Hewlett Packard Enterprise (HPE) Gross Margin (2015 - 2026)
Hewlett Packard Enterprise (HPE) reported Gross Margin of 97.81% for Q1 2026, up 6836.0% on a YoY basis from 1.41% in Q1 2025, and down 47.28% sequentially from 185.54% in Q4 2025.
Hewlett Packard Enterprise (HPE) Gross Margin (2015 - 2026) Analysis & Trends
Hewlett Packard Enterprise (HPE) has 12 years of Gross Margin data on file, last reported at 97.81% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 6836.0% year-over-year to 97.81%; the trailing twelve-month figure through Jan 2026 stood at 107.32% (up 2662.0% YoY), and the FY2025 full-year result was 89.43%, down 793.0% from the prior year.
- Gross Margin fell to 97.81% in Q1 2026, from 185.54% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 210.65% in Q4 2023 to a low of 58.19% in Q4 2022.
- A 5-year average of 79.87% and a median of 62.35% in 2024 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 13695 bps in 2022 and jumped 26884 bps in 2023, its largest moves.
- Tracing HPE's Gross Margin over 5 years: stood at 58.19% in 2022, then surged by 462 bps to 210.65% in 2023, then declined by 29 bps to 150.09% in 2024, then increased by 24 bps to 185.54% in 2025, then tumbled by 47 bps to 97.81% in 2026.
- Business Quant data shows HPE's Gross Margin at 97.81% in Q1 2026, 185.54% in Q4 2025, and 79.98% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 446.66 Bn | 430.02 Bn | 10.08 Bn | 63.63% |
| 2 | Motorola Solutions | 70.01 Bn | 69.12 Bn | 1.36 Bn | 50.18% |
| 3 | Hewlett Packard Enterprise | 62.28 Bn | 57.44 Bn | 9.10 Bn | 97.81% |
| 4 | Ciena | 51.75 Bn | 50.45 Bn | 625.52 Mn | 43.83% |
| 5 | Lumentum Holdings | 50.16 Bn | 46.99 Bn | 357.00 Mn | 44.16% |
| 6 | Nokia | 48.47 Bn | 41.16 Bn | 9.86 Bn | 144,416.67% |
| 7 | Ubiquiti | 31.83 Bn | 31.46 Bn | 370.71 Mn | 47.03% |
| 8 | Ericsson Lm Telephone | 31.68 Bn | 26.00 Bn | 2.53 Bn | 45.78% |
| 9 | AST SpaceMobile | 16.48 Bn | 16.48 Bn | 3.67 Mn | 24.92% |
| 10 | Zebra Technologies | 12.92 Bn | 12.80 Bn | 742.00 Mn | 49.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 97.81% |
| Oct 31, 2025 | 185.54% |
| Jul 31, 2025 | 79.98% |
| Apr 30, 2025 | 52.39% |
| Jan 31, 2025 | 29.45% |
| Oct 31, 2024 | 150.09% |
| Jul 31, 2024 | 77.85% |
| Apr 30, 2024 | 58.12% |
| Jan 31, 2024 | 62.35% |
| Oct 31, 2023 | 210.65% |
| Jul 31, 2023 | 60.81% |
| Apr 30, 2023 | 60.73% |
| Jan 31, 2023 | 55.69% |
| Oct 31, 2022 | -58.19% |
| Jul 31, 2022 | 77.92% |
| Apr 30, 2022 | 99.91% |
| Jan 31, 2022 | 56.67% |
| Oct 31, 2021 | 78.76% |
| Jul 31, 2021 | 77.44% |
| Apr 30, 2021 | 76.27% |