Operating Expenses

Total Operating Expenses

Hewlett Packard Enterprise Total Operating Expenses decreased by 8.8% to $8.83B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 19.0%, from $7.42B to $8.83B. Over 4 years (FY 2021 to FY 2025), Total Operating Expenses shows an upward trend with a 6.8% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

Rising expenses without a corresponding rise in revenue can indicate operational bloat or aggressive expansion efforts.

Detailed definition

The sum of all costs required to run the business that are not directly tied to production, including R&D and SG&A. It r...

Peer comparison

Investors compare this to revenue to assess the 'operating leverage' of a business model.

Metric ID: total_operating_expenses

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$6.42B$6.62B$7.00B$6.51B$6.51B$6.49B$8.21B$7.22B$6.45B$6.53B$6.84B$6.23B$6.78B$7.16B$7.77B$7.42B$8.74B$8.89B$9.69B$8.83B
QoQ Change+3.0%+5.9%-7.0%-0.1%-0.3%+26.6%-12.1%-10.6%+1.2%+4.8%-9.0%+8.8%+5.7%+8.4%-4.4%+17.7%+1.8%+9.0%-8.8%
YoY Change+1.3%-2.0%+17.2%+10.8%-0.8%+0.7%-16.6%-13.7%+5.1%+9.7%+13.5%+19.1%+28.9%+24.1%+24.8%+19.0%
Range$6.23B$9.69B
CAGR+6.9%
Avg YoY Growth+8.8%
Median YoY Growth+10.3%

Geographic Breakdown

View all
SegmentQ1 '23Q2 '23Q3 '23
Conflict Between Russian and Ukraine and Related Trade Sanctions$40.25M$40.25M$40.25M
Total$7.22B$6.45B$6.53B

Frequently Asked Questions

What is Hewlett Packard Enterprise's total operating expenses?
Hewlett Packard Enterprise (HPE) reported total operating expenses of $8.83B in Q4 2025.
How has Hewlett Packard Enterprise's total operating expenses changed year-over-year?
Hewlett Packard Enterprise's total operating expenses increased by 19.0% year-over-year, from $7.42B to $8.83B.
What is the long-term trend for Hewlett Packard Enterprise's total operating expenses?
Over 4 years (2021 to 2025), Hewlett Packard Enterprise's total operating expenses has grown at a 6.8% compound annual growth rate (CAGR), from $26.65B to $34.73B.
What does total operating expenses mean?
The total cost of running the day-to-day business, excluding the direct cost of making products.