Hewlett Packard Enterprise (HPE) Cost of Revenue (2015 - 2026)
Hewlett Packard Enterprise (HPE) posted Cost of Revenue of $204.0 million for Q1 2026, up 102.46% sequentially from -$8.3 billion in Q4 2025, and down 96.32% YoY from $5.5 billion in Q1 2025.
Hewlett Packard Enterprise (HPE) Cost of Revenue (2015 - 2026) Analysis & Trends
Hewlett Packard Enterprise has reported Cost of Revenue for 12 years, with the latest figure at $204.0 million in Q1 2026.
- Quarterly Cost of Revenue fell 96.32% year-over-year to $204.0 million in Q1 2026, while the trailing twelve-month figure through Jan 2026 was -$2.6 billion (down 143.37% YoY) and the FY2025 annual result came in at $3.6 billion, up 355.85% from the prior year.
- Cost of Revenue improved to $204.0 million in Q1 2026 per HPE's latest filing, from -$8.3 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $12.5 billion in Q4 2022 and troughed at -$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.
- The widest YoY moves for Cost of Revenue: up 45533.33% in 2023, down 165.33% in 2023.
- Over 5 years, Cost of Revenue stood at $12.5 billion in 2022, then sank by 165.33% to -$8.1 billion in 2023, then jumped by 47.91% to -$4.2 billion in 2024, then tumbled by 95.4% to -$8.3 billion in 2025, then soared by 102.46% to $204.0 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $204.0 million, -$8.3 billion, and $1.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 438.65 Bn | 422.01 Bn | 10.08 Bn | 5.76 Bn |
| 2 | Motorola Solutions | 79.89 Bn | 79.18 Bn | 1.68 Bn | 1.46 Bn |
| 3 | Hewlett Packard Enterprise | 71.34 Bn | 66.04 Bn | 3.94 Bn | 6.74 Bn |
| 4 | Lumentum Holdings | 64.72 Bn | 61.98 Bn | 477.30 Mn | 509.80 Mn |
| 5 | Ciena | 56.27 Bn | 55.07 Bn | 691.55 Mn | 879.19 Mn |
| 6 | Nokia | 55.13 Bn | 48.38 Bn | 10.09 Bn | -10.08 Bn |
| 7 | Ericsson Lm Telephone | 33.91 Bn | 28.75 Bn | 2.58 Bn | 3.05 Bn |
| 8 | Ubiquiti | 33.46 Bn | 33.09 Bn | 370.71 Mn | 417.49 Mn |
| 9 | AST SpaceMobile | 20.56 Bn | 20.56 Bn | 9.12 Mn | 22.40 Mn |
| 10 | Zebra Technologies | 17.64 Bn | 17.49 Bn | 825.00 Mn | 732.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 6.74 Bn |
| Apr 30, 2026 | 6.74 Bn |
| 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 |