v3.26.1
Segment Information (Tables)
 9 Months Ended
Jul. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Operating Results from Continuing Operations
Segment net revenue and operating results were as follows:
NetworkingCloud & AICorporate
Investments and Other		Total
In millions
Three months ended July 31, 2026:
Total segment net revenue$2,893 $9,042 $278 $12,213 
Segment cost of sales1,172 5,859 254 7,286 
Segment operating expenses1,084 1,644 91 2,818 
Segment earnings (loss) from operations$637 $1,539 $(67)$2,109 
Three months ended July 31, 2025(1):
Total segment net revenue$1,654 $7,212 $270 $9,136 
Segment cost of sales661 5,535 212 6,408 
Segment operating expenses628 1,173 77 1,878 
Segment earnings (loss) from operations$365 $504 $(19)$850 
Nine months ended July 31, 2026:
Total segment net revenue$8,289 $23,083 $820 $32,192 
Segment cost of sales3,277 15,971 676 19,924 
Segment operating expenses3,154 3,974 232 7,360 
Segment earnings (loss) from operations$1,858 $3,138 $(88)$4,908 
Nine months ended July 31, 2025(1):
Total segment net revenue$3,814 $19,994 $809 $24,617 
Segment cost of sales1,478 15,239 618 17,335 
Segment operating expenses1,380 3,290 225 4,895 
Segment earnings (loss) from operations$956 $1,465 $(34)$2,387 
(1)     Effective at the beginning of the first quarter of fiscal 2026, HPE implemented an organizational change by (i) merging the Server, Hybrid Cloud, and Financial Services business segments into a new segment named Cloud & AI and (ii) transferring the Telco and Instant On businesses to Corporate Investments and Other from Networking. The Company reflected these changes to its segment information retrospectively. These changes had no impact on HPE’s previously reported consolidated net revenue, net earnings, net earnings per share or total assets.
Schedule of 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 July 31,For the nine months ended July 31,
2026202520262025
In millions
Earnings (Loss) Before Taxes:
Total segment earnings from operations$2,109 $850 $4,908 $2,387 
Unallocated corporate costs and eliminations(130)(73)(324)(217)
Stock-based compensation expense(165)(177)(599)(447)
Amortization of intangible assets(315)(126)(949)(201)
Impairment charges— — — (1,361)
Gain on sale of a business— 1 — 245 
H3C divestiture related severance costs— — — (97)
Cost reduction program(31)(2)(84)(148)
Acquisition, disposition and other charges(1)
(75)(225)(342)(345)
Interest and other, net(2)
(75)8 (202)86 
Gain on sale of equity interest444 — 444 — 
Earnings from equity interests— 32 42 74 
Total earnings (loss) before provision for taxes$1,762 $288 $2,894 $(24)
(1)     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.
Schedule of Net Revenue by Geographic Areas
Net revenue by geographic region was as follows:
For the three months ended July 31,For the nine months ended July 31,
2026202520262025
In millions
Americas:
United States$4,785 $4,278 $12,057 $9,535 
Americas excluding United States561 464 1,666 1,900 
Total Americas5,346 4,742 13,723 11,435 
Europe, Middle East and Africa4,202 2,740 11,468 8,159 
Asia Pacific and Japan2,665 1,654 7,001 5,023 
Total consolidated net revenue$12,213 $9,136 $32,192 $24,617 
Schedule of Disaggregation of Revenue
Net revenue disaggregated by segment and major product categories was as follows:
For the three months ended July 31,For the nine months ended July 31,
2026202520262025
In millions
Networking:
Campus & Branch$1,442 $1,101 $3,991 $2,845 
Data Center Networking382 180 1,146 368 
Security281 160 809 386 
Routing788 213 2,343 215 
Total2,893 1,654 8,289 3,814 
Cloud & AI:
Server6,766 5,000 16,452 13,457 
Storage(1)
1,291 1,171 3,527 3,374 
Financial Services883 886 2,663 2,615 
Other(2)
102 155 441 548 
Total9,042 7,212 23,083 19,994 
Corporate Investments and Other278 270 820 809 
Total consolidated net revenue$12,213 $9,136 $32,192 $24,617 
(1)    Storage includes revenue from GreenLake Flex and Software.    
(2)    Other category includes intersegment revenue eliminations and third-party storage solutions.