Investing
CapEx
Hewlett Packard Enterprise CapEx decreased by 11.2% to $569.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 7.8%, from $528.00M to $569.00M. Over 4 years (FY 2021 to FY 2025), CapEx shows relatively stable performance with a -2.2% CAGR.
Analysis
StatementCash Flow Statement
SectionInvesting
CategoryGrowth
SignalContext dependent
VolatilityModerate
First reportedQ1 2013
Last reportedQ1 2026
How to read this metric
An increase signals growth investment or infrastructure modernization; a decrease might suggest cost-cutting or a transition to an asset-light model.
Detailed definition
Funds used by a company to acquire, upgrade, and maintain physical assets such as property, plants, buildings, technolog...
Peer comparison
Hardware-focused tech firms typically have higher CapEx relative to revenue than pure software companies due to manufacturing and supply chain needs.
Metric ID:
capital_expendituresHistorical Data
20 periods
| Q1 '21 | Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $535.00M | $684.00M | $770.00M | $624.00M | $725.00M | $773.00M | $1.00B | $794.00M | $688.00M | $671.00M | $675.00M | $656.00M | $560.00M | $543.00M | $608.00M | $528.00M | $547.00M | $576.00M | $641.00M | $569.00M |
| QoQ Change | — | +27.9% | +12.6% | -19.0% | +16.2% | +6.6% | +29.4% | -20.6% | -13.4% | -2.5% | +0.6% | -2.8% | -14.6% | -3.0% | +12.0% | -13.2% | +3.6% | +5.3% | +11.3% | -11.2% |
| YoY Change | — | — | — | — | +35.5% | +13.0% | +29.9% | +27.2% | -5.1% | -13.2% | -32.5% | -17.4% | -18.6% | -19.1% | -9.9% | -19.5% | -2.3% | +6.1% | +5.4% | +7.8% |
Range$528.00M – $1.00B
CAGR+1.3%
Avg YoY Growth-0.8%
Median YoY Growth-3.7%
CapEx at Other Companies
Frequently Asked Questions
- What is Hewlett Packard Enterprise's capex?
- Hewlett Packard Enterprise (HPE) reported capex of $569.00M in Q4 2025.
- How has Hewlett Packard Enterprise's capex changed year-over-year?
- Hewlett Packard Enterprise's capex increased by 7.8% year-over-year, from $528.00M to $569.00M.
- What is the long-term trend for Hewlett Packard Enterprise's capex?
- Over 4 years (2021 to 2025), Hewlett Packard Enterprise's capex has grown at a -2.2% compound annual growth rate (CAGR), from $2.50B to $2.29B.
- What does capex mean?
- The money spent on long-term physical assets like machinery, data centers, and office buildings.