HEWLETT PACKARD ENTERPRISE COMPANY (HPE) FY2026 Q1 Statement of Cash Flows

Income StatementCash FlowBalance Sheet

Statement of Cash Flows

2025-11-01 to 2026-01-31

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HEWLETT PACKARD ENTERPRISE COMPANY cash flow reconciliation, Nov 1, 2025 through Jan 31, 2026One connected Sankey reconciles operating, investing and financing net cash flows through a shared cash pool, from beginning cash to ending cash. Ribbons flow left to right on one dollar scale. Activity totals are dark gray; beginning and ending cash are blue. Cash basis for beginning and ending balances and net cash change: Cash, cash equivalents, and restricted cash. Intermediate calculation bars are lighter gray. Net income is green for profit and red for loss. Identified asset purchases, sales and maturities are blue in either cash direction. Purple identifies capital transactions such as borrowing, repayments, share issuance and dividends. Free cash flow is a separate comparison, not an added cash flow. Read chart description and values below for full signed amounts, including zero items.Net earnings attributable to HPE → Net cash from operating activities: $452,000,000.00Depreciation and amortization → Operating adjustments reconciliation: $872,000,000.00Accounts payable → Operating adjustments reconciliation: $496,000,000.00Accounts receivable → Operating adjustments reconciliation: $274,000,000.00Stock-based compensation expense → Operating adjustments reconciliation: $216,000,000.00Taxes on earnings → Operating adjustments reconciliation: $86,000,000.00Financing receivables → Operating adjustments reconciliation: $70,000,000.00Provision for inventory and credit losses → Operating adjustments reconciliation: $61,000,000.00Dividends received from equity investees → Operating adjustments reconciliation: $51,000,000.00Amortization of inventory fair value adjustment → Operating adjustments reconciliation: $31,000,000.00Cost reduction program → Operating adjustments reconciliation: $23,000,000.00Other, net → Operating adjustments reconciliation: $23,000,000.00Operating adjustments reconciliation → Net cash from operating activities: $726,000,000.00Operating adjustments reconciliation → Other assets and liabilities: $851,000,000.00Operating adjustments reconciliation → Inventory: $458,000,000.00Operating adjustments reconciliation → Deferred taxes on earnings: $151,000,000.00Operating adjustments reconciliation → Earnings from equity interests: $17,000,000.00Proceeds from sale of property, plant and equipment → investing reconciliation: $66,000,000.00Financial collateral received → investing reconciliation: $16,000,000.00Proceeds from sale of available-for-sale securities and other investments → investing reconciliation: $2,000,000.00investing reconciliation → Investment in property, plant and equipment and software assets: $569,000,000.00investing reconciliation → Financial collateral posted: $304,000,000.00investing reconciliation → Purchases of equity investments: $4,000,000.00Net cash used in financing activities → financing reconciliation: $1,352,000,000.00Proceeds from debt, net of issuance costs → financing reconciliation: $126,000,000.00financing reconciliation → Payment of debt: $917,000,000.00financing reconciliation → Cash dividends paid to common stockholders: $190,000,000.00financing reconciliation → Net payments related to stock-based award activities: $173,000,000.00financing reconciliation → Repurchases of common stock: $158,000,000.00financing reconciliation → Cash dividends paid to preferred stockholders: $29,000,000.00financing reconciliation → Other: $8,000,000.00financing reconciliation → Short-term borrowings with original maturities less than 90 days, net: $3,000,000.00Net cash used in investing activities → investing reconciliation: $793,000,000.00Exchange-rate effect → Cash sources and uses: $33,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash → Cash sources and uses: $5,859,000,000.00Net cash from operating activities → Cash sources and uses: $1,178,000,000.00Cash sources and uses → Ending cash: Cash, cash equivalents, and restricted cash: $4,925,000,000.00Cash sources and uses → Net cash used in investing activities: $793,000,000.00Cash sources and uses → Net cash used in financing activities: $1,352,000,000.00Net earnings attributable to HPE: $452,000,000.00Net earnings attributable to HPE+$452.00 MDepreciation and amortization: $872,000,000.00Depreciation & amortization+$872.00 MStock-based compensation expense: $216,000,000.00Stock-based compensation+$216.00 MProvision for inventory and credit losses: $61,000,000.00Inventory & credit loss provision+$61.00 MCost reduction program: $23,000,000.00Cost reduction program+$23.00 MDeferred taxes on earnings: -$151,000,000.00Deferred income taxes−$151.00 MEarnings from equity interests: -$17,000,000.00Equity-method results−$17.00 MGain on sale of a business: $0.00Dividends received from equity investees: $51,000,000.00Equity-method distributions+$51.00 MH3C divestiture related severance costs: $0.00Amortization of inventory fair value adjustment: $31,000,000.00Inventory fair value amortization+$31.00 MOther, net: $23,000,000.00Other non-cash items+$23.00 MAccounts receivable: $274,000,000.00Accounts receivable+$274.00 MFinancing receivables: $70,000,000.00Finance receivables, net+$70.00 MInventory: -$458,000,000.00Inventories−$458.00 MAccounts payable: $496,000,000.00Trade payables+$496.00 MTaxes on earnings: $86,000,000.00Income taxes payable+$86.00 MOther assets and liabilities: -$851,000,000.00Other working capital, net−$851.00 MNet cash from operating activities: $1,178,000,000.00Operating cash+$1.18 BOperating adjustments reconciliation: $2,203,000,000.00Short-term borrowings with original maturities less than 90 days, net: -$3,000,000.00Short-term debt, net−$3.00 MProceeds from debt, net of issuance costs: $126,000,000.00Debt issued, net of costs+$126.00 MPayment of debt: -$917,000,000.00Debt & capital securities repaid−$917.00 MNet payments related to stock-based award activities: -$173,000,000.00Stock-award tax withholding−$173.00 MRepurchases of common stock: -$158,000,000.00Common stock repurchases−$158.00 MCash dividends paid to preferred stockholders: -$29,000,000.00Preferred dividends paid−$29.00 MCash dividends paid to common stockholders: -$190,000,000.00Common dividends paid−$190.00 MOther: -$8,000,000.00Other financing, net−$8.00 MNet cash used in financing activities: -$1,352,000,000.00. Cash required to fund net payments.Financing cash−$1.35 Bfinancing reconciliation: $1,478,000,000.00Investment in property, plant and equipment and software assets: -$569,000,000.00Capital expenditures−$569.00 MProceeds from sale of property, plant and equipment: $66,000,000.00Asset sales+$66.00 MPurchases of equity investments: -$4,000,000.00Equity securities purchases−$4.00 MProceeds from sale of available-for-sale securities and other investments: $2,000,000.00AFS securities sales+$2.00 MFinancial collateral posted: -$304,000,000.00Financial collateral posted−$304.00 MFinancial collateral received: $16,000,000.00Financial collateral received+$16.00 MProceeds from sale of a business: $0.00Net cash used in investing activities: -$793,000,000.00. Cash required to fund net payments.Investing cash−$793.00 Minvesting reconciliation: $877,000,000.00Cash sources and uses: $7,070,000,000.00Beginning cash: Cash, cash equivalents, and restricted cash: $5,859,000,000.00Beginning cash$5.86 BEnding cash: Cash, cash equivalents, and restricted cash: $4,925,000,000.00Ending cash$4.93 BExchange-rate effect: $33,000,000.00FX effect+$33.00 MCASH RECONCILIATIONOperatingflowsInvestingflowsFinancingflowsFree cash flow$609.00 MOperating cash − cash spent on productive assetsCash flow / Net income2.61×Operating cash flow ÷ net incomeNet cash change−$934.00 MEnding cash − beginning cash
Chart details

HEWLETT PACKARD ENTERPRISE COMPANY cash flow reconciliation, Nov 1, 2025 through Jan 31, 2026

Cash flows for Nov 1, 2025 through Jan 31, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Oct 31, 2025. Ending cash: Jan 31, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

Beginning cash on Oct 31, 2025
5,859,000,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
Operating activities
1,178,000,000 US dollars. Net cash provided.
Net earnings attributable to HPE
452,000,000 US dollars
Depreciation and amortization
872,000,000 US dollars
Stock-based compensation expense
216,000,000 US dollars
Provision for inventory and credit losses
61,000,000 US dollars
Cost reduction program
23,000,000 US dollars
Deferred taxes on earnings
negative 151,000,000 US dollars
Earnings from equity interests
negative 17,000,000 US dollars
Gain on sale of a business
0 US dollars
Dividends received from equity investees
51,000,000 US dollars
H3C divestiture related severance costs
0 US dollars
Amortization of inventory fair value adjustment
31,000,000 US dollars
Other, net
23,000,000 US dollars
Accounts receivable
274,000,000 US dollars
Financing receivables
70,000,000 US dollars
Inventory
negative 458,000,000 US dollars
Accounts payable
496,000,000 US dollars
Taxes on earnings
86,000,000 US dollars
Other assets and liabilities
negative 851,000,000 US dollars
Investing activities
negative 793,000,000 US dollars. Net cash used.
Investment in property, plant and equipment and software assets
negative 569,000,000 US dollars
Proceeds from sale of property, plant and equipment
66,000,000 US dollars
Purchases of equity investments
negative 4,000,000 US dollars
Proceeds from sale of available-for-sale securities and other investments
2,000,000 US dollars
Financial collateral posted
negative 304,000,000 US dollars
Financial collateral received
16,000,000 US dollars
Proceeds from sale of a business
0 US dollars
Financing activities
negative 1,352,000,000 US dollars. Net cash used.
Short-term borrowings with original maturities less than 90 days, net
negative 3,000,000 US dollars
Proceeds from debt, net of issuance costs
126,000,000 US dollars
Payment of debt
negative 917,000,000 US dollars
Net payments related to stock-based award activities
negative 173,000,000 US dollars
Repurchases of common stock
negative 158,000,000 US dollars
Cash dividends paid to preferred stockholders
negative 29,000,000 US dollars
Cash dividends paid to common stockholders
negative 190,000,000 US dollars
Other
negative 8,000,000 US dollars
Operating adjustment reconciliation
2,203,000,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
financing gross reconciliation
1,478,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
investing gross reconciliation
877,000,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
Exchange-rate effect
33,000,000 US dollars
Ending cash on Jan 31, 2026
4,925,000,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
Cash sources and uses
7,070,000,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
Net cash change
negative 934,000,000 US dollars. Ending cash minus beginning cash.
Cash flow / Net income
2.61×. Operating cash flow divided by reconciliation net income for the same period. Black from 0.90× through 1.10×; green above 1.10×; red below 0.90×. Color uses the unrounded ratio.
Operating cash flow
1,178,000,000 US dollars. Operating cash flow used in the free cash flow calculation.
cash spent on productive assets
569,000,000 US dollars. These cash purchases are already included in investing activities above.
Free cash flow
609,000,000 US dollars. A supplemental measure; finance-lease payments are excluded from this definition.

Chart connections

  • Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
  • Financing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Investing contributions meet at a reconciliation junction before connecting to the net cash total.
  • Operating reconciliation adjustments are not all independent cash receipts.
  • Net income enters operating cash directly in the reconciliation. The adjustment junction contributes the remaining $726.00M after reconciling the other positive and negative adjustments. These connections depict an accounting reconciliation, not traced cash receipts.
  • Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
  • The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.
  • Operating cash flow minus cash spent on productive assets equals free cash flow: 1,178,000,000 US dollars minus 569,000,000 US dollars equals 609,000,000 US dollars.
HEWLETT PACKARD ENTERPRISE COMPANY (HPE) FY2026 Q1 Statement of Cash Flows Sankey chart
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