| Schedule of Reconciliation of Revenue from Segment Operating Results to HP Consolidated Results |
Significant Segment Expenses and Operating Results | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended July 31 | | Nine months ended July 31 | | 2026 | | 2025 | | 2026 | | 2025 | | In millions | | Net revenue | | | | | | | | | Commercial PS | $ | 8,579 | | | $ | 7,036 | | | $ | 23,575 | | | $ | 20,467 | | | Consumer PS | 3,188 | | | 2,895 | | | 8,656 | | | 7,712 | | | Personal Systems | 11,767 | | | 9,931 | | | 32,231 | | | 28,179 | | | Supplies | 2,536 | | | 2,609 | | | 8,089 | | | 8,166 | | | Commercial Printing | 1,101 | | | 1,113 | | | 3,374 | | | 3,424 | | | Consumer Printing | 275 | | | 280 | | | 831 | | | 889 | | | Printing | 3,912 | | | 4,002 | | | 12,294 | | | 12,479 | | | Corporate Investments | — | | | — | | | — | | | — | | | Total segment net revenue | 15,679 | | | 13,933 | | | 44,525 | | | 40,658 | | | Other | (2) | | | (1) | | | (2) | | | (2) | | | Total net revenue | $ | 15,677 | | | $ | 13,932 | | | $ | 44,523 | | | $ | 40,656 | | | | | | | | | | | Cost of net revenue | | | | | | | | | Personal Systems | $ | 10,250 | | | $ | 8,421 | | | $ | 27,785 | | | $ | 24,009 | | | Printing | 2,475 | | | 2,640 | | | 7,889 | | | 8,134 | | | Corporate Investments | — | | | — | | | 1 | | | 2 | | | Total segment cost of net revenue | 12,725 | | | 11,061 | | | 35,675 | | | 32,145 | | | | | | | | | | | Operating expenses | | | | | | | | | Personal Systems | $ | 980 | | | $ | 969 | | | $ | 2,868 | | | $ | 2,713 | | | Printing | 728 | | | 681 | | | 2,164 | | | 2,059 | | | Corporate Investments | 28 | | | 24 | | | 80 | | | 67 | | | Total segment operating expenses | 1,736 | | | 1,674 | | | 5,112 | | | 4,839 | | | | | | | | | | | Earnings before taxes | | | | | | | | | Personal Systems | $ | 537 | | | $ | 541 | | | $ | 1,578 | | | $ | 1,457 | | | Printing | 709 | | | 681 | | | 2,241 | | | 2,286 | | | Corporate Investments | (28) | | | (24) | | | (81) | | | (69) | | | Total segment earnings from operations | 1,218 | | | 1,198 | | | 3,738 | | | 3,674 | | | Corporate and unallocated costs and other | (102) | | | (103) | | | (258) | | | (302) | | | Stock-based compensation expense | (95) | | | (100) | | | (389) | | | (432) | | | Restructuring and other charges | (48) | | | (110) | | | (539) | | | (302) | | | Acquisition and divestiture charges | (4) | | | (8) | | | (6) | | | (31) | | | Amortization of intangible assets | (75) | | | (159) | | | (220) | | | (287) | | Certain litigation charges | (2) | | | (2) | | | (63) | | | (105) | | Interest and other, net(1) | (94) | | | (92) | | | (301) | | | (381) | | | Total earnings before taxes | $ | 798 | | | $ | 624 | | | $ | 1,962 | | | $ | 1,834 | |
(1) The three and nine months ended July 31, 2025 includes Certain litigation benefits from a single litigation matter that does not relate to HP's ongoing business operations.
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| Schedule of Reconciliation of Operating Profit (Loss) from Segment Operating Results to HP Consolidated Results |
Significant Segment Expenses and Operating Results | | | | | | | | | | | | | | | | | | | | | | | | | Three months ended July 31 | | Nine months ended July 31 | | 2026 | | 2025 | | 2026 | | 2025 | | In millions | | Net revenue | | | | | | | | | Commercial PS | $ | 8,579 | | | $ | 7,036 | | | $ | 23,575 | | | $ | 20,467 | | | Consumer PS | 3,188 | | | 2,895 | | | 8,656 | | | 7,712 | | | Personal Systems | 11,767 | | | 9,931 | | | 32,231 | | | 28,179 | | | Supplies | 2,536 | | | 2,609 | | | 8,089 | | | 8,166 | | | Commercial Printing | 1,101 | | | 1,113 | | | 3,374 | | | 3,424 | | | Consumer Printing | 275 | | | 280 | | | 831 | | | 889 | | | Printing | 3,912 | | | 4,002 | | | 12,294 | | | 12,479 | | | Corporate Investments | — | | | — | | | — | | | — | | | Total segment net revenue | 15,679 | | | 13,933 | | | 44,525 | | | 40,658 | | | Other | (2) | | | (1) | | | (2) | | | (2) | | | Total net revenue | $ | 15,677 | | | $ | 13,932 | | | $ | 44,523 | | | $ | 40,656 | | | | | | | | | | | Cost of net revenue | | | | | | | | | Personal Systems | $ | 10,250 | | | $ | 8,421 | | | $ | 27,785 | | | $ | 24,009 | | | Printing | 2,475 | | | 2,640 | | | 7,889 | | | 8,134 | | | Corporate Investments | — | | | — | | | 1 | | | 2 | | | Total segment cost of net revenue | 12,725 | | | 11,061 | | | 35,675 | | | 32,145 | | | | | | | | | | | Operating expenses | | | | | | | | | Personal Systems | $ | 980 | | | $ | 969 | | | $ | 2,868 | | | $ | 2,713 | | | Printing | 728 | | | 681 | | | 2,164 | | | 2,059 | | | Corporate Investments | 28 | | | 24 | | | 80 | | | 67 | | | Total segment operating expenses | 1,736 | | | 1,674 | | | 5,112 | | | 4,839 | | | | | | | | | | | Earnings before taxes | | | | | | | | | Personal Systems | $ | 537 | | | $ | 541 | | | $ | 1,578 | | | $ | 1,457 | | | Printing | 709 | | | 681 | | | 2,241 | | | 2,286 | | | Corporate Investments | (28) | | | (24) | | | (81) | | | (69) | | | Total segment earnings from operations | 1,218 | | | 1,198 | | | 3,738 | | | 3,674 | | | Corporate and unallocated costs and other | (102) | | | (103) | | | (258) | | | (302) | | | Stock-based compensation expense | (95) | | | (100) | | | (389) | | | (432) | | | Restructuring and other charges | (48) | | | (110) | | | (539) | | | (302) | | | Acquisition and divestiture charges | (4) | | | (8) | | | (6) | | | (31) | | | Amortization of intangible assets | (75) | | | (159) | | | (220) | | | (287) | | Certain litigation charges | (2) | | | (2) | | | (63) | | | (105) | | Interest and other, net(1) | (94) | | | (92) | | | (301) | | | (381) | | | Total earnings before taxes | $ | 798 | | | $ | 624 | | | $ | 1,962 | | | $ | 1,834 | |
(1) The three and nine months ended July 31, 2025 includes Certain litigation benefits from a single litigation matter that does not relate to HP's ongoing business operations.
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