Hewlett Packard Enterprise (HPE) Operating Margin (2015 - 2026)
Hewlett Packard Enterprise (HPE) reported Operating Margin of 5.05% for Q1 2026, down 46.0% on a YoY basis from 9.36% in Q1 2025, and up 6213.76% sequentially from 0.08% in Q4 2025.
Hewlett Packard Enterprise (HPE) Operating Margin (2015 - 2026) Analysis & Trends
Hewlett Packard Enterprise (HPE) has 12 years of Operating Margin data on file, last reported at 5.05% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 46.0% year-over-year to 5.05%; the trailing twelve-month figure through Jan 2026 stood at 1.12% (down 784.0% YoY), and the FY2025 full-year result was 1.27%, down 854.0% from the prior year.
- Operating Margin improved to 5.05% in Q1 2026, from 0.08% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 8.19% in Q4 2024 to a low of 14.54% in Q2 2025.
- A 5-year average of 4.01% and a median of 6.44% in 2022 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin soared 1120 bps in 2023 and plunged 2044 bps in 2025, its largest moves.
- Tracing HPE's Operating Margin over 5 years: stood at 4.31% in 2022, then jumped by 260 bps to 6.9% in 2023, then increased by 19 bps to 8.19% in 2024, then tumbled by 101 bps to 0.08% in 2025, then jumped by 6214 bps to 5.05% in 2026.
- Business Quant data shows HPE's Operating Margin at 5.05% in Q1 2026, 0.08% in Q4 2025, and 2.7% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 449.42 Bn | 432.78 Bn | 10.08 Bn | 25.00% |
| 2 | Motorola Solutions | 70.39 Bn | 69.50 Bn | 1.36 Bn | 19.34% |
| 3 | Hewlett Packard Enterprise | 62.76 Bn | 57.92 Bn | 9.10 Bn | 5.05% |
| 4 | Ciena | 51.97 Bn | 50.67 Bn | 625.52 Mn | 13.27% |
| 5 | Lumentum Holdings | 50.32 Bn | 47.14 Bn | 357.00 Mn | 21.59% |
| 6 | Nokia | 48.69 Bn | 41.38 Bn | 9.86 Bn | -2,316.67% |
| 7 | Ubiquiti | 32.20 Bn | 31.83 Bn | 370.71 Mn | 36.90% |
| 8 | Ericsson Lm Telephone | 31.80 Bn | 26.12 Bn | 2.53 Bn | 11.23% |
| 9 | AST SpaceMobile | 16.64 Bn | 16.64 Bn | 3.67 Mn | -1,089.07% |
| 10 | Zebra Technologies | 12.87 Bn | 12.75 Bn | 742.00 Mn | 14.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 5.05% |
| Oct 31, 2025 | -0.08% |
| Jul 31, 2025 | 2.70% |
| Apr 30, 2025 | -14.54% |
| Jan 31, 2025 | 5.51% |
| Oct 31, 2024 | 8.19% |
| Jul 31, 2024 | 7.09% |
| Apr 30, 2024 | 5.90% |
| Jan 31, 2024 | 7.77% |
| Oct 31, 2023 | 6.90% |
| Jul 31, 2023 | 6.73% |
| Apr 30, 2023 | 7.46% |
| Jan 31, 2023 | 7.57% |
| Oct 31, 2022 | -4.31% |
| Jul 31, 2022 | 6.70% |
| Apr 30, 2022 | 3.08% |
| Jan 31, 2022 | 6.44% |
| Oct 31, 2021 | 4.76% |
| Jul 31, 2021 | 4.09% |
| Apr 30, 2021 | 4.15% |