Financials · HPQ

HP Inc. (HPQ) financials

For the twelve months ended Jul 31, 2026, HP Inc. reported $59.16B of revenue and $2.45B of net income.

Revenue, TTM
$59.16B
Revenue growth, YoY
+8.1%
Net income, TTM
$2.45B
Net income growth, YoY
-7.2%
Net margin
4.1%
Free cash flow, TTM
$3.88B
EPS, diluted, TTM
$2.62
EPS growth, YoY
-4.4%
Cash
$4.17B
Total debt
$9.16B
P/E
10.47
P/S
0.43
Market cap
$25.66B
Annual revenue$55.30B
FY2016FY2025
Annual net income$2.53B
FY2016FY2025
Annual free cash flow$2.80B
FY2016FY2025

HPQ revenue and earnings growth

HPQ revenueQ3 2026$15.68B

Quarter YoY
+12.5%
QoQ
+8.8%
FY YoY
+3.2%
5Y CAGR
-0.5%
10Y CAGR
+0.7%

HPQ revenue was $15.68B in fiscal Q3 2026 (ended Jul 31, 2026), up 12.5% from a year earlier and up 8.8% from the prior quarter. For the full fiscal 2025 it was $55.30B, up 3.2% from fiscal 2024. Compound annual growth was -0.5% over 5 years and +0.7% over 10 years. It rose in 5 of the last 10 fiscal years.

HPQ net incomeQ3 2026$661.00M

Quarter YoY
-13.4%
QoQ
+46.9%
FY YoY
-8.9%
5Y CAGR
-2.1%
10Y CAGR
-5.7%

HPQ net income was $661.00M in fiscal Q3 2026 (ended Jul 31, 2026), down 13.4% from a year earlier and up 46.9% from the prior quarter. For the full fiscal 2025 it was $2.53B, down 8.9% from fiscal 2024. Compound annual growth was -2.1% over 5 years and -5.7% over 10 years. It rose in 4 of the last 10 fiscal years.

HPQ EPSQ3 2026$0.71

Quarter YoY
-11.3%
QoQ
+44.9%
FY YoY
-5.7%
5Y CAGR
+6.0%
10Y CAGR
+0.7%

HPQ diluted EPS was $0.71 in fiscal Q3 2026 (ended Jul 31, 2026), down 11.3% from a year earlier and up 44.9% from the prior quarter. For the full fiscal 2025 it was $2.65, down 5.7% from fiscal 2024. Compound annual growth was +6.0% over 5 years and +0.7% over 10 years.

HPQ free cash flowQ3 2026$1.55B

Quarter YoY
+7.1%
QoQ
+104.8%
FY YoY
-11.3%
5Y CAGR
-5.6%
10Y CAGR
-2.0%

HPQ free cash flow was $1.55B in fiscal Q3 2026 (ended Jul 31, 2026), up 7.1% from a year earlier and up 104.8% from the prior quarter. For the full fiscal 2025 it was $2.80B, down 11.3% from fiscal 2024. Compound annual growth was -5.6% over 5 years and -2.0% over 10 years. It rose in 5 of the last 10 fiscal years.

Export CSV

Income statement

Income statement
Line item
Oct 31, 2025
Oct 31, 2024
Oct 31, 2023
Oct 31, 2022
Oct 31, 2021
Oct 31, 2020
Oct 31, 2019
Oct 31, 2018
Oct 31, 2017
Oct 31, 2016
Revenue$55.30B$53.56B$53.72B$62.91B$63.46B$56.64B$58.76B$58.47B$52.06B$48.24B
Cost of revenue$43.90B$41.74B$42.21B$50.65B$50.05B$46.22B$47.59B$47.80B$42.48B$39.24B
Gross profit$11.39B$11.82B$11.51B$12.26B$13.41B$10.42B$11.17B$10.67B$9.58B$9.00B
Research and development$1.60B$1.64B$1.58B$1.65B$1.85B$1.48B$1.50B$1.40B$1.19B$1.21B
Selling, general and admin$5.82B$5.66B$5.36B$5.26B$5.73B$4.90B$5.37B$5.10B$4.53B$3.83B
Operating income$3.17B$3.82B$3.46B$4.56B$5.36B$3.44B$3.88B$3.83B$3.37B$3.55B
Pre-tax income$2.67B$3.28B$2.94B$4.32B$7.57B$3.21B$2.52B$3.01B$3.28B$3.76B
Income tax$139.00M$504.00M-$326.00M$1.19B$1.03B$396.00M-$629.00M-$2.31B$750.00M$1.09B
Net income$2.53B$2.77B$3.26B$3.13B$6.54B$2.81B$3.15B$5.33B$2.53B$2.50B
EPS, basic$2.67$2.83$3.29$3.02$5.41$1.99$2.08$3.30$1.50$1.44
EPS, diluted$2.65$2.81$3.26$2.98$5.36$1.98$2.07$3.26$1.48$1.43
Diluted shares953.0M989.0M1.00B1.05B1.22B1.42B1.52B1.63B1.70B1.74B

Balance sheet

Balance sheet
Line item
Oct 31, 2025
Oct 31, 2024
Oct 31, 2023
Oct 31, 2022
Oct 31, 2021
Oct 31, 2020
Oct 31, 2019
Oct 31, 2018
Oct 31, 2017
Oct 31, 2016
Cash and equivalents$3.69B$3.24B$3.23B$3.15B$4.30B$4.86B$4.54B$5.17B$7.00B$6.29B
Receivables$5.69B$5.12B$4.24B$4.55B$5.54B$5.38B$6.03B$5.11B$4.41B$4.11B
Inventory$8.51B$7.72B$6.86B$7.61B$7.93B$5.96B$5.73B$6.06B$5.79B$4.48B
Current assets$22.45B$20.76B$17.98B$19.74B$22.17B$20.65B$20.18B$21.39B$22.32B$18.47B
Goodwill$8.71B$8.63B$8.59B$8.54B$6.80B$6.38B$6.37B$5.97B$5.62B$5.62B
Total assets$41.77B$39.91B$37.00B$38.49B$38.60B$34.68B$33.47B$34.62B$32.91B$28.99B
Current liabilities$29.26B$28.69B$24.49B$26.19B$29.06B$26.22B$25.29B$25.13B$22.41B$18.81B
Short-term debt$845.00M$1.41B$230.00M$218.00M$1.11B$674.00M$357.00M$1.46B$1.07B$78.00M
Long-term debt$8.82B$8.26B$9.25B$10.80B$6.39B$5.54B$4.78B$4.52B$6.75B$6.74B
Total debt$9.67B$9.67B$9.48B$11.01B$7.49B$6.22B$5.14B$5.99B$7.82B$6.81B
Total liabilities----$40.26B$36.91B$34.66B$35.26B$36.32B$32.88B
Shareholders' equity-$346.00M-$1.32B-$1.07B-$3.02B-$1.64B-$2.27B-$1.21B-$639.00M-$3.41B-$3.89B

Cash flow

Cash flow
Line item
Oct 31, 2025
Oct 31, 2024
Oct 31, 2023
Oct 31, 2022
Oct 31, 2021
Oct 31, 2020
Oct 31, 2019
Oct 31, 2018
Oct 31, 2017
Oct 31, 2016
Operating cash flow$3.70B$3.75B$3.57B$4.46B$6.41B$4.32B$4.65B$4.53B$3.68B$3.25B
Capital expenditures$897.00M$592.00M$593.00M$765.00M$582.00M$580.00M$671.00M$546.00M$402.00M$433.00M
Free cash flow$2.80B$3.16B$2.98B$3.70B$5.83B$3.74B$3.98B$3.98B$3.27B$2.82B
Investing cash flow-$1.18B-$646.00M-$590.00M-$3.55B-$1.01B-$1.02B-$438.00M-$716.00M-$1.72B$48.00M
Financing cash flow-$2.06B-$3.08B-$2.89B-$2.07B-$5.96B-$2.97B-$4.84B-$5.64B-$1.25B-$14.45B
Dividends paid$1.09B$1.07B$1.04B$1.04B$938.00M$997.00M$970.00M$899.00M$894.00M$858.00M
Share repurchases$850.00M$2.10B$100.00M$4.30B$6.25B$3.11B$2.40B$2.56B$1.41B$1.16B
Stock-based compensation$522.00M$452.00M$438.00M$343.00M$330.00M$278.00M$297.00M$268.00M$224.00M$182.00M
Depreciation and amortization$916.00M$830.00M$850.00M$780.00M$785.00M$789.00M$744.00M$528.00M$354.00M$332.00M

Key ratios

Key ratios
Line item
Oct 31, 2025
Oct 31, 2024
Oct 31, 2023
Oct 31, 2022
Oct 31, 2021
Oct 31, 2020
Oct 31, 2019
Oct 31, 2018
Oct 31, 2017
Oct 31, 2016
Revenue growth, YoY3.2%-0.3%-14.6%-0.9%12.0%-3.6%0.5%12.3%7.9%-6.3%
Net income growth, YoY-8.9%-15.0%4.2%-52.1%132.4%-10.7%-40.8%110.9%1.2%-45.2%
EPS growth, YoY-5.7%-13.8%9.4%-44.4%170.7%-4.3%-36.5%120.3%3.5%-42.3%
Gross margin20.6%22.1%21.4%19.5%21.1%18.4%19.0%18.2%18.4%18.7%
Operating margin5.7%7.1%6.4%7.2%8.4%6.1%6.6%6.6%6.5%7.4%
Net margin4.6%5.2%6.1%5.0%10.3%5.0%5.4%9.1%4.9%5.2%
Free cash flow margin5.1%5.9%5.5%5.9%9.2%6.6%6.8%6.8%6.3%5.8%
Return on assets6.1%7.0%8.8%8.1%16.9%8.1%9.4%15.4%7.7%8.6%
Current ratio0.770.720.730.750.760.790.800.851.000.98

Source: XBRL data HP Inc. files with the SEC, latest filing dated Aug 27, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

HPQ peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
HPQ$59.16B+8.1%$2.45B4.1%$25.66B
AAPL$478.83B+15.1%$132.18B27.6%$4.98T
IBM$69.87B+6.8%$11.17B16.0%$231.55B
DELL$151.20B+49.0%$11.38B7.5%$208.88B
SMCI$53.99B+156.5%$3.66B6.8%$18.89B
OMCL$1.24B+5.6%$44.66M3.6%$1.72B
OSS$41.99M-$429.3K1.0%$107.8M
ZEPP$258.90M+41.8%-$40.07M-15.5%$33.0M

HPQ FAQ

9 questions
  • What is HPQ revenue?
    HP Inc. (HPQ) reported $59.16B of revenue for the twelve months ended Jul 31, 2026. That is up 8.1% from the year before. Revenue for fiscal 2025 was $55.30B.
  • Is HPQ profitable?
    Yes. HP Inc. earned $2.45B in net income for the twelve months ended Jul 31, 2026, a net margin of 4.1%.
  • How much cash and debt does HPQ have?
    HP Inc. reported $4.17B in cash and cash equivalents and $9.16B of debt on its most recent balance sheet in SEC filings.
  • How fast is HPQ revenue growing?
    HP Inc.'s revenue changed +3.2% in fiscal 2025, to $55.30B. Its compound annual growth rate was -0.5% over 5 years and +0.7% over 10 years.
  • What is HPQ gross margin?
    HP Inc.'s gross profit was $11.76B on $59.16B of revenue for the twelve months ended Jul 31, 2026, a gross margin of 19.9%.
  • What is HPQ free cash flow?
    HP Inc. generated $3.88B of free cash flow for the twelve months ended Jul 31, 2026, which is operating cash flow of $4.67B less capital expenditures.
  • What is HPQ earnings per share?
    Diluted earnings per share were $2.62 for the twelve months ended Jul 31, 2026, from SEC filings, restated for any stock split those filings show.
  • When did HPQ last report financial results?
    The latest statements here come from HP Inc.'s 10-Q filed on Aug 27, 2026, covering the period ended Jul 31, 2026.
  • Where does this HPQ financial data come from?
    Quantisnow builds these statements from the structured XBRL data HP Inc. files with the SEC. It is provided for information only and is not investment advice.