Hewlett Packard Enterprise (HPE) delivered a solid QQ4 2024 performance with revenue of $8.458 billion, up 15.1% year over year and 9.7% quarter over quarter. Gross profit reached $2.602 billion for a gross margin of 30.76%, while operating income stood at $0.597 billion and net income at $1.366 billion, or $1.02 per share, marking a strong bottom-line expansion (+112% YoY; +167% QoQ). The firm generated robust operating cash flow of $2.03 billion and free cash flow of $1.422 billion, supported by a solid liquidity position (cash and equivalents of about $14.846 billion; total cash including equivalents around $14.846 billion) and a net debt position of roughly $3.4 billion. The quarterly free cash flow margin was approximately 16.8% of revenue, underscoring meaningful cash generation against ongoing R&D investment and operating expenses. The balance sheet remains healthy with a current ratio of 1.29 and a debt-to-capitalization profile that preserves financial flexibility. Management commentary during QQ4 emphasized continued focus on high-growth data center solutions, including servers, storage, and Aruba networking, along with the monetization of consumption-based offerings such as HPE GreenLake. The results position HPE to navigate a data-center spending cycle, though near-term performance will remain sensitive to enterprise IT budgets and competitive dynamics. Overall, the quarter reinforces HPE’s strategic leverage of its diversified product portfolio, strong cash generation, and disciplined capital allocation.