Skip to content
Screener

Hewlett Packard Enterprise HPE Cost reduction program

Cost reduction program at other companies

California Resources logo
California ResourcesCRC
$365M+15.5%
BH
Biglari Holdings Inc.BH
$3.92M-3.0%
Construction Partners logo
Construction PartnersROAD
$925K+15.6%
Kaltura, Inc. logo
Kaltura, Inc.KLTR
$3.91M-2.8%
Hasbro logo
HasbroHAS
$3.1M-50.0%
Hasbro logo
HasbroHAS
$4M-45.9%

Other financials

Income statement

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

Balance sheet

See full
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

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

Valuation

See full
Market cap$70.47B+167%
Enterprise value$88.62B+75.8%
P/E45.3×+24.1×
P/S1.8×+1.0×

Profitability

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

Returns & leverage

See full
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 hpe:CostReductionProgram.

The source filing: Hewlett Packard Enterprise’s 10-Q, filed June 2, 2026.

Filed
Jun 2, 2026, 8:24 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001645590-26-000055
Line itemFor the three months ended April 30, 2026For the three months ended April 30, 2025For the six months ended April 30, 2026For the six months ended April 30, 2025
Impairment charges(1,361)(1,361)
Gain on sale of a business244
H3C divestiture related severance costs(20)(97)
Cost reduction program(30)(146)(53)(146)
Acquisition, disposition and other charges(105)(42)(267)(120)
Interest and other, net(73)39(127)78
Earnings from equity interests25254242
Total earnings (loss) before provision for taxes$699$(1,045)$1,132$(312)

Item 1. Financial Statements (Unaudited)

FAQ

What is Hewlett Packard Enterprise's cost reduction program?
Hewlett Packard Enterprise (HPE) reported cost reduction program of $30M in Q1 2026.
How has Hewlett Packard Enterprise's cost reduction program changed year-over-year?
Hewlett Packard Enterprise's cost reduction program decreased by 79.5% year-over-year, from $146M to $30M.
What does cost reduction program mean?
This represents specific, targeted expenditures aimed at permanently lowering the company's operating expense base. These programs are often designed to streamline processes, reduce headcount, or optimize the supply chain to improve operating margins.

Ask your AI about Hewlett Packard Enterprise's cost reduction program.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI
Harbor at dusk
Claude