The chart above displays the total research and development expenses of HPE from 2015 to 2022 in millions of US dollars.
The research and development expenses of Hewlett Packard Enterprises (HPE) increased to $2,045 million in 2022 compared to $1,979 million in 2021. HPE spent 7.2% of its net sales on research and development in 2022 compared to 7.1% in the prior year.
The total net revenue of HPE in 2022 remained $28,496 million compared to $27,784 million in the previous year. However, the net earnings of the company declined significantly in 2022 compared to 2021. It generated $868 million in net earnings in 2022 while its net earnings in 2021 were $3,427 million. HPE had incurred a net loss of $322 million in 2020.
The largest individual market of HPE products is the United States from where the company generated close to one third of its total net sales in 2022. Its 2022 net revenue from the United States remained $9,425 million compared to $8,850 million in the previous year.
Research and Development Expenses of HPE (Hewlett packard Enterprises) 2015-2022
Amounts are in millions.
| Year | R&D Expenses (millions) |
|---|---|
| 2022 | $2,045 |
| 2021 | $1,979 |
| 2020 | $1,874 |
| 2019 | $1,842 |
| 2018 | $1,663 |
| 2017 | $1,486 |
| 2016 | $1,714 |
| 2015 | $1,676 |
2021: In 2021, the research and development expenses of Hewlett Packard Enterprises (HPE) increased to $1.98 billion compared to $1.87 billion in 2020. HPE spent 7.1% of its net revenues in 2021 on research and development compared to 6.9% in 2020.
2020: In 2020, HPE spent $1,874 million on research and development or $32 million higher than the previous year. Its 2019 research and development spending was $1,842 million.
2019: HPE’s research and development expenses in 2019 increased $179 million compared to the previous year. Its R&D expenses in 2019 was $1,842 million compared to $1,663 million in the previous year.
Research and development expenses of Hewlett Packard Enterprises increased to $1,663 millions in 2018 from $1,486 in 2017.