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HPE QUARTERLY NET EARNINGS

Quarterly Net Earnings of HPE (Hewlett Packard Enterprises) 2016-2023

Amounts are in millions.

FY 2023Net Earnings (millions)
Q1$501
Q2$418
Q3$464
Q4

During the first quarter of 2023, HPE generated $501 million compared to $513 million in the same quarter of the prior year. However, in the second quarter of 2022, the net earnings of the company increased to $418 million compared to $250 million in the same quarter of the prior year. In the third quarter also the company generated a net earning of $464 million compared to $409 million in the same quarter of the prior year.

In fiscal 2022, the net earnings of HPE remained much lower compared to the prior year. The company generated total $868 million in net earnings in 2022 compared to $3,427 million in 2021. During the fourth quarter of 2022, HPE incurred a net loss of $304 million compared to a positive net income of $2,553 million in 2021.

FY 2022Net Earnings
Q1$513
Q2$250
Q3$409
Q4$(304)
FY 2021Net Earnings (millions)
Q1$223
Q2$259
Q3$392
Q4$2,553
Total$3,427

2021: In fiscal 2021, HPE generated positive net income compared to a net loss in 2020. In 2021, the net earnings of HPE remained $3,427 million compared to a net loss of $(322) in 2020. The company generated the highest nearnings in the fourth quarter of 2021. Its net earnings during the fourt quarter of 2021 remained $2,553 million compared to $157 in the last quarter of 2020.

FY 2020Net Earnings (millions)
Q1$333
Q2($821)
Q3$9
Q4$157
Total$(322)
FY 2019 Net Earnings (millions)
Q1$ 177
Q2$419
Q3$(27)
Q4$480
Total$1,049
FY 2018Net Earnings (millions)
Q1$ 1,436
Q2$ 778
Q3$ 451
Q4$ (757)
Total$1,908
FY 2017Net Earnings (millions)
Q1$ 267
Q2$ (612)
Q3$ 165
Q4$524
FY 2016Net Earnings (millions)
Q1$ 267
Q2$ 320
Q3$ 2,272
Q4$ 302