HP Inc. (HPQ) income statement
NYSE · Technology · Computer Hardware · 55,000 employees · CEO Bruce Dale Broussard
- Price
- $28.78 -9.58%
- Market cap
- $26B
- Enterprise value
- $32.1B
- Last report
- Q3 '26 filed 2026-08-27
- Next report
- 2026-11-24 EPS est. $0.75
HP Inc. (HPQ) reported revenue of $15.7B for Q3 '26 (+12.5% year on year), operating income of $892M (5.7% of revenue) and net income of $661M. Over the last four quarters revenue was $59.2B.
Income statement
| Income statement | Trend | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $13.8B | $13.2B | $12.8B | $13.5B | $14.1B | $13.5B | $13.2B | $13.9B | $14.6B | $14.4B | $14.4B | $15.7B | |
| Cost of revenue | $10.8B | $10.3B | $9.78B | $10.6B | $11.1B | $10.7B | $10.5B | $11.1B | $11.7B | $11.6B | $11.4B | $12.7B | |
| Gross profit | $2.99B | $2.89B | $3.02B | $2.91B | $3B | $2.84B | $2.74B | $2.85B | $2.9B | $2.84B | $3.02B | $2.95B | |
| Research & development | $411M | $399M | $436M | $413M | $392M | $397M | $401M | $406M | $398M | $392M | $432M | $389M | |
| Other operating expenses | $234M | $171M | $173M | $149M | $209M | $139M | $204M | $277M | $0 | $180M | $458M | $127M | |
| Operating expenses | $1.97B | $1.95B | $2.07B | $1.97B | $2.01B | $2B | $2.09B | $2.14B | $1.83B | $2.08B | $2.4B | $2.05B | |
| Operating income | $1.01B | $935M | $952M | $940M | $991M | $845M | $654M | $716M | $1.08B | $759M | $612M | $892M | |
| Interest income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | -$21M | $0 | |
| Interest expense | $156M | $156M | $162M | $149M | $147M | $141M | $146M | $143M | $125M | $88M | $98M | $112M | |
| Other non-operating income (gains on investments, FX ...) | $6M | -$14M | -$7M | -$36M | -$18M | -$81M | $2M | -$51M | $117M | $2M | $21M | -$18M | |
| Total non-operating income | -$162M | -$142M | -$155M | -$113M | -$129M | -$141M | -$148M | -$92M | -$242M | -$88M | -$119M | -$94M | |
| Income before tax | $852M | $793M | $797M | $827M | $862M | $704M | $506M | $624M | $834M | $671M | $493M | $798M | |
| Income tax | -$122M | $171M | $190M | $187M | -$44M | $139M | $100M | -$139M | $39M | $126M | $43M | $137M | |
| Net income | $974M | $622M | $607M | $640M | $906M | $565M | $406M | $763M | $795M | $545M | $450M | $661M | |
| EPS (basic) | $0.98 | $0.63 | $0.62 | $0.65 | $0.93 | $0.60 | $0.43 | $0.81 | $0.85 | $0.59 | $0.49 | $0.72 | |
| EPS (diluted) | $0.97 | $0.62 | $0.61 | $0.65 | $0.92 | $0.59 | $0.42 | $0.80 | $0.84 | $0.58 | $0.49 | $0.71 | |
| Shares (basic, weighted) | 994M | 995M | 984M | 979M | 979M | 948M | 950M | 947M | 938M | 926M | 922M | 919M | |
| Shares (diluted, weighted) | 1B | 1B | 990M | 990M | 989M | 957M | 956M | 954M | 948M | 932M | 925M | 927M | |
| Depreciation & amortization | $212M | $205M | $209M | $208M | $208M | $197M | $205M | $306M | $208M | $214M | $264M | $244M | |
| EBITDA | $1.22B | $1.15B | $1.17B | $1.18B | $1.22B | $1.12B | $857M | $1.07B | $1.17B | $971M | $855M | $1.15B |
| Income statement | Trend | FY16 | FY17 | FY18 | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $48.2B | $52.1B | $58.5B | $58.8B | $56.6B | $63.5B | $62.9B | $53.7B | $53.6B | $55.3B | |
| Cost of revenue | $39.2B | $42.5B | $47.8B | $47.6B | $46.2B | $50.1B | $50.6B | $42.2B | $41.7B | $44.2B | |
| Gross profit | $9B | $9.58B | $10.7B | $11.2B | $10.4B | $13.4B | $12.3B | $11.5B | $11.8B | $11B | |
| Research & development | $1.21B | $1.19B | $1.4B | $1.5B | $1.48B | $1.85B | $1.65B | $1.58B | $1.64B | $1.6B | |
| Sales & marketing | $3.83B | $4.38B | $5.1B | $5.37B | $4.9B | $5.74B | $5.26B | $0 | $0 | $0 | |
| Other operating expenses | $407M | $488M | $335M | $426M | $601M | $473M | $787M | $1.12B | $702M | $0 | |
| Operating expenses | $5.45B | $6.21B | $6.84B | $7.29B | $6.98B | $8.05B | $7.7B | $8.05B | $8B | $7.42B | |
| Operating income | $3.55B | $3.37B | $3.83B | $3.88B | $3.44B | $5.36B | $4.56B | $3.46B | $3.82B | $3.62B | |
| Interest expense | $273M | $309M | $312M | $242M | $239M | $254M | $359M | $684M | $607M | $506M | |
| Other non-operating income (gains on investments, FX ...) | -$485M | -$217M | $506M | $1.11B | -$8M | -$2.46B | -$124M | -$165M | -$68M | $450M | |
| Total non-operating income | $212M | -$92M | -$818M | -$1.35B | -$231M | $2.21B | -$235M | -$519M | -$539M | -$956M | |
| Income before tax | $3.76B | $3.28B | $3.01B | $2.52B | $3.21B | $7.57B | $4.32B | $2.94B | $3.28B | $2.67B | |
| Income tax | $1.1B | $750M | -$2.31B | -$629M | $396M | $1.03B | $1.19B | -$326M | $504M | $139M | |
| Net income | $2.5B | $2.53B | $5.33B | $3.15B | $2.82B | $6.54B | $3.13B | $3.26B | $2.78B | $2.53B | |
| EPS (basic) | $1.44 | $1.50 | $3.30 | $2.08 | $2.01 | $5.41 | $3.02 | $3.29 | $2.83 | $2.67 | |
| EPS (diluted) | $1.43 | $1.48 | $3.26 | $2.07 | $2.00 | $5.36 | $2.98 | $3.26 | $2.81 | $2.65 | |
| Shares (basic, weighted) | 1.73B | 1.69B | 1.62B | 1.52B | 1.41B | 1.21B | 1.04B | 992M | 979M | 946M | |
| Shares (diluted, weighted) | 1.74B | 1.7B | 1.63B | 1.52B | 1.42B | 1.22B | 1.05B | 1B | 989M | 953M | |
| Depreciation & amortization | $332M | $354M | $528M | $744M | $789M | $785M | $780M | $850M | $830M | $916M | |
| EBITDA | $4.37B | $3.94B | $3.85B | $3.51B | $4.24B | $8.61B | $5.46B | $4.47B | $4.72B | $4.09B |
Standardised from the company's filings; outflows and costs keep the sign the provider reports. Hover a period for its end date. Amounts in USD.
Revenue, operating income and growth
quarterlyMargins
quarterlyCosts as % of revenue
quarterlyThe other statements
Sources
Statements, segment revenue, metrics and estimates are standardised from the company's filings. Segment profits and every reported line: SEC EDGAR (XBRL). Filings read: 10-Q 2026-07-31, 10-Q 2026-04-30, 10-Q 2026-01-31, 10-K 2025-10-31, 10-Q 2025-07-31, 10-Q 2025-04-30, 10-Q 2025-01-31, 10-K 2024-10-31, 10-Q 2024-07-31
Data as of 2026-11-02