# HEWLETT PACKARD ENTERPRISE COMPANY (HPE) FY2024 Annual P&L / Income Statement - Company: HEWLETT PACKARD ENTERPRISE COMPANY (HPE) - Period: 2023-11-01 to 2024-10-31 - Filing: FY2024 10-K, filed 2024-12-19, accession number 0001645590-24-000139 - Page: https://plicit.ai/financials/hpe/fy2024-annual-income-statement - Chart image: https://plicit.ai/charts/hpe-fy2024-annual-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2023-11-01 through 2024-10-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenue**: 30,127,000,000 US dollars - **Cost of revenue (calculated)**: 19,754,000,000 US dollars - **Gross profit (calculated)**: 10,373,000,000 US dollars - **Operating expenses (calculated)**: 8,183,000,000 US dollars - **Earnings from operations**: 2,190,000,000 US dollars - **Other income (expense), net (calculated)**: 763,000,000 US dollars - **Earnings before provision for taxes**: 2,953,000,000 US dollars - **Provision for taxes**: 374,000,000 US dollars - **Net earnings attributable to HPE**: 2,579,000,000 US dollars - **Products**: 18,587,000,000 US dollars - **Services**: 10,872,000,000 US dollars - **Financing income**: 668,000,000 US dollars - **Cost of products and services**: 19,754,000,000 US dollars - **Research and development**: 2,246,000,000 US dollars - **Selling, general and administrative**: 4,871,000,000 US dollars - **Amortization of intangible assets**: 267,000,000 US dollars - **Transformation costs**: 93,000,000 US dollars - **Disaster charges**: 7,000,000 US dollars - **Acquisition, disposition and other related charges**: 204,000,000 US dollars - **Financing cost**: 495,000,000 US dollars - **Impairment of goodwill**: 0 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment (10 categories) - Page: https://plicit.ai/financials/hpe/fy2024-annual-income-statement/revenue-by-business-segment-10-categories - Chart image: https://plicit.ai/charts/hpe-fy2024-annual-revenue-by-business-segment-10-categories-sankey.png Income statement for 2023-11-01 through 2024-10-31. View: Business segment (10 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenue**: 30,127,000,000 US dollars - **Cost of revenue (calculated)**: 19,754,000,000 US dollars - **Gross profit (calculated)**: 10,373,000,000 US dollars - **Operating expenses (calculated)**: 8,183,000,000 US dollars - **Earnings from operations**: 2,190,000,000 US dollars - **Other income (expense), net (calculated)**: 763,000,000 US dollars - **Earnings before provision for taxes**: 2,953,000,000 US dollars - **Provision for taxes**: 374,000,000 US dollars - **Net earnings attributable to HPE**: 2,579,000,000 US dollars - **Server**: 16,205,000,000 US dollars - **Hybrid Cloud**: 5,386,000,000 US dollars - **Intelligent Edge**: 4,532,000,000 US dollars - **Financial Services**: 3,512,000,000 US dollars - **Corporate Investments and Other**: 1,014,000,000 US dollars - **Cost of products and services**: 19,754,000,000 US dollars - **Research and development**: 2,246,000,000 US dollars - **Selling, general and administrative**: 4,871,000,000 US dollars - **Amortization of intangible assets**: 267,000,000 US dollars - **Transformation costs**: 93,000,000 US dollars - **Disaster charges**: 7,000,000 US dollars - **Acquisition, disposition and other related charges**: 204,000,000 US dollars - **Financing cost**: 495,000,000 US dollars - **Impairment of goodwill**: 0 US dollars - **Revenue before reconciliation (calculated)**: 30,649,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Server**: negative 274,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Hybrid Cloud**: negative 214,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Intelligent Edge**: negative 31,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Financial Services**: negative 3,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Corporate Investments and Other**: 0 US dollars. Reported reconciliation to consolidated revenue. - **Server costs (calculated)**: 14,387,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Hybrid Cloud costs (calculated)**: 5,141,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Intelligent Edge costs (calculated)**: 3,417,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Financial Services costs (calculated)**: 3,196,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Corporate Investments and Other costs (calculated)**: 1,039,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 757,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. - Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue. ## Chart details: Revenue by Geography - Page: https://plicit.ai/financials/hpe/fy2024-annual-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/hpe-fy2024-annual-revenue-by-geography-sankey.png Income statement for 2023-11-01 through 2024-10-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenue**: 30,127,000,000 US dollars - **Cost of revenue (calculated)**: 19,754,000,000 US dollars - **Gross profit (calculated)**: 10,373,000,000 US dollars - **Operating expenses (calculated)**: 8,183,000,000 US dollars - **Earnings from operations**: 2,190,000,000 US dollars - **Other income (expense), net (calculated)**: 763,000,000 US dollars - **Earnings before provision for taxes**: 2,953,000,000 US dollars - **Provision for taxes**: 374,000,000 US dollars - **Net earnings attributable to HPE**: 2,579,000,000 US dollars - **UNITED STATES**: 10,890,000,000 US dollars - **Americas excluding U.S.**: 2,345,000,000 US dollars - **Europe, Middle East and Africa**: 10,189,000,000 US dollars - **Asia Pacific and Japan**: 6,703,000,000 US dollars - **Cost of products and services**: 19,754,000,000 US dollars - **Research and development**: 2,246,000,000 US dollars - **Selling, general and administrative**: 4,871,000,000 US dollars - **Amortization of intangible assets**: 267,000,000 US dollars - **Transformation costs**: 93,000,000 US dollars - **Disaster charges**: 7,000,000 US dollars - **Acquisition, disposition and other related charges**: 204,000,000 US dollars - **Financing cost**: 495,000,000 US dollars - **Impairment of goodwill**: 0 US dollars ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income. ## Chart details: Revenue by Business Segment (5 categories) - Page: https://plicit.ai/financials/hpe/fy2024-annual-income-statement/revenue-by-business-segment-5-categories - Chart image: https://plicit.ai/charts/hpe-fy2024-annual-revenue-by-business-segment-5-categories-sankey.png Income statement for 2023-11-01 through 2024-10-31. View: Business segment (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenue**: 30,127,000,000 US dollars - **Cost of revenue (calculated)**: 19,754,000,000 US dollars - **Gross profit (calculated)**: 10,373,000,000 US dollars - **Operating expenses (calculated)**: 8,183,000,000 US dollars - **Earnings from operations**: 2,190,000,000 US dollars - **Other income (expense), net (calculated)**: 763,000,000 US dollars - **Earnings before provision for taxes**: 2,953,000,000 US dollars - **Provision for taxes**: 374,000,000 US dollars - **Net earnings attributable to HPE**: 2,579,000,000 US dollars - **Server**: 15,931,000,000 US dollars - **Hybrid Cloud**: 5,172,000,000 US dollars - **Intelligent Edge**: 4,501,000,000 US dollars - **Financial Services**: 3,509,000,000 US dollars - **Corporate Investments and Other**: 1,014,000,000 US dollars - **Cost of products and services**: 19,754,000,000 US dollars - **Research and development**: 2,246,000,000 US dollars - **Selling, general and administrative**: 4,871,000,000 US dollars - **Amortization of intangible assets**: 267,000,000 US dollars - **Transformation costs**: 93,000,000 US dollars - **Disaster charges**: 7,000,000 US dollars - **Acquisition, disposition and other related charges**: 204,000,000 US dollars - **Financing cost**: 495,000,000 US dollars - **Impairment of goodwill**: 0 US dollars - **Server costs (calculated)**: 14,387,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Hybrid Cloud costs (calculated)**: 5,141,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Intelligent Edge costs (calculated)**: 3,417,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Financial Services costs (calculated)**: 3,196,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Corporate Investments and Other costs (calculated)**: 1,039,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 757,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. ### Chart connections - Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income. - Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.