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.
|Year||HPE NET EARNINGS (Millions)|
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.