Free cash flow
Hewlett Packard Enterprise Free cash flow decreased by 66.6% to $609.00M in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 166.3%, from -$918.00M to $609.00M. Over 4 years (FY 2021 to FY 2025), Free cash flow shows a downward trend with a -34.3% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
free_cash_flowHistorical Data
| 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 | $287.00M | $446.00M | $2.19B | -$700.00M | -$346.00M | $481.00M | $2.04B | -$1.62B | $201.00M | $854.00M | $2.17B | -$592.00M | $533.00M | $611.00M | $1.42B | -$918.00M | -$1.01B | $729.00M | $1.82B | $609.00M |
| QoQ Change | — | +55.4% | +390.1% | -132.0% | +50.6% | +239.0% | +323.3% | -179.7% | +112.4% | +324.9% | +153.9% | -127.3% | +190.0% | +14.6% | +132.7% | -164.6% | -9.8% | +172.3% | +150.2% | -66.6% |
| YoY Change | — | — | — | — | -220.6% | +7.8% | -6.9% | -131.9% | +158.1% | +77.5% | +6.5% | +63.5% | +165.2% | -28.5% | -34.4% | -55.1% | -289.1% | +19.3% | +28.3% | +166.3% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is Hewlett Packard Enterprise's free cash flow?
- Hewlett Packard Enterprise (HPE) reported free cash flow of $609.00M in Q4 2025.
- How has Hewlett Packard Enterprise's free cash flow changed year-over-year?
- Hewlett Packard Enterprise's free cash flow increased by 166.3% year-over-year, from -$918.00M to $609.00M.
- What is the long-term trend for Hewlett Packard Enterprise's free cash flow?
- Over 4 years (2021 to 2025), Hewlett Packard Enterprise's free cash flow has grown at a -34.3% compound annual growth rate (CAGR), from $3.37B to $627.00M.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.