| HP INC. AND SUBSIDIARIES
SEGMENT OPERATING MARGIN SUMMARY (Unaudited) | ||||||||||||
| Three months ended | Change (pts) | |||||||||||
| October 31, 2023 | July 31, 2023 | October 31, 2022 | Q/Q | Y/Y | ||||||||
| Segment operating margin:(a) | ||||||||||||
| Personal Systems | 6.7 | % | 6.6 | % | 4.2 | % | 0.1pts | 2.5pts | ||||
| Printing | 18.9 | % | 18.6 | % | 19.7 | % | 0.3pts | (0.8)pts | ||||
| Corporate Investments(b) | NM | NM | NM | NM | NM | |||||||
| Total segment | 10.3 | % | 10.3 | % | 8.6 | % | —pts | 1.7pts | ||||
| Twelve months ended | Change (pts) | ||||||
| October 31, 2023 | October 31, 2022 | Y/Y | |||||
| Segment operating margin:(a) | |||||||
| Personal Systems | 6.0 | % | 6.3 | % | (0.3)pts | ||
| Printing | 18.9 | % | 19.1 | % | (0.2)pts | ||
| Corporate Investments (b) | NM | NM | NM | ||||
| Total segment | 10.0 | % | 9.8 | % | 0.2pts | ||
| (a) Effective at the beginning of the first quarter of fiscal 2023, in connection with organizational realignments, certain costs which were earlier reflected under “Corporate and unallocated cost and other”, have now been reclassified to the Personal Systems and Printing segments. HP has reflected this change to its prior reporting periods on an as-if basis. The reporting change had no impact to previously reported segment net revenue, consolidated net revenue, net earnings or net EPS. | |||||||
| (b) "NM" represents not meaningful. | |||||||
