Income StatementBalance SheetCash FlowSegments
Hewlett Packard Enterprise logo

Hewlett Packard Enterprise Business Segments

Business, geographic, and product segment breakdowns

Hewlett Packard Enterprise generates $35.7B in annual revenue across 4 key segments: Campus & Branch ($1.2B), Corporate Investments and Other ($840.0M), Data Center Networking ($444.0M), and Financial Services ($3.5B). The company-wide operating margin is -1.12%. Based on the Q4 2025 filing.

Campus & Branch$1.2BCorporate Investments and Other (TTM)$840.0MData Center Networking$444.0MFinancial Services (TTM)$3.5BOther$165.0MRouting$780.0MSecurity$255.0MServer Segment (TTM)$17.7B
Latest FilingQ4 2025
Report Date2026-03-10
Market Cap$42.6B

Products & Services

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Revenue$2.8B$2.7B$2.7B$2.9B$3.3B$3.2B
Segment cost of sales$1.8B$1.7B$1.7B$1.8B$2.1B$1.8B

Geographic

Total consolidated net revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Europe, Middle East and Africa$2.7B$2.7B$2.7B$2.7B$3.4B$3.5B
Asia Pacific and Japan$1.8B$1.8B$1.6B$1.7B$1.9B$2.0B
Americas excluding United States$750.0M$874.0M$562.0M$464.0M$546.0M$503.0M

Property, plant and equipment, net

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other countries$3.0B———$3.0B—

Business Segments

Total consolidated net revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Server Segment$4.7B$4.3B$4.1B$4.9B$4.5B$4.2B
Campus & Branch—$864.0M———$1.2B
Storage—$1.1B———$1.1B
Financial Services$893.0M$873.0M$857.0M$887.0M$890.0M$876.0M
Routing—$1.0M———$780.0M
Data Center Networking—$92.0M———$444.0M
Corporate Investments and Other$262.0M$197.0M$194.0M$194.0M$191.0M$261.0M
Security—$119.0M———$255.0M
Other—$235.0M———$165.0M

Goodwill

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate Investments and Other$0.0$0.0$0.0$0.0$50.0M$4.0M

Goodwill reclassified as held for sale

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate Investments and Other—————-$46.0M

Purchase price and other currency adjustments

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate Investments and Other—————$0.0

Segment cost of sales

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate Investments and Other$198.8M$202.0M———$204.0M

Segment earnings (loss) from operations

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate Investments and Other-$2.0M-$8.0M-$10.0M-$14.0M$0.0-$12.0M

Segment operating expenses

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate Investments and Other$61.0M$73.0M———$69.0M
Financial Services$68.3M$71.8M$71.8M$71.8M$71.8M—
Hybrid Cloud$481.5M$448.8M$448.8M$448.8M$448.8M—
Server$560.0M$591.0M$591.0M$591.0M$591.0M—

Changes due to foreign currency

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Corporate Investments and Other—$0.0$0.0$0.0$0.0—
Financial Services—$0.0$0.0$0.0$0.0—
Hybrid Cloud—$0.0$0.0$0.0$0.0—
Networking—-$2.5M-$2.5M-$2.5M-$2.5M—
Server—$0.0$0.0$0.0$0.0—

Cost of products and services

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Financial Services$730.8M$714.0M$714.0M$714.0M$714.0M—
Hybrid Cloud$825.5M$906.0M$906.0M$906.0M$906.0M—
Server$3.0B$3.5B$3.5B$3.5B$3.5B—

Asset impairment charges

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Hybrid Cloud—$400.0M$400.0M$400.0M$400.0M—

Goodwill from acquisitions

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Hybrid Cloud$24.5M$0.0$0.0$0.0$0.0—
Networking—$1.8B$1.8B$1.8B$1.8B—

Goodwill, Impairment Loss

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Hybrid Cloud—$400.0M$400.0M$400.0M$400.0M—
Networking—$0.0$0.0$0.0$0.0—

Net revenue

SegmentQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Hybrid Cloud$1.6B$1.4B$1.5B$1.5B$1.4B—