Hewlett Packard Enterprise vs Supermicro
Supermicro reported revenue of $39.1 billion in fiscal 2026, about the same as Hewlett Packard Enterprise's $34.3 billion in fiscal 2025. Hewlett Packard Enterprise's revenue grew 13.8% in its latest year, and Supermicro's grew 77.8%. Hewlett Packard Enterprise had an operating margin of -1.3%, against 7.1% at Supermicro. Free cash flow was $627 million at Hewlett Packard Enterprise and −$7.0 billion at Supermicro. Their fiscal years end in different months (October 31 and June 30), so the periods don't line up exactly.
Side by side
| Hewlett Packard Enterprise | Supermicro | |
|---|---|---|
| Latest fiscal year | FY2025, Oct 31, 2025 | FY2026, Jun 30, 2026 |
| Revenue | $34.3B | $39.1B |
| Revenue growth | 13.8% | 77.8% |
| Revenue growth a year, last 5 years | 4.9% | 61.5% |
| Gross margin | — | 10.8% |
| Operating margin | −1.3% | 7.1% |
| Net margin | 0.2% | 5.7% |
| Free cash flow | $627M | −$7.0B |
| Free cash flow margin | 1.8% | −17.9% |
| Return on capital | −0.9% | — |
| Net debt to EBITDA | 9.0x | — |
| Dividends and buybacks | $886M | $0M |
| Change in diluted share count | −1.0% | 11.0% |
| Last close | $58.72 | $32.69 |
| P/E at the last close | 30.4× | 10.0× |
| Insider trades, last 12 months | sold $73.1 million | sold $15.7 million |
| Piotroski F-score | 4 of 8 | — |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Hewlett Packard EnterpriseSupermicro
Operating margin
Percent of revenue
Hewlett Packard EnterpriseSupermicro
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Hewlett Packard EnterpriseSupermicro
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Hewlett Packard Enterprise and Supermicro pages.