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