Filing Flows › Hewlett Packard Enterprise (HPE) › Q4 FY25
Hewlett Packard Enterprise (HPE) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Dec 18, 2025
Hewlett Packard Enterprise (HPE) reported revenue of $9.7B for the fourth quarter fiscal 2025 (Q4 FY25), +14% from a year earlier and +6% from the quarter before. Operating margin was -0.1%, net earnings $175M (1.8% of revenue).
Hewlett Packard Enterprise, Q4 FY25: revenue $9.7B (+14% year over year), operating margin -0.1%, net earnings $175M, operating cash flow $2.5B. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $9.7B | +6% | +14% |
| Operating profit | −$8.0M | -103% | -101% |
| Net earnings | $175M | -43% | -87% |
| Operating cash flow | $2.5B | +89% | +21% |
| Free cash flow | $1.8B | +150% | +28% |
What changed
Revenue was $9.7B in Q4 FY25, up 14% year over year and up 6% from the previous quarter.
Operating costs exceeded revenue by $0.01B, an operating margin of -0.1%. Total costs grew 25% against revenue growth of 14%. The fastest-growing cost line was Research & development (+67%). Net earnings were $0.17B, down 87% year over year.
Operating cash flow was $2.5B (up 21% year over year), 1409% of net earnings. Non-cash charges added back $0.88B of depreciation and amortization and $0.20B of share-based compensation. Working capital and other items added $1.2B. Capital expenditures of $0.64B left free cash flow of $1.8B.
Questions
What was Hewlett Packard Enterprise's revenue in the fourth quarter fiscal 2025?
Hewlett Packard Enterprise (HPE) reported revenue of $9.7B for the fourth quarter fiscal 2025 (Q4 FY25), +14% from a year earlier and +6% from the quarter before.
Was Hewlett Packard Enterprise profitable in the fourth quarter fiscal 2025?
Operating loss was $8.0M (-0.1% of revenue) and net earnings $175M.