Hewlett Packard Enterprise (HPE) Gross Margin (2015 - 2026)

Hewlett Packard Enterprise's (HPE) quarterly Gross Margin came in at 88.72% in Q1 2026, up 5167.0% year-on-year from 1.68% in Q1 2025, and down 28.58% quarter-over-quarter from 124.23% in Q4 2025.

Hewlett Packard Enterprise (HPE) Gross Margin (2015 - 2026) Analysis & Trends

Hewlett Packard Enterprise has disclosed Gross Margin across 12 years of filings, most recently posting 88.72% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 88.72%, up 5167.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 88.35% (up 7531.0% YoY), and the FY2025 annual result was 91.67%, up 6067.0% from the prior year.
  • Gross Margin came in at 88.72% for Q1 2026 at Hewlett Packard Enterprise, down from 124.23% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 133.02% in Q4 2022 to a low of 86.26% in Q4 2024.
  • The 5-year median for Gross Margin is 76.58% (2023), against an average of 68.03%.
  • Across the five-year window, Gross Margin slumped 20773 bps in 2024 and surged 21049 bps in 2025, its largest moves.
  • Hewlett Packard Enterprise's Gross Margin stood at 133.02% in 2022, then retreated by 9 bps to 121.47% in 2023, then tumbled by 171 bps to 86.26% in 2024, then soared by 244 bps to 124.23% in 2025, then dropped by 29 bps to 88.72% in 2026.
  • The last three Gross Margin figures came in at 88.72% (Q1 2026), 124.23% (Q4 2025), and 79.98% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Cisco Systems 480.96 Bn 464.32 Bn 10.08 Bn 63.63%
2 Ciena 69.17 Bn 67.87 Bn 625.52 Mn 43.83%
3 Motorola Solutions 68.03 Bn 67.17 Bn 1.36 Bn 50.18%
4 Hewlett Packard Enterprise 65.63 Bn 60.79 Bn 8.25 Bn 88.72%
5 Lumentum Holdings 61.32 Bn 58.15 Bn 357.00 Mn 44.16%
6 Ubiquiti 34.34 Bn 33.97 Bn 370.71 Mn 47.03%
7 AST SpaceMobile 27.21 Bn 27.79 Bn -69.36 Mn -470.73%
8 Applied Optoelectronics 13.45 Bn 13.01 Bn 43.92 Mn 29.06%
9 Zebra Technologies 11.38 Bn 11.26 Bn 742.00 Mn 49.63%
10 Viavi Solutions 10.76 Bn 10.75 Bn 234.10 Mn 57.55%

Historic Data

Download Data
DateValue
Jan 31, 2026 88.72%
Oct 31, 2025 124.23%
Jul 31, 2025 79.98%
Apr 30, 2025 52.39%
Jan 31, 2025 37.05%
Oct 31, 2024 -86.26%
Jul 31, 2024 55.41%
Apr 30, 2024 58.12%
Jan 31, 2024 62.35%
Oct 31, 2023 121.47%
Jul 31, 2023 60.81%
Apr 30, 2023 76.58%
Jan 31, 2023 79.34%
Oct 31, 2022 133.02%
Jul 31, 2022 77.92%
Apr 30, 2022 57.78%
Jan 31, 2022 77.66%
Oct 31, 2021 78.76%
Jul 31, 2021 77.44%
Apr 30, 2021 58.67%