Hewlett Packard Enterprise (HPE) 10-K Summary — Year Ended Oct 31, 2023
Hewlett Packard Enterprise filed its annual report for the fiscal year ended October 31, 2023. The report provides an overview of the company's business, financial performance, risk factors, and liquidity position.
Key takeaway
Year ended Oct 31, 2023 · FY2025 10-K
Hewlett Packard Enterprise filed its annual report for the fiscal year ended October 31, 2023. The report provides an overview of the company's business, financial performance, risk factors, and liquidity position.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$29.1B
Revenue reported for the fiscal year.
Operating income
$2.1B
Income from operations reported for the year.
Net income
$2B
Net income reported for the year.
Operating cash flow
$4.4B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 31, 2021 | $27.8B | n/a |
| Oct 31, 2022 | $28.5B | +2.6% |
| Oct 31, 2023 | $29.1B | +2.2% |
Business overview
Hewlett Packard Enterprise is an enterprise technology company that offers IT solutions and services. The filing describes its business overview and the segments through which it operates.
Financial performance
Revenue increased compared to the prior year. Operating income and net income were positive, and the company generated positive operating cash flow.
Material risks
The filing identifies risk factors including market competition, technological changes, and macroeconomic conditions. It also discusses risks related to strategic transactions, such as the planned disposition of H3C shares, and global operations.
Liquidity and capital
The company's positive operating cash flow supports its liquidity. The filing discusses capital allocation themes including share repurchases and debt repayments.
What to watch
Readers should monitor the completion of the disposition of H3C shares and the use of proceeds from that transaction.