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Hewlett Packard Enterprise HPE Services — Revenue

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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:RevenueFromContractWithCustomerExcludingAssessedTax.

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 services — revenue?
Hewlett Packard Enterprise (HPE) reported services — revenue of $3.27B in Q1 2026.
How has Hewlett Packard Enterprise's services — revenue changed year-over-year?
Hewlett Packard Enterprise's services — revenue increased by 22.3% year-over-year, from $2.67B to $3.27B.
What is the long-term trend for Hewlett Packard Enterprise's services — revenue?
Over 4 years (2021 to 2025), Hewlett Packard Enterprise's services — revenue has grown at a 3.0% compound annual growth rate (CAGR), from $10.28B to $11.57B.
What does services — revenue mean?
This metric represents the total revenue generated from the delivery of professional, consulting, and support services to enterprise clients. It captures income derived from long-term service contracts, technical support, and managed infrastructure solutions that complement the company's hardware offerings. This revenue stream is critical for assessing the company's transition toward a recurring revenue model and its ability to deepen customer relationships.