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
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