Products — Segment cost of sales
Hewlett Packard Enterprise Products — Segment cost of sales decreased by 3.7% to $4.09B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 8.7%, from $3.76B to $4.09B. Over 4 years (FY 2021 to FY 2025), Products — Segment cost of sales shows an upward trend with a 8.0% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue may signal rising component costs or supply chain inefficiencies, while a decrease relative to revenue typically indicates improved manufacturing margins or better cost management.
Detailed definition
This metric captures the direct costs associated with manufacturing, procuring, and delivering the company's physical ha...
Peer comparison
Comparable to cost of goods sold (COGS) for hardware segments in peer technology firms, reflecting the efficiency of outsourced manufacturing models and supply chain management.
hpe_segment_products_segment_cost_of_salesHistorical Data
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.77B | $2.91B | $3.33B | $3.02B | $2.83B | $2.97B | $3.65B | $3.46B | $2.74B | $2.74B | $3.02B | $2.54B | $3.02B | $3.44B | $3.96B | $3.76B | $3.63B | $4.51B | $4.25B | $4.09B |
| QoQ Change | — | +5.0% | +14.3% | -9.3% | -6.0% | +4.7% | +23.0% | -5.1% | -20.9% | +0.2% | +9.9% | -15.7% | +18.6% | +14.0% | +15.3% | -5.1% | -3.5% | +24.2% | -5.8% | -3.7% |
| YoY Change | — | — | — | — | +2.3% | +2.0% | +9.7% | +14.7% | -3.4% | -7.5% | -17.3% | -26.5% | +10.2% | +25.3% | +31.4% | +47.9% | +20.4% | +31.2% | +7.2% | +8.7% |
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Frequently Asked Questions
- What is Hewlett Packard Enterprise's products — segment cost of sales?
- Hewlett Packard Enterprise (HPE) reported products — segment cost of sales of $4.09B in Q4 2025.
- How has Hewlett Packard Enterprise's products — segment cost of sales changed year-over-year?
- Hewlett Packard Enterprise's products — segment cost of sales increased by 8.7% year-over-year, from $3.76B to $4.09B.
- What is the long-term trend for Hewlett Packard Enterprise's products — segment cost of sales?
- Over 4 years (2021 to 2025), Hewlett Packard Enterprise's products — segment cost of sales has grown at a 8.0% compound annual growth rate (CAGR), from $11.89B to $16.15B.
- What does products — segment cost of sales mean?
- The direct costs incurred to manufacture and deliver the company's physical hardware products.