HP Inc. (HPQ)

HP Inc. Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jul 31, 2025	Oct 31, 2024	Oct 31, 2023	Oct 31, 2022	Oct 31, 2021	Oct 31, 2020
Revenue	54,711	53,559	53,718	62,910	63,460	56,638
Revenue Growth (YoY)	2.61%	-0.30%	-14.61%	-0.87%	12.04%	-3.60%
Cost of Revenue	43,280	41,741	42,210	50,647	50,053	46,217
Gross Profit	11,431	11,818	11,508	12,263	13,407	10,421
Selling, General & Admin	5,800	5,658	5,357	5,264	5,727	4,901
Depreciation & Amortization Expenses	363	318	350	228	154	113
Research & Development	1,596	1,640	1,578	1,653	1,848	1,477
Other Operating Expenses	466	384	767	559	319	488
Total Operating Expenses	8,225	8,000	8,052	7,704	8,048	6,979
Operating Income	3,206	3,818	3,456	4,559	5,359	3,442
Total Non-Operating Income (Expense)	-510	-539	-519	-235	2,209	-231
Pretax Income	2,696	3,279	2,937	4,324	7,568	3,211
Provision for Income Taxes	56	504	-326	1,192	1,027	396
Net Income	2,640	2,775	3,263	3,132	6,541	2,815
Net Income to Common	2,640	2,775	3,263	3,132	6,541	2,815
Net Income Growth	-7.14%	-14.96%	4.18%	-52.12%	132.36%	-10.69%
Shares Outstanding (Basic)	951	979	992	1,038	1,208	1,413
Shares Outstanding (Diluted)	960	989	1,000	1,050	1,220	1,420
Shares Change (YoY)	-3.64%	-1.10%	-4.76%	-13.93%	-14.09%	-6.82%
EPS (Basic)	2.76	2.83	3.29	3.02	5.41	1.99
EPS (Diluted)	2.75	2.81	3.26	2.98	5.36	1.98
EPS Growth	-3.51%	-13.80%	9.40%	-44.40%	170.71%	-4.35%
Free Cash Flow	0	3,157	2,978	3,698	5,827	3,736
Free Cash Flow Growth	-	6.01%	-19.47%	-36.54%	55.97%	-6.20%
Free Cash Flow Per Share	-	3.19	2.98	3.52	4.78	2.63
Dividends Per Share	1.144	1.102	1.050	1.000	0.780	0.700
Dividend Growth	3.75%	4.99%	5.00%	28.21%	11.43%	9.38%
Gross Margin	20.89%	22.07%	21.42%	19.49%	21.13%	18.40%
Operating Margin	5.86%	7.13%	6.43%	7.25%	8.44%	6.08%
Profit Margin	4.83%	5.18%	6.07%	4.98%	10.31%	4.97%
FCF Margin	0.00%	5.89%	5.54%	5.88%	9.18%	6.60%
EBITDA	3,206	4,648	4,306	5,339	6,144	4,231
EBITDA Margin	5.86%	8.68%	8.02%	8.49%	9.68%	7.47%
EBIT	3,206	3,818	3,456	4,559	5,359	3,442
EBIT Margin	5.86%	7.13%	6.43%	7.25%	8.44%	6.08%
Effective Tax Rate	2.08%	15.37%	-11.10%	27.57%	13.57%	12.33%

Updated Aug 27, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q