Hewlett Packard Enterprise (HPE) Change in Inventory (2015 - 2026)
Hewlett Packard Enterprise's Change in Inventory was $2.89 billion in fiscal Q3 2026 (quarter ended Jul 31, 2026), compared with -$1.82 billion a year earlier and up 15.7% from the prior quarter.
Hewlett Packard Enterprise (HPE) Change in Inventory (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hewlett Packard Enterprise's Change in Inventory was $5.45 billion through Jul 31, 2026; for FY2025 (ended Oct 31, 2025), it was -$1.78 billion.
- In earlier fiscal years, Change in Inventory was $3.36 billion in FY2024, -$400 million in FY2023, $713 million in FY2022 (-63.6%) and $1.96 billion in FY2021 (+271.7%).
- The fiscal Q3 2026 figure marks the highest quarterly Change in Inventory in data going back to fiscal Q1 2015.
- The best year-over-year quarter for Change in Inventory over five years was fiscal Q1 2022 (growth of 463.5%); the worst was fiscal Q2 2022 (a decline of 92.3%).
- Per Business Quant data, HPE's Change in Inventory in the three fiscal quarters before Q3 2026 was $2.5 billion (Q2 2026), $458 million (Q1 2026) and -$398 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,023.53 Bn | 4,771.02 Bn | 54.77 Bn | 4.38 Bn |
| 2 | Cisco Systems | 434.59 Bn | 370.52 Bn | 11.06 Bn | 992.00 Mn |
| 3 | Dell Technologies | 303.32 Bn | 259.08 Bn | 9.83 Bn | 6.23 Bn |
| 4 | Arista Networks | 233.08 Bn | 186.53 Bn | 1.91 Bn | 155.20 Mn |
| 5 | Sandisk | 204.99 Bn | 193.51 Bn | 7.58 Bn | 460.00 Mn |
| 6 | Seagate Technology Holdings | 151.41 Bn | 146.40 Bn | 1.90 Bn | 41.00 Mn |
| 7 | Sony | 147.67 Bn | 84.93 Bn | 6.53 Bn | -811.88 Mn |
| 8 | Western Digital | 122.89 Bn | 111.02 Bn | 2.03 Bn | 154.00 Mn |
| 9 | Hewlett Packard Enterprise | 78.34 Bn | 56.22 Bn | 4.93 Bn | 2.89 Bn |
| 10 | Lumentum Holdings | 64.86 Bn | 56.67 Bn | 477.30 Mn | 63.20 Mn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 2.89 Bn |
| Apr 30, 2026 | 2.50 Bn |
| Jan 31, 2026 | 458.00 Mn |
| Oct 31, 2025 | -398.00 Mn |
| Jul 31, 2025 | -1.82 Bn |
| Apr 30, 2025 | -376.00 Mn |
| Jan 31, 2025 | 811.00 Mn |
| Oct 31, 2024 | 163.00 Mn |
| Jul 31, 2024 | 387.00 Mn |
| Apr 30, 2024 | 1.35 Bn |
| Jan 31, 2024 | 1.46 Bn |
| Oct 31, 2023 | 91.00 Mn |
| Jul 31, 2023 | 291.00 Mn |
| Apr 30, 2023 | -287.00 Mn |
| Jan 31, 2023 | -495.00 Mn |
| Oct 31, 2022 | -387.00 Mn |
| Jul 31, 2022 | 239.00 Mn |
| Apr 30, 2022 | 27.00 Mn |
| Jan 31, 2022 | 834.00 Mn |
| Oct 31, 2021 | 607.00 Mn |
Hewlett Packard Enterprise Change in Inventory 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=change-in-inventory&ticker=HPE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-inventory", "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=change-in-inventory&ticker=HPE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();