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
DateValue
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