Hewlett Packard Enterprise said total net revenue for the 3 months ended April 30, 2025 was $7.6 billion, an increase of $0.4 billion, or 5.9% (increased 7.1% on a constant currency basis). Net revenue for the 6 months was $15.5 billion, an increase of 10.9%.

10-QQuarterly reportFiled Jun 4, 2025Period of report Apr 30, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Hewlett Packard Enterprise said total net revenue for the 3 months ended April 30, 2025 was $7.6 billion, an increase of $0.4 billion, or 5.9% (increased 7.1% on a constant currency basis). Net revenue for the 6 months was $15.5 billion, an increase of 10.9%.
The company said it determined that the fair value of the Hybrid Cloud reporting unit was below the carrying value of its net assets for the 3 and 6 months ended April 30, 2025, and recognized a partial goodwill impairment charge of $1.4 billion. It cited an increase in the discount rate driven by heightened macroeconomic uncertainty as the factor for the decline in fair value.
Hewlett Packard Enterprise said the gross profit margin for the 3 and 6 months ended April 30, 2025 was 28.4% and 28.8%, respectively, representing a decrease of 4.6 and 5.8 percentage points, respectively, compared to the prior-year periods. It cited an increase in cost of sales in the Server, Hybrid Cloud and Intelligent Edge segments as the factor.
The company said it completed the disposition of CTG on December 1, 2024, received net proceeds of $210 million and recognized a gain of $244 million. It cited the divestiture of the CTG business as the factor for the 3-month decrease of $58 million, or 23.0%, in Corporate Investments and Other net revenue.

Key figures

Quarter ended April 30, 2025

Revenue: $7.6B
Operating income: −$1.1B
Net income: −$1.1B
EPS: −$0.82

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Quarterly net revenue $7.6 billion, up 5.9%

Hewlett Packard Enterprise said total net revenue for the 3 months ended April 30, 2025 was $7.6 billion, an increase of $0.4 billion, or 5.9% (increased 7.1% on a constant currency basis). Net revenue for the 6 months was $15.5 billion, an increase of 10.9%.

Source · Based on the MD&A text of the filing

Hybrid Cloud goodwill $1.4 billion partial impairment

The company said it determined that the fair value of the Hybrid Cloud reporting unit was below the carrying value of its net assets for the 3 and 6 months ended April 30, 2025, and recognized a partial goodwill impairment charge of $1.4 billion. It cited an increase in the discount rate driven by heightened macroeconomic uncertainty as the factor for the decline in fair value.

Source · Based on the MD&A text of the filing

Gross profit margin 28.4%, 28.8%

Hewlett Packard Enterprise said the gross profit margin for the 3 and 6 months ended April 30, 2025 was 28.4% and 28.8%, respectively, representing a decrease of 4.6 and 5.8 percentage points, respectively, compared to the prior-year periods. It cited an increase in cost of sales in the Server, Hybrid Cloud and Intelligent Edge segments as the factor.

Source · Based on the MD&A text of the filing

CTG disposition net proceeds $210 million, gain $244 million

The company said it completed the disposition of CTG on December 1, 2024, received net proceeds of $210 million and recognized a gain of $244 million. It cited the divestiture of the CTG business as the factor for the 3-month decrease of $58 million, or 23.0%, in Corporate Investments and Other net revenue.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

View the original filing on SEC EDGAR ↗

Unauthorized scraping, data storage and database creation prohibited

Without prior written consent, you must not crawl or scrape data compiled and organized by Chickstock or its analysis and summaries, or collect them repeatedly or in bulk for storage, ingestion or database creation. Repurposing, redistribution, sale and use to build other services are also prohibited.

Unauthorized use may result in access restrictions, demands to stop infringement and delete copies, and claims for damages. Violations of applicable law may also give rise to criminal liability.

Uses permitted by law, the Terms of Service or a separate agreement remain subject to their respective scope. Rights in individual source materials, including original filings, remain with their respective rights holders.