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Segment Information (Tables)

6 Months Ended

Apr. 30, 2025

Segment Reporting [Abstract]

Segment Operating Results from Continuing Operations

Segment net revenue and operating results were as follows:

			Server												Hybrid Cloud						Intelligent Edge						Financial Services						Corporate Investments and Other						Total
			In millions
Three months ended April 30, 2025:
Net revenue			$	4,028											$	1,393					$	1,156					$	857					$	193					$	7,627
Intersegment net revenue			30												60						6						(1)						1						96
Total segment net revenue			$	4,058											$	1,453					$	1,162					$	856					$	194					$	7,723
Segment earnings (loss) from operations			$	241											$	78					$	274					$	89					$	(10)					$	672
Three months ended April 30, 2024:
Net revenue(1)			$	3,786											$	1,218					$	1,081					$	867					$	252					$	7,204
Intersegment net revenue			55												64						5						—						—						124
Total segment net revenue(1)			$	3,841											$	1,282					$	1,086					$	867					$	252					$	7,328
Segment earnings (loss) from operations(1)			$	423											$	13					$	237					$	81					$	(9)					$	745
Six months ended April 30, 2025:
Net revenue			$	8,299											$	2,760					$	2,303					$	1,729					$	390					$	15,481
Intersegment net revenue			49												98						5						—						1						153
Total segment net revenue			$	8,348											$	2,858					$	2,308					$	1,729					$	391					$	15,634
Segment earnings (loss) from operations			$	589											$	177					$	588					$	171					$	(12)					$	1,513
Six months ended April 30, 2024:
Net revenue(1)			$	7,007											$	2,449					$	2,274					$	1,739					$	490					$	13,959
Intersegment net revenue			161												106						13						1						—						281
Total segment net revenue(1)			$	7,168											$	2,555					$	2,287					$	1,740					$	490					$	14,240
Segment earnings (loss) from operations(1)			$	802											$	64					$	590					$	155					$	(19)					$	1,592

(1)     Effective at the beginning of the first quarter of fiscal 2025, in order to align its segment financial reporting more closely with its current business structure, HPE implemented an organizational change with the transfer of certain managed services, previously reported within the Server reportable segment, to the Hybrid Cloud reportable segment.

Reconciliation of Segment Operating Results

The reconciliation of segment operating results to Condensed Consolidated Statements of Earnings was as follows:

			For the three months ended April 30,												For the six months ended April 30,
			2025						2024						2025						2024
			In millions
Net Revenue:
Total segments			$	7,723					$	7,328					$	15,634					$	14,240
Eliminations of intersegment net revenue			(96)						(124)						(153)						(281)
Total consolidated net revenue			$	7,627					$	7,204					$	15,481					$	13,959
(Loss) Earnings Before Taxes:
Total segment earnings from operations			$	672					$	745					$	1,513					$	1,592
Unallocated corporate costs and eliminations			(59)						(61)						(120)						(133)
Stock-based compensation expense			(116)						(120)						(270)						(261)
Amortization of intangible assets			(37)						(67)						(75)						(138)
Transformation credit (costs)			13						(33)						(2)						(53)
Gain on sale of a business			—						—						244						—
H3C divestiture related severance costs			(20)						—						(97)						—
Cost reduction program			(146)						—						(146)						—
Acquisition, disposition and other charges			(55)						(39)						(118)						(57)
Impairment of goodwill			(1,361)						—						(1,361)						—
Interest and other, net			39						(22)						78						(110)
Earnings from equity interests			25						42						42						88
Total (loss) earnings before provision for taxes			$	(1,045)					$	445					$	(312)					$	928

Net Revenue by Geographic Areas

Net revenue by geographic region was as follows:

			For the three months ended April 30,												For the six months ended April 30,
			2025						2024						2025						2024
			In millions
Americas:
United States			$	2,739					$	2,584					$	5,257					$	4,878
Americas excluding United States			562						560						1,436						1,067
Total Americas			3,301						3,144						6,693						5,945
Europe, Middle East and Africa			2,739						2,454						5,419						4,888
Asia Pacific and Japan			1,587						1,606						3,369						3,126
Total consolidated net revenue			$	7,627					$	7,204					$	15,481					$	13,959

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- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

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Tabular disclosure of revenue from external customers by geographic areas attributed to the entity's country of domicile and to foreign countries from which the entity derives revenue.

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Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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