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Raw inputs
Equipment
Foundry
Chip design
Software
AI demand
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Company details
Market cap
$85B
P/E ratio
22×
Div yield
1.3%
EPS (non-GAAP)
$1.94
Profit margin
7%
Rev. growth
+14%
Revenue
$34.3B
Free cash flow
$3B
In plain English
HPE is the enterprise half of the old Hewlett-Packard — it builds the servers, storage, networking and supercomputers that run corporate data centres and, increasingly, AI. It buys chips from NVIDIA, AMD and Intel, bolts them into ProLiant and Cray systems, and sells them (plus the GreenLake hybrid-cloud service and, since 2025, Juniper networking) to enterprises, telcos and national labs. Six of the world's ten fastest supercomputers are HPE-built.
In simple terms
What Hewlett Packard Enterprise really sells
HPE is the enterprise half of the old Hewlett-Packard — it builds the servers, storage, networking and supercomputers that run corporate data centres and, increasingly, AI. It buys chips from NVIDIA, AMD and Intel, bolts them into ProLiant and Cray systems, and sells them (plus the GreenLake hybrid-cloud service and, since 2025, Juniper networking) to enterprises, telcos and national labs. Six of the world's ten fastest supercomputers are HPE-built.
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