Home » HPE NET EARNINGS

HPE NET EARNINGS

The chart above displays the net earnings of HPE from 2015 to 2022 in millions of US dollars.

In fiscal 2022, while HPE experienced 2.6% increase in its net revenue, the company experienced a solid decline in its net earnings compared to the prior year. Its net earnings in 2022 declined by more than 74% compared to the prior year. The total net earnings of HPE remained $868 million in 2022 compared to $3,427 million. HPE’s total net revenue increased to $28.5 billion in 2022 compared to $27.8 billion in 2021.

The United States is the single largest market of HPE products and services and the company generated total $9,425 million in net sales from there in 2022 compared to $8,850 million in net sales in 2021.

As of October 31, 2022, the company employed around 60,200 people. HPE has organized its business into six reportable segments including Compute, HPC & AI, Storage, Intelligent Edge, Financial Services, and Corporate Investments and Other.

Net Earnings of Hewlett Packard Enterprises (2015-2022)

Amounts in millions.

YearHPE NET EARNINGS (Millions)
2022$868
2021$3,427
2020$(322)
2019$1,049
2018$ 1,908
2017$ 344
2016$ 3,161
2015$ 2,461

HPE’s net earnings in 2021 increased to $3,427 million compared to a net loss of $322 million in 2020.

2020: HPE incurred a net loss of $322 million in 2020 compared to a net income of $1,049 million in 2019.

2019: HPE’s net income declined to $1,049 million in 2019 compared to $1,908 million in 2018.

2018:  Net Earnings of HPE increased to $ 1,908 millions in 2018 from $ 344 millions in 2017.

2017: HPE’s net earnings declined significantly in 2017 compared to the previous year. Its total net earnings in 2017 remained only $344 million compared to $3,161 million in 2016.

2016: HPE experienced a growth of $700 million in its net earnings in 2016 compared to the previous year. The company generated total $3,161 million in net income in 2016 compared to $2,461 million in 2015.

Hewlett Packard Enterprises (HPE) is a leading global provider of computing, storage, networking, and software solutions for clients including small, medium and large businesses as well as government entities.