HPQ Q1 2024 Earnings — HP Inc. Revenue & Financial Results | Market Cap Arena

HPQHP Inc.

$17B

Q1 2024 Earnings

Technology Computer Hardware

Income Statement

Revenue

$13.2B-4.4% YoY

Gross Profit

$2.9B21.9% margin

Operating Income

$935M7.1% margin

Net Income

$622M4.7% margin

EPS (Diluted)

$0.62

QoQ Revenue Growth

-4.6%

Cash Flow

Operating Cash Flow

$121M

Free Cash Flow

-$37M

Stock-Based Comp.

$177M

Balance Sheet

Total Assets

$35.8B

Total Liabilities

$37.5B

Stockholders' Equity

-$1.6B

Cash & Equivalents

$2.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$13.2B	$13.8B	-4.4%
Gross Profit	$2.9B	$2.8B	+3.6%
Operating Income	$935M	$743M	+25.8%
Net Income	$622M	$469M	+32.6%

Revenue Segments

Personal Systems Group

$8.8B67%

Printing

$4.4B33%

Corporate Investments

$2M0%

Geographic Segments

Americas

$5.4B41%

EMEA

$4.7B35%

Asia Pacific

$3.1B24%