Hewlett Packard Enterprise (HPE) Free Cash Flow (2015 - 2026)
Hewlett Packard Enterprise (HPE) posted Free Cash Flow of $896 million for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 22.9% from $729 million a year earlier and up 8.3% from the prior quarter.
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Analysis
Hewlett Packard Enterprise (HPE) Free Cash Flow (2015 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Free Cash Flow at Hewlett Packard Enterprise was $4.16 billion; for FY2025 (ended Oct 31, 2025), it came in at $627 million, down 68.2% from FY2024.
- In prior fiscal years, Hewlett Packard Enterprise's Free Cash Flow was $1.97 billion in FY2024 (+23.4%), $1.6 billion in FY2023 (+8.8%), $1.47 billion in FY2022 (-56.3%) and $3.37 billion in FY2021.
- Quarterly Free Cash Flow has run from a low of -$1.62 billion in fiscal Q1 2023 to a high of $2.19 billion in fiscal Q4 2021 over five years.
- On a year-over-year basis, Free Cash Flow increased in three of the last four quarters, with growth averaging 9.0%.
- The strongest year-over-year quarter for Free Cash Flow in the past five years was fiscal Q2 2024, with growth of 165.2%; the weakest was fiscal Q4 2024, with a decline of 34.4%.
- According to Business Quant data, Free Cash Flow for the three prior fiscal quarters was $827 million (Q2 2026), $609 million (Q1 2026) and $1.82 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,023.53 Bn | 4,771.02 Bn | 54.77 Bn | 31.91 Bn |
| 2 | Cisco Systems | 434.59 Bn | 370.52 Bn | 11.06 Bn | 5.00 Bn |
| 3 | Dell Technologies | 303.32 Bn | 259.08 Bn | 9.83 Bn | 986.00 Mn |
| 4 | Arista Networks | 233.08 Bn | 186.53 Bn | 1.91 Bn | 1.05 Bn |
| 5 | Sandisk | 204.99 Bn | 193.51 Bn | 7.58 Bn | 7.08 Bn |
| 6 | Seagate Technology Holdings | 151.41 Bn | 146.40 Bn | 1.90 Bn | 1.12 Bn |
| 7 | Sony | 147.67 Bn | 84.93 Bn | 6.53 Bn | 2.10 Bn |
| 8 | Western Digital | 122.89 Bn | 111.02 Bn | 2.03 Bn | 1.28 Bn |
| 9 | Hewlett Packard Enterprise | 78.34 Bn | 56.22 Bn | 4.93 Bn | 896.00 Mn |
| 10 | Lumentum Holdings | 64.86 Bn | 56.67 Bn | 477.30 Mn | 196.20 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 896.00 Mn |
| Apr 30, 2026 | 827.00 Mn |
| Jan 31, 2026 | 609.00 Mn |
| Oct 31, 2025 | 1.82 Bn |
| Jul 31, 2025 | 729.00 Mn |
| Apr 30, 2025 | -1.01 Bn |
| Jan 31, 2025 | -918.00 Mn |
| Oct 31, 2024 | 1.42 Bn |
| Jul 31, 2024 | 611.00 Mn |
| Apr 30, 2024 | 533.00 Mn |
| Jan 31, 2024 | -592.00 Mn |
| Oct 31, 2023 | 2.17 Bn |
| Jul 31, 2023 | 854.00 Mn |
| Apr 30, 2023 | 201.00 Mn |
| Jan 31, 2023 | -1.62 Bn |
| Oct 31, 2022 | 2.04 Bn |
| Jul 31, 2022 | 481.00 Mn |
| Apr 30, 2022 | -346.00 Mn |
| Jan 31, 2022 | -700.00 Mn |
| Oct 31, 2021 | 2.19 Bn |
API Access
Hewlett Packard Enterprise Free Cash Flow 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=free-cash-flow&ticker=HPE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=HPE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();