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Hewlett Packard Enterprise HPE Networking — Segment cost of sales

Other segment segments

Server
$14.04B+16.4%
Hybrid Cloud
$3.62B+9.8%
Financial Services
$2.86B-2.3%
Corporate Investments and Other
$217M+6.4%

Similar metrics at other companies

Coherent logo
COHRNetworking — Cost Of Product And Service Sold, Adjusted
$626.79M+43.5%
Lumentum Holdings Inc. logo
LITECloud & Networking — Cost of Sales
$231.1M+24.3%
Coherent logo
COHRNetworking — Segment profit
$160.88M+82.0%
Telos Corporation logo
TLSSecure Networks Segment — Cost of Product and Service Sold
$1.26M-65.7%
ROP
ROPNetwork Software — Cost of Sales
$67.2M+11.4%
NCR Atleos logo
NATLNetwork — Adjusted cost of products
$8M-20.0%

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:CostOfGoodsAndServicesSold.

The official record: Hewlett Packard Enterprise’s 10-Q, filed June 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hewlett Packard Enterprise's networking — segment cost of sales?
Hewlett Packard Enterprise (HPE) reported networking — segment cost of sales of $1.06B in Q1 2026.
How has Hewlett Packard Enterprise's networking — segment cost of sales changed year-over-year?
Hewlett Packard Enterprise's networking — segment cost of sales increased by 150.2% year-over-year, from $422M to $1.06B.
What does networking — segment cost of sales mean?
This reflects the direct costs associated with producing and delivering networking products and services, including materials, manufacturing overhead, and logistics. It is a critical component for calculating the gross margin of the networking business unit. Monitoring this helps assess the efficiency of the supply chain and manufacturing strategy.