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HPE SG&A EXPENSES

The chart above displays the selling, general and administrative expenses of HPE from 2015 to 2023 in millions of US dollars.

In fiscal 2023, HPE’s selling, general and administrative expenses increased to $5,160 million compared to $4,941 million in 2022. Its total net revenue increased to $29,135 million in 2023 compared to $28,496 million in 2022.

In 2022, HPE’s selling, general and administrative expenses remained $4,941 million compared to $4,929 million in 2021. Its total costs and expenses reached $27,714 million compared to $26,652 million in 2021. The total net earnings of HPE declined to $868 million in 2022 compared to $3,427 million in 2021.

HPE generated total $28.5 billion in 2022 compared to $27.8 billion in 2021. The company experienced significant decline in its net income in 2022 compared to the previous year. Its S,G&A expenses remained around 17.3% of its total net revenue for the year.

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.

Selling, general and administrative (S,G&A) expenses of HPE (Hewlett Packard Enterprises) 2015-2022.

Amounts in millions.

YearS,G&A expenses (Millions)
2022$4,941
2021$4,929
2020$4,624
2019$4,907
2018$4,921
2017$5,012
2016$5,380
2015$5,142

In 2021, the selling, general and administrative expenses of HPE grew to $4.93 billion compared to $4.62 billion in 2020.

2020: The total selling, general and administrative expenses of HPE decreased $4,624 million in 2020 compared to $4,907 million in 2019.

2019: In 2019 and 2018, HPE’s total selling, general and administrative expenses remained $4.9 billion.

The selling, general and administrative expenses of HPE declined to $4,851 millions in 2018 from $5,006 millions in 2017.

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.