HEWLETT PACKARD ENTERPRISE COMPANY (HPE) FY2024 Q1 P&L / Income Statement

HEWLETT PACKARD ENTERPRISE COMPANY (HPE) FY2024 Q1 P&L / Income Statement

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.