v3.25.2
Segment Information
 9 Months Ended
Jul. 31, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
Hewlett Packard Enterprise's operations are organized into five segments for financial reporting purposes: Server, Hybrid Cloud, Networking, Financial Services (“FS”), and Corporate Investments and Other. During the third quarter of fiscal 2025, the Intelligent Edge segment was renamed to Networking. The segment name change did not result in any change to the composition of the Company’s segments and therefore no prior information was recast; further, the designation change did not impact the Company’s Condensed Consolidated Financial Statements. The results of operations of Juniper Networks are included in the Networking segment commencing on July 2, 2025. See Note 8, “Acquisitions and Dispositions” to the Condensed Consolidated Financial Statements for additional information.
Hewlett Packard Enterprise's organizational structure is based on a number of factors that the Chief Operating Decision Maker (“CODM”), who is the Chief Executive Officer, uses to evaluate, view and run the Company's business operations, which include, but are not limited to, customer base and homogeneity of products and technology. The five segments are based on this organizational structure and information reviewed by Hewlett Packard Enterprise's management to evaluate segment results. A summary of the types of products and services within each segment is as follows:
Server consists of general-purpose servers for multi-workload computing and workload-optimized servers to deliver the best performance and value for demanding applications, and integrated systems comprised of software and hardware designed to address High-Performance Computing and Supercomputing (including exascale applications), Artificial Intelligence (“AI”), Data Analytics, and Transaction Processing workloads for government and commercial customers globally. This portfolio of products includes the secure and versatile HPE ProLiant Rack and Tower servers; HPE Synergy, a composable infrastructure for traditional and cloud-native applications; HPE Scale Up Servers product lines for critical applications, including large enterprise software applications and data analytics platforms; HPE Edgeline servers; HPE Cray EX; HPE Cray XD (formerly known as HPE Apollo); and HPE NonStop. The Server segment’s offerings also include operational and support services sold with systems and as standalone services.
Hybrid Cloud offers a wide variety of cloud-native and hybrid solutions across storage, private cloud and the infrastructure software-as-a-service (“SaaS”) space. Storage includes data storage and data management offerings with the HPE Alletra Storage portfolio; unstructured data solutions and analytics for AI; data protection and archiving; and storage networking. It also includes AIOps-driven intelligence with HPE InfoSight and HPE CloudPhysics. In private cloud, the HPE GreenLake offerings include new cloud-native offerings and capabilities for virtual machines, containers, and bare metal; a full suite of private cloud offerings that enable customers to self-manage or choose a fully managed experience; and a portfolio of world-class Private Cloud AI infrastructure delivered as-a-service (“aaS”). This segment also provides self-service private cloud on-demand with HPE GreenLake for Private Cloud Business Edition, which includes an integrated VM Essentials virtualization software. Infrastructure software includes monitoring and observability for day two operations and beyond through the Company’s acquisition of OpsRamp and unified data access through HPE Ezmeral Data Fabric and analytics suite, which helps move and transform data for use in AI and other applications. The Hybrid Cloud segment also includes data lifecycle management and protection through its suite of offerings, including Zerto Disaster Recovery.
Networking develops and sells high-performance network and security products and services that empower customers of all sizes to build scalable, reliable, secure, agile, and efficient automated networks. Our platforms are purpose-built using AI to deliver secure and sustainable user experiences from the edge to the data center and cloud. Our solutions include hardware products such as Wi-Fi and private cellular access points; QFX, EX, and CX switches; MX and PTX routers; and gateways. Additionally, HPE provides software products, such as Mist and Aruba Central for cloud-based and on-premise management, network access control, software-defined wide area networking, network security, analytics and assurance, and private cellular core software. The Company also offers professional and support services and education and training programs, as well as aaS and flexible consumption models through the HPE GreenLake platform.
Financial Services provides flexible investment solutions, such as leasing, financing, IT consumption, utility programs, and asset management services for customers that facilitate unique technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others. The FS segment also supports financial solutions for on-premise flexible consumption models, such as the HPE GreenLake cloud.
Corporate Investments and Other includes the Advisory and Professional Services (“A & PS”) business, which primarily offers consultative-led services, HPE and partner technology expertise and advice, implementation services as well as complex solution engagement capabilities; and Hewlett Packard Labs, which is responsible for research and development.
Segment Policy
Hewlett Packard Enterprise does not allocate to its segments certain operating expenses, which it manages at the corporate level. These unallocated operating costs include certain corporate costs and eliminations, stock-based compensation expense, amortization of intangible assets, transformation costs, H3C divestiture related severance costs, severance costs associated with the cost reduction program, acquisition, disposition and other charges, and impairment of goodwill. Total assets by segment are not presented as that information is not used to allocate resources or assess performance at the segment level and is not reviewed by the CODM.
Segment Operating Results
Segment net revenue and operating results were as follows:
 ServerHybrid CloudNetworkingFinancial
Services		Corporate
Investments and Other		Total
In millions
Three months ended July 31, 2025:
     
Net revenue$4,903 $1,422 $1,732 $887 $192 $9,136 
Intersegment net revenue37 62 (2)(1)2 98 
Total segment net revenue$4,940 $1,484 $1,730 $886 $194 $9,234 
Segment earnings (loss) from operations$317 $87 $360 $88 $(14)$838 
Three months ended July 31, 2024:
     
Net revenue(1)
$4,192 $1,269 $1,110 $877 $262 $7,710 
Intersegment net revenue63 56 11 2 — 132 
Total segment net revenue(1)
$4,255 $1,325 $1,121 $879 $262 $7,842 
Segment earnings (loss) from operations(1)
$461 $69 $251 $79 $(4)$856 
Nine months ended July 31, 2025:
Net revenue$13,202 $4,182 $4,035 $2,616 $582 $24,617 
Intersegment net revenue86 160 3 (1)3 251 
Total segment net revenue$13,288 $4,342 $4,038 $2,615 $585 $24,868 
Segment earnings (loss) from operations$906 $264 $948 $259 $(26)$2,351 
Nine months ended July 31, 2024:
Net revenue(1)
$11,199 $3,718 $3,384 $2,616 $752 $21,669 
Intersegment net revenue224 162 24 3 — 413 
Total segment net revenue(1)
$11,423 $3,880 $3,408 $2,619 $752 $22,082 
Segment earnings (loss) from operations(1)
$1,263 $133 $841 $234 $(23)$2,448 
(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 segment, to the Hybrid Cloud segment.
    The reconciliation of segment operating results to Condensed Consolidated Statements of Earnings was as follows:
 For the three months ended July 31,For the nine months ended July 31,
 2025202420252024
 In millions
Net Revenue:   
Total segments$9,234 $7,842 $24,868 $22,082 
Eliminations of intersegment net revenue(98)(132)(251)(413)
Total consolidated net revenue$9,136 $7,710 $24,617 $21,669 
Earnings (Loss) Before Taxes:   
Total segment earnings from operations$838 $856 $2,351 $2,448 
Unallocated corporate costs and eliminations(61)(85)(181)(218)
Stock-based compensation expense(177)(80)(447)(341)
Amortization of intangible assets(126)(60)(201)(198)
Impairment of goodwill— — (1,361)— 
Transformation costs— (14)(2)(67)
Gain on sale of a business1 — 245 — 
H3C divestiture related severance costs— — (97)— 
Cost reduction program(2)— (148)— 
Acquisition, disposition and other charges(1)
(225)(70)(343)(127)
Interest and other, net(2)
8 (12)86 (122)
Earnings from equity interests32 73 74 161 
Total earnings (loss) before provision for taxes$288 $608 $(24)$1,536 
(1)     Includes disaster recovery and divestiture related exit costs. For the three and nine months ended July 31, 2025, Acquisition, disposition and other charges include non-cash amortization of fair value adjustment for inventory in connection with the acquisition of Juniper Networks, which was recorded in cost of sales.
(2)    The three and nine months ended July 31, 2025, include a $52 million litigation settlement received in the third quarter of fiscal 2025.
Geographic Information
Net revenue by geographic region was as follows:
For the three months ended July 31,For the nine months ended July 31,
2025202420252024
In millions
Americas:
United States$4,278 $2,882 $9,535 $7,760 
Americas excluding United States464 528 1,900 1,595 
Total Americas4,742 3,410 11,435 9,355 
Europe, Middle East and Africa2,740 2,555 8,159 7,443 
Asia Pacific and Japan1,654 1,745 5,023 4,871 
Total consolidated net revenue$9,136 $7,710 $24,617 $21,669