Hewlett Packard Enterprise (HPE) Free Cash Flow (2015 - 2026)

Hewlett Packard Enterprise (HPE) reported Free Cash Flow of $609.0 million for Q1 2026, up 166.34% on a YoY basis from $228.7 million in Q1 2025, and down 66.61% sequentially from $1.8 billion in Q4 2025.

Hewlett Packard Enterprise (HPE) Free Cash Flow (2015 - 2026) Analysis & Trends

Hewlett Packard Enterprise (HPE) has 12 years of Free Cash Flow data on file, last reported at $609.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Free Cash Flow rose 166.34% year-over-year to $609.0 million; the trailing twelve-month figure through Jan 2026 stood at $2.2 billion (up 30.7% YoY), and the FY2025 full-year result was $627.0 million, down 68.24% from the prior year.
  • Free Cash Flow eased to $609.0 million in Q1 2026, 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.
  • A 5-year average of $369.5 million and a median of $533.0 million in 2024 frame the typical range for Free Cash Flow.
  • Across the five-year window, Free Cash Flow sank 289.12% in 2025 and surged 166.34% in 2026, its largest moves.
  • Tracing HPE's Free Cash Flow over 5 years: stood at $2.0 billion in 2022, then climbed by 6.48% to $2.2 billion in 2023, then tumbled by 34.41% to $1.4 billion in 2024, then gained by 28.27% to $1.8 billion in 2025, then slumped by 66.61% to $609.0 million in 2026.
  • Business Quant data shows HPE's Free Cash Flow at $609.0 million in Q1 2026, $1.8 billion in Q4 2025, and $729.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Cisco Systems 451.08 Bn 434.44 Bn 10.08 Bn 3.34 Bn
2 Motorola Solutions 70.74 Bn 69.86 Bn 1.36 Bn 389.00 Mn
3 Hewlett Packard Enterprise 63.04 Bn 58.20 Bn 9.10 Bn 609.00 Mn
4 Ciena 52.59 Bn 51.29 Bn 625.52 Mn 212.74 Mn
5 Lumentum Holdings 50.49 Bn 47.32 Bn 357.00 Mn 79.10 Mn
6 Nokia 48.82 Bn 41.52 Bn 9.86 Bn -
7 Ubiquiti 32.26 Bn 31.89 Bn 370.71 Mn 162.23 Mn
8 Ericsson Lm Telephone 31.92 Bn 26.24 Bn 2.53 Bn 664.31 Mn
9 AST SpaceMobile 16.59 Bn 16.59 Bn 3.67 Mn -309.66 Mn
10 Zebra Technologies 12.94 Bn 12.82 Bn 742.00 Mn 163.00 Mn

Historic Data

Download Data
DateValue
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