HPE financial statements

The full income statement, balance sheet, and cash-flow statement for Hewlett Packard Enterprise Company (HPE), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2024-04 1.30B2024-07 1.30B2024-10 1.32B2025-01 1.31B2025-04 1.31B2025-07 1.32B2025-10 1.33B2026-01 1.33B2026-04 1.32B+1.9% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofOct 31 ’25	as ofOct 31 ’24	as ofOct 31 ’23	as ofOct 31 ’22	as ofOct 31 ’21
	34.3B YoY+13.8%	30.1B YoY+3.4%	29.1B YoY+2.2%	28.5B YoY+2.6%	27.8B YoY+3.0%
Lease income	2.16B YoY-8.0%	2.34B YoY-2.6%	2.41B YoY+4.8%	2.30B YoY-3.7%	2.38B YoY-2.0%
Research & development	2.52B YoY+12.1%	2.25B YoY-4.4%	2.35B YoY+14.9%	2.04B YoY+3.3%	1.98B YoY+5.6%
Selling, general & administrative	5.70B YoY+17.1%	4.87B YoY-5.6%	5.16B YoY+4.4%	4.94B YoY+0.2%	4.93B YoY+6.6%
Amortization of intangibles	511M YoY+91.4%	267M YoY-7.3%	288M YoY-1.7%	293M YoY-17.2%	354M YoY-6.6%
Operating income	-437M YoY-120.0%	2.19B YoY+4.8%	2.09B YoY+167.1%	782M YoY-30.9%	1.13B YoY+444.1%
Interest expense	1.10B YoY+41.3%	777M YoY+9.6%	709M YoY+50.5%	471M YoY-6.0%	501M YoY-16.9%
Interest & investment income	406M YoY+106.1%	197M YoY+55.1%	127M YoY+225.6%	39.0M YoY+116.7%	18.0M YoY-59.1%
Other non-operating income	-175M YoY-49.6%	-117M YoY-12.5%	-104M YoY+14.0%	-121M YoY+42.7%	-211M YoY+1.9%
Equity-method income	79.0M YoY-46.3%	147M YoY-40.0%	245M YoY+14.0%	215M YoY+19.4%	180M YoY+168.7%
Gain (loss) on equity securities	0.00	0.00	—	—	—
Pre-tax income	-285M YoY-109.7%	2.95B YoY+32.4%	2.23B YoY+154.6%	876M YoY-75.6%	3.59B YoY+911.5%
Income tax	-342M YoY-191.4%	374M YoY+82.4%	205M YoY+2462.5%	8.00M YoY-95.0%	160M YoY+233.3%
	57.0M YoY-97.8%	2.58B YoY+27.4%	2.02B YoY+133.3%	868M YoY-74.7%	3.43B YoY+1164.3%
Net income to common	-59.0M YoY-102.3%	2.55B YoY+26.1%	2.02B YoY+133.3%	868M	—
	-$0.04 YoY-102.1%	$1.93 YoY+25.3%	$1.54 YoY+133.3%	$0.66 YoY-74.4%	$2.58 YoY+1132.0%
EPS (basic)	-$0.04 YoY-102.1%	$1.95 YoY+25.0%	$1.56 YoY+132.8%	$0.67 YoY-74.4%	$2.62 YoY+1148.0%
	1.32B YoY+1.1%	1.31B YoY+0.8%	1.30B YoY-0.3%	1.30B YoY-0.5%	1.31B YoY+1.2%
	1.32B YoY-1.0%	1.34B YoY+1.6%	1.32B YoY-0.5%	1.32B YoY-0.6%	1.33B YoY+2.8%
Dividends per share	$0.52 YoY+0.0%	$0.52 YoY+8.3%	$0.48 YoY+0.0%	$0.48 YoY+0.0%	$0.48 YoY+33.3%
Balance Sheet	as ofOct 31 ’25	as ofOct 31 ’24	as ofOct 31 ’23	as ofOct 31 ’22	as ofOct 31 ’21
	25.0B YoY-25.3%	33.5B YoY+76.6%	18.9B YoY-7.6%	20.5B YoY+8.6%	18.9B YoY+14.0%
Cash & equivalents	5.77B YoY-61.1%	14.8B YoY+247.7%	4.27B YoY+2.6%	4.16B YoY+4.2%	4.00B YoY-5.6%
Accounts receivable	5.29B YoY+49.0%	3.55B YoY+2.0%	3.48B YoY-15.1%	4.10B YoY+3.1%	3.98B YoY+17.5%
Inventory	6.35B YoY-18.7%	7.81B YoY+69.5%	4.61B YoY-10.7%	5.16B YoY+14.4%	4.51B YoY+68.7%
Other current assets	3.75B YoY+11.0%	3.38B YoY+10.9%	3.05B YoY-14.4%	3.56B YoY+44.7%	2.46B YoY-0.4%
	75.9B YoY+6.5%	71.3B YoY+24.7%	57.2B YoY+0.1%	57.1B YoY-1.0%	57.7B YoY+6.8%
Property, plant & equipment	6.00B YoY+6.0%	5.66B YoY-5.4%	5.99B YoY+3.5%	5.78B YoY+3.0%	5.61B YoY-0.2%
Operating lease right-of-use	1.53B YoY+9.0%	1.41B YoY+43.7%	980M YoY+14.8%	854M YoY-3.4%	884M YoY-4.9%
Goodwill	23.8B YoY+31.4%	18.1B YoY+0.5%	18.0B YoY+3.4%	17.4B YoY-4.9%	18.3B YoY+1.6%
Intangible assets	6.37B YoY+1148.6%	510M YoY-22.0%	654M YoY-10.8%	733M YoY-28.3%	1.02B YoY-7.3%
Deferred tax assets	2.95B YoY+23.2%	2.40B YoY+5.8%	2.26B YoY+6.4%	2.13B YoY+5.1%	2.02B YoY+13.8%
Other non-current assets	13.8B YoY+9.5%	12.6B YoY+10.9%	11.4B YoY+8.0%	10.5B YoY-9.7%	11.7B YoY+10.7%
	24.6B YoY-5.1%	26.0B YoY+18.7%	21.9B YoY-5.6%	23.2B YoY+12.0%	20.7B YoY+10.4%
Accounts payable	7.73B YoY-30.1%	11.1B YoY+55.0%	7.14B YoY-18.1%	8.72B YoY+24.5%	7.00B YoY+30.1%
Deferred revenue	5.36B YoY+37.2%	3.90B YoY+6.7%	3.66B YoY+6.0%	3.45B YoY+1.3%	3.41B YoY-0.6%
Short-term & current debt	3.80B YoY-4.4%	3.97B YoY-1.3%	4.02B YoY+3.8%	3.88B YoY+48.3%	2.61B YoY-5.6%
Current lease liability	316M YoY+21.1%	261M YoY+34.5%	194M YoY+15.5%	168M YoY-12.5%	192M YoY+2.1%
Other current liabilities	4.75B YoY+3.6%	4.59B YoY+10.3%	4.16B YoY-10.0%	4.63B YoY+3.1%	4.49B YoY+5.2%
Finance lease liability (current)	6.00M YoY+0.0%	6.00M YoY+20.0%	5.00M YoY+0.0%	5.00M YoY+0.0%	5.00M YoY+0.0%
Long-term debt	17.8B YoY+31.5%	13.5B YoY+80.4%	7.49B YoY-4.7%	7.85B YoY-20.6%	9.90B YoY-18.8%
Deferred revenue (non-current)	4.98B YoY+39.2%	3.58B YoY+9.1%	3.28B YoY+11.0%	2.96B YoY-0.6%	2.97B YoY+6.7%
Non-current lease liability	1.40B YoY+6.6%	1.31B YoY+35.5%	966M YoY+13.5%	851M YoY-9.3%	938M YoY+4.5%
Operating lease liability (total)	1.71B YoY+9.0%	1.57B YoY+35.3%	1.16B YoY+13.8%	1.02B YoY-9.8%	1.13B YoY+4.1%
Finance lease liability (total)	31.0M YoY-18.4%	38.0M YoY-11.6%	43.0M YoY-10.4%	48.0M YoY-9.4%	53.0M YoY-8.6%
Finance lease liability	25.0M YoY-21.9%	32.0M YoY-15.8%	38.0M YoY-11.6%	43.0M YoY-10.4%	48.0M YoY-9.4%
Deferred tax liabilities	473M YoY+26.8%	373M YoY+14.4%	326M YoY+1.9%	320M YoY-35.2%	494M YoY+70.3%
Other non-current liabilities	8.75B YoY+26.8%	6.91B YoY+5.5%	6.55B YoY+5.8%	6.19B YoY-12.8%	7.10B YoY+1.5%
	24.7B YoY-0.5%	24.8B YoY+17.2%	21.2B YoY+6.6%	19.9B YoY-0.5%	20.0B YoY+24.4%
Additional paid-in capital	30.2B YoY+1.3%	29.8B YoY+5.8%	28.2B YoY-0.4%	28.3B YoY-0.6%	28.5B YoY+0.4%
Retained earnings	-2.81B YoY-35.9%	-2.07B YoY+47.6%	-3.95B YoY+26.2%	-5.35B YoY+4.4%	-5.60B YoY+33.2%
Accumulated other comprehensive income	-2.75B YoY+7.7%	-2.98B YoY+3.5%	-3.08B YoY+0.5%	-3.10B YoY-6.3%	-2.92B YoY+26.0%
Non-controlling interest	—	—	56.0M YoY+24.4%	45.0M YoY-2.2%	46.0M YoY-2.1%
Total equity incl. non-controlling	24.8B YoY-0.5%	24.9B YoY+17.1%	21.2B YoY+6.7%	19.9B YoY-0.5%	20.0B YoY+24.4%
Total liabilities & equity	75.9B YoY+6.5%	71.3B YoY+24.7%	57.2B YoY+0.1%	57.1B YoY-1.0%	57.7B YoY+6.8%
	1.32B YoY+1.6%	1.30B YoY+1.1%	1.28B YoY+0.1%	1.28B YoY-1.1%	1.29B YoY+0.6%
	1.32B YoY+1.6%	1.30B YoY+1.1%	1.28B YoY+0.1%	1.28B YoY-1.1%	1.29B YoY+0.6%
	1.33B YoY+1.5%	1.32B YoY+1.2%	1.30B YoY+1.4%	1.28B YoY-0.9%	1.29B YoY-0.0%
Cash Flow	as ofOct 31 ’25	as ofOct 31 ’24	as ofOct 31 ’23	as ofOct 31 ’22	as ofOct 31 ’21
	2.92B YoY-32.8%	4.34B YoY-2.0%	4.43B YoY-3.6%	4.59B YoY-21.8%	5.87B YoY+162.1%
Depreciation & amortization	2.74B YoY+6.7%	2.56B YoY-2.0%	2.62B YoY+5.5%	2.48B YoY-4.5%	2.60B YoY-1.1%
Intangible amortization	511M YoY+91.4%	267M YoY-7.3%	288M YoY-1.7%	293M YoY-17.2%	354M YoY-6.6%
Share-based compensation	643M YoY+49.5%	430M YoY+0.5%	428M YoY+9.5%	391M YoY+2.4%	382M YoY+39.4%
Deferred income taxes	-565M YoY-782.8%	-64.0M YoY+4.5%	-67.0M YoY+73.1%	-249M YoY-49.1%	-167M YoY+43.2%
Change in receivables	700M YoY+743.4%	83.0M YoY+114.4%	-577M YoY-410.2%	186M YoY-68.5%	591M YoY+28.2%
Change in inventory	-1.78B YoY-153.1%	3.36B YoY+939.5%	-400M YoY-156.1%	713M YoY-63.6%	1.96B YoY+271.7%
	-13.2B YoY-24786.8%	-53.0M YoY+98.4%	-3.28B YoY-57.4%	-2.09B YoY+25.4%	-2.80B YoY-8.5%
Capital expenditure	2.29B YoY-3.2%	2.37B YoY-16.3%	2.83B YoY-9.4%	3.12B YoY+24.8%	2.50B YoY+5.0%
Free cash flow	627M YoY-68.2%	1.97B YoY+23.4%	1.60B YoY+8.8%	1.47B YoY-56.3%	3.37B YoY+2455.9%
Acquisitions	12.3B YoY+8252.4%	147M YoY-80.7%	761M	0.00 YoY-100.0%	505M YoY-41.7%
Sales/maturities of investments	48.0M YoY-97.8%	2.15B YoY+23777.8%	9.00M YoY-96.6%	262M YoY+1646.7%	15.0M YoY-68.8%
	1.05B YoY-83.4%	6.28B YoY+561.3%	-1.36B YoY+24.2%	-1.80B YoY+46.6%	-3.36B YoY-481.0%
Long-term debt issued	9.19B YoY-18.3%	11.2B YoY+138.0%	4.72B YoY+43.4%	3.30B YoY+9.1%	3.02B YoY-56.9%
Long-term debt repaid	0.00	0.00	0.00	0.00	0.00
Net short-term debt	-8.00M YoY+74.2%	-31.0M YoY+34.0%	-47.0M YoY-147.0%	100M YoY+377.8%	-36.0M YoY-300.0%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	202M YoY+34.7%	150M YoY-64.4%	421M YoY-17.8%	512M YoY+140.4%	213M YoY-40.0%
Dividends paid	684M YoY+1.2%	676M YoY+9.2%	619M YoY-0.3%	621M YoY-0.6%	625M YoY+1.1%
Other financing activities	-10.0M YoY-25.0%	-8.00M YoY-14.3%	-7.00M	—	—
FX effect on cash	-21.0M YoY+55.3%	-47.0M YoY-230.6%	36.0M YoY+112.9%	-279M	0.00
Net change in cash	-9.25B YoY-187.9%	10.5B YoY+5882.4%	-182M YoY-142.2%	431M YoY+249.1%	-289M YoY-153.0%
Interest paid	1.02B YoY+31.9%	772M YoY+14.0%	677M YoY+49.4%	453M YoY-6.8%	486M YoY-15.3%
Income taxes paid	425M YoY+71.4%	248M YoY-19.2%	307M YoY+186.9%	107M YoY-73.1%	398M YoY+34.0%
Valuation Ratios	as ofOct 31 ’25	as ofOct 31 ’24	as ofOct 31 ’23	as ofOct 31 ’22	as ofOct 31 ’21
Market cap	32.6B YoY+27.1%	25.6B YoY+28.2%	20.0B YoY+9.3%	18.3B YoY-4.5%	19.2B YoY+72.4%
P/E	571.7× YoY+5651.8%	9.9× YoY+0.7%	9.9× YoY-53.1%	21.1× YoY+13.4%	18.6× YoY-99.8%
P/S	1.0× YoY+11.7%	0.9× YoY+24.0%	0.7× YoY+6.9%	0.6× YoY-7.4%	0.7× YoY+68.4%
P/B	1.3× YoY+27.8%	1.0× YoY+9.4%	0.9× YoY+2.5%	0.9× YoY-18.2%	1.1× YoY+63.7%
P/FCF	52.0× YoY+300.2%	13.0× YoY+3.9%	12.5× YoY+0.5%	12.4× YoY-14.0%	14.5× YoY-42.4%
	0.17% YoY-98.3%	10.1% YoY-0.7%	10.1% YoY+113.4%	4.7% YoY-11.8%	5.4% YoY+59697.2%
	1.9% YoY-75.0%	7.7% YoY-3.8%	8.0% YoY-0.5%	8.0% YoY+16.2%	6.9% YoY+73.6%
	2.1% YoY-20.2%	2.7% YoY-14.5%	3.1% YoY-7.2%	3.4% YoY+2.7%	3.3% YoY-21.4%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: HPE's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all HPE filings on SEC EDGAR → Not investment advice.