HP Inc
Income Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $55.30B | $53.56B | $53.72B | $62.98B | $63.49B | $56.64B | $58.76B | $58.47B |
| Products | — | $50.56B | $50.82B | $59.96B | $60.68B | $54.11B | $56.19B | $55.95B |
| Services | — | $2.99B | $2.90B | $3.02B | $2.81B | $2.53B | $2.56B | $2.52B |
| Financing Income | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cost of Revenue | $43.90B | $41.74B | $42.21B | $50.65B | $50.05B | $46.22B | $47.59B | $47.80B |
| Gross Profit | $11.39B | $11.82B | $11.51B | $12.26B | $13.43B | $10.42B | $11.17B | $10.67B |
| Gross Margin | 20.6% | 22.1% | 21.4% | 19.5% | 21.2% | 18.4% | 19.0% | 18.2% |
| Operating Expenses | ||||||||
| Research & Development | $1.60B | $1.64B | $1.58B | $1.65B | $1.85B | $1.48B | $1.50B | $1.40B |
| SG&A Expense | $5.82B | $5.66B | $5.36B | $5.26B | $5.73B | $4.90B | $5.37B | $5.10B |
| Operating Income | $3.17B | $3.82B | $3.46B | $4.56B | $5.36B | $3.44B | $3.88B | $3.83B |
| Operating Margin | 5.7% | 7.1% | 6.4% | 7.2% | 8.4% | 6.1% | 6.6% | 6.6% |
| Interest Expense | $430.0M | $452.0M | $548.0M | $359.0M | $254.0M | $239.0M | $242.0M | $312.0M |
| Pretax Income | $2.67B | $3.28B | $2.94B | $4.32B | $7.57B | $3.21B | $2.52B | $3.01B |
| Income Tax Expense | $139.0M | $504.0M | $-326.0M | $1.19B | $1.03B | $396.0M | $-629.0M | $-2.31B |
| Net Income | $2.53B | $2.78B | $3.26B | $3.13B | $6.54B | $2.82B | $3.15B | $5.33B |
| Net Margin | 4.6% | 5.2% | 6.1% | 5.0% | 10.3% | 5.0% | 5.4% | 9.1% |
| EPS (Basic) | $2.67 | $2.83 | $3.29 | $3.02 | $5.41 | $1.99 | $2.08 | $3.30 |
| EPS (Diluted) | $2.65 | $2.81 | $3.26 | $2.98 | $5.36 | $1.98 | $2.07 | $3.26 |
| Shares Outstanding (Basic) | 946.0M | 979.0M | 992.0M | 1.04B | 1.21B | 1.41B | 1.52B | 1.62B |
| Shares Outstanding (Diluted) | 953.0M | 989.0M | 1.00B | 1.05B | 1.22B | 1.42B | 1.52B | 1.63B |
| Dividends Per Share | $1.16 | $1.10 | $1.05 | $1.00 | $0.78 | $0.70 | $0.64 | $0.56 |