HP Inc. (HPQ)

NYSE Information Technology Technology Hardware, Storage & Peripherals S&P 500

$28.46

-0.98 (-3.33%)

Close of Nov 06, 2026 · end-of-day data

Source: HP Inc.'s 10-K / 10-Q XBRL data on SEC EDGAR · fetched Nov 05, 2026

Revenue, net income & free cash flow

Income statement

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$48.24B	$52.06B	$58.47B	$58.76B	$56.64B	$63.46B	$62.91B	$53.72B	$53.56B	$55.30B
Cost of revenue	$39.24B	$42.48B	$47.80B	$47.59B	$46.22B	$50.05B	$50.65B	$42.21B	$41.74B	$43.90B
Gross profit	$9.00B	$9.58B	$10.67B	$11.17B	$10.42B	$13.41B	$12.26B	$11.51B	$11.82B	$11.39B
Research & development	$1.21B	$1.19B	$1.40B	$1.50B	$1.48B	$1.85B	$1.65B	$1.58B	$1.64B	$1.60B
Selling, general & admin	$3.83B	$4.53B	$5.10B	$5.37B	$4.90B	$5.73B	$5.26B	$5.36B	$5.66B	$5.82B
Operating income	$3.55B	$3.37B	$3.83B	$3.88B	$3.44B	$5.36B	$4.56B	$3.46B	$3.82B	$3.17B
Interest expense	$273.00M	$309.00M	$312.00M	$242.00M	$239.00M	$254.00M	$359.00M	$548.00M	$452.00M	$430.00M
Pre-tax income	$3.76B	$3.28B	$3.01B	$2.52B	$3.21B	$7.57B	$4.32B	$2.94B	$3.28B	$2.67B
Income tax	$1.09B	$750.00M	-$2.31B	-$629.00M	$396.00M	$1.03B	$1.19B	-$326.00M	$504.00M	$139.00M
Net income	$2.50B	$2.53B	$5.33B	$3.15B	$2.81B	$6.54B	$3.13B	$3.26B	$2.77B	$2.53B
EBITDA	$3.88B	$3.72B	$4.36B	$4.62B	$4.23B	$6.14B	$5.34B	$4.31B	$4.65B	$4.09B
EPS (basic)	$1.44	$1.50	$3.30	$2.08	$1.99	$5.41	$3.02	$3.29	$2.83	$2.67
EPS (diluted)	$1.43	$1.48	$3.26	$2.07	$1.98	$5.36	$2.98	$3.26	$2.81	$2.65
Diluted shares	1.74B	1.70B	1.63B	1.52B	1.42B	1.22B	1.05B	1.00B	989.00M	953.00M
Gross margin	18.7%	18.4%	18.2%	19.0%	18.4%	21.1%	19.5%	21.4%	22.1%	20.6%
Operating margin	7.4%	6.5%	6.6%	6.6%	6.1%	8.4%	7.2%	6.4%	7.1%	5.7%
Net margin	5.2%	4.9%	9.1%	5.4%	5.0%	10.3%	5.0%	6.1%	5.2%	4.6%

Balance sheet

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Cash & equivalents	$6.29B	$7.00B	$5.17B	$4.54B	$4.86B	$4.30B	$3.15B	$3.11B	$3.24B	$3.69B
Short-term investments	—	$1.15B	$711.00M	$0	$274.00M	$5.00M	—	—	—	—
Receivables	$4.11B	$4.41B	$5.11B	$6.03B	$5.38B	$5.54B	$4.55B	$4.24B	$5.12B	$5.69B
Inventory	$4.48B	$5.79B	$6.06B	$5.73B	$5.96B	$7.93B	$7.61B	$6.86B	$7.72B	$8.51B
Total current assets	$18.47B	$22.32B	$21.39B	$20.18B	$20.65B	$22.17B	$19.74B	$17.98B	$20.76B	$22.45B
Goodwill	$5.62B	$5.62B	$5.97B	$6.37B	$6.38B	$6.80B	$8.54B	$8.59B	$8.63B	$8.71B
Total assets	$28.99B	$32.91B	$34.62B	$33.47B	$34.68B	$38.60B	$38.49B	$37.00B	$39.91B	$41.77B
Total current liabilities	$18.81B	$22.41B	$25.13B	$25.29B	$26.22B	$29.06B	$26.19B	$24.49B	$28.69B	$29.26B
Short-term debt	$78.00M	$1.07B	$1.46B	$357.00M	$674.00M	$1.11B	$218.00M	$230.00M	$1.41B	$845.00M
Long-term debt	$6.74B	$6.75B	$4.52B	$4.78B	$5.54B	$6.39B	$10.80B	$9.25B	$8.26B	$8.82B
Total debt	$6.81B	$7.82B	$5.99B	$5.14B	$6.22B	$7.49B	$11.01B	$9.48B	$9.67B	$9.67B
Total liabilities	$32.88B	$36.32B	$35.26B	$34.68B	$36.96B	$40.25B	$41.52B	$38.07B	$41.23B	$42.12B
Shareholders' equity	-$3.89B	-$3.41B	-$639.00M	-$1.21B	-$2.27B	-$1.64B	-$3.02B	-$1.07B	-$1.32B	-$346.00M

Cash flow

fiscal years · USD

Fiscal year	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
Operating cash flow	$3.25B	$3.68B	$4.53B	$4.65B	$4.32B	$6.41B	$4.46B	$3.57B	$3.75B	$3.70B
Capital expenditures	$433.00M	$402.00M	$546.00M	$671.00M	$580.00M	$582.00M	$765.00M	$593.00M	$592.00M	$897.00M
Free cash flow	$2.82B	$3.27B	$3.98B	$3.98B	$3.74B	$5.83B	$3.70B	$2.98B	$3.16B	$2.80B
Investing cash flow	$48.00M	-$1.72B	-$716.00M	-$438.00M	-$1.02B	-$1.01B	-$3.55B	-$590.00M	-$646.00M	-$1.18B
Financing cash flow	-$14.45B	-$1.25B	-$5.64B	-$4.84B	-$2.97B	-$5.96B	-$2.07B	-$2.89B	-$3.08B	-$2.06B
Dividends paid	$858.00M	$894.00M	$899.00M	$970.00M	$997.00M	$938.00M	$1.04B	$1.04B	$1.07B	$1.09B
Share buybacks	$1.16B	$1.41B	$2.56B	$2.40B	$3.11B	$6.25B	$4.30B	$100.00M	$2.10B	$850.00M
Stock-based compensation	$182.00M	$224.00M	$268.00M	$297.00M	$278.00M	$330.00M	$343.00M	$438.00M	$452.00M	$522.00M
Depreciation & amortization	$332.00M	$354.00M	$528.00M	$744.00M	$789.00M	$785.00M	$780.00M	$850.00M	$830.00M	$916.00M

Income statement

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Revenue	$13.82B	$13.19B	$12.80B	$13.52B	$14.05B	$13.50B	$13.22B	$13.93B	$14.64B	$14.44B	$14.41B	$15.68B
Cost of revenue	$10.83B	$10.30B	$9.78B	$10.61B	$11.05B	$10.66B	$10.48B	$11.08B	$11.68B	$11.60B	$11.39B	$12.73B
Gross profit	$2.98B	$2.89B	$3.02B	$2.91B	$3.00B	$2.84B	$2.74B	$2.85B	$2.96B	$2.83B	$3.02B	$2.94B
Research & development	$411.00M	$399.00M	$436.00M	$413.00M	$392.00M	$397.00M	$401.00M	$406.00M	$398.00M	$392.00M	$432.00M	$389.00M
Selling, general & admin	$1.33B	$1.38B	$1.46B	$1.40B	$1.41B	$1.46B	$1.48B	$1.45B	$1.43B	$1.50B	$1.51B	$1.54B
Operating income	$1.01B	$935.00M	$952.00M	$940.00M	$991.00M	$845.00M	$654.00M	$716.00M	$959.00M	$759.00M	$612.00M	$892.00M
Interest expense	$119.00M	$116.00M	$122.00M	$111.00M	$109.00M	$104.00M	$114.00M	$111.00M	$101.00M	$99.00M	$98.00M	$96.00M
Pre-tax income	$852.00M	$793.00M	$797.00M	$827.00M	$862.00M	$704.00M	$506.00M	$624.00M	$834.00M	$671.00M	$493.00M	$798.00M
Income tax	-$122.00M	$171.00M	$190.00M	$187.00M	-$44.00M	$139.00M	$100.00M	-$139.00M	$39.00M	$126.00M	$43.00M	$137.00M
Net income	$974.00M	$622.00M	$607.00M	$640.00M	$906.00M	$565.00M	$406.00M	$763.00M	$795.00M	$545.00M	$450.00M	$661.00M
EBITDA	$1.23B	$1.14B	$1.16B	$1.15B	$1.20B	$1.04B	$859.00M	$1.02B	$1.17B	$973.00M	$876.00M	$1.14B
EPS (basic)	$0.98	$0.63	$0.62	$0.65	$0.93	$0.60	$0.43	$0.81	$0.84	$0.59	$0.49	$0.72
EPS (diluted)	$0.97	$0.62	$0.61	$0.65	$0.93	$0.59	$0.42	$0.80	$0.83	$0.58	$0.49	$0.71
Diluted shares	1.00M	1.00B	990.00M	990.00M	-5.00M	957.00M	956.00M	954.00M	-2.00M	932.00M	925.00M	927.00M
Gross margin	21.6%	21.9%	23.6%	21.5%	21.4%	21.0%	20.7%	20.5%	20.2%	19.6%	20.9%	18.8%
Operating margin	7.3%	7.1%	7.4%	7.0%	7.1%	6.3%	4.9%	5.1%	6.6%	5.3%	4.2%	5.7%
Net margin	7.0%	4.7%	4.7%	4.7%	6.4%	4.2%	3.1%	5.5%	5.4%	3.8%	3.1%	4.2%

Balance sheet

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Cash & equivalents	$3.11B	$2.26B	$2.44B	$2.79B	$3.24B	$2.88B	$2.70B	$2.87B	$3.69B	$3.15B	$3.70B	$4.17B
Receivables	$4.24B	$3.80B	$4.32B	$4.66B	$5.12B	$4.19B	$4.34B	$5.12B	$5.69B	$5.33B	$6.12B	$7.17B
Inventory	$6.86B	$6.93B	$7.51B	$7.79B	$7.72B	$8.44B	$8.18B	$8.36B	$8.51B	$8.74B	$9.20B	$10.32B
Total current assets	$17.98B	$16.86B	$18.59B	$19.32B	$20.76B	$19.83B	$19.46B	$20.57B	$22.45B	$22.23B	$23.98B	$26.75B
Goodwill	$8.59B	$8.61B	$8.59B	$8.61B	$8.63B	$8.60B	$8.71B	$8.71B	$8.71B	$8.72B	$8.73B	$8.73B
Total assets	$37.00B	$35.85B	$37.43B	$38.06B	$39.91B	$38.93B	$38.80B	$39.85B	$41.77B	$41.53B	$42.94B	$45.70B
Total current liabilities	$24.49B	$23.86B	$24.84B	$27.04B	$28.69B	$27.43B	$26.56B	$27.86B	$29.26B	$29.29B	$30.21B	$33.96B
Short-term debt	$230.00M	$359.00M	$265.00M	$1.40B	$1.41B	$1.42B	$1.45B	$820.00M	$845.00M	$861.00M	$810.00M	$1.29B
Long-term debt	$9.25B	$9.30B	$9.33B	$8.23B	$8.26B	$8.27B	$9.29B	$8.78B	$8.82B	$8.84B	$8.86B	$7.87B
Total debt	$9.48B	$9.66B	$9.59B	$9.62B	$9.67B	$9.69B	$10.74B	$9.60B	$9.67B	$9.70B	$9.67B	$9.16B
Total liabilities	$38.07B	$37.49B	$38.35B	$39.45B	$41.23B	$40.00B	$40.08B	$40.76B	$42.12B	$42.30B	$43.08B	$45.79B
Shareholders' equity	-$1.07B	-$1.64B	-$916.00M	-$1.39B	-$1.32B	-$1.07B	-$1.28B	-$901.00M	-$346.00M	-$766.00M	-$144.00M	-$92.00M

Cash flow

quarters · USD

Quarter ended	Oct 2023	Jan 2024	Apr 2024	Jul 2024	Oct 2024	Jan 2025	Apr 2025	Jul 2025	Oct 2025	Jan 2026	Apr 2026	Jul 2026
Operating cash flow	$1.98B	$121.00M	$581.00M	$1.42B	$1.62B	$374.00M	$38.00M	$1.66B	$1.62B	$383.00M	$926.00M	$1.74B
Capital expenditures	$134.00M	$158.00M	$119.00M	$162.00M	$153.00M	$302.00M	$183.00M	$215.00M	$197.00M	$233.00M	$170.00M	$187.00M
Free cash flow	$1.84B	-$37.00M	$462.00M	$1.26B	$1.47B	$72.00M	-$145.00M	$1.45B	$1.43B	$150.00M	$756.00M	$1.55B
Investing cash flow	-$20.00M	-$228.00M	-$49.00M	-$237.00M	-$132.00M	-$300.00M	-$833.00M	$20.00M	-$64.00M	-$269.00M	-$14.00M	-$182.00M
Financing cash flow	-$441.00M	-$708.00M	-$432.00M	-$826.00M	-$1.12B	-$433.00M	$631.00M	-$1.54B	-$721.00M	-$673.00M	-$363.00M	-$1.09B
Dividends paid	$260.00M	$275.00M	$269.00M	$268.00M	$263.00M	$273.00M	$273.00M	$272.00M	$270.00M	$277.00M	$274.00M	$274.00M
Share buybacks	$0	$500.00M	$100.00M	$600.00M	$900.00M	$100.00M	$100.00M	$200.00M	$500.00M	$325.00M	$100.00M	$300.00M
Stock-based compensation	$85.00M	$177.00M	$94.00M	$96.00M	$85.00M	$192.00M	$140.00M	$100.00M	$90.00M	$182.00M	$112.00M	$95.00M
Depreciation & amortization	$212.00M	$205.00M	$209.00M	$208.00M	$208.00M	$197.00M	$205.00M	$306.00M	$208.00M	$214.00M	$264.00M	$244.00M

Quarterly figures are rebuilt from the year-to-date totals companies report — Q4 is the full year minus the first nine months, since no 10-Q is filed for it. Values are as filed; later restatements replace earlier ones. Fiscal years are labelled by the calendar year in which they end.