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| 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 |