HP Inc. (HPQ) Financial Statements
HP financial statements at a glance
HP reported revenue of $55.30 billion for fiscal year 2025 (ended October 31, 2025), up 3.2% from fiscal year 2024. Net income was $2.53 billion, a net margin of 4.6%.
At the end of fiscal year 2025 it had total assets of $41.77 billion, total liabilities of $42.12 billion and shareholders' equity of -$346.00 million, with total debt of $9.67 billion.
Its operations brought in $3.70 billion of cash.
The tables below show the income statement, balance sheet and cash flow statement; the key figures of the last 5 fiscal years are at the bottom of the page.
Figures from company filings, in USD; latest fiscal year ended October 31, 2025.
HP Inc.
Income Statement
Annual • USD
HP key figures by fiscal year
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Revenue | $55.3B | $53.6B | $53.7B | $62.9B | $63.5B |
| Gross profit | $11.4B | $11.8B | $11.5B | $12.3B | $13.4B |
| Operating income | $3.2B | $3.8B | $3.6B | $4.6B | $5.7B |
| Net income | $2.5B | $2.8B | $3.3B | $3.1B | $6.5B |
| Diluted EPS | – | – | – | – | $5.33 |
| Total assets | $41.8B | $39.9B | $37.0B | $38.5B | $38.6B |
| Total liabilities | $42.1B | $41.2B | $38.1B | $41.5B | $40.2B |
| Shareholders' equity | -$346.0M | -$1.3B | -$1.1B | -$3.0B | -$1.6B |
| Cash | – | – | – | – | $4.3B |
| Total debt | $9.7B | $9.7B | $9.5B | $11.0B | $8.8B |
| Operating cash flow | $3.7B | $3.7B | $3.6B | $4.5B | $6.4B |
| Capital spending | – | – | – | – | $582.0M |
| Free cash flow | – | – | – | – | $5.8B |
In USD. Fiscal years as reported by the company; statements on this page go back to fiscal year 2020.
Questions and answers
What was HP's revenue in fiscal year 2025?
$55.30 billion, up 3.2% from $53.56 billion in fiscal year 2024.
How much profit does HP make?
HP reported net income of $2.53 billion for fiscal year 2025 (4.6% of revenue); operating income was $3.23 billion.
How much cash and debt does HP have?
At the end of fiscal year 2025: total debt of $9.67 billion.
