Hewlett Packard Enterprise
HPEQ4 2023Derived5% AI
AI Revenue %
5%
AI Fair Value
$1.3B
AI Revenue (Q)
$350.1M
Total Revenue (Q)
$7.0B
Source: SEC EDGAR 10-K Filing
View 10-K on SEC.govAnalysis
Q4 FY2023 (ended October 31, 2023). Full-year FY2023 total revenue was $29,135M (per manifest annualRevenue). Q4 FY2023 implied revenue: $29,135M - $21,784M (9 months) = $7,351M. The FY2023 10-K introduces expanded AI language: LLMs, training/tuning/inferencing, and GreenLake for LLMs. AI demand was accelerating significantly by late 2023. HPE's AI server backlog was growing rapidly. Effective beginning FY2024, HPE merged Compute and HPC & AI into a single 'Server' segment, suggesting AI was becoming a more central part of the business. Estimated AI-specific revenue from HPC & AI segment growing to ~35-40% of segment revenue + nascent AI inferencing from Compute. Conservative estimate: ~$367M. Math: $367M / $7,351M = 5.0%.
Analyzed by claude-opus-4-6
Quoted Figures
HPE GreenLake for LLMs
10-K FY2023, Item 1 Business Description (HPC & AI segment)
HPE ProLiant servers are the compute foundation for the fastest growing workloads in the industry including AI Inferencing
10-K FY2023, Item 1 Business Description (Compute segment)
AI Products Identified (Ring 1)
HPE Cray EX supercomputersHPE Cray XDHPE GreenLake for LLMsHPE ProLiant AI inferencing servers
AI-Enabled Items (Ring 2 — Not Counted)
These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.
Compute segment (non-AI ProLiant)HPC workloads (non-AI)Transaction processing (NonStop)StorageIntelligent Edge
Confidence Tier
DerivedCalculated from reported segments primarily serving AI