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Hewlett Packard Enterprise HPE Financial Services — Segment operating expenses

Other segment segments

Server
$2.36B+5.5%
Hybrid Cloud
$1.8B-6.8%
Corporate Investments and Other
$73M-2.7%

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Other financials

Income statement

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Revenue$10.7B+40.0%
Operating income$747.0M+167%
Net income$624.0M+159%
EPS (diluted)$0.44+154%

Balance sheet

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Cash & equivalents$5.4B-54.6%
Total debt$23.5B+40.3%
Total equity$25.3B+6.0%
Total assets$79.5B+17.2%

Cash flow

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Operating cash flow$1.4B+406%
CapEx$583.0M+6.6%
Free cash flow$827.0M+182%

Valuation

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Market cap$61.87B+163%
Enterprise value$80.01B+180%
P/E39.8×+23.6×
P/S1.6×+0.8×

Profitability

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Gross margin31.4%
Operating margin3.8%+2.0pp
Net margin4%-0.6pp
FCF margin10.3%+9.9pp

Returns & leverage

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Return on equity6.3%-0.1pp
Debt / equity0.9×+0.2×
Current ratio1.1×-0.2×

Where this comes from

Reported directly by Hewlett Packard Enterprise in its filing.

Tagged under the XBRL concept us-gaap:OperatingExpenses.

The official record: Hewlett Packard Enterprise’s 10-K, filed December 18, 2025, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hewlett Packard Enterprise's financial services — segment operating expenses?
Hewlett Packard Enterprise (HPE) reported financial services — segment operating expenses of $71.75M in Q3 2025.
How has Hewlett Packard Enterprise's financial services — segment operating expenses changed year-over-year?
Hewlett Packard Enterprise's financial services — segment operating expenses increased by 5.1% year-over-year, from $68.25M to $71.75M.
What is the long-term trend for Hewlett Packard Enterprise's financial services — segment operating expenses?
Over 2 years (2023 to 2025), Hewlett Packard Enterprise's financial services — segment operating expenses has grown at a 1.2% compound annual growth rate (CAGR), from $280M to $287M.
What does financial services — segment operating expenses mean?
This metric captures the indirect costs associated with running the financial services business, including sales, marketing, administrative support, and general overhead. It reflects the operational investment required to manage the financing portfolio and customer relationships.