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Hewlett Packard Enterprise HPE

US equityMarket cap rank #192Communication Equipment5GCloud Computing
$63.47
+$1.14 (+1.83%)
Market open · Sep 24, 1:10 pm ET
After hours $62.31 -0.03%
Open$61.00
Prev close$62.33
Day range$60.55 – $63.83
Volume8.63M
Market cap$84.25B
P/E (TTM)32.7
Dividend yield0.88%

Fundamentals

Latest reported quarter: Q3, ended Jul 2026

Revenue$12.21B+33.7% YoY
Operating profit$1.46B+242.1% YoY
Net profit$1.54B+404.9% YoY
Diluted EPS$1.06+404.8% YoY
Free cash flow$896.00M+22.9% YoY
Operating cash flow$1.64B

Revenue, last 8 quarters

$8.5BOct '24$7.9BJan '25$7.6BApr '25$9.1BJul '25$9.7BOct '25$9.3BJan '26$10.7BApr '26$12.2BJul '26

Net profit, last 8 quarters

$1.4BOct '24$627.0MJan '25$-1.1BApr '25$305.0MJul '25$175.0MOct '25$452.0MJan '26$624.0MApr '26$1.5BJul '26

Diluted EPS by quarter

0.99Oct '240.44Jan '25-0.82Apr '250.21Jul '250.11Oct '250.31Jan '260.44Apr '261.06Jul '26

Free cash flow by quarter

$1.4BOct '24$-918.0MJan '25$-1.0BApr '25$729.0MJul '25$1.8BOct '25$609.0MJan '26$827.0MApr '26$896.0MJul '26

Annual revenue

$27.0BFY20$27.8BFY21$28.5BFY22$29.1BFY23$30.1BFY24$34.3BFY25

Profitability & balance sheet

Gross margin36.7%
Operating margin7.8%
Net margin6.4%
Return on equity10.5%
Return on assets3.3%
Return on invested capital5.6%
Current ratio1.11
Liabilities / assets68.2%
Cash & investments$6.22B
Total debt$20.24B
Net cash (debt)-$14.03B
Free cash flow / sales9.9%

Where the revenue comes from

Quarter 2026/Q3

By business line

  • Cloud & Artificial Intelligence (AI)$9.04B 74.0%
  • Networking$2.89B 23.7%
  • Corporate Investments and Other$278.00M 2.3%

Income statement

Line item 2026 Q3 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4
Total Revenue as Reported $12.21B $10.68B $9.30B $34.30B $9.68B
Total Operating Revenue $12.21B $10.68B $9.30B $34.30B $9.68B
Cost of Revenue $7.31B $6.78B $5.96B $23.92B $6.44B
Gross Profit $4.90B $3.90B $3.34B $10.38B $3.24B
Operating Expense $3.44B $3.08B $2.75B $8.73B $2.83B
Selling and Admin Expenses $1.96B $1.83B $1.70B $5.70B $1.64B
Research & Development $1.16B $922.00M $744.00M $2.52B $881.00M
Depreciation & Amortization & Depletion $315.00M $323.00M $311.00M $511.00M $310.00M
-Depreciation & Amortization $315.00M $323.00M $311.00M $511.00M $310.00M
Operating Profit $1.46B $825.00M $587.00M $1.64B $408.00M
Net Non-Operating Interest Income (Expense) -$75.00M -$73.00M -$54.00M -$175.00M -$261.00M
Total Other Finance Costs $75.00M $73.00M $54.00M $175.00M $261.00M
Other Income (Expense) $373.00M -$53.00M -$100.00M -$1.75B -$408.00M
Earnings from Equity Interest $0.00 $25.00M $17.00M $79.00M $5.00M
Special Income (Charges) $373.00M -$78.00M -$117.00M -$1.83B -$413.00M
-Less:Restructuring and Mergern & Acquisition $71.00M $78.00M $117.00M $460.00M $156.00M
-Less:Impairment of Capital Assets $0.00 $0.00 $1.62B $260.00M
-Gain on Sale Of Business $444.00M $0.00 $0.00 $248.00M $3.00M
Pretax Profit $1.76B $699.00M $433.00M -$285.00M -$261.00M
Tax $222.00M $75.00M -$19.00M -$342.00M -$436.00M
Net Profit $1.54B $624.00M $452.00M $57.00M $175.00M
Profit from Continuing Operations $1.54B $624.00M $452.00M $57.00M $175.00M
Net Income to Parent Company $1.54B $624.00M $452.00M $57.00M $175.00M
Preferred Stock Dividends $29.00M $29.00M $29.00M $116.00M $29.00M
Net Income to Common Stockholders $1.51B $595.00M $423.00M -$59.00M $146.00M
Basic EPS $1.13 $0.45 $0.32 -$0.04 $0.11
Diluted EPS $1.06 $0.44 $0.31 -$0.04 $0.11
Dividend Per Share $0.14 $0.14 $0.14 $0.52 $0.13

Balance sheet

Line item 2026 Q3 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4
Total Assets $83.60B $79.51B $75.77B $75.91B $75.91B
Total Current Assets $33.87B $29.36B $25.20B $24.99B $24.99B
Cash and Cash Equivalents & Short-Term Investments $6.22B $5.29B $4.84B $5.77B $5.77B
-Cash and Cash Equivalents $6.22B $5.29B $4.84B $5.77B $5.77B
Receivables $10.03B $9.98B $8.77B $9.12B $9.12B
-Accounts Receivable $5.82B $5.92B $4.58B $4.92B $4.92B
-Other Receivables $4.22B $4.09B $4.21B $4.22B $4.22B
-Receivables Adjustments Allowances -$16.00M -$24.00M -$24.00M -$22.00M -$22.00M
Inventory $11.82B $9.03B $6.91B $6.35B $6.35B
Other Current Assets $5.80B $5.05B $4.68B $3.75B $3.75B
Total Non-Current Assets $49.73B $50.15B $50.57B $50.91B $50.91B
Net PPE $5.65B $5.60B $5.91B $7.54B $7.54B
-Gross PPE $12.44B $12.37B $12.71B $14.17B $14.17B
-Accumulated Depreciation -$6.79B -$6.77B -$6.80B -$6.63B -$6.63B
Investments and Advances $0.00 $916.00M $924.00M $955.00M $955.00M
-Long Term Equity Investment $0.00 $916.00M $924.00M $955.00M $955.00M
Goodwill and Other Intangible Assets $29.45B $29.65B $29.93B $30.14B $30.14B
-Goodwill $23.91B $23.83B $23.83B $23.77B $23.77B
-Other Intangible Assets $5.55B $5.82B $6.10B $6.37B $6.37B
Other Non-Current Assets $14.63B $13.99B $13.80B $1.54B $1.54B
Total Liabilities $57.02B $54.16B $50.93B $51.15B $51.15B
Total Current Liabilities $30.44B $26.98B $24.36B $24.64B $24.64B
Payables $13.73B $11.70B $8.75B $9.13B $9.13B
-Accounts Payable $13.73B $11.31B $8.38B $7.73B $7.73B
Current Accrued Expenses $5.36B $4.69B $4.84B $2.74B $2.74B
Short-Term Debt and Capital Lease Obligation $2.90B $3.01B $3.91B $4.93B $4.93B
-Current Debt $2.90B $3.01B $3.91B $4.61B $4.61B
Current Deferred Liabilities $5.56B $5.62B $5.48B $5.97B $5.97B
Total Non-Current Liabilities $26.58B $27.18B $26.58B $26.51B $26.51B
Long Term Debt and Capital Lease Obligation $17.34B $18.24B $17.71B $19.15B $19.15B
-Long Term Debt $17.34B $18.24B $17.71B $17.76B $17.76B
Other Non-Current Liabilities $9.24B $8.95B $8.87B $791.00M $791.00M
Total Equity $26.58B $25.35B $24.83B $24.75B $24.75B
Stockholders' Equity $26.51B $25.29B $24.77B $24.69B $24.69B
Capital Stock $13.00M $13.00M $13.00M $13.00M $13.00M
-Common Stock $13.00M $13.00M $13.00M $13.00M $13.00M
-Preferred Stock $0.00 $0.00 $0.00 $0.00 $0.00
Additional Paid-In Capital $30.15B $30.21B $30.13B $30.23B $30.23B
Retained Earnings -$948.00M -$2.21B -$2.59B -$2.81B -$2.81B
Gains/Losses Not Affecting Retained Earnings -$2.70B -$2.72B -$2.77B -$2.75B -$2.75B
Minority Interests $62.00M $61.00M $60.00M $66.00M $66.00M
-Total Tax Payable $387.00M $375.00M $1.38B $1.38B
Non Current Accounts Receivables $5.72B $5.72B
Non-Current Prepaid Assets $2.07B $2.07B
Non-Current Deferred Assets $2.95B $2.95B
-Other Payable $16.00M $16.00M
-Current Capital Lease Obligation $316.00M $316.00M
Long Term Accounts Payable and Other Payables $183.00M $183.00M
-Long Term Capital Lease Obligation $1.40B $1.40B
Non-Current Deferred Liabilities $5.45B $5.45B
Employee Benefits $930.00M $930.00M

Cash flow

Line item 2026 Q3 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4
Operating Cash Flow $1.64B $1.41B $1.18B $2.92B $2.47B
Net cash flow from continuing operations $1.64B $1.41B $1.18B $2.92B $2.47B
Net Income from Continuing Operations $1.54B $624.00M $452.00M $57.00M $175.00M
Gain/Loss from Continuing Operations -$444.00M -$25.00M -$17.00M -$191.00M $31.00M
Depreciation & Depletion & Amortization $864.00M $877.00M $872.00M $2.74B $877.00M
Deferred Tax -$47.00M -$115.00M -$151.00M -$565.00M -$491.00M
Other Non-Cash Items $92.00M $107.00M $77.00M $784.00M $493.00M
Change in Working Capital -$725.00M -$545.00M -$383.00M -$2.71B $723.00M
-Change in Receivables -$405.00M -$1.16B $344.00M -$853.00M $280.00M
-Change in Inventory -$2.89B -$2.50B -$458.00M $1.78B $398.00M
-Change in Payables and Accrued Expense $2.17B $3.12B $582.00M -$3.73B -$1.13B
-Change In Other Working Capital $400.00M -$4.00M -$851.00M $89.00M $1.18B
Net cash flow from investing $798.00M -$200.00M -$793.00M -$13.19B $424.00M
Net Cash Flow from Continuing Investing Activities $798.00M -$200.00M -$793.00M -$13.19B $424.00M
Net PPE Purchase and Sale -$653.00M -$453.00M -$503.00M -$1.91B -$515.00M
Net Business Purchase and Sale $1.36B $0.00 $0.00 -$12.07B $0.00
Net Investment Purchase and Sale $4.00M $3.00M -$2.00M $973.00M $885.00M
Net Other Investing Changes $90.00M $250.00M -$288.00M -$183.00M $54.00M
Financing Cash Flow -$1.49B -$739.00M -$1.35B $1.05B -$1.70B
Net Cash Flow from Continuing Financing Activities -$1.49B -$739.00M -$1.35B $1.05B -$1.70B
Net Issuance Payments Of Debt -$977.00M -$357.00M -$794.00M $2.34B -$1.34B
Net Common Stock Issuance -$135.00M -$154.00M -$158.00M -$202.00M -$100.00M
Cash Dividends Paid -$218.00M -$218.00M -$219.00M -$796.00M -$200.00M
Proceeds from Stock Option Exercised -$155.00M -$10.00M -$173.00M -$289.00M -$60.00M
Net Other Financing Charges $0.00 $0.00 -$8.00M -$10.00M -$2.00M
Ending Cash Balance $6.28B $5.35B $4.93B $5.86B $5.86B
Net Change in Cash $954.00M $471.00M -$967.00M -$9.23B $1.19B
Beginning Cash Balance $5.35B $4.93B $5.86B $15.11B $4.70B
Effect of Exchange Rate Changes -$30.00M -$42.00M $33.00M -$21.00M -$30.00M
Free Cash Flow $896.00M $827.00M $609.00M $627.00M $1.82B
Net Preferred Stock Issuance $0.00
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