What is Hewlett Packard Enterprise's capex?

Hewlett Packard Enterprise (HPE) reported capex of $583M in Q1 2026.

How has Hewlett Packard Enterprise's capex changed year-over-year?

Hewlett Packard Enterprise's capex increased by 6.6% year-over-year, from $547M to $583M.

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 $2.5B to $2.29B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Hewlett Packard Enterprise HPE CapEx

CapEx at other companies

Cabot CorporationCBT

$45M-37.5%

UnifirstUNF

$38.4M+18.1%

HES

Hess MidstreamHESM

$28.8M-36.7%

Warrior Met CoalHCC

$80.13M+17.0%

Travel + LeisureTNL

$19M-9.5%

MYR GroupMYRG

$16.13M+23.5%

Other financials

Income statement

See full

Revenue$10.7B+40.0%

Operating income$747.0M+167%

Net income$624.0M+159%

EPS (diluted)$0.44+154%

Balance sheet

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Cash & equivalents$5.4B-54.6%

Total debt$23.5B+40.3%

Total equity$25.3B+6.0%

Total assets$79.5B+17.2%

Cash flow

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Operating cash flow$1.4B+406%

Free cash flow$827.0M+182%

Valuation

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Market cap$61.87B+163%

Enterprise value$80.01B+180%

P/E39.8×+23.6×

P/S1.6×+0.8×

Profitability

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Gross margin31.4%—

Operating margin3.8%+2.0pp

Net margin4%-0.6pp

FCF margin10.3%+9.9pp

Returns & leverage

See full

Return on equity6.3%-0.1pp

Debt / equity0.9×+0.2×

Current ratio1.1×-0.2×

Where this comes from

Reported directly by Hewlett Packard Enterprise in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: Hewlett Packard Enterprise’s 10-Q, filed June 2, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hewlett Packard Enterprise's capex?: Hewlett Packard Enterprise (HPE) reported capex of $583M in Q1 2026.
How has Hewlett Packard Enterprise's capex changed year-over-year?: Hewlett Packard Enterprise's capex increased by 6.6% year-over-year, from $547M to $583M.
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 $2.5B to $2.29B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.