $3.6 billion, up 355.85% from the prior year.
- Cost of Revenue improved to $204.0 million in Q1 2026, from -$8.3 billion in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $12.5 billion in Q4 2022 to a low of -$8.3 billion in Q4 2025.
- A 5-year average of $1.4 billion and a median of $2.5 billion in 2024 frame the typical range for Cost of Revenue.
- Peak annual rise in Cost of Revenue reached 45533.33% in 2023, while the deepest fall reached 165.33% in 2023.
- Tracing HPE's Cost of Revenue over 5 years: stood at $12.5 billion in 2022, then slumped by 165.33% to -$8.1 billion in 2023, then jumped by 47.91% to -$4.2 billion in 2024, then plunged by 95.4% to -$8.3 billion in 2025, then soared by 102.46% to $204.0 million in 2026.
- Business Quant data shows HPE's Cost of Revenue at $204.0 million in Q1 2026, -$8.3 billion in Q4 2025, and $1.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 453.08 Bn | 436.44 Bn | 10.08 Bn | 5.76 Bn |
| 2 | Motorola Solutions | 70.40 Bn | 69.51 Bn | 1.36 Bn | 1.35 Bn |
| 3 | Hewlett Packard Enterprise | 64.04 Bn | 59.20 Bn | 9.10 Bn | 204.00 Mn |
| 4 | Ciena | 53.20 Bn | 51.90 Bn | 625.52 Mn | 801.52 Mn |
| 5 | Lumentum Holdings | 51.31 Bn | 48.14 Bn | 357.00 Mn | 432.10 Mn |
| 6 | Nokia | 49.83 Bn | 42.52 Bn | 9.86 Bn | -9.85 Bn |
| 7 | Ubiquiti | 32.53 Bn | 32.16 Bn | 370.71 Mn | 417.49 Mn |
| 8 | Ericsson Lm Telephone | 32.22 Bn | 26.54 Bn | 2.53 Bn | 3.00 Bn |
| 9 | AST SpaceMobile | 16.80 Bn | 16.80 Bn | 3.67 Mn | 11.06 Mn |
| 10 | Zebra Technologies | 13.05 Bn | 12.94 Bn | 742.00 Mn | 753.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 204.00 Mn |
| Jan 31, 2026 | 204.00 Mn |
| Oct 31, 2025 | -8.28 Bn |
| Oct 31, 2025 | -8.28 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 | 5.54 Bn |
| Jan 31, 2025 | 5.54 Bn |
| Oct 31, 2024 | -4.24 Bn |
| Oct 31, 2024 | -4.24 Bn |
| Jul 31, 2024 | 1.71 Bn |
| Jul 31, 2024 | 1.71 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 | -8.13 Bn |
| Oct 31, 2023 | -8.13 Bn |