HPE on NYSE

Hewlett Packard Enterprise

Logo: Hewlett Packard Enterprise Company, Public domain, via Wikimedia Commons5

American information technology company

The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas. It is a business-focused organization which works in servers, storage, networking, AI, containerization software and consulting and support.3 From Wikipedia, CC BY-SA 4.0

$58.83 down 4.28 (6.78%)Price as of Oct 15, 2026 at 19:45 UTC

Last updated Oct 16, 2026.

Overview

$34.3BRevenue, fiscal 20256
$57.0MNet income, fiscal 20256
Nov 1, 2015Founded1

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  • TickerHPE on NYSE1
  • Industrycomputer hardware industry, information and communications industry, information technology industry, software industry1
  • HeadquartersSpring1
  • Founded inPalo Alto1
  • Websitewww.hpe.com
  • Legal formpublic company1
  • Incorporated inDE7
  • Business address1701 E Mossy Oaks Road, Spring, Tx 773897
  • Filer categoryLarge accelerated filer7
HPE headquarters
Photo: CC0, via Wikimedia Commons9

The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas. It is a business-focused organization which works in servers, storage, networking, AI, containerization software and consulting and support. HPE was ranked No. 107 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-1.3%Operating margin6
0.2%Net margin6
13.8%Revenue growth, 20256
0.2%Return on equity6
0.88×Debt to equity6

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 65% of the revenue Hewlett Packard Enterprise broke down this way in fiscal 2025.

  1. Product$22.0B665%up 18% from 2024
  2. Service$11.6B635%up 6% from 2024
Products and services by year
Products and services202320242025
Product$18.1B$18.6B$22.0B
Service$10.5B$10.9B$11.6B

Business segments

Server brought in 52% of the revenue Hewlett Packard Enterprise broke down this way in fiscal 2025.

  1. Server$17.7B652%up 10% from 2024
  2. Networking$6.8B620%up 52% from 2024
  3. Hybrid Cloud$5.5B616%up 5% from 2024
  4. Financial Services$3.5B610%down 0% from 2024
  5. Corporate Segment and Other Operating$769.0M62%down 24% from 2024
Business segments by year
Business segments202320242025
Server$14.3B$16.1B$17.7B
Networking$5.4B$4.5B$6.8B
Hybrid Cloud$5.5B$5.3B$5.5B
Financial Services$3.5B$3.5B$3.5B
Corporate Segment and Other Operating$985.0M$1.0B$769.0M

Regions

United States brought in 39% of the revenue Hewlett Packard Enterprise broke down this way in fiscal 2025.

  1. United States$13.4B639%up 23% from 2024
  2. EMEA$11.5B634%up 13% from 2024
  3. Asia Pacific and Japan$6.9B620%up 4% from 2024
  4. Americas Excluding United States$2.4B67%up 4% from 2024
Regions by year
Regions202320242025
United States$10.4B$10.9B$13.4B
EMEA$10.2B$10.2B$11.5B
Asia Pacific and Japan$6.4B$6.7B$6.9B
Americas Excluding United States$2.2B$2.3B$2.4B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Research and development7¢$2.5B
  • Selling, general and admin17¢$5.7B
  • Other costs72¢$24.6B
  • Interest3¢$1.1B
  • Income tax1¢$342.0M
  • Profit0¢$57.0M

Out of $34.3B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid23¢$684.0M
  • Share buybacks7¢$202.0M
  • Kept or used elsewhere70¢$2.0B

Out of $2.9B of cash from operations.6

Financial statements

Revenue10111213146$34.3B in 2025+11% since 2018
0$10.0B$20.0B$30.0B$40.0B2018: $30.9B$30.9B20182019: $29.1B$29.1B2019−6%2020: $27.0B$27.0B2020−7%2021: $27.8B$27.8B2021+3%2022: $28.5B$28.5B2022+3%2023: $29.1B$29.1B2023+2%2024: $30.1B$30.1B2024+3%2025: $34.3B$34.3B2025+14%
Operating income10111213146-$437.0M in 2025
-$1.0B0$1.0B$2.0B$3.0B2018: $1.7B$1.7B20182019: $1.3B$1.3B2019−27%2020: -$329.0M-$329.0M20202021: $1.1B$1.1B20212022: $782.0M$782.0M2022−31%2023: $2.1B$2.1B2023+167%2024: $2.2B$2.2B2024+5%2025: -$437.0M-$437.0M2025
Net income10111213146$57.0M in 2025−97% since 2018
-$1.0B0$1.0B$2.0B$3.0B$4.0B2018: $1.9B$1.9B20182019: $1.0B$1.0B2019−45%2020: -$322.0M-$322.0M20202021: $3.4B$3.4B20212022: $868.0M$868.0M2022−75%2023: $2.0B$2.0B2023+133%2024: $2.6B$2.6B2024+27%2025: $57.0M$57.0M2025−98%

Every line of the income statement in the latest annual report, as filed.6

Period ending2025-10-312024-10-312023-10-31
Financing income$767.0M$668.0M$547.0M
Total net revenue$34.3B$30.1B$29.1B
Financing cost$500.0M$495.0M$383.0M
Research and development$2.5B$2.2B$2.3B
Selling, general and administrative$5.7B$4.9B$5.2B
Amortization of intangible assets$511.0M$267.0M$288.0M
Impairment charges$1.6B$0$0
Transformation costs$2.0M$93.0M$283.0M
Acquisition, disposition and other charges$458.0M$211.0M$70.0M
Total costs and expenses$34.7B$27.9B$27.0B
(Loss) earnings from operations-$437.0M$2.2B$2.1B
Interest and other, net-$175.0M-$117.0M-$104.0M
Gain on sale of equity interest$0$733.0M$0
Gain on sale of a business$248.0M$0$0
Earnings from equity interests$79.0M$147.0M$245.0M
(Loss) earnings before provision for taxes-$285.0M$3.0B$2.2B
Benefit (provision) for taxes$342.0M-$374.0M-$205.0M
Net earnings attributable to HPE$57.0M$2.6B$2.0B
Preferred stock dividends-$116.0M-$25.0M$0
Net (loss) earnings attributable to common stockholders - Basic-$59.0M$2.6B$2.0B
Basic (in dollars per share)-$0.04$1.95$1.56
Diluted (in dollars per share)-$0.04$1.93$1.54
Basic (in shares)1.3B shares1.3B shares1.3B shares
Diluted (in shares)1.3B shares1.3B shares1.3B shares

Compare Hewlett Packard Enterprise with another company

The story

Founded by Hewlett-Packard on Nov 1, 2015, in Palo Alto.1

In May 2016, the company announced it would sell its enterprise services division to one of its competitors, Computer Sciences Corporation in a deal valued at US$8.5 billion. The merger of HPE Enterprise Services with CSC, to form a new company DXC Technology, was completed on March 10, 2017. Approximately 100,000 current HPE employees were affected. More than 30,000 services employees from other areas of the HPE business remained at HPE including technology services support and consulting as well as software professional services.

In August 2016, the company announced plans to acquire Silicon Graphics International (SGI), known for its capabilities in high performance computing. On November 1, 2016, HPE announced it completed the acquisition, for US$7.75 per share in cash, a transaction valued at approximately US$275 million, net of cash and debt.

On September 7, 2016, HPE announced a "spin-merge" with Micro Focus, who would acquire HPE's "non-core" software (which included the HP Autonomy unit), and HPE shareholders would own 50.1 percent of the merged company, which would retain its current name. The merger concluded on September 1, 2017.

In September 2016, Hewlett Packard Enterprise transferred two patents to Texas-based wholly owned shell company Plectrum LLC. These two patents were originated at 3Com Corporation, which was bought by HP in 2010, along with about 1,400 patents.

On April 11, 2017, it was reported that Synack had raised US$21 million in a round of funding that included Hewlett Packard Enterprise.

In January 2017, the company acquired data management platform SimpliVity, the developer of the OmniCube hyper-converged infrastructure appliance, for US$650M.

In April 2017, Hewlett Packard Enterprise completed its acquisition of hybrid flash and all flash manufacturer, Nimble Storage Inc, for US$1.2 billion or US$12.50 per share. In October, Reuters reported that the company had allowed a Russian defense agency to examine a cyber-defense system used by The Pentagon. The report noted: "Six former U.S. intelligence officials, as well as former ArcSight [Hewlett Packard Enterprise] employees and independent security experts, said the source code review could help Moscow discover weaknesses in the software, potentially helping attackers to blind the U.S. military to a cyber attack."

In November 2017, Meg Whitman announced that she would be stepping down as CEO, after six years at the helm of HP and HPE, stating that, on February 1, 2018, Antonio Neri would officially become HPE's president and chief executive officer. The announcement created controversy leading to a 6% drop in stock price, which quickly recovered during the next few days.

Read the full text

In June 2018, Hewlett Packard Enterprise launched a hybrid cloud service called GreenLake Hybrid Cloud, built on top of HPE's OneSphere cloud management SaaS console, offered under its brand HPE GreenLake. GreenLake is designed to provide cloud management, cost control, and compliance control capabilities, and will run on AWS and Microsoft Azure. GreenLake includes cloud data services for containers, machine learning, storage, compute, data protection and networking through a management portal called GreenLake Central.

In February 2019, Meg Whitman announced she would not be seeking re-election to the board of directors, ending her professional involvement in HPE.

In May 2019, Hewlett Packard Enterprise announced plans to acquire Cray Inc for US$35 per share. The announcement came soon after Cray had landed a US$600 million US Department of Energy contract to supply the Frontier supercomputer to Oak Ridge National Laboratory in 2021. The acquisition was completed in September 2019 in a transaction valued at approximately US$1.4 billion.

In December 2020, Hewlett Packard Enterprise disclosed it is relocating its corporate headquarters from San Jose, California, to Spring, Texas, a northern suburb of Houston. From December 2021 to April 2022, HPE headquarters was located at the former HP property and headquarters campus of Compaq in northwest Harris County near SH 249 and Louetta. Designed by architecture studio Pickard Chilton, the new Springwoods Village campus in Spring was completed in early 2022. Concerns about major flooding at the Compaq complex were a contributing factor for HPE CEO Antonio Neri to have the new campus built. The old campus had previously been flooded by Hurricane Harvey in 2017. In April 2022, HPE relocated from the Compaq complex to its recently finished Spring campus, coinciding with the sale of the former complex to Mexican beverage distributor Mexcor that month.

HPE's proposed $14 billion acquisition of Juniper Networks was subjected to an investigation by the UK's antitrust watchdog, the Competition and Markets Authority. On June 19, 2024, the Competition and Markets Authority announced that it had initiated a merger inquiry to assess potential competition concerns arising from the deal, setting an August 14, 2024 deadline to decide whether to conduct a full investigation. At the time the deal was announced, HPE had agreed to pay $40 per share in cash for Juniper. In January 2025, the US Department of Justice Antitrust Division filed an antitrust lawsuit against HPE to block its acquisition of Juniper Networks, alleging that the proposed deal would raise prices, harm competition, and reduce innovation. Following a settlement with the DOJ, in which HPE agreed to divest its Instant On wireless division and license the source code for Juniper's Mist AI (a key component of Juniper's WLAN products), the acquisition was completed on July 2, 2025. Later that month, Axios reported that the U.S. Intelligence Community had earlier directly intervened to persuade DOJ to allow the acquisition, arguing that blocking the merger would have harmed U.S. companies and strengthened Chinese competitors—particularly Huawei—framing the decision as critical to national security. In September 2025, attorneys general from 20 states voiced support of further investigation in a letter to the courts. The letter proposed that the acquisition may not be in the best interest of the public.

To help HPE with the Juniper merger, HPE hired conservative lobbyist Mike Davis to receive a favorable decision by the second Donald Trump administration. Davis had helped Trump to staff key figures in anti-trust roles in the administration, including Gail Slater, the head of the US Department of Justice Antitrust Division. According to sworn deposition by Roger Alford, a deputy in the Justice Department’s antitrust division, Davis threatened Slater unless she approved a settlement deal related to HPE’s $14 billion bid to acquire rival Juniper. Slater and her team were resistant to approving the settlement, as the proposed settlement did not alleviate anti-competition concerns. Shortly thereafter, Slater and her deputies were forced out of the Justice Department.

From Wikipedia’s article on Hewlett Packard Enterprise, shared under CC BY-SA 4.0.8

Leadership

Who has led Hewlett Packard Enterprise, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (8)

Products and brands

  • cloud computing
  • network-attached storage
  • networking hardware
  • server computer
  • storage area network
  • supercomputer

Listed on Wikidata.1

Intelligent Edge: Aruba Networks, Silver Peak Systems, FlexFabric

HPC & MCS: Apollo (High-Performance Computing), Cray

Compute: HP XP, HPE GreenLake Hybrid Cloud, Edgeline, Cloudline, Synergy, OneView, OneSphere, ProLiant, Synergy, Cloudline, Edgeline, HPE Integrity Servers, NonStop, HPE Superdome, Apollo (High-Performance Computing), Simplivity (HyperConvergence)

Storage: HPE 3PAR, StoreOnce, StoreEver, HP XP, HPE GreenLake Hybrid Cloud, HPE Alletra, HPE Primera, MSA, Nimble & Alletra dHCI

Read the full text

Communications Technology Group: OpenCall and Service Activator

From Wikipedia’s article on Hewlett Packard Enterprise, shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

  • Aruba Networks
  • Centaurus Holding
  • Cray
  • Gatriam Holding
  • HPE 3PAR
  • Hewlett Packard Enterprise Celeste
  • Hewlett-Packard
  • Hewlett-Packard The Hague
  • Nimble Storage
  • Silver Peak Systems
  • Sinope Holding
  • Zerto
  • Hewlett-Packard Japan since Nov 1, 2015

Also owns

From Wikidata.1

Acquisitions

  1. Nov 1, 2015Acquired HPE 3PAR1
  2. Nov 1, 2015Acquired Hewlett-Packard Japan1
  3. Succeeded Hewlett-Packard1

Note: Aruba Networks was acquired by the Hewlett-Packard Company before demerger and was inducted into Hewlett Packard Enterprise while demerging.

From Wikipedia’s article on Hewlett Packard Enterprise, shared under CC BY-SA 4.0.8

Employees over time

  • 201860,0001
  • 2016195,0001

Timeline

  1. Feb 1, 2018New chief executive Antonio Neri becomes CEO1
  2. Nov 1, 2015Founded Founded in Palo Alto1
  3. 2015Went public Listed on NYSE1
  4. Sep 22, 2011New chief executive Meg Whitman becomes CEO1

Recent filings

  1. Oct 7, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  2. Oct 2, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  3. Oct 2, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  4. Oct 2, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  5. Oct 2, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  6. Oct 1, 2026144/A
  7. Oct 1, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  8. Sep 30, 20268-K
  9. Sep 29, 2026144
  10. Sep 16, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  11. Sep 15, 20264 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
  12. Sep 14, 2026144
  13. Sep 11, 2026144
  14. Sep 3, 202610-Q
  15. Sep 2, 20268-K

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2