Hewlett Packard Enterprise (HPE) Operating Margin (2015 - 2026)
Hewlett Packard Enterprise's (HPE) quarterly Operating Margin came in at 11.41% in Q3 2026, up 870.0% year-over-year from 1.18% in Q3 2025, and up 63.04% quarter-over-quarter from 7.0% in Q2 2026.
Analysis
Hewlett Packard Enterprise (HPE) Operating Margin (2015 - 2026) Analysis & Trends
Hewlett Packard Enterprise has disclosed Operating Margin across 12 years of filings, most recently posting 11.41% for Q3 2026.
- In Q3 2026, Operating Margin rose 870.0% year-over-year to 11.41%; the TTM figure through Jul 2026 stood at 6.21% (up 542.0% YoY), while the FY2025 annual figure was 1.27%, down 854.0% from the prior year.
- Operating Margin came in at 11.41% for Q3 2026 at Hewlett Packard Enterprise, up from 7.0% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 11.41% in Q3 2026 to a low of 14.54% in Q2 2025.
- Average Operating Margin over 5 years is 4.56%, with a median of 6.7% recorded in 2022.
- Year-over-year, Operating Margin sank 2044 bps in 2025 and jumped 2154 bps in 2026.
- Over 5 years, Operating Margin stood at 4.31% in 2022, then surged by 260 bps to 6.9% in 2023, then rose by 19 bps to 8.19% in 2024, then plunged by 101 bps to 0.08% in 2025, then soared by 13900 bps to 11.41% in 2026.
- Per Business Quant data, the three most recent Operating Margin figures were 11.41% in Q3 2026, 7.0% in Q2 2026, and 5.05% in Q1 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 340.03 Bn | 328.45 Bn | 7.78 Bn | 8.34% |
| 2 | Sandisk | 254.04 Bn | 249.28 Bn | 7.58 Bn | 78.49% |
| 3 | Arista Networks | 244.37 Bn | 231.03 Bn | 1.91 Bn | 45.39% |
| 4 | Seagate Technology Holdings | 192.61 Bn | 190.91 Bn | 1.90 Bn | 42.96% |
| 5 | Western Digital | 168.75 Bn | 167.17 Bn | 2.03 Bn | 41.71% |
| 6 | Hewlett Packard Enterprise | 69.08 Bn | 62.86 Bn | 4.93 Bn | 11.41% |
| 7 | NetApp | 36.45 Bn | 32.88 Bn | 1.42 Bn | 23.90% |
| 8 | Everpure | 33.13 Bn | 32.12 Bn | 811.39 Mn | 5.33% |
| 9 | Super Micro Computer | 26.01 Bn | 18.48 Bn | 1.94 Bn | 13.38% |
| 10 | Penguin Solutions | 2.65 Bn | 2.41 Bn | 133.21 Mn | 10.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 11.41% |
| Apr 30, 2026 | 7.00% |
| 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% |
| Jul 31, 2021 | 4.09% |