# HEWLETT PACKARD ENTERPRISE COMPANY (HPE) FY2024 Q1 P&L / Income Statement - Company: HEWLETT PACKARD ENTERPRISE COMPANY (HPE) - Period: 2023-11-01 to 2024-01-31 - Filing: Q1 FY2024 10-Q, filed 2024-03-05, accession number 0001645590-24-000069 - Page: https://plicit.ai/financials/hpe/fy2024-q1-income-statement - Chart image: https://plicit.ai/charts/hpe-fy2024-q1-income-statement-sankey.png ## Chart details: Revenue by Product and Service Income statement for 2023-11-01 through 2024-01-31. View: Revenue categories. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenue**: 6,755,000,000 US dollars - **Cost of revenue (calculated)**: 4,179,000,000 US dollars - **Gross profit (calculated)**: 2,576,000,000 US dollars - **Operating expenses (calculated)**: 2,051,000,000 US dollars - **Earnings from operations**: 525,000,000 US dollars - **Other income (expense), net (calculated)**: negative 42,000,000 US dollars - **Earnings before provision for taxes**: 483,000,000 US dollars - **Provision for taxes**: 96,000,000 US dollars - **Net earnings**: 387,000,000 US dollars - **Products**: 3,956,000,000 US dollars - **Services**: 2,643,000,000 US dollars - **Financing income**: 156,000,000 US dollars - **Cost of products and services**: 4,179,000,000 US dollars - **Amortization of intangible assets**: 71,000,000 US dollars - **Acquisition, disposition and other related charges**: 43,000,000 US dollars - **Disaster charges**: 0 US dollars - **Financing cost**: 119,000,000 US dollars - **Research and development**: 582,000,000 US dollars - **Transformation costs**: 20,000,000 US dollars - **Selling, general and administrative**: 1,216,000,000 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-q1-income-statement/revenue-by-business-segment-10-categories - Chart image: https://plicit.ai/charts/hpe-fy2024-q1-revenue-by-business-segment-10-categories-sankey.png Income statement for 2023-11-01 through 2024-01-31. View: Business segment (10 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenue**: 6,755,000,000 US dollars - **Cost of revenue (calculated)**: 4,179,000,000 US dollars - **Gross profit (calculated)**: 2,576,000,000 US dollars - **Operating expenses (calculated)**: 2,051,000,000 US dollars - **Earnings from operations**: 525,000,000 US dollars - **Other income (expense), net (calculated)**: negative 42,000,000 US dollars - **Earnings before provision for taxes**: 483,000,000 US dollars - **Provision for taxes**: 96,000,000 US dollars - **Net earnings**: 387,000,000 US dollars - **Server**: 3,352,000,000 US dollars - **Hybrid Cloud**: 1,248,000,000 US dollars - **Intelligent Edge**: 1,201,000,000 US dollars - **Financial Services**: 873,000,000 US dollars - **Corporate Investments and Other**: 238,000,000 US dollars - **Cost of products and services**: 4,179,000,000 US dollars - **Amortization of intangible assets**: 71,000,000 US dollars - **Acquisition, disposition and other related charges**: 43,000,000 US dollars - **Disaster charges**: 0 US dollars - **Financing cost**: 119,000,000 US dollars - **Research and development**: 582,000,000 US dollars - **Transformation costs**: 20,000,000 US dollars - **Selling, general and administrative**: 1,216,000,000 US dollars - **Revenue before reconciliation (calculated)**: 6,912,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation. - **Server**: negative 106,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Hybrid Cloud**: negative 42,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Intelligent Edge**: negative 8,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Financial Services**: negative 1,000,000 US dollars. Reported reconciliation to consolidated revenue. - **Corporate Investments and Other**: 0 US dollars. Reported reconciliation to consolidated revenue. - **Server costs (calculated)**: 2,969,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Hybrid Cloud costs (calculated)**: 1,201,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Intelligent Edge costs (calculated)**: 848,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Financial Services costs (calculated)**: 799,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Corporate Investments and Other costs (calculated)**: 248,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 165,000,000 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-q1-income-statement/revenue-by-geography - Chart image: https://plicit.ai/charts/hpe-fy2024-q1-revenue-by-geography-sankey.png Income statement for 2023-11-01 through 2024-01-31. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenue**: 6,755,000,000 US dollars - **Cost of revenue (calculated)**: 4,179,000,000 US dollars - **Gross profit (calculated)**: 2,576,000,000 US dollars - **Operating expenses (calculated)**: 2,051,000,000 US dollars - **Earnings from operations**: 525,000,000 US dollars - **Other income (expense), net (calculated)**: negative 42,000,000 US dollars - **Earnings before provision for taxes**: 483,000,000 US dollars - **Provision for taxes**: 96,000,000 US dollars - **Net earnings**: 387,000,000 US dollars - **UNITED STATES**: 2,294,000,000 US dollars - **Americas excluding U.S.**: 507,000,000 US dollars - **Europe, Middle East and Africa**: 2,434,000,000 US dollars - **Asia Pacific and Japan**: 1,520,000,000 US dollars - **Cost of products and services**: 4,179,000,000 US dollars - **Amortization of intangible assets**: 71,000,000 US dollars - **Acquisition, disposition and other related charges**: 43,000,000 US dollars - **Disaster charges**: 0 US dollars - **Financing cost**: 119,000,000 US dollars - **Research and development**: 582,000,000 US dollars - **Transformation costs**: 20,000,000 US dollars - **Selling, general and administrative**: 1,216,000,000 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-q1-income-statement/revenue-by-business-segment-5-categories - Chart image: https://plicit.ai/charts/hpe-fy2024-q1-revenue-by-business-segment-5-categories-sankey.png Income statement for 2023-11-01 through 2024-01-31. View: Business segment (5 categories). Revenue uses this breakdown; costs and expenses retain the consolidated categories. - **Total net revenue**: 6,755,000,000 US dollars - **Cost of revenue (calculated)**: 4,179,000,000 US dollars - **Gross profit (calculated)**: 2,576,000,000 US dollars - **Operating expenses (calculated)**: 2,051,000,000 US dollars - **Earnings from operations**: 525,000,000 US dollars - **Other income (expense), net (calculated)**: negative 42,000,000 US dollars - **Earnings before provision for taxes**: 483,000,000 US dollars - **Provision for taxes**: 96,000,000 US dollars - **Net earnings**: 387,000,000 US dollars - **Server**: 3,246,000,000 US dollars - **Hybrid Cloud**: 1,206,000,000 US dollars - **Intelligent Edge**: 1,193,000,000 US dollars - **Financial Services**: 872,000,000 US dollars - **Corporate Investments and Other**: 238,000,000 US dollars - **Cost of products and services**: 4,179,000,000 US dollars - **Amortization of intangible assets**: 71,000,000 US dollars - **Acquisition, disposition and other related charges**: 43,000,000 US dollars - **Disaster charges**: 0 US dollars - **Financing cost**: 119,000,000 US dollars - **Research and development**: 582,000,000 US dollars - **Transformation costs**: 20,000,000 US dollars - **Selling, general and administrative**: 1,216,000,000 US dollars - **Server costs (calculated)**: 2,969,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Hybrid Cloud costs (calculated)**: 1,201,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Intelligent Edge costs (calculated)**: 848,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Financial Services costs (calculated)**: 799,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Corporate Investments and Other costs (calculated)**: 248,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses. - **Reconciling items (calculated)**: 165,000,000 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.