v3.26.1
Segment Information
 6 Months Ended
Apr. 30, 2026
Segment Reporting [Abstract]  
Segment Information Segment Information
HP has three reportable segments: Personal Systems, Printing, and Corporate Investments.
Personal Systems offers desktops, notebooks, and workstations (including HP’s portfolio of AI PCs and workstations), thin clients, retail point-of-sale (“POS”) systems, displays, hybrid systems, software, solutions including endpoint security and services. Personal Systems includes support and deployment, configurations, and extended warranty services. HP supports a multi-operating system and multi-architecture strategy, primarily using Microsoft Windows and Google Chrome operating systems. HP’s platforms incorporate processors from Intel, AMD and Qualcomm, including integrated AI acceleration, as well as NVIDIA GPUs for advanced graphics and compute workloads.
Personal Systems groups its global business capabilities into the following business units when reporting business performance:
•Commercial PS consists of endpoint computing devices and hybrid systems, for use by enterprise, public sector (which includes education), and small- and medium-sized business (“SMB”) customers. These devices include HP’s Pro and Elite commercial PC portfolio, HP’s Z line of workstations, thin clients, retail POS systems, and HP’s Dragonfly and Chromebook PCs. HP offers a range of secure services and solutions to commercial customers to help them manage the lifecycle of their PCs and mobility installed base.
•    Consumer PS consists of devices, accessories and services which are optimized for consumer usage, focusing on gaming, learning and working remotely, consuming multi-media for entertainment, managing personal life activities, sharing information and staying connected, informed, and secure. These devices include HP’s new Omni consumer PC portfolio, the Omen and Victus gaming lines, and HP’s Spectre, Envy, Pavilion and Chromebook PCs.
Printing provides consumer and commercial printer hardware, supplies, services and solutions. Printing is also focused on Graphics and 3D Printing and Personalization in the commercial and industrial markets. HP’s global business capabilities within Printing are described below:
•Office Printing Solutions delivers HP’s security enhanced office printers, supplies, services, and solutions to SMBs, public sector and large enterprises. It also includes Original Equipment Manufacturer (“OEM”) hardware and solutions.
•Home Printing Solutions delivers innovative and security enhanced printing products, supplies, services and solutions for the home, home business and micro business customers.
•Graphics Solutions delivers large-format, commercial and industrial solutions and supplies to print service providers and packaging converters through a wide portfolio of printers and presses.
•3D Printing & Personalization offers a portfolio of additive manufacturing solutions and supplies to help customers succeed in their additive and digital manufacturing journey. HP offers complete solutions in collaboration with an ecosystem of partners.
Printing groups its global business capabilities into the following business units when reporting business performance:
•Commercial Printing consists of office printing solutions, graphics solutions and 3D printing and personalization, excluding supplies;
•Consumer Printing consists of home printing solutions, excluding supplies; and
•Supplies comprises a set of highly innovative consumable products, ranging from ink and laser cartridges to media, industrial graphics supplies and 3D printing and personalization supplies, for recurring use in consumer and commercial hardware.
Corporate Investments includes certain business incubation projects and investments in digital enablement.
HP does not allocate certain operating expenses, which it manages at the corporate level, to its segments. These unallocated amounts include expenses such as certain corporate governance costs and infrastructure investments, stock-based compensation expense, restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, and certain litigation (charges) benefits, net.
Significant Segment Expenses and Operating Results
 Three months ended April 30Six months ended April 30
 2026202520262025
In millions
Net revenue
Commercial PS$7,743 $6,786 $14,996 $13,431 
Consumer PS2,470 2,238 5,468 4,817 
Personal Systems10,213 9,024 20,464 18,248 
Supplies2,754 2,728 5,553 5,557 
Commercial Printing1,168 1,167 2,273 2,311 
Consumer Printing273 302 556 609 
Printing4,195 4,197 8,382 8,477 
Corporate Investments— — — — 
Total segment net revenue14,408 13,221 28,846 26,725 
Other— (1)— (1)
Total net revenue$14,408 $13,220 $28,846 $26,724 
Cost of net revenue
Personal Systems$8,674 $7,751 $17,535 $15,588 
Printing2,703 2,702 5,414 5,494 
Corporate Investments1 1 1 2 
Total segment cost of net revenue11,378 10,454 22,950 21,084 
Operating expenses
Personal Systems$1,009 $864 $1,888 $1,744 
Printing725 691 1,436 1,378 
Corporate Investments28 26 52 43 
Total segment operating expenses1,762 1,581 3,376 3,165 
  
Earnings before taxes
Personal Systems$530 $409 $1,041 $916 
Printing767 804 1,532 1,605 
Corporate Investments(29)(27)(53)(45)
Total segment earnings from operations1,268 1,186 2,520 2,476 
Corporate and unallocated costs and other(81)(85)(156)(199)
Stock-based compensation expense(112)(140)(294)(332)
Restructuring and other charges(365)(122)(491)(192)
Acquisition and divestiture charges(4)(17)(2)(23)
Amortization of intangible assets(89)(65)(145)(128)
Certain litigation charges
(5)(103)(61)(103)
Interest and other, net
(119)(148)(207)(289)
Total earnings before taxes$493 $506 $1,164 $1,210 
Realignment
Effective at the beginning of its first quarter of fiscal year 2026, HP realigned its business unit financial reporting to reflect the transition of the Print-as-a-Service business from Corporate Investments to Printing. HP reflected this change to its business unit information in prior reporting periods on an as-if basis which resulted in the reclassification of segment net revenue, cost of net revenue and operating expenses from the Corporate Investments segment to Supplies and Consumer Printing. The reporting change had no impact to previously reported consolidated net revenue, earnings from operations, net earnings or net earnings per share (“EPS”). In connection with this business unit realignment, the Company reallocated $197 million of goodwill from Corporate Investments to Printing on a relative fair value basis. The realignment did not result in any impairments to goodwill in any of the affected reporting units.