HP Inc. Cash Flow Statement

Financials in millions USD. Fiscal year is November - October.

Millions USD. Fiscal year is Nov - Oct.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jan '26 Jan 31, 2026	Oct '25 Oct 31, 2025	Oct '24 Oct 31, 2024	Oct '23 Oct 31, 2023	Oct '22 Oct 31, 2022	Oct '21 Oct 31, 2021
Net Income	2,509	2,529	2,775	3,263	3,132	6,541
Depreciation & Amortization	933	916	830	850	780	785
Stock-Based Compensation	512	522	452	438	343	330
Other Adjustments	551	515	141	-406	1,270	72
Change in Receivables	-1,126	-524	-929	278	1,285	-105
Changes in Inventories	-337	-828	-852	668	214	-2,180
Changes in Accounts Payable	1,747	1,142	2,840	-1,240	-909	1,257
Changes in Income Taxes Payable	-431	-391	-24	198	-134	59
Changes in Other Operating Activities	-652	-184	-1,484	-478	-1,518	-350
Operating Cash Flow	3,706	3,697	3,749	3,571	4,463	6,409
Operating Cash Flow Growth	-7.40%	-1.39%	4.98%	-19.99%	-30.36%	48.49%
Capital Expenditures	-828	-897	-592	-593	-765	-582
Purchases of Investments	-42	-40	-4	-11	-52	-28
Proceeds from Sale of Investments	88	74	8	21	9	304
Payments for Business Acquisitions	-58	-116	-58	-7	-2,755	-854
Proceeds from Business Divestments	92	66	-	-	-	-
Other Investing Activities	127	-264	-	-	14	148
Investing Cash Flow	-1,291	-1,177	-646	-590	-3,549	-1,012
Short-Term Debt Issued	-	-	-	-10	-400	400
Net Short-Term Debt Issued (Repaid)	-	-	-	-10	-400	400
Long-Term Debt Issued	1,392	1,385	380	255	4,175	2,121
Long-Term Debt Repaid	-1,424	-1,387	-213	-1,700	-693	-1,245
Net Long-Term Debt Issued (Repaid)	-32	-2	167	-1,445	3,482	876
Issuance of Common Stock	-107	-126	-74	-99	-95	-51
Repurchase of Common Stock	-1,075	-850	-2,100	-100	-4,297	-6,249
Net Common Stock Issued (Repurchased)	-1,182	-976	-2,174	-199	-4,392	-6,300
Common Dividends Paid	-1,092	-1,088	-1,075	-1,037	-1,037	-938
Other Financing Activities	3	6	-	-203	279	-
Financing Cash Flow	-2,300	-2,060	-3,082	-2,894	-2,068	-5,962
Net Cash Flow	115	460	21	87	-1,154	-565
Free Cash Flow	2,878	2,800	3,157	2,978	3,698	5,827
Free Cash Flow Growth	2.79%	-11.31%	6.01%	-19.47%	-36.54%	55.97%
FCF Margin	5.12%	5.06%	5.89%	5.54%	5.88%	9.18%
Free Cash Flow Per Share	3.04	2.94	3.19	2.98	3.52	4.78
Levered Free Cash Flow	2,909	2,285	3,660	1,213	3,882	6,806
Unlevered Free Cash Flow	3,092	3,097	5,123	2,477	3,484	5,075

Updated Jan 31, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.