Hewlett Packard Enterprise (HPE) Revenue — Quarter Ended Jul 31, 2024
Revenue increased compared to both the prior quarter and the same quarter last year. The upward trajectory from the previous period continued, reflecting stronger year-over-year performance.
Key takeaway
Quarter ended Jul 31, 2024 · FY2024 Q3
Revenue increased compared to both the prior quarter and the same quarter last year. The upward trajectory from the previous period continued, reflecting stronger year-over-year performance.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$7.7B
Revenue reported for this quarter.
Quarter-over-quarter
+7.0%
Change from the immediately preceding quarter.
Year-over-year
+10.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$29B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 31, 2023 | $7.4B | -6.6% |
| Jan 31, 2024 | $6.8B | -13.5% |
| Apr 30, 2024 | $7.2B | +3.3% |
| Jul 31, 2024 | $7.7B | +10.1% |
Revenue performance
Reported revenue rose from the immediately preceding quarter, marking a positive sequential movement. Compared with the same quarter one year earlier, revenue was also higher.
Quarterly comparison
Revenue grew sequentially after a smaller gain in the prior quarter, and the year-over-year increase accelerated versus the same comparison in the preceding period. The trailing twelve-month revenue reflects this sustained expansion.
What to watch
The filing includes risk factors related to forward-looking statements, but no specific context was provided for this quarter's revenue drivers.