Hewlett Packard Enterprise HPE
NYSE HPE
$52.01 -2.43 (-4.46%)
At close: Sep 4, 2026 · 4:00 PM EDT

Hewlett Packard Enterprise (HPE) Operating Expenses (2015 - 2026)

Hewlett Packard Enterprise's (HPE) quarterly Operating Expenses came in at $10.8 billion in Q3 2026, up 21.72% year-over-year from $8.9 billion in Q3 2025, and up 8.95% quarter-over-quarter from $9.9 billion in Q2 2026.

Analysis

Hewlett Packard Enterprise (HPE) Operating Expenses (2015 - 2026) Analysis & Trends

Hewlett Packard Enterprise has disclosed Operating Expenses across 12 years of filings, most recently posting $10.8 billion for Q3 2026.

  • In Q3 2026, Operating Expenses rose 21.72% year-over-year to $10.8 billion; the TTM figure through Jul 2026 stood at $39.3 billion (up 19.68% YoY), while the FY2025 annual figure was $34.7 billion, up 24.33% from the prior year.
  • Operating Expenses came in at $10.8 billion for Q3 2026 at Hewlett Packard Enterprise, up from $9.9 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $10.8 billion in Q3 2026 to a low of $6.2 billion in Q1 2024.
  • Average Operating Expenses over 5 years is $7.7 billion, with a median of $7.2 billion recorded in 2023.
  • Year-over-year, Operating Expenses retreated 16.64% in 2023 and gained 28.87% in 2025.
  • Over 5 years, Operating Expenses stood at $8.2 billion in 2022, then fell by 16.64% to $6.8 billion in 2023, then increased by 13.46% to $7.8 billion in 2024, then increased by 24.75% to $9.7 billion in 2025, then climbed by 11.7% to $10.8 billion in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $10.8 billion in Q3 2026, $9.9 billion in Q2 2026, and $8.8 billion in Q1 2026.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Dell Technologies 340.03 Bn 328.45 Bn 7.78 Bn 4.13 Bn
2 Sandisk 254.04 Bn 249.28 Bn 7.58 Bn 545.00 Mn
3 Arista Networks 244.37 Bn 231.03 Bn 1.91 Bn 532.30 Mn
4 Seagate Technology Holdings 192.61 Bn 190.91 Bn 1.90 Bn 2.07 Bn
5 Western Digital 168.75 Bn 167.17 Bn 2.03 Bn 465.00 Mn
6 Hewlett Packard Enterprise 69.08 Bn 62.86 Bn 4.93 Bn 10.82 Bn
7 NetApp 36.45 Bn 32.88 Bn 1.42 Bn 935.00 Mn
8 Everpure 33.13 Bn 32.12 Bn 811.39 Mn 748.23 Mn
9 Super Micro Computer 26.01 Bn 18.48 Bn 1.94 Bn 454.57 Mn
10 Penguin Solutions 2.65 Bn 2.41 Bn 133.21 Mn 82.35 Mn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 10.82 Bn
Apr 30, 2026 9.93 Bn
Jan 31, 2026 8.83 Bn
Oct 31, 2025 9.69 Bn
Jul 31, 2025 8.89 Bn
Apr 30, 2025 8.74 Bn
Jan 31, 2025 7.42 Bn
Oct 31, 2024 7.77 Bn
Jul 31, 2024 7.16 Bn
Apr 30, 2024 6.78 Bn
Jan 31, 2024 6.23 Bn
Oct 31, 2023 6.84 Bn
Jul 31, 2023 6.53 Bn
Apr 30, 2023 6.45 Bn
Jan 31, 2023 7.22 Bn
Oct 31, 2022 8.21 Bn
Jul 31, 2022 6.49 Bn
Apr 30, 2022 6.51 Bn
Jan 31, 2022 6.51 Bn
Oct 31, 2021 7.00 Bn