XML 20 R10.htm IDEA: XBRL DOCUMENT v3.25.1
Segment Information
6 Months Ended
Apr. 30, 2025
Segment Reporting [Abstract]  
Segment Information Segment Information
HP’s operations are organized into three reportable segments: Personal Systems, Printing, and Corporate Investments.
Personal Systems offers desktops, notebooks, and workstations (including HP’s portfolio of AI PCs and workstations), thin clients, retail point-of-sale (“POS”) systems, displays, hybrid systems, software, solutions including endpoint security and services. Personal Systems includes support and deployment, configurations and extended warranty services and maintains multi-operating system and multi-architecture strategies using Microsoft Windows and Google Chrome operating systems, and predominantly using processors from Intel, AMD, and NVIDIA.
Personal Systems groups its global business capabilities into the following business units when reporting business performance:
Commercial PS consists of endpoint computing devices and hybrid systems, for use by enterprise, public sector (which includes education), and small- and medium-sized business (“SMB”) customers. These devices include HP’s Pro and Elite commercial PC portfolio, HP’s Z line of workstations, thin clients, retail POS systems, and HP’s Dragonfly and Chromebook PCs. HP offers a range of secure services and solutions to commercial customers to help them manage the lifecycle of their PCs and mobility installed base.
•    Consumer PS consists of devices, accessories and services which are optimized for consumer usage, focusing on gaming, learning and working remotely, consuming multi-media for entertainment, managing personal life activities, sharing information and staying connected, informed, and secure. These devices include HP’s new Omni consumer PC portfolio, the Omen and Victus gaming lines, and HP’s Spectre, Envy, Pavilion and Chromebook PCs.
Printing provides consumer and commercial printer hardware, supplies, services and solutions. Printing is also focused on Graphics and 3D Printing and Personalization in the commercial and industrial markets. HP’s global business capabilities within Printing are described below:
Office Printing Solutions delivers HP’s security enhanced office printers, supplies, services, and solutions to SMBs, public sector and large enterprises. It also includes Original Equipment Manufacturer (“OEM”) hardware and solutions.
Home Printing Solutions delivers innovative and security enhanced printing products, supplies, services and solutions for the home, home business and micro business customers utilizing both HP’s Ink and Laser technologies.
Graphics Solutions delivers large-format, commercial and industrial solutions and supplies to print service providers and packaging converters through a wide portfolio of printers and presses.
3D Printing & Personalization offers a portfolio of additive manufacturing solutions and supplies to help customers succeed in their additive and digital manufacturing journey. HP offers complete solutions in collaboration with an ecosystem of partners.
Printing groups its global business capabilities into the following business units when reporting business performance:
Commercial Printing consists of office printing solutions, graphics solutions and 3D printing and personalization, excluding supplies;
Consumer Printing consists of home printing solutions, excluding supplies; and
Supplies comprises a set of highly innovative consumable products, ranging from ink and laser cartridges to media, industrial graphics supplies and 3D printing and personalization supplies, for recurring use in consumer and commercial hardware.
Corporate Investments includes certain business incubation and investment projects.
HP does not allocate certain operating expenses, which it manages at the corporate level, to its segments. These unallocated amounts include expenses such as certain corporate governance costs and infrastructure investments, stock-based compensation expense, restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, and certain litigation charges.
Segment operating results and the reconciliation to HP consolidated results were as follows:
 Three months ended April 30Six months ended April 30
 2025202420252024
In millions
Net revenue:
Commercial PS$6,786 $6,242 $13,431 $12,287 
Consumer PS2,238 2,184 4,817 4,948 
Personal Systems9,024 8,426 18,248 17,235 
Supplies2,725 2,864 5,551 5,727 
Commercial Printing1,167 1,205 2,311 2,432 
Consumer Printing289 299 588 584 
Printing4,181 4,368 8,450 8,743 
Corporate Investments16 27 
Total segment net revenue13,221 12,799 26,725 25,985 
Other(1)(1)— 
Total net revenue$13,220 $12,800 $26,724 $25,985 
  
Earnings before taxes:
Personal Systems$409 $508 $916 $1,045 
Printing814 829 1,624 1,701 
Corporate Investments(37)(30)(64)(67)
Total segment earnings from operations1,186 1,307 2,476 2,679 
Corporate and unallocated costs and other(85)(88)(199)(177)
Stock-based compensation expense(140)(94)(332)(271)
Restructuring and other charges(122)(71)(192)(134)
Acquisition and divestiture charges(17)(22)(23)(49)
Amortization of intangible assets(65)(80)(128)(161)
Certain litigation charges
(103)— (103)— 
Interest and other, net(148)(155)(289)(297)
Total earnings before taxes$506 $797 $1,210 $1,590