HPQ (HP Inc.) Stock Financials & Earnings | Market Cap Arena

HPQ (HP Inc.) Stock Financials & Earnings | Market Cap Arena

HPQHP Inc.

Mkt Cap$17B

Technology·Computer Hardware·🇺🇸 United States·NYSE

Revenue (TTM)$56.2B

Net Income (TTM)$2.5B

EPS (TTM)$2.64

Free Cash Flow (TTM)$2.9B

Gross Margin20.1%

Op. Margin5.7%

Net Margin4.5%

FCF Margin5.1%

P/S Ratio (TTM)0.3x

P/E Ratio (TTM)7.0x

YoY Rev Growth+4.4%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q2 23	$12.9B	$2.9B	$747M
Q3 23	$13.2B	$2.8B	$952M
Q4 23	$13.8B	$3.0B	$1.0B
Q1 24	$13.2B	$2.9B	$935M
Q2 24	$12.8B	$3.0B	$952M
Q3 24	$13.5B	$2.9B	$940M
Q4 24	$14.1B	$3.0B	$991M
Q1 25	$13.5B	$2.8B	$845M
Q2 25	$13.2B	$2.7B	$654M
Q3 25	$13.9B	$2.9B	$716M
Q4 25	$14.6B	$2.9B	$1.1B
Q1 26	$14.4B	$2.8B	$759M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q2 23	0.3x	6.6x
Q3 23	0.3x	7.6x
Q4 23	0.3x	5.4x
Q1 24	0.3x	5.1x
Q2 24	0.3x	5.9x
Q3 24	0.3x	6.2x
Q4 24	0.3x	6.3x
Q1 25	0.3x	6.4x
Q2 25	0.3x	6.9x
Q3 25	0.3x	6.6x
Q4 25	0.3x	6.9x
Q1 26	0.3x	7.0x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q2 23	$636M	$506M
Q3 23	$976M	$839M
Q4 23	$2.0B	$1.8B
Q1 24	$121M	-$37M
Q2 24	$581M	$462M
Q3 24	$1.4B	$1.3B
Q4 24	$1.6B	$1.5B
Q1 25	$374M	$72M
Q2 25	$38M	-$145M
Q3 25	$1.7B	$1.4B
Q4 25	$1.6B	$1.4B
Q1 26	$383M	$150M

Capital Expenditures

CapEx

Quarter	CapEx
Q2 23	$130M
Q3 23	$137M
Q4 23	$150M
Q1 24	$158M
Q2 24	$119M
Q3 24	$162M
Q4 24	$153M
Q1 25	$302M
Q2 25	$183M
Q3 25	$215M
Q4 25	$197M
Q1 26	$233M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 23	-21.7%	-20.1%
Q3 23	-9.9%	-8.6%
Q4 23	-6.6%	-8.8%
Q1 24	-4.4%	-6.2%
Q2 24	-0.8%	-2.6%
Q3 24	+2.4%	+2.7%
Q4 24	+1.7%	+2.0%
Q1 25	+2.4%	+3.3%
Q2 25	+3.3%	+6.1%
Q3 25	+3.1%	+5.1%
Q4 25	+4.2%	+3.8%
Q1 26	+6.9%	+8.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q2 23	$95M	0.7%
Q3 23	$91M	0.7%
Q4 23	$85M	0.6%
Q1 24	$177M	1.3%
Q2 24	$94M	0.7%
Q3 24	$96M	0.7%
Q4 24	$85M	0.6%
Q1 25	$192M	1.4%
Q2 25	$140M	1.1%
Q3 25	$100M	0.7%
Q4 25	$90M	0.6%
Q1 26	$182M	1.3%

OpEx Breakdown

Quarter	R&D	SG&A
Q2 23	$410M	$1.4B
Q3 23	$354M	$1.3B
Q4 23	$411M	$1.3B
Q1 24	$399M	$1.4B
Q2 24	$436M	$1.5B
Q3 24	$413M	$1.4B
Q4 24	$392M	$1.4B
Q1 25	$397M	$1.5B
Q2 25	$401M	$1.5B
Q3 25	$406M	$1.5B
Q4 25	$398M	$1.4B
Q1 26	$392M	$1.5B

Revenue Segments

Quarter	Corporate Investments	Personal Systems Group	Printing	Segment Reconciling Items
Q2 23	$3M	$8.2B	$4.7B	—
Q3 23	$1M	$8.9B	$4.3B	—
Q4 23	$2M	$9.4B	$4.4B	—
Q1 24	$2M	$8.8B	$4.4B	—
Q2 24	$5M	$8.4B	$4.4B	$1M
Q3 24	$7M	$9.4B	$4.1B	—
Q4 24	$11M	$9.6B	$4.5B	—
Q1 25	$11M	$9.2B	$4.3B	—
Q2 25	$16M	$9.0B	$4.2B	—
Q3 25	$16M	$9.9B	$4.0B	—
Q4 25	$19M	$10.4B	$4.3B	$1M
Q1 26	—	$10.3B	$4.2B	—

Revenue by Geography

Quarter	Americas	Asia Pacific	Emea
Q2 23	$5.5B	$3.1B	$4.4B
Q3 23	$5.9B	$3.0B	$4.3B
Q4 23	$6.0B	$3.3B	$4.5B
Q1 24	$5.4B	$3.1B	$4.7B
Q2 24	$5.6B	$2.8B	$4.4B
Q3 24	$6.1B	$3.0B	$4.4B
Q4 24	$6.2B	$3.3B	$4.6B
Q1 25	$5.5B	$3.2B	$4.8B
Q2 25	$5.8B	$3.0B	$4.4B
Q3 25	$6.1B	$3.3B	$4.5B
Q4 25	$6.1B	$3.6B	$4.9B
Q1 26	$5.6B	$3.6B	$5.2B

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 23	$1.9B	$0	$1.9B
Q3 23	$1.7B	$0	$1.7B
Q4 23	$3.1B	$0	$3.1B
Q1 24	$2.3B	$0	$2.3B
Q2 24	$2.4B	$0	$2.4B
Q3 24	$2.8B	$0	$2.8B
Q4 24	$3.2B	$0	$3.2B
Q1 25	$2.9B	$0	$2.9B
Q2 25	$2.7B	$0	$2.7B
Q3 25	$2.9B	$0	$2.9B
Q4 25	$3.7B	$0	$3.7B
Q1 26	$3.2B	$0	$3.2B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q2 23	998M	+0.2%
Q3 23	1.00B	+0.4%
Q4 23	1.00B	+0.2%
Q1 24	1.00B	-0.2%
Q2 24	990M	-1.2%
Q3 24	990M	+0.0%
Q4 24	989M	-0.1%
Q1 25	957M	-3.2%
Q2 25	956M	-0.1%
Q3 25	954M	-0.2%
Q4 25	948M	-0.6%
Q1 26	932M	-1.7%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$188K	302K
FY 15	$179K	287K
FY 16	$984K	49K
FY 17	$1M	49K
FY 18	$1M	55K
FY 19	$1M	56K
FY 20	$1M	53K
FY 21	$1M	51K
FY 22	$1M	58K
FY 23	$926K	58K
FY 24	$923K	58K
FY 25	$1M	55K