Income StatementBalance SheetCash FlowSegments
Hewlett Packard Enterprise logo

Hewlett Packard Enterprise Cash Flow Statement

Operating, investing, and financing cash movements

Hewlett Packard Enterprise generated $4.5B in operating cash flow over the trailing twelve months. After $2.3B in capital expenditures, free cash flow was $2.2B. Free cash flow increased 0.3% year-over-year. Based on the Q4 2025 filing.

Net Cash From Operating (TTM)$4.5BNet Cash From Investing (TTM)-$14.4BNet Cash From Financing (TTM)$10.4BCapital Expenditures (TTM)$2.3BDepreciation And Amortization Cf (TTM)$3.0BNet Change In Cash (TTM)$792.0M
Latest FilingQ4 2025
Report Date2026-03-10
Market Cap$42.6B

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt Borrowings, Net of Issuance Costs$9.1B$105.0M$152.0M$5.1B$3.9B$126.0M
Dividends paid$169.0M$171.0M$171.0M$171.0M$171.0M$190.0M
Payments of Ordinary Dividends, Preferred Stock and Preference Stock$0.0$25.0M$29.0M$29.0M$29.0M$29.0M
Other, net-$2.0M-$8.0M———-$8.0M
Proceeds from (Repayments of) Short-Term Debt—$9.0M-$20.0M$19.0M-$16.0M-$3.0M
Repayment of Long-Term Debt, Long-Term Lease Obligation, and Capital Security$2.7B$486.0M$575.0M$602.0M$5.2B$917.0M
Net cash from financing activities$7.7B-$797.0M-$695.0M$4.2B—-$1.4B
Proceeds from issuance of preferred stock$365.5M$0.0$0.0$0.0$0.0—
Repurchases of common stock$50.0M$52.0M$50.0M$0.0$100.0M$158.0M
Taxes paid for net share settlement$15.0M$169.0M$2.0M$58.0M$60.0M$173.0M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$608.0M$528.0M$547.0M$576.0M$641.0M$569.0M
Payments to Acquire Equity Securities, FV-NI$4.0M$0.0———$4.0M
Sale of investments$1.5M$1.0M———$2.0M
Sales of and distributions from equity method investments$535.8M$0.0$0.0$0.0$0.0—
Proceeds from disposition of property, plant and equipment/other$90.0M$84.0M$80.0M$90.0M$126.0M$66.0M
Net cash from investing activities—-$23.0M-$989.0M-$12.6B$0.0-$793.0M
Proceeds from sale of businesses$0.0$210.0M$0.0$0.0$0.0$0.0

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Change in accounts receivable—-$91.0M$463.0M$758.0M—-$274.0M
Change in income taxes payable/receivable$82.0M$49.0M-$85.0M-$69.0M-$95.0M$86.0M
Change in inventories$163.0M$811.0M-$376.0M-$1.8B-$398.0M$458.0M
Other working capital changes—$1.1B-$261.0M$120.0M-$1.0B$851.0M
Change in Finance Receivables$598.0M-$317.0M$292.0M$28.0M$150.0M-$70.0M
Deferred income taxes-$80.0M-$2.0M-$41.0M-$31.0M-$491.0M-$151.0M
Depreciation and amortization$640.0M$599.0M$574.0M$687.0M$877.0M$872.0M
Realized Gain (Loss) on Disposal of Equity Method Investment$183.3M$0.0$0.0$0.0$0.0—
Net cash from operating activities$2.0B-$390.0M-$461.0M$1.3B$2.5B$1.2B
Net income$1.4B$627.0M-$1.1B$305.0M$175.0M$452.0M
Amortization of inventory fair value adjustment$0.0$0.0———$31.0M
Cost reduction program—$0.0$146.0M$2.0M$127.0M$23.0M
Distributions of earnings from equity method investees$10.8M$0.0———$51.0M
Equity Securities, FV-NI, Realized Gain (Loss), Net-$3.3M-$36.8M-$36.8M-$36.8M-$36.8M—
Gain on sale of business and assets$0.0$244.0M$0.0$1.0M$3.0M$0.0
H3C divestiture related severance costs—$77.0M$20.0M$0.0$0.0$0.0
Equity in earnings (losses) of equity method investees$0.0$17.0M$25.0M$32.0M—$17.0M
Income (Loss) from Equity Method Investments, Gross$36.8M$22.5M$22.5M$22.5M$22.5M—
Accounts payable$925.0M-$264.0M-$1.4B-$897.0M-$873.0M$496.0M
Other Noncash Income (Expense)$0.0-$60.0M$19.0M-$115.0M-$25.0M-$23.0M
Provision for inventory and credit losses—$67.0M$123.0M$149.0M—$61.0M
Impairment of Goodwill and Other Intangibles$0.0———$200.0M—
Stock-based compensation$89.0M$154.0M$116.0M$177.0M$196.0M$216.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$1.4B-$918.0M-$1.0B$729.0M$1.8B$609.0M

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Effect of exchange rate changes on cash-$12.0M-$43.0M$81.0M-$29.0M-$30.0M$33.0M
Net increase (decrease) in cash$11.2B-$1.3B-$2.1B-$7.1B—-$934.0M
Payments For Collateral Posted—$0.0$638.0M$117.0M$9.0M$304.0M
Financial collateral received—$210.0M$77.0M$231.0M$63.0M$16.0M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Interest paid$193.0M$254.5M$254.5M$254.5M$254.5M—
Income Taxes Paid, Net$62.0M$106.3M$106.3M$106.3M$106.3M—