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Side-by-side financial comparison of Hewlett Packard Enterprise (HPE) and SharkNinja, Inc. (SN). Click either name above to swap in a different company.

Hewlett Packard Enterprise is the larger business by last-quarter revenue ($9.7B vs $5.5B, roughly 1.8× SharkNinja, Inc.). On growth, SharkNinja, Inc. posted the faster year-over-year revenue change (30.0% vs 14.4%). Hewlett Packard Enterprise produced more free cash flow last quarter ($1.8B vs $308.9M).

The Hewlett Packard Enterprise Company (HPE) is an American multinational information technology company based in Spring, Texas. It is a business-focused organization which works in servers, storage, networking, containerization software and consulting and support. HPE was ranked No. 107 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.

SharkNinja is a global product design and technology company based in Needham, Massachusetts. Founded in 1994 by Mark Rosenzweig and led by CEO Mark Barrocas, who joined the company in 2008 as president. The company's name is formed by combining its two primary brands: Shark and Ninja.

HPE vs SN — Head-to-Head

Bigger by revenue
HPE
HPE
1.8× larger
HPE
$9.7B
$5.5B
SN
Growing faster (revenue YoY)
SN
SN
+15.5% gap
SN
30.0%
14.4%
HPE
More free cash flow
HPE
HPE
$1.5B more FCF
HPE
$1.8B
$308.9M
SN

Income Statement — Q4 FY2025 vs Q4 FY2024

Metric
HPE
HPE
SN
SN
Revenue
$9.7B
$5.5B
Net Profit
$175.0M
Gross Margin
48.1%
Operating Margin
-0.1%
11.7%
Net Margin
1.8%
Revenue YoY
14.4%
30.0%
Net Profit YoY
-87.2%
EPS (diluted)
$0.13
$3.11

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HPE
HPE
SN
SN
Q4 25
$9.7B
Q3 25
$9.1B
Q2 25
$7.6B
Q1 25
$7.9B
Q4 24
$8.5B
$5.5B
Q3 24
$7.7B
Q2 24
$7.2B
Q1 24
$6.8B
Net Profit
HPE
HPE
SN
SN
Q4 25
$175.0M
Q3 25
$305.0M
Q2 25
$-1.1B
Q1 25
$627.0M
Q4 24
$1.4B
Q3 24
$512.0M
Q2 24
$314.0M
Q1 24
$387.0M
Gross Margin
HPE
HPE
SN
SN
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
48.1%
Q3 24
Q2 24
Q1 24
Operating Margin
HPE
HPE
SN
SN
Q4 25
-0.1%
Q3 25
2.7%
Q2 25
-14.5%
Q1 25
5.5%
Q4 24
8.2%
11.7%
Q3 24
7.1%
Q2 24
5.9%
Q1 24
7.8%
Net Margin
HPE
HPE
SN
SN
Q4 25
1.8%
Q3 25
3.3%
Q2 25
-13.8%
Q1 25
8.0%
Q4 24
16.2%
Q3 24
6.6%
Q2 24
4.4%
Q1 24
5.7%
EPS (diluted)
HPE
HPE
SN
SN
Q4 25
$0.13
Q3 25
$0.21
Q2 25
$-0.82
Q1 25
$0.44
Q4 24
$1.02
$3.11
Q3 24
$0.38
Q2 24
$0.24
Q1 24
$0.29

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HPE
HPE
SN
SN
Cash + ST InvestmentsLiquidity on hand
$5.8B
$363.7M
Total DebtLower is stronger
$17.8B
Stockholders' EquityBook value
$24.7B
$1.9B
Total Assets
$75.9B
$4.4B
Debt / EquityLower = less leverage
0.72×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HPE
HPE
SN
SN
Q4 25
$5.8B
Q3 25
$4.6B
Q2 25
$11.7B
Q1 25
$13.4B
Q4 24
$14.8B
$363.7M
Q3 24
$3.6B
Q2 24
$2.7B
Q1 24
$3.8B
Total Debt
HPE
HPE
SN
SN
Q4 25
$17.8B
Q3 25
$16.9B
Q2 25
$12.4B
Q1 25
$13.3B
Q4 24
$13.5B
Q3 24
$7.9B
Q2 24
$7.5B
Q1 24
$7.8B
Stockholders' Equity
HPE
HPE
SN
SN
Q4 25
$24.7B
Q3 25
$24.4B
Q2 25
$23.9B
Q1 25
$25.2B
Q4 24
$24.8B
$1.9B
Q3 24
$22.1B
Q2 24
$21.7B
Q1 24
$21.4B
Total Assets
HPE
HPE
SN
SN
Q4 25
$75.9B
Q3 25
$77.3B
Q2 25
$67.9B
Q1 25
$70.3B
Q4 24
$71.3B
$4.4B
Q3 24
$60.9B
Q2 24
$59.7B
Q1 24
$58.6B
Debt / Equity
HPE
HPE
SN
SN
Q4 25
0.72×
Q3 25
0.69×
Q2 25
0.52×
Q1 25
0.53×
Q4 24
0.54×
Q3 24
0.36×
Q2 24
0.35×
Q1 24
0.37×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HPE
HPE
SN
SN
Operating Cash FlowLast quarter
$2.5B
$446.6M
Free Cash FlowOCF − Capex
$1.8B
$308.9M
FCF MarginFCF / Revenue
18.8%
5.6%
Capex IntensityCapex / Revenue
6.6%
2.5%
Cash ConversionOCF / Net Profit
14.09×
TTM Free Cash FlowTrailing 4 quarters
$627.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HPE
HPE
SN
SN
Q4 25
$2.5B
Q3 25
$1.3B
Q2 25
$-461.0M
Q1 25
$-390.0M
Q4 24
$2.0B
$446.6M
Q3 24
$1.2B
Q2 24
$1.1B
Q1 24
$64.0M
Free Cash Flow
HPE
HPE
SN
SN
Q4 25
$1.8B
Q3 25
$729.0M
Q2 25
$-1.0B
Q1 25
$-918.0M
Q4 24
$1.4B
$308.9M
Q3 24
$611.0M
Q2 24
$533.0M
Q1 24
$-592.0M
FCF Margin
HPE
HPE
SN
SN
Q4 25
18.8%
Q3 25
8.0%
Q2 25
-13.2%
Q1 25
-11.7%
Q4 24
16.8%
5.6%
Q3 24
7.9%
Q2 24
7.4%
Q1 24
-8.8%
Capex Intensity
HPE
HPE
SN
SN
Q4 25
6.6%
Q3 25
6.3%
Q2 25
7.2%
Q1 25
6.7%
Q4 24
7.2%
2.5%
Q3 24
7.0%
Q2 24
7.8%
Q1 24
9.7%
Cash Conversion
HPE
HPE
SN
SN
Q4 25
14.09×
Q3 25
4.28×
Q2 25
Q1 25
-0.62×
Q4 24
1.49×
Q3 24
2.25×
Q2 24
3.48×
Q1 24
0.17×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HPE
HPE

Products$6.2B64%
Services$3.3B34%
Other$199.0M2%

SN
SN

Segment breakdown not available.

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