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