Hewlett Packard Enterprise (HPE) Capital Expenditures (2015 - 2026)
Hewlett Packard Enterprise (HPE) reported Capital Expenditures of $745 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 29.3% from $576 million a year earlier and up 27.8% from the prior quarter.
Hewlett Packard Enterprise (HPE) Capital Expenditures (2015 - 2026) Analysis & Trends
Over the twelve months ended Jul 31, 2026, Hewlett Packard Enterprise's Capital Expenditures came in at $2.54 billion, up 12.4% year-over-year; for FY2025 (ended Oct 31, 2025), it was $2.29 billion, down 3.2% from FY2024.
- Capital Expenditures has declined for three consecutive fiscal years, with a five-year compound annual growth rate of -0.8% (FY2020 to FY2025).
- By fiscal year, Capital Expenditures came in at $2.37 billion in FY2024 (-16.3%), $2.83 billion in FY2023 (-9.4%), $3.12 billion in FY2022 (+24.8%) and $2.5 billion in FY2021 (+5.0%).
- The fiscal Q3 2026 figure ranks as the highest quarterly Capital Expenditures since fiscal Q1 2023.
- Year over year, Capital Expenditures has now increased in each of the last five quarters, with growth averaging 2.9% over the last eight quarters.
- The high point for year-over-year Capital Expenditures in five years was fiscal Q2 2022 (growth of 35.5%); the low point was fiscal Q4 2023 (a decline of 32.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at $583 million (Q2 2026), $569 million (Q1 2026) and $641 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,023.53 Bn | 4,771.02 Bn | 54.77 Bn | 2.46 Bn |
| 2 | Cisco Systems | 434.59 Bn | 370.52 Bn | 11.06 Bn | 390.00 Mn |
| 3 | Dell Technologies | 303.32 Bn | 259.08 Bn | 9.83 Bn | 1.24 Bn |
| 4 | Arista Networks | 233.08 Bn | 186.53 Bn | 1.91 Bn | 29.70 Mn |
| 5 | Sandisk | 204.99 Bn | 193.51 Bn | 7.58 Bn | 43.00 Mn |
| 6 | Seagate Technology Holdings | 151.41 Bn | 146.40 Bn | 1.90 Bn | 187.00 Mn |
| 7 | Sony | 147.67 Bn | 84.93 Bn | 6.53 Bn | -864.98 Mn |
| 8 | Western Digital | 122.89 Bn | 111.02 Bn | 2.03 Bn | 108.00 Mn |
| 9 | Hewlett Packard Enterprise | 78.34 Bn | 56.22 Bn | 4.93 Bn | 745.00 Mn |
| 10 | Lumentum Holdings | 64.86 Bn | 56.67 Bn | 477.30 Mn | 166.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 745.00 Mn |
| Apr 30, 2026 | 583.00 Mn |
| Jan 31, 2026 | 569.00 Mn |
| Oct 31, 2025 | 641.00 Mn |
| Jul 31, 2025 | 576.00 Mn |
| Apr 30, 2025 | 547.00 Mn |
| Jan 31, 2025 | 528.00 Mn |
| Oct 31, 2024 | 608.00 Mn |
| Jul 31, 2024 | 543.00 Mn |
| Apr 30, 2024 | 560.00 Mn |
| Jan 31, 2024 | 656.00 Mn |
| Oct 31, 2023 | 675.00 Mn |
| Jul 31, 2023 | 671.00 Mn |
| Apr 30, 2023 | 688.00 Mn |
| Jan 31, 2023 | 794.00 Mn |
| Oct 31, 2022 | 1.00 Bn |
| Jul 31, 2022 | 773.00 Mn |
| Apr 30, 2022 | 725.00 Mn |
| Jan 31, 2022 | 624.00 Mn |
| Oct 31, 2021 | 770.00 Mn |
Hewlett Packard Enterprise Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=HPE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "HPE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=HPE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();