SuperworthHewlett Packard Enterprise free cash flow HPE
Cash from operations less capital spending, by quarter and over the last twelve months, from 2015.
- Last 12 months, to Jul 31, 2026
- $4.2B
- Latest quarter, Q3 FY26
- $896M
- +23% on a year earlier
- Fiscal year 2025
- $627M
- −68% on the year before
Hewlett Packard Enterprise's free cash flow was $4.2B over the twelve months to Jul 31, 2026, up 1747% on a year earlier.
In its latest quarter, Q3 FY26, it was $896M, up 23% on the same quarter a year before.
Free cash flow over time
Fiscal year by fiscal year
| Fiscal year | Free cash flow | Change |
|---|---|---|
| FY2025 | $627M | −68% |
| FY2024 | $2B | +23% |
| FY2023 | $1.6B | +9% |
| FY2022 | $1.5B | −56% |
| FY2021 | $3.4B | n/a |
| FY2020 | −$143M | −113% |
| FY2019 | $1.1B | +14163% |
| FY2018 | $8M | n/a |
| FY2017 | −$1.8B | −207% |
| FY2016 | $1.7B | +429% |
| FY2015 | $317M | n/a |
Each fiscal year is the twelve months to its fourth quarter.
Quarter by quarter
| Quarter | Ended | Free cash flow | On a year earlier | Last 12 months |
|---|---|---|---|---|
| Q3 FY26 | $896M | +23% | $4.2B | |
| Q2 FY26 | $827M | n/a | $4B | |
| Q1 FY26 | $609M | n/a | $2.2B | |
| Q4 FY25 | $1.8B | +28% | $627M | |
| Q3 FY25 | $729M | +19% | $225M | |
| Q2 FY25 | −$1B | −289% | $107M | |
| Q1 FY25 | −$918M | n/a | $1.6B | |
| Q4 FY24 | $1.4B | −34% | $2B | |
| Q3 FY24 | $611M | −28% | $2.7B | |
| Q2 FY24 | $533M | +165% | $3B | |
| Q1 FY24 | −$592M | n/a | $2.6B | |
| Q4 FY23 | $2.2B | +6% | $1.6B |
Against its peers
Companies in Computer Hardware nearest Hewlett Packard Enterprise's size, closest first, today.
| Company | Free cash flow yield |
|---|---|
| HPEHewlett Packard Enterprise | 5.5% |
| WDCWestern Digital | n/m |
| NTAPNetApp | 3.9% |
| PEverpure | 0.3% |
| STXSeagate Technology | 2.2% |
| SNDKSandisk | 6.3% |
| HPQHP | 12.8% |
| ANETArista Networks | 2.4% |
| SMCISuper Micro Computer | −32.2% |
| DELLDell Technologies | 2.9% |
| LOGILogitech International | 6.5% |
| Peer median | 2.9% |
Where Hewlett Packard Enterprise ranks
What the free cash flow tells you
Cash from operations minus capital spending. The cash the company could hand back or reinvest.
Seasonal and lumpy quarter to quarter. The TTM view is the one to trust.
More on Hewlett Packard Enterprise
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.