Quarterly Net Revenue of HPE (Hewlett Packard Enterprises) 2016-2023
Amounts are in millions.
FY 2023
Net Revenue (millions)
Q1
$7,809
Q2
$6,973
Q3
$7,002
Q4
During the first three quarters of 2023, HPE generated higher revenue compared to the same quarters of the prior year. In the first quarter of 2023, HPE generated $7,8089 million in net revenue compared to $6,961 million in the same quarter of the prior year. In the second quarter of 2023 also, HPE’s net revenue was $260 million higher compared to the same quarter of the prior year. In the third quarter of 2023, HPE’s revenue was only $51 million higher compared to the same quarter of the prior year. Over the first three quarters of 2023, its total net revenue remained $21,784 million.
FY 2022
Net Revenue (millions)
Q1
$6,961
Q2
$6,713
Q3
$6,951
Q4
$7,871
Total
$28,496
The net revenue of Hewlett Packard Enterprises (HPE) remained consistently higher for each quarter of 2022 compared to the same quarters of 2021. However, the company experienced a growth of only $712 million in its total annual revenue in 2022 compared to the prior year. Its net earnings in 2022 remained much lower compared to the prior year.
FY 2021
Net Revenue (millions)
Q1
$6,833
Q2
$6,700
Q3
$6,897
Q4
$7,354
Total
$27,784
The net revenues of HPE grew in the second, third and fourth quarters of 2021 compared to the same period in the previous year. The company generated $7,354 million in net reveues during the fourth quarter of 2021 compared to $7,208 million in the fourth quarter of the previous year.