NYSE · Technology · Fiscal year endsFY ends October

HP Inc

HPQ

$28.11-0.32 (-1.13%)Today

52-week low $17.56high $36.23

22.4% below its 52-week high

Next earningsDec 1, 2026 · after the close

Revenue by fiscal year, $ billions

+15% over the years shown (FY16–FY25)

Fiscal years · gold is the latest

48.2

FY16

—

FY17

58.5

FY18

58.8

FY190%

56.6

FY20-4%

63.5

FY21+12%

62.9

FY22-1%

53.7

FY23-15%

53.6

FY240%

55.3

FY25+3%

Ten years, as filed

Income, cash flow and balance sheet

$ billions · gold is the latest

$ billions	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Income
Revenue	48.24	—	58.47	58.76	56.64^†	63.46^†	62.91^†	53.72	53.56	55.30
Revenue growth	-6%	—	—	0%	-4%	+12%	-1%	-15%	0%	+3%
Gross margin	18.7%	—	18.2%	19.0%	18.4%	21.1%	19.5%	21.4%	22.1%	20.6%
Operating income	3.55	—	3.83^†	3.88	3.44^†	5.36^†	4.56^†	3.46	3.82	3.17
Operating margin	7.4%	—	6.6%	6.6%	6.1%	8.4%	7.2%	6.4%	7.1%	5.7%
Net income	2.50	—	5.33	3.15	2.82^†	6.54^†	3.13^†	3.26	2.78	2.53
Net margin	5.2%	—	9.1%	5.4%	5.0%	10.3%	5.0%	6.1%	5.2%	4.6%
Cash flow
Operating cash flow	3.25^†	—	4.53	4.65	4.32	6.41	4.46	3.57	3.75	3.70
Capital expenditure	0.43	—	0.55	0.67	0.58	0.58	0.77^†	0.59^†	0.59	0.90
Free cash flow (calculated)	2.82^†	—	3.98	3.98	3.74	5.83	3.70^†	2.98^†	3.16	2.80
Share repurchases	1.16	—	2.56	2.41	3.11	6.25	4.30	0.10	2.10	0.85
Balance sheet
Cash and equivalents	6.29	—	5.17	4.54	4.86	4.30	3.15	3.11	3.24	3.69
Total assets	28.99^†	—	34.62	33.47	34.68	38.61^†	38.49^†	37.00	39.91	41.77
Total equity	-3.89	—	-0.64	-1.21^†	-2.28^†	-1.64^†	-3.03^†	-1.07	-1.32	-0.35

Source: HP Inc's 10-K and 10-Q filings, from SEC EDGAR · fiscal years end in October.

Free cash flow is calculated by The Dispatch: operating cash flow minus capital expenditure.

† Restated: a later filing changed this figure. The newer number is shown.