HP Inc. (HPQ) — Financial statements
Income statement, balance sheet, and cash flow for HP Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 55,295↑3.2% | 53,559↓0.3% | 53,718↓14.6% | 62,910↓0.9% | 63,460 | |
| Cost of Revenue | 44,248↑6.0% | 41,741↓1.1% | 42,210↓16.7% | 50,647↑1.2% | 50,053 | |
| Gross Profit | 11,047↓6.5% | 11,818↑2.7% | 11,508↓6.2% | 12,263↓8.5% | 13,407 | |
| Operating Expenses | ||||||
| R&D Expenses | 1,602↓2.3% | 1,640↑3.9% | 1,578↓4.5% | 1,653↓10.6% | 1,848 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00↓100.0% | 5,264↓8.3% | 5,741 | |
| SG&A Expenses | 5,821↑2.9% | 5,658↑5.6% | 5,357↑1.8% | 5,264↓8.1% | 5,727 | |
| Other Expenses | 0.00↓100.0% | 702↓37.2% | 1,117↑41.9% | 787↑66.4% | 473 | |
| Operating Expenses | 7,423↓7.2% | 8,000↓0.6% | 8,052↑4.5% | 7,704↓4.3% | 8,048 | |
| Total Costs & Expenses | 51,671↑3.9% | 49,741↓1.0% | 50,262↓13.9% | 58,351↑0.4% | 58,101 | |
| Operating Results | ||||||
| Operating Income | 3,624↓5.1% | 3,818↑10.5% | 3,456↓24.2% | 4,559↓14.9% | 5,359 | |
| Depreciation & Amortization | 916↑10.4% | 830↓2.4% | 850↑9.0% | 780↓0.6% | 785 | |
| EBITDA | 4,090↓13.3% | 4,716↑5.5% | 4,471↓18.2% | 5,463↓36.5% | 8,607 | |
| EBIT | 3,174↓18.3% | 3,886↑7.3% | 3,621↓22.7% | 4,683↓40.1% | 7,822 | |
| Interest & Other Income | ||||||
| Net Interest Income | -506↑16.6% | -607↑11.3% | -684↓90.5% | -359↓41.3% | -254 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 506↓16.6% | 607↓11.3% | 684↑90.5% | 359↑41.3% | 254 | |
| Non-Operating Income | 450↑761.8% | -68↑58.8% | -165↓33.1% | -124↑95.0% | -2,463 | |
| Other Income / Expenses | -956↓77.4% | -539↓3.9% | -519↓120.9% | -235↓110.6% | 2,209 | |
| Income Before Tax | 2,668↓18.6% | 3,279↑11.6% | 2,937↓32.1% | 4,324↓42.9% | 7,568 | |
| Income Tax Expense | 139↓72.4% | 504↑254.6% | -326↓127.3% | 1,192↑16.1% | 1,027 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 2,529↓8.9% | 2,775↓15.0% | 3,263↑4.2% | 3,132↓52.1% | 6,541 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 2,529↓8.9% | 2,775↓15.0% | 3,263↑4.2% | 3,132↓52.1% | 6,541 | |
| Bottom-Line Net Income | 2,529↓8.9% | 2,775↓15.0% | 3,263↑4.2% | 3,132↓52.1% | 6,541 | |
| EPS (Basic) | 2.67↓5.7% | 2.83↓14.0% | 3.29↑8.9% | 3.02↓44.2% | 5.41 | |
| EPS (Diluted) | 2.65↓5.7% | 2.81↓13.8% | 3.26↑9.4% | 2.98↓44.4% | 5.36 | |
| Weighted Average Shares | 946↓3.4% | 979↓1.3% | 992↓4.4% | 1,038↓14.1% | 1,208 | |
| Weighted Average Diluted Shares | 953↓3.6% | 989↓1.1% | 1,000↓4.8% | 1,050↓13.9% | 1,220 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.