AI brief of an SEC Form 8-K · HP (HPQ)

HP Inc. fiscal 2024 GAAP EPS $2.81 beat outlook; revenue down 0.3%; dividend up 5%

Mixed Impact 3 of 5 earnings Written later

HP reported fiscal 2024 results for the year ended October 31, 2024, with net revenue of $53.6 billion, down 0.3%, and GAAP diluted EPS of $2.81, down from $3.26 a year earlier but above its previously provided outlook. Fourth-quarter net revenue rose 1.7% to $14.1 billion, and the board raised the quarterly dividend 5% to $0.2894 per share. HP's fiscal 2025 non-GAAP diluted EPS outlook is $3.45 to $3.75, compared with $3.38 in fiscal 2024.

Key points

  • Fiscal 2024 net revenue was $53.6 billion, down 0.3%; GAAP diluted EPS was $2.81 versus $3.26 in fiscal 2023
  • Fourth-quarter net revenue was $14.1 billion, up 1.7%; non-GAAP diluted EPS was $0.93 versus $0.90
  • Quarterly dividend increased 5% to $0.2894 per share, payable January 2, 2025 to holders of record as of December 11, 2024
  • Fiscal 2025 outlook: non-GAAP diluted EPS of $3.45 to $3.75 and free cash flow of $3.2 billion to $3.6 billion

The filing

CompanyHP (HPQ)
Form8-K, current report
Filed with the SECNov 26, 2024, 4:17 PM ET
Accession number0000047217-24-000075

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:10 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on November 26, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.