Hewlett Packard Enterprise (HPE) Free Cash Flow (2015 - 2026)
Hewlett Packard Enterprise's (HPE) quarterly Free Cash Flow came in at $609.0 million in Q1 2026, up 166.34% year-on-year from $228.7 million in Q1 2025, and down 66.61% quarter-over-quarter from $1.8 billion in Q4 2025.
Hewlett Packard Enterprise (HPE) Free Cash Flow (2015 - 2026) Analysis & Trends
Hewlett Packard Enterprise has disclosed Free Cash Flow across 12 years of filings, most recently posting $609.0 million for Q1 2026.
- Free Cash Flow for Q1 2026 came in at $609.0 million, up 166.34% year-over-year; the trailing twelve-month figure through Jan 2026 was $2.2 billion (up 30.7% YoY), and the FY2025 annual result was $627.0 million, down 68.24% from the prior year.
- Free Cash Flow came in at $609.0 million for Q1 2026 at Hewlett Packard Enterprise, down from $1.8 billion in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $2.2 billion in Q4 2023 to a low of -$1.6 billion in Q1 2023.
- The 5-year median for Free Cash Flow is $533.0 million (2024), against an average of $369.5 million.
- Across the five-year window, Free Cash Flow tumbled 289.12% in 2025 and surged 166.34% in 2026, its largest moves.
- Hewlett Packard Enterprise's Free Cash Flow stood at $2.0 billion in 2022, then grew by 6.48% to $2.2 billion in 2023, then slumped by 34.41% to $1.4 billion in 2024, then advanced by 28.27% to $1.8 billion in 2025, then sank by 66.61% to $609.0 million in 2026.
- The last three Free Cash Flow figures came in at $609.0 million (Q1 2026), $1.8 billion (Q4 2025), and $729.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Cisco Systems | 480.96 Bn | 464.32 Bn | 10.08 Bn | 3.34 Bn |
| 2 | Ciena | 69.17 Bn | 67.87 Bn | 625.52 Mn | 153.76 Mn |
| 3 | Motorola Solutions | 68.03 Bn | 67.17 Bn | 1.36 Bn | 389.00 Mn |
| 4 | Hewlett Packard Enterprise | 65.63 Bn | 60.79 Bn | 8.25 Bn | 609.00 Mn |
| 5 | Lumentum Holdings | 61.32 Bn | 58.15 Bn | 357.00 Mn | 79.10 Mn |
| 6 | Ubiquiti | 34.34 Bn | 33.97 Bn | 370.71 Mn | 155.35 Mn |
| 7 | AST SpaceMobile | 27.21 Bn | 27.79 Bn | -69.36 Mn | -309.66 Mn |
| 8 | Applied Optoelectronics | 13.45 Bn | 13.01 Bn | 43.92 Mn | -143.58 Mn |
| 9 | Zebra Technologies | 11.38 Bn | 11.26 Bn | 742.00 Mn | 163.00 Mn |
| 10 | Viavi Solutions | 10.76 Bn | 10.75 Bn | 234.10 Mn | -32.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 609.00 Mn |
| Jan 31, 2026 | 609.00 Mn |
| Oct 31, 2025 | 1.82 Bn |
| Oct 31, 2025 | 1.82 Bn |
| Jul 31, 2025 | 729.00 Mn |
| Jul 31, 2025 | 729.00 Mn |
| Apr 30, 2025 | -1.01 Bn |
| Apr 30, 2025 | -1.01 Bn |
| Jan 31, 2025 | -918.00 Mn |
| Jan 31, 2025 | -918.00 Mn |
| Oct 31, 2024 | 1.42 Bn |
| Oct 31, 2024 | 1.42 Bn |
| Jul 31, 2024 | 611.00 Mn |
| Jul 31, 2024 | 611.00 Mn |
| Apr 30, 2024 | 533.00 Mn |
| Apr 30, 2024 | 533.00 Mn |
| Jan 31, 2024 | -592.00 Mn |
| Jan 31, 2024 | -592.00 Mn |
| Oct 31, 2023 | 2.17 Bn |
| Oct 31, 2023 | 2.17 Bn |