What is Hewlett Packard Enterprise Company's earnings per share (EPS)?

Hewlett Packard Enterprise Company (HPE) reported diluted earnings per share of -$0.04 for fiscal year 2025. This represents a -102.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Hewlett Packard Enterprise Company (HPE) Financials

HPE

Trailing 12 months to July 31, 2026

Revenue $41.9B +26.6% YoY

Net Income $2.8B +123.6% YoY

EPS (Diluted) $1.93 +129.8% YoY

Free Cash Flow $4.2B +1747.1% YoY

Market Cap $93.7B as of Oct 6, 2026

Price / Sales 2.2x on $41.9B revenue, trailing 12 months to July 31, 2026

Price / Earnings 33.6x on $2.8B net income, trailing 12 months to July 31, 2026

Price / Book 3.5x on $26.5B equity, Q3 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 6, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q3 FY2026, ended Jul 31, 2026 Reported Sep 3, 2026 Currency USD FYE October

Newest figures come from the 10-Q for Q3 FY2026, filed Sep 3, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HPE SEC filings page.

Hewlett Packard Enterprise Company (HPE) reported $41.9B in revenue over the twelve months to Jul 31, 2026, up 26.6% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 13 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI HPE FY2025 2026-10-04

HPE's 2025 growth came with sharply weaker operating economics, heavier debt, and cash generation increasingly dependent on non-cash charges.

FY2025 revenue increased 13.8% to $34.3B, but operating profitability turned negative. Free-cash-flow margin also compressed to 1.8% from 6.6%, showing that added scale did not improve cash economics.

Operating cash flow of $2.9B dwarfed net income of $57M in FY2025, so reported profit was a poor proxy for cash generation. Depreciation and amortization of $2.7B helped bridge that gap, yet free cash flow was only $627M after reinvestment.

Debt-to-equity rose from 0.5x in FY2021 to 0.7x in FY2025, indicating greater leverage. Over the same span, goodwill grew from $18.3B to $23.8B, so much of the balance-sheet expansion sits in an intangible balance rather than directly observable operating assets.

Financial Health Signals

Financial Health Score 35/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Hewlett Packard Enterprise Company's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Hewlett Packard Enterprise Company has an operating margin of -1.3%, meaning the company loses $1 on every $100 of revenue. This results in a profitability score of 41/100. This is down from 7.3% the prior year.

Growth

Hewlett Packard Enterprise Company's revenue grew 13.8% year-over-year to $34.3B, a solid pace of expansion. This earns a growth score of 61/100.

Leverage

Hewlett Packard Enterprise Company has elevated debt relative to equity (D/E of 0.72), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 11/100, reflecting increased financial risk.

Liquidity

Hewlett Packard Enterprise Company's current ratio of 1.01 is below the typical benchmark, resulting in a score of 19/100. This tight liquidity could limit financial flexibility if cash inflows slow.

Cash Flow

While Hewlett Packard Enterprise Company generated $2.9B in operating cash flow, capex of $2.3B consumed most of it, leaving $627.0M in free cash flow. This results in a low score of 40/100, reflecting heavy capital investment rather than weak cash generation.

Returns

Hewlett Packard Enterprise Company's ROE of 0.2% shows moderate profitability relative to equity, earning a score of 40/100. This is down from 10.4% the prior year.

Altman Z-Score Distress

1.48

Hewlett Packard Enterprise Company scores 1.48, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($93.7B) relative to total liabilities ($51.2B). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

4/8

Hewlett Packard Enterprise Company passes 4 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.

Earnings Quality Cash-Backed

N/A

Hewlett Packard Enterprise Company reported $57.0M of net income while generating $2.9B in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead.

Interest Coverage At Risk

N/A

Hewlett Packard Enterprise Company reported an operating loss of $437.0M against $1.1B in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$12.2B

YoY+33.7%

QoQ+14.4%

5Y CAGR+12.1%

10Y CAGR+4.3%

Hewlett Packard Enterprise Company generated $12.2B in revenue in Q3 2026. This represents an increase of 33.7% from the same quarter a year earlier. Against the prior quarter it is up 14.4%.

EBITDA

$2.3B

YoY+141.6%

QoQ+39.0%

5Y CAGR+19.5%

10Y CAGR-4.6%

Hewlett Packard Enterprise Company's EBITDA was $2.3B in Q3 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 141.6% from the same quarter a year earlier. Against the prior quarter it is up 39.0%.

Net Income

$1.5B

YoY+404.9%

QoQ+146.8%

5Y CAGR+31.5%

Hewlett Packard Enterprise Company reported $1.5B in net income in Q3 2026. This represents an increase of 404.9% from the same quarter a year earlier. Against the prior quarter it is up 146.8%.

EPS (Diluted)

$1.06

YoY+404.8%

QoQ+140.9%

5Y CAGR+29.6%

10Y CAGR-2.2%

Hewlett Packard Enterprise Company earned $1.06 per diluted share (EPS) in Q3 2026. This represents an increase of 404.8% from the same quarter a year earlier. Against the prior quarter it is up 140.9%.

Cash & Balance Sheet

Free Cash Flow

$896.0M

YoY+22.9%

QoQ+8.3%

5Y CAGR+15.0%

10Y CAGR+0.5%

Hewlett Packard Enterprise Company generated $896.0M in free cash flow in Q3 2026, representing cash available after capex. This represents an increase of 22.9% from the same quarter a year earlier. Against the prior quarter it is up 8.3%.

Cash & Debt

$6.2B

YoY+36.0%

QoQ+17.5%

5Y CAGR+3.3%

10Y CAGR-5.3%

Hewlett Packard Enterprise Company held $6.2B in cash against $17.3B in long-term debt as of Q3 2026.

Dividends Per Share

$0.14

YoY+9.6%

QoQ0.0%

5Y CAGR+3.5%

Hewlett Packard Enterprise Company paid $0.14 per share in dividends in Q3 2026. This represents an increase of 9.6% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

1.33B

YoY+0.6%

QoQ+0.2%

5Y CAGR+0.3%

10Y CAGR-2.2%

Hewlett Packard Enterprise Company had 1.33B shares outstanding in Q3 2026. This represents an increase of 0.6% from the same quarter a year earlier. Against the prior quarter it is up 0.2%.

Margins & Returns

Operating Margin

11.4%

YoY+8.7pp

QoQ+4.4pp

5Y change+7.3pp

10Y change-21.6pp

Hewlett Packard Enterprise Company's operating margin was 11.4% in Q3 2026, reflecting core business profitability. This is up 8.7 percentage points from the same quarter a year earlier. Against the prior quarter it is up 4.4 percentage points.

Net Margin

12.6%

YoY+9.3pp

QoQ+6.8pp

5Y change+6.9pp

Hewlett Packard Enterprise Company's net profit margin was 12.6% in Q3 2026, showing the share of revenue converted to profit. This is up 9.3 percentage points from the same quarter a year earlier. Against the prior quarter it is up 6.8 percentage points.

Return on Equity

5.8%

YoY+4.6pp

QoQ+3.3pp

5Y change+3.5pp

Hewlett Packard Enterprise Company's ROE was 5.8% in Q3 2026, measuring profit generated per dollar of shareholder equity. This is up 4.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 3.3 percentage points.

Gross Margin

Not reported for Q3 2026.

Capital Allocation

R&D Spending

$1.2B

YoY+86.2%

QoQ+25.6%

5Y CAGR+18.0%

Hewlett Packard Enterprise Company invested $1.2B in research and development in Q3 2026. This represents an increase of 86.2% from the same quarter a year earlier. Against the prior quarter it is up 25.6%.

Share Buybacks

$135.0M

QoQ-12.3%

10Y CAGR-21.1%

Hewlett Packard Enterprise Company spent $135.0M on share buybacks in Q3 2026, returning capital to shareholders by reducing shares outstanding. Against the prior quarter it is down 12.3%.

Capital Expenditures

$745.0M

YoY+29.3%

QoQ+27.8%

5Y CAGR+1.7%

10Y CAGR-1.4%

Hewlett Packard Enterprise Company invested $745.0M in capex in Q3 2026, funding long-term assets and infrastructure. This represents an increase of 29.3% from the same quarter a year earlier. Against the prior quarter it is up 27.8%.

HPE Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

HPE quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Revenue	$41.9B	$34.3B+13.8%	$30.1B+3.4%	$29.1B+2.2%	$28.5B+2.6%	$27.8B+3.0%	$27.0B-7.4%	$29.1B-5.6%	$30.9B+6.9%	$28.9B-4.7%	$30.3B-2.6%	$31.1B-43.6%	$55.1B-3.9%	$57.4B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$14.1B+10.7%	$12.7B-2.5%	$13.0B-1.9%	$13.3B+7.3%	$12.4B+0.3%	$12.4B
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	$16.8B+3.8%	$16.2B-6.3%	$17.2B-3.1%	$17.8B-58.4%	$42.7B-5.1%	$45.0B
R&D Expenses	$3.7B	$2.5B+12.1%	$2.2B-4.4%	$2.3B+14.9%	$2.0B+3.3%	$2.0B+5.6%	$1.9B+1.7%	$1.8B+10.5%	$1.7B+11.9%	$1.5B-13.1%	$1.7B+2.3%	$1.7B-23.7%	$2.2B+12.3%	$2.0B
SG&A Expenses	$7.1B	$5.7B+17.1%	$4.9B-5.6%	$5.2B+4.4%	$4.9B+0.2%	$4.9B+6.6%	$4.6B-5.8%	$4.9B-0.3%	$4.9B-1.8%	$5.0B-6.8%	$5.4B+4.6%	$5.1B-41.0%	$8.7B+1.3%	$8.6B
Operating Income	$2.6B	-$437.0M-120.0%	$2.2B+4.8%	$2.1B+167.1%	$782.0M-30.9%	$1.1B+444.1%	-$329.0M-125.8%	$1.3B-26.7%	$1.7B+208.0%	$564.0M-85.5%	$3.9B+100.6%	$1.9B-16.7%	$2.3B-20.9%	$3.0B
EBITDA	N/A	$2.3B-51.6%	$4.8B+1.0%	$4.7B+44.2%	$3.3B-12.5%	$3.7B+62.4%	$2.3B-39.7%	$3.8B-11.7%	$4.3B+19.3%	$3.6B-52.9%	$7.7B+30.3%	$5.9B-9.0%	$6.5B-11.8%	$7.3B
Interest Expense	N/A	$1.1B+41.3%	$777.0M+9.6%	$709.0M+50.5%	$471.0M-6.0%	$501.0M-16.9%	$603.0M-0.8%	$608.0M-3.6%	$631.0M+5.3%	$599.0M+9.5%	$547.0M+119.7%	$249.0M-22.7%	$322.0M-12.7%	$369.0M
Income Tax	-$158.0M	-$342.0M-191.4%	$374.0M+82.4%	$205.0M+2462.5%	$8.0M-95.0%	$160.0M+233.3%	-$120.0M-123.8%	$504.0M+128.9%	-$1.7B-963.4%	-$164.0M-126.3%	$623.0M+188.4%	-$705.0M-218.3%	$596.0M-27.3%	$820.0M
Net Income	$2.8B	$57.0M-97.8%	$2.6B+27.4%	$2.0B+133.3%	$868.0M-74.7%	$3.4B+1164.3%	-$322.0M-130.7%	$1.0B-45.0%	$1.9B+454.7%	$344.0M-89.1%	$3.2B+28.4%	$2.5B+49.3%	$1.6B-19.6%	$2.1B
EPS (Basic)	N/A	-$0.04-102.1%	$1.95+25.0%	$1.56+132.8%	$0.67-74.4%	$2.62+1148.0%	-$0.25-132.1%	$0.78-37.6%	$1.25+495.2%	$0.21-88.6%	$1.84+35.3%	$1.36+49.5%	$0.91-20.2%	$1.14
EPS (Diluted)	$1.93	-$0.04-102.1%	$1.93+25.3%	$1.54+133.3%	$0.66-74.4%	$2.58+1132.0%	-$0.25-132.5%	$0.77-37.4%	$1.23+485.7%	$0.21-88.5%	$1.82+35.8%	$1.34+48.9%	$0.90-19.6%	$1.12
Diluted Shares (Avg)	N/A	1.32B-1.0%	1.34B+1.6%	1.32B-0.5%	1.32B-0.6%	1.33B+2.8%	1.29B-5.3%	1.37B-12.0%	1.55B-7.2%	1.67B-3.7%	1.74B-5.2%	1.83B0.0%	1.83B0.0%	1.83B

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Revenue	$12.2B+33.7%	$10.7B+40.0%	$9.3B+18.4%	$9.7B+14.4%	$9.1B+18.5%	$7.6B+5.9%	$7.9B+16.3%	$8.5B+15.1%
R&D Expenses	$1.2B+86.2%	$922.0M+70.7%	$744.0M+56.6%	$881.0M+67.2%	$622.0M+13.7%	$540.0M-8.5%	$475.0M-18.4%	$527.0M-8.8%
SG&A Expenses	$2.0B+31.1%	$1.8B+41.0%	$1.7B+33.9%	$1.6B+35.6%	$1.5B+21.7%	$1.3B+6.8%	$1.3B+4.3%	$1.2B-9.1%
Operating Income	$1.4B+464.0%	$747.0M+167.4%	$470.0M+8.5%	-$8.0M-101.2%	$247.0M-54.8%	-$1.1B-360.9%	$433.0M-17.5%	$693.0M+36.7%
EBITDA	$2.3B+141.6%	$1.6B+403.6%	$1.3B+30.0%	$869.0M-34.8%	$934.0M-20.3%	-$535.0M-150.1%	$1.0B-12.7%	$1.3B+14.7%
Income Tax	$222.0M+1405.9%	$75.0M+1400.0%	-$19.0M-117.9%	-$436.0M-954.9%	-$17.0M-117.7%	$5.0M-96.2%	$106.0M+10.4%	$51.0M+154.8%
Net Income	$1.5B+404.9%	$624.0M+159.4%	$452.0M-27.9%	$175.0M-87.2%	$305.0M-40.4%	-$1.1B-434.4%	$627.0M+62.0%	$1.4B+112.8%
EPS (Basic)	$1.13+438.1%	$0.45+154.9%	$0.32-28.9%	$0.12-88.2%	$0.21-46.2%	-$0.82-441.7%	$0.45+50.0%	$1.02+104.0%
EPS (Diluted)	$1.06+404.8%	$0.44+153.7%	$0.31-29.5%	$0.12-88.1%	$0.21-44.7%	-$0.82-441.7%	$0.44+51.7%	$1.01+106.1%
Diluted Shares (Avg)	1.45B+2.0%	1.43B+8.3%	1.36B-3.8%	N/A	1.42B+6.7%	1.32B-0.2%	1.41B+7.1%	N/A

Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, Interest Expense.

HPE Balance Sheet

HPE quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Total Assets	$75.9B+6.5%	$71.3B+24.7%	$57.2B+0.1%	$57.1B-1.0%	$57.7B+6.8%	$54.0B+4.3%	$51.8B-6.6%	$55.5B-9.6%	$61.4B-22.9%	$79.6B-0.4%	$79.9B+22.8%	$65.1B	N/A
Current Assets	$25.0B-25.3%	$33.5B+76.6%	$18.9B-7.6%	$20.5B+8.6%	$18.9B+14.0%	$16.6B+9.3%	$15.1B-12.3%	$17.3B-19.5%	$21.4B-25.8%	$28.9B-3.5%	$30.0B+36.0%	$22.0B	N/A
Cash & Equivalents	$5.8B-61.1%	$14.8B+247.7%	$4.3B+2.6%	$4.2B+4.2%	$4.0B-5.6%	$4.2B+12.8%	$3.8B-23.1%	$4.9B-49.1%	$9.6B-26.2%	$13.0B+32.0%	$9.8B+324.4%	$2.3B+6.3%	$2.2B
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$6.4B-18.7%	$7.8B+69.5%	$4.6B-10.7%	$5.2B+14.4%	$4.5B+68.7%	$2.7B+12.0%	$2.4B-2.5%	$2.4B+5.7%	$2.3B+34.6%	$1.7B-21.7%	$2.2B+16.7%	$1.9B	N/A
Accounts Receivable	$5.3B+49.0%	$3.5B+2.0%	$3.5B-15.1%	$4.1B+3.1%	$4.0B+17.5%	$3.4B+14.5%	$3.0B-9.4%	$3.3B+6.2%	$3.1B-2.5%	$3.2B-63.1%	$8.5B+1.4%	$8.4B	N/A
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$23.8B+31.4%	$18.1B+0.5%	$18.0B+3.4%	$17.4B-4.9%	$18.3B+1.6%	$18.0B-1.6%	$18.3B+4.4%	$17.5B+0.1%	$17.5B+8.9%	$16.1B-15.1%	$18.9B-27.0%	$26.0B+0.1%	$25.9B
Total Liabilities	$51.2B+10.3%	$46.4B+29.1%	$36.0B-3.5%	$37.3B-1.2%	$37.7B-0.6%	$38.0B+9.4%	$34.7B+1.3%	$34.3B-9.7%	$37.9B-21.3%	$48.2B+3.9%	$46.4B+63.9%	$28.3B	N/A
Current Liabilities	$24.6B-5.1%	$26.0B+18.7%	$21.9B-5.6%	$23.2B+12.0%	$20.7B+10.4%	$18.7B-2.2%	$19.2B+11.4%	$17.2B-9.1%	$18.9B-16.0%	$22.5B+2.4%	$22.0B+11.3%	$19.8B	N/A
Non-Current Liabilities	$26.6B+29.8%	$20.5B+45.3%	$14.1B0.0%	$14.1B-17.3%	$17.0B-11.4%	$19.2B+23.7%	$15.5B-8.9%	$17.1B-10.3%	$19.0B-25.9%	$25.7B+5.2%	$24.4B+185.7%	$8.5B	N/A
Long-Term Debt	$17.8B+31.5%	$13.5B+80.4%	$7.5B-4.7%	$7.9B-20.6%	$9.9B-18.8%	$12.2B+29.7%	$9.4B-7.3%	$10.1B-0.5%	$10.2B-16.3%	$12.2B-19.4%	$15.1B+3014.0%	$485.0M	N/A
Total Equity	$24.7B-0.5%	$24.8B+17.2%	$21.2B+6.6%	$19.9B-0.5%	$20.0B+24.4%	$16.0B-6.1%	$17.1B-19.5%	$21.2B-9.5%	$23.5B-25.4%	$31.4B-6.2%	$33.5B-8.8%	$36.8B-4.2%	$38.4B
Retained Earnings	-$2.8B-35.9%	-$2.1B+47.6%	-$3.9B+26.2%	-$5.3B+4.4%	-$5.6B+33.2%	-$8.4B-9.7%	-$7.6B-29.4%	-$5.9B+18.5%	-$7.2B-360.2%	$2.8B	$0	$0	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Total Assets	$83.6B+8.1%	$79.5B+17.2%	$75.8B+7.7%	$75.9B+6.5%	$77.3B+27.1%	$67.9B+13.6%	$70.3B+20.0%	$71.3B+24.7%
Current Assets	$33.9B+30.2%	$29.4B-7.0%	$25.2B-23.7%	$25.0B-25.3%	$26.0B+16.1%	$31.6B+47.3%	$33.0B+63.1%	$33.5B+76.6%
Cash & Equivalents	$6.2B+36.0%	$5.3B-54.6%	$4.8B-64.0%	$5.8B-61.1%	$4.6B+25.5%	$11.7B+336.0%	$13.4B+257.4%	$14.8B+247.7%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Inventory	$11.8B+65.1%	$9.0B+11.6%	$6.9B-19.4%	$6.4B-18.7%	$7.2B-6.7%	$8.1B+10.5%	$8.6B+41.8%	$7.8B+69.5%
Accounts Receivable	$6.2B+9.4%	$6.3B+61.2%	$4.9B+42.9%	$5.3B+49.0%	$5.7B+46.6%	$3.9B+1.5%	$3.5B-8.8%	$3.5B+2.0%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	$23.9B+0.6%	$23.8B+42.5%	$23.8B+31.7%	$23.8B+31.4%	$23.8B+32.1%	$16.7B-7.0%	$18.1B+0.5%	$18.1B+0.5%
Total Liabilities	$57.1B+7.8%	$54.2B+23.3%	$51.0B+13.1%	$51.2B+10.3%	$52.9B+36.5%	$44.0B+15.7%	$45.1B+21.3%	$46.4B+29.1%
Current Liabilities	$30.4B+11.3%	$27.0B+9.9%	$24.4B-2.2%	$24.6B-5.1%	$27.3B+14.6%	$24.5B+3.3%	$24.9B+10.0%	$26.0B+18.7%
Non-Current Liabilities	$26.6B+4.1%	$27.2B+40.1%	$26.6B+31.9%	$26.6B+29.8%	$25.6B+71.6%	$19.4B+36.2%	$20.2B+38.8%	$20.5B+45.3%
Long-Term Debt	$17.3B+2.9%	$18.2B+47.3%	$17.7B+33.4%	$17.8B+31.5%	$16.9B+112.3%	$12.4B+65.3%	$13.3B+69.3%	$13.5B+80.4%
Total Equity	$26.5B+8.7%	$25.3B+6.0%	$24.8B-1.8%	$24.7B-0.5%	$24.4B+10.5%	$23.9B+10.1%	$25.2B+17.8%	$24.8B+17.2%
Retained Earnings	-$948.0M+66.0%	-$2.2B+23.5%	-$2.6B-57.9%	-$2.8B-35.9%	-$2.8B+14.0%	-$2.9B+19.3%	-$1.6B+56.0%	-$2.1B+47.6%

HPE Cash Flow Statement

HPE quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Operating Cash Flow	$6.7B	$2.9B-32.8%	$4.3B-2.0%	$4.4B-3.6%	$4.6B-21.8%	$5.9B+162.1%	$2.2B-44.0%	$4.0B+34.9%	$3.0B+122.0%	$1.3B-73.6%	$5.1B+38.1%	$3.7B-47.0%	$6.9B-20.9%	$8.7B
Depreciation & Amortization	N/A	$2.7B+6.7%	$2.6B-2.0%	$2.6B+5.5%	$2.5B-4.5%	$2.6B-1.1%	$2.6B+3.6%	$2.5B-1.6%	$2.6B-15.6%	$3.1B-19.2%	$3.8B-4.4%	$3.9B-4.8%	$4.1B-5.7%	$4.4B
Stock-Based Compensation	N/A	$643.0M+49.5%	$430.0M+0.5%	$428.0M+9.5%	$391.0M+2.4%	$382.0M+39.4%	$274.0M+2.2%	$268.0M-6.3%	$286.0M-33.2%	$428.0M-23.3%	$558.0M-1.2%	$565.0M+32.3%	$427.0M+14.2%	$374.0M
Capital Expenditures	$2.5B	$2.3B-3.2%	$2.4B-16.3%	$2.8B-9.4%	$3.1B+24.8%	$2.5B+5.0%	$2.4B-16.6%	$2.9B-3.4%	$3.0B-5.8%	$3.1B-4.4%	$3.3B-1.9%	$3.3B-7.6%	$3.6B+45.0%	$2.5B
Free Cash Flow	$4.2B	$627.0M-68.2%	$2.0B+23.4%	$1.6B+8.8%	$1.5B-56.3%	$3.4B+2455.9%	-$143.0M-112.5%	$1.1B+14162.5%	$8.0M+100.4%	-$1.8B-201.5%	$1.8B+460.3%	$317.0M-90.4%	$3.3B-47.3%	$6.2B
Investing Cash Flow	$229.0M	-$13.2B-24786.8%	-$53.0M+98.4%	-$3.3B-57.4%	-$2.1B+25.4%	-$2.8B-8.5%	-$2.6B+25.4%	-$3.5B-83.9%	-$1.9B+64.9%	-$5.3B-1376.6%	$419.0M+107.7%	-$5.4B-82.0%	-$3.0B	N/A
Financing Cash Flow	-$5.3B	$1.0B-83.4%	$6.3B+561.3%	-$1.4B+24.2%	-$1.8B+46.6%	-$3.4B-481.0%	$883.0M+157.0%	-$1.5B+72.3%	-$5.6B-3509.8%	$164.0M+107.0%	-$2.3B-125.1%	$9.3B+344.1%	-$3.8B	N/A
Dividends Paid	$739.0M	$684.0M+1.2%	$676.0M+9.2%	$619.0M-0.3%	$621.0M-0.6%	$625.0M+1.1%	$618.0M+1.6%	$608.0M+6.7%	$570.0M+33.2%	$428.0M+14.7%	$373.0M	N/A	N/A	N/A
Share Buybacks	$547.0M	$202.0M+34.7%	$150.0M-64.4%	$421.0M-17.8%	$512.0M+140.4%	$213.0M-40.0%	$355.0M-84.2%	$2.2B-37.0%	$3.6B+39.6%	$2.6B-4.0%	$2.7B	$0	$0	N/A

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Cash Flow	$1.6B+25.7%	$1.4B+405.9%	$1.2B+402.1%	$2.5B+21.4%	$1.3B+13.1%	-$461.0M-142.2%	-$390.0M-709.4%	$2.0B-28.6%
Depreciation & Amortization	$864.0M+25.8%	$877.0M+52.8%	$872.0M+45.6%	$877.0M+37.0%	$687.0M+9.9%	$574.0M-10.6%	$599.0M-8.8%	$640.0M-2.3%
Stock-Based Compensation	N/A	N/A	$216.0M+40.3%	N/A	N/A	N/A	$154.0M+9.2%	N/A
Capital Expenditures	$745.0M+29.3%	$583.0M+6.6%	$569.0M+7.8%	$641.0M+5.4%	$576.0M+6.1%	$547.0M-2.3%	$528.0M-19.5%	$608.0M-9.9%
Free Cash Flow	$896.0M+22.9%	$827.0M+182.0%	$609.0M+166.3%	$1.8B+28.3%	$729.0M+19.3%	-$1.0B-289.1%	-$918.0M-55.1%	$1.4B-34.4%
Investing Cash Flow	$798.0M+106.3%	-$200.0M+79.8%	-$793.0M-3347.8%	$424.0M-72.2%	-$12.6B-2564.3%	-$989.0M-169.5%	-$23.0M+96.9%	$1.5B+1658.2%
Financing Cash Flow	-$1.5B-135.1%	-$739.0M-6.3%	-$1.4B-69.6%	-$1.7B-122.2%	$4.2B+1293.1%	-$695.0M+59.8%	-$797.0M-1603.8%	$7.7B+741.1%
Dividends Paid	$189.0M+10.5%	$189.0M+10.5%	$190.0M+11.1%	$171.0M+1.2%	$171.0M+1.2%	$171.0M+1.2%	$171.0M+1.2%	$169.0M+9.7%
Share Buybacks	$135.0M	$154.0M+208.0%	$158.0M+203.8%	$100.0M+100.0%	$0-100.0%	$50.0M+11.1%	$52.0M+1633.3%	$50.0M-9.1%

HPE Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

HPE quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	54.4%-1.6pp	56.0%-1.0pp	56.9%-0.3pp	57.2%-20.3pp	77.5%-0.9pp	78.5%
Operating Margin	-1.3%-8.5pp	7.3%+0.1pp	7.2%+4.4pp	2.7%-1.3pp	4.1%+5.3pp	-1.2%-5.6pp	4.4%-1.3pp	5.6%+3.7pp	1.9%-10.9pp	12.9%+6.6pp	6.3%+2.0pp	4.2%-0.9pp	5.1%
Net Margin	0.2%-8.4pp	8.6%+1.6pp	7.0%+3.9pp	3.0%-9.3pp	12.3%+13.5pp	-1.2%-4.8pp	3.6%-2.6pp	6.2%+5.0pp	1.2%-9.3pp	10.4%+2.5pp	7.9%+4.9pp	3.0%-0.6pp	3.6%
Return on Equity	0.2%-10.2pp	10.4%+0.8pp	9.6%+5.2pp	4.4%-12.8pp	17.2%+19.2pp	-2.0%-8.2pp	6.1%-2.8pp	9.0%+7.5pp	1.5%-8.6pp	10.1%+2.7pp	7.3%+2.9pp	4.5%-0.9pp	5.3%
Return on Assets	0.1%-3.5pp	3.6%+0.1pp	3.5%+2.0pp	1.5%-4.4pp	5.9%+6.5pp	-0.6%-2.6pp	2.0%-1.4pp	3.4%+2.9pp	0.6%-3.4pp	4.0%+0.9pp	3.1%+0.6pp	2.5%	N/A
Current Ratio	1.01-0.3x	1.29+0.4x	0.870.0x	0.880.0x	0.910.0x	0.88+0.1x	0.79-0.2x	1.00-0.1x	1.13-0.2x	1.28-0.1x	1.36+0.2x	1.11	N/A
Debt-to-Equity	0.72+0.2x	0.54+0.2x	0.350.0x	0.40-0.1x	0.50-0.3x	0.76+0.2x	0.55+0.1x	0.480.0x	0.430.0x	0.39-0.1x	0.45+0.4x	0.01	N/A
Asset Turnover	0.450.0x	0.42-0.1x	0.510.0x	0.500.0x	0.480.0x	0.50-0.1x	0.560.0x	0.56+0.1x	0.47+0.1x	0.380.0x	0.39-0.5x	0.85	N/A
FCF Margin	1.8%-4.7pp	6.6%+1.1pp	5.5%+0.3pp	5.2%-7.0pp	12.1%+12.7pp	-0.5%-4.5pp	3.9%+3.9pp	0.0%+6.3pp	-6.2%-12.1pp	5.9%+4.9pp	1.0%-5.0pp	6.0%-4.9pp	10.9%

Metric	Q3'2610-Q	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K
Operating Margin	11.4%+8.7pp	7.0%+21.5pp	5.1%-0.5pp	-0.1%-8.3pp	2.7%-4.4pp	-14.5%-20.4pp	5.5%-2.3pp	8.2%+1.3pp
Net Margin	12.6%+9.3pp	5.8%+19.6pp	4.9%-3.1pp	1.8%-14.3pp	3.3%-3.3pp	-13.8%-18.1pp	8.0%+2.3pp	16.2%+7.4pp
Return on Equity	5.8%+4.6pp	2.5%+6.9pp	1.8%-0.7pp	0.7%-4.8pp	1.3%-1.1pp	-4.4%-5.8pp	2.5%+0.7pp	5.5%+2.5pp
Return on Assets	1.8%+1.4pp	0.8%+2.3pp	0.6%-0.3pp	0.2%-1.7pp	0.4%-0.4pp	-1.6%-2.1pp	0.9%+0.2pp	1.9%+0.8pp
Current Ratio	1.11+0.2x	1.09-0.2x	1.03-0.3x	1.01-0.3x	0.950.0x	1.29+0.4x	1.33+0.4x	1.29+0.4x
Debt-to-Equity	0.650.0x	0.72+0.2x	0.71+0.2x	0.72+0.2x	0.69+0.3x	0.52+0.2x	0.53+0.2x	0.54+0.2x
Asset Turnover	0.150.0x	0.130.0x	0.120.0x	0.130.0x	0.120.0x	0.110.0x	0.110.0x	0.120.0x
FCF Margin	7.3%-0.6pp	7.7%+21.0pp	6.6%+18.2pp	18.8%+2.0pp	8.0%+0.1pp	-13.2%-20.6pp	-11.7%-2.9pp	16.8%-12.7pp

Not reported in any period shown, so not listed: Gross Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Hewlett Packard Enterprise Company HPE	FY2025	$34.3B	$57.0M	0.2%	$93.7B	35/100
Ubiquiti Inc. UI	FY2026	$3.3B	$960.3M	29.3%	$36.9B	84/100
Ciena Corporation CIEN	FY2025	$4.8B	$123.3M	2.6%	$55.3B	55/100
Motorola Solutions, Inc. New MSI	FY2025	$11.7B	$2.2B	18.4%	$75.4B	63/100

Where Hewlett Packard Enterprise Company Ranks

Frequently Asked Questions

What is Hewlett Packard Enterprise Company's annual revenue?

Hewlett Packard Enterprise Company (HPE) reported $34.3B in total revenue for fiscal year 2025. This represents a 13.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Hewlett Packard Enterprise Company's revenue growing?

Hewlett Packard Enterprise Company (HPE) revenue grew by 13.8% year-over-year, from $30.1B to $34.3B in fiscal year 2025.

Is Hewlett Packard Enterprise Company profitable?

Yes, Hewlett Packard Enterprise Company (HPE) reported a net income of $57.0M in fiscal year 2025, with a net profit margin of 0.2%.

What is Hewlett Packard Enterprise Company's EBITDA?

Hewlett Packard Enterprise Company (HPE) had EBITDA of $2.3B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Hewlett Packard Enterprise Company have?

As of fiscal year 2025, Hewlett Packard Enterprise Company (HPE) had $5.8B in cash and equivalents against $17.8B in long-term debt.

What is Hewlett Packard Enterprise Company's operating margin?

Hewlett Packard Enterprise Company (HPE) had an operating margin of -1.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Hewlett Packard Enterprise Company's net profit margin?

Hewlett Packard Enterprise Company (HPE) had a net profit margin of 0.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Hewlett Packard Enterprise Company pay dividends?

Yes, Hewlett Packard Enterprise Company (HPE) paid $0.52 per share in dividends during fiscal year 2025.

What is Hewlett Packard Enterprise Company's return on equity (ROE)?

Hewlett Packard Enterprise Company (HPE) has a return on equity of 0.2% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Hewlett Packard Enterprise Company's free cash flow?

Hewlett Packard Enterprise Company (HPE) generated $627.0M in free cash flow during fiscal year 2025. This represents a -68.2% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Hewlett Packard Enterprise Company's operating cash flow?

Hewlett Packard Enterprise Company (HPE) generated $2.9B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Hewlett Packard Enterprise Company's total assets?

Hewlett Packard Enterprise Company (HPE) had $75.9B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Hewlett Packard Enterprise Company's capital expenditures?

Hewlett Packard Enterprise Company (HPE) invested $2.3B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How much does Hewlett Packard Enterprise Company spend on research and development?

Hewlett Packard Enterprise Company (HPE) invested $2.5B in research and development during fiscal year 2025.

Does Hewlett Packard Enterprise Company buy back shares?

Yes, Hewlett Packard Enterprise Company (HPE) spent $202.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Hewlett Packard Enterprise Company have outstanding?

Hewlett Packard Enterprise Company (HPE) had 1.33B shares outstanding as of fiscal year 2025.

What is Hewlett Packard Enterprise Company's current ratio?

Hewlett Packard Enterprise Company (HPE) had a current ratio of 1.01 as of fiscal year 2025, which is considered adequate.

What is Hewlett Packard Enterprise Company's debt-to-equity ratio?

Hewlett Packard Enterprise Company (HPE) had a debt-to-equity ratio of 0.72 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hewlett Packard Enterprise Company's return on assets (ROA)?

Hewlett Packard Enterprise Company (HPE) had a return on assets of 0.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Hewlett Packard Enterprise Company's P/E ratio?

Hewlett Packard Enterprise Company (HPE) trades at 33.6x earnings, its market capitalization divided by net income of $2.8B net income, trailing 12 months to July 31, 2026. The market capitalization is $93.7B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Hewlett Packard Enterprise Company's price-to-sales ratio?

Hewlett Packard Enterprise Company (HPE) trades at 2.2x sales, its market capitalization divided by revenue of $41.9B revenue, trailing 12 months to July 31, 2026. The market capitalization is $93.7B as of Oct 6, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Hewlett Packard Enterprise Company's Altman Z-Score?

Hewlett Packard Enterprise Company (HPE) has an Altman Z-Score of 1.48, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Hewlett Packard Enterprise Company's Piotroski F-Score?

Hewlett Packard Enterprise Company (HPE) has a Piotroski F-Score of 4 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Hewlett Packard Enterprise Company's earnings high quality?

Hewlett Packard Enterprise Company (HPE) reported $57.0M of net income while generating $2.9B in operating cash flow. The ratio between the two is outside the range this page publishes as a per-dollar figure, so both figures are given instead. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Hewlett Packard Enterprise Company cover its interest payments?

Hewlett Packard Enterprise Company (HPE) reported an operating loss of $437.0M against $1.1B in interest expense. There is no operating profit to cover interest, so interest must be met from cash reserves or from financing rather than from operations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Hewlett Packard Enterprise Company?

Hewlett Packard Enterprise Company (HPE) scores 35 out of 100 on our Financial Health Score, indicating weak standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.