← HP Inc. (HPQ)

financials.json

Published

{
  "ticker": "HPQ",
  "cik": "0000047217",
  "company": "HP Inc.",
  "business_type": "industrial",
  "schema_template": "standard (industrial/technology hardware)",
  "reporting_currency": "USD",
  "converted_to_usd": false,
  "units": "actual US dollars (not millions); share counts in actual shares; per-share amounts in dollars",
  "fiscal_year_end": "October 31",
  "units_notes_seen": {
    "FY2025 10-K consolidated statements of earnings": "In millions, except per share amounts",
    "FY2025 10-K consolidated balance sheets": "In millions, except par value",
    "FY2025 10-K consolidated statements of cash flows": "In millions",
    "FY2025 10-K consolidated statements of stockholders' deficit": "In millions, except number of shares in thousands",
    "FY2025 10-K segment note (significant segment expenses and operating results)": "In millions",
    "Q3 FY2026 10-Q condensed consolidated statements of earnings": "In millions, except per share amounts",
    "Q3 FY2026 10-Q condensed consolidated balance sheets": "In millions, except par value",
    "Q3 FY2026 10-Q condensed consolidated statements of cash flows": "In millions",
    "Q3 FY2026 10-Q condensed consolidated statements of stockholders' deficit": "In millions, except number of shares in thousands",
    "Q3 FY2026 10-Q segment note (significant segment expenses and operating results)": "In millions",
    "Q3 FY2026 earnings release (8-K Exhibit 99.1) condensed consolidated statements of cash flows, three months": "(In millions)"
  },
  "adjustments": {
    "splits_applied": [],
    "adr_ratio": null,
    "fx": "none \u2014 the company reports in U.S. dollars",
    "note": "No stock splits are on record for HP Inc. over the periods shown and it is not an ADR, so no per-share adjustment was applied."
  },
  "annual": [
    {
      "fiscal_year": 2025,
      "label": "FY2025",
      "period_start": "2024-11-01",
      "period_end": "2025-10-31",
      "period_type": "fiscal year",
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      "income_statement": {
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        "services_net_revenue": 3293000000,
        "total_net_revenue": 55295000000,
        "cost_of_products": 41993000000,
        "cost_of_services": 1910000000,
        "total_cost_of_net_revenue": 43903000000,
        "gross_profit": 11392000000,
        "research_and_development": 1602000000,
        "selling_general_and_administrative": 5821000000,
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        "acquisition_and_divestiture_charges": 45000000,
        "amortization_of_intangible_assets": 345000000,
        "total_operating_expenses": 8218000000,
        "operating_income": 3174000000,
        "interest_and_other_net": -506000000,
        "pretax_income": 2668000000,
        "income_tax_benefit_provision": -139000000,
        "net_income": 2529000000,
        "basic_eps": 2.67,
        "diluted_eps": 2.65,
        "basic_shares": 946000000,
        "diluted_shares": 953000000,
        "cash_dividends_declared_per_share": 1.16
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      "balance_sheet": {
        "cash_cash_equivalents_and_restricted_cash": 3705000000,
        "accounts_receivable_net": 5692000000,
        "inventory": 8512000000,
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        "total_current_assets": 22453000000,
        "property_plant_and_equipment_net": 3049000000,
        "goodwill": 8706000000,
        "other_non_current_assets": 7561000000,
        "total_assets": 41769000000,
        "notes_payable_and_short_term_borrowings": 845000000,
        "accounts_payable": 18051000000,
        "other_current_liabilities": 10362000000,
        "total_current_liabilities": 29258000000,
        "long_term_debt": 8821000000,
        "other_non_current_liabilities": 4036000000,
        "additional_paid_in_capital": 2129000000,
        "accumulated_deficit": -2027000000,
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        "common_shares_outstanding": 921149000,
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        "free_cash_flow_company_definition": 2931000000
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      "segment_net_revenue": {
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    {
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      "label": "FY2024",
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      "period_type": "fiscal year",
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        "basic_eps": 2.83,
        "diluted_eps": 2.81,
        "basic_shares": 979000000,
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        "cash_dividends_declared_per_share": 1.1
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        "repurchase_of_common_stock": -2100000000,
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        "free_cash_flow_company_definition": 3322000000
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      "segment_net_revenue": {
        "commercial_ps": 25486000000,
        "consumer_ps": 10709000000,
        "personal_systems": 36195000000,
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        "consumer_printing": 1202000000,
        "printing": 17338000000,
        "corporate_investments": 25000000,
        "total_segment_net_revenue": 53558000000
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      "segment_earnings_from_operations": {
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        "printing": 3290000000,
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        "total_segment_earnings_from_operations": 5411000000
      }
    },
    {
      "fiscal_year": 2023,
      "label": "FY2023",
      "period_start": "2022-11-01",
      "period_end": "2023-10-31",
      "period_type": "fiscal year",
      "source_accession": "0000047217-25-000071",
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        "services_net_revenue": 3058000000,
        "total_net_revenue": 53718000000,
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        "cost_of_services": 1726000000,
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        "gross_profit": 11508000000,
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        "restructuring_and_other_charges": 527000000,
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        "amortization_of_intangible_assets": 350000000,
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        "operating_income": 3456000000,
        "interest_and_other_net": -519000000,
        "pretax_income": 2937000000,
        "income_tax_benefit_provision": 326000000,
        "net_income": 3263000000,
        "basic_eps": 3.29,
        "diluted_eps": 3.26,
        "basic_shares": 992000000,
        "diluted_shares": 1000000000,
        "cash_dividends_declared_per_share": 1.05
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      "cash_flow": {
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        "free_cash_flow_company_definition": 3088000000
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  ],
  "quarterly": [
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      "fiscal_quarter": 3,
      "label": "Q3 FY2026",
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        "diluted_eps": 0.71,
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    "source_accessions": [
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      "0000047217-26-000051"
    ],
    "derivation": "fiscal 2025 as reported in the FY2025 10-K, plus the nine months ended July 31, 2026, less the nine months ended July 31, 2025, both as reported in the Q3 FY2026 10-Q",
    "income_statement": {
      "total_net_revenue": 59162000000,
      "total_cost_of_net_revenue": 47404000000,
      "gross_profit": 11758000000,
      "operating_income": 3222000000,
      "pretax_income": 2796000000,
      "net_income": 2451000000
    },
    "cash_flow": {
      "net_cash_provided_by_operating_activities": 4668000000,
      "capital_expenditures": -787000000,
      "free_cash_flow": 3881000000,
      "free_cash_flow_company_definition": 4010000000
    }
  },
  "notes": [
    "Template: standard industrial/technology hardware. HP Inc. sells personal computers and printers and reports three segments: Personal Systems, Printing and Corporate Investments. Its fiscal year ends October 31, so the third fiscal quarter of 2026 is May 1 to July 31, 2026.",
    "Annual figures for fiscal 2025, 2024 and 2023 come from the FY2025 Form 10-K (accession 0000047217-25-000071). That 10-K prints balance sheets only as of October 31, 2025 and 2024, so fiscal 2023 carries an income statement and cash flow but no balance sheet.",
    "Quarterly, nine-month and July 31, 2026 balance sheet figures come from the Q3 FY2026 Form 10-Q (accession 0000047217-26-000051). The 10-Q's balance sheet compares July 31, 2026 with October 31, 2025 (the fiscal 2025 year-end figures shown under FY2025, which it prints identically), so no balance sheet is shown for Q3 FY2025.",
    "The 10-Q prints its cash flow statement for the nine months only. The three-month cash flow figures for Q3 FY2026 and Q3 FY2025 come from the condensed consolidated statements of cash flows in HP's Q3 FY2026 earnings release, furnished as Exhibit 99.1 to the Form 8-K filed August 26, 2026 (accession 0000047217-26-000048). The release's nine-month cash flow columns match the 10-Q.",
    "HP has a stockholders' deficit. The balance sheet field total_stockholders_equity carries HP's printed 'Total stockholders' deficit' as a negative number (-$346 million at October 31, 2025; -$92 million at July 31, 2026).",
    "HP does not print a total-liabilities line. total_liabilities is the sum of total current liabilities, long-term debt and other non-current liabilities, and equals total liabilities and stockholders' deficit less the (negative) deficit. total_debt is notes payable and short-term borrowings plus long-term debt.",
    "The cash figure is the balance sheet's 'Cash, cash equivalents and restricted cash'. The fiscal 2025 cash flow statement's ending balance of $3,713 million is $8 million higher because it includes cash held for sale recorded within other current assets.",
    "Cash flow figures keep the filing's signs: outflows (capital expenditures, share repurchases, dividends paid, net investment in leases) are negative. capital_expenditures is HP's 'Investment in property, plant, equipment and purchased intangibles, net'.",
    "free_cash_flow is net cash provided by operating activities less capital expenditures. free_cash_flow_company_definition follows HP's own non-GAAP definition in its earnings release: operating cash flow adjusted for net investment in leases from integrated financing (that outflow is added back) and for net investments in property, plant, equipment and purchased intangibles. For Q3 FY2026 that is $1,735 million + $20 million - $187 million = $1,568 million, which the release presents as $1.57 billion.",
    "Dividends: HP's statements of stockholders' deficit record dividend declarations of $0.60 per share in the first and third quarters of fiscal 2026 and none in the second (fiscal 2025: $0.58 in the first and third quarters). The Q3 FY2026 earnings release states a dividend payment of $0.30 per share in the quarter, which used $274 million of cash. cash_dividends_declared_per_share is the declared amount; cash_dividends_paid is the cash actually paid in the period.",
    "Segments: effective the first quarter of fiscal 2026, HP moved its Print-as-a-Service business from Corporate Investments to Printing (Supplies and Consumer Printing) and recast prior periods; consolidated results were unaffected. The quarterly and nine-month segment figures here, including Q3 FY2025, are on the new basis as printed in the 10-Q. The fiscal 2023-2025 segment figures are as printed in the FY2025 10-K, before the realignment, so annual Printing and Corporate Investments figures are not directly comparable with fiscal 2026 segment figures.",
    "Segment earnings from operations exclude corporate and unallocated costs, stock-based compensation, restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, certain litigation charges, and interest and other, net. Total segment net revenue differs from consolidated net revenue by a small 'Other' line.",
    "Weighted-average share counts are printed in whole millions, so net income divided by diluted shares matches the printed diluted EPS only to within rounding. common_shares_outstanding is the period-end count from the statements of stockholders' deficit, which print shares in thousands (921,149 thousand at October 31, 2025; 903,409 thousand at July 31, 2026).",
    "The trailing-twelve-month block is fiscal 2025 as reported in the FY2025 10-K, plus the nine months ended July 31, 2026, less the nine months ended July 31, 2025, as reported in the Q3 FY2026 10-Q. Per-share figures are not summed across periods and are omitted from it.",
    "No stock splits occurred over the periods shown and HP is not an ADR; all figures are in U.S. dollars as reported."
  ],
  "uncertainties": [
    "The three-month cash flow figures for Q3 FY2026 and Q3 FY2025 are taken from the unaudited earnings release rather than the 10-Q, which presents cash flows only for the nine months; they could differ from any later-filed presentation.",
    "Annual segment figures (fiscal 2023-2025) are on HP's pre-realignment basis; the FY2025 10-K does not print recast figures, so fiscal-year segment comparisons with fiscal 2026 should be read with that in mind."
  ],
  "headline": {
    "period": "Q3 FY2026",
    "period_end_words": "July 31, 2026",
    "metrics": [
      {
        "label": "Revenue",
        "format": "usd",
        "value": 15677000000,
        "text": "$15.68 billion",
        "exact": "$15,677,000,000",
        "compact": "$15.68B",
        "abs": "$15.68 billion",
        "prior_value": 13932000000,
        "prior": "$13.93 billion",
        "priorabs": "$13.93 billion",
        "yoy": "up 12.5%",
        "source": {
          "array": "quarterly",
          "field": "income_statement.total_net_revenue",
          "index": 0,
          "period_label": "Q3 FY2026",
          "period_end": "2026-07-31",
          "period_start": "2026-05-01",
          "span_days": 91,
          "source_accession": "0000047217-26-000051",
          "prior_index": 1,
          "prior_period_label": "Q3 FY2025",
          "prior_period_end": "2025-07-31",
          "prior_period_start": "2025-05-01",
          "prior_span_days": 91,
          "prior_source_accession": "0000047217-26-000051",
          "gap_days": 365
        }
      },
      {
        "label": "Net income",
        "format": "usd",
        "value": 661000000,
        "text": "$661 million",
        "exact": "$661,000,000",
        "compact": "$661.00M",
        "abs": "$661 million",
        "prior_value": 763000000,
        "prior": "$763 million",
        "priorabs": "$763 million",
        "yoy": "down 13.4%",
        "source": {
          "array": "quarterly",
          "field": "income_statement.net_income",
          "index": 0,
          "period_label": "Q3 FY2026",
          "period_end": "2026-07-31",
          "period_start": "2026-05-01",
          "span_days": 91,
          "source_accession": "0000047217-26-000051",
          "prior_index": 1,
          "prior_period_label": "Q3 FY2025",
          "prior_period_end": "2025-07-31",
          "prior_period_start": "2025-05-01",
          "prior_span_days": 91,
          "prior_source_accession": "0000047217-26-000051",
          "gap_days": 365
        }
      },
      {
        "label": "Diluted EPS",
        "format": "eps",
        "value": 0.71,
        "text": "$0.71",
        "exact": "$0.71",
        "compact": "$0.71",
        "abs": "$0.71",
        "prior_value": 0.8,
        "prior": "$0.80",
        "priorabs": "$0.80",
        "yoy": "down 11.3%",
        "source": {
          "array": "quarterly",
          "field": "income_statement.diluted_eps",
          "index": 0,
          "period_label": "Q3 FY2026",
          "period_end": "2026-07-31",
          "period_start": "2026-05-01",
          "span_days": 91,
          "source_accession": "0000047217-26-000051",
          "prior_index": 1,
          "prior_period_label": "Q3 FY2025",
          "prior_period_end": "2025-07-31",
          "prior_period_start": "2025-05-01",
          "prior_span_days": 91,
          "prior_source_accession": "0000047217-26-000051",
          "gap_days": 365
        }
      },
      {
        "label": "Operating income",
        "format": "usd",
        "value": 892000000,
        "text": "$892 million",
        "exact": "$892,000,000",
        "compact": "$892.00M",
        "abs": "$892 million",
        "prior_value": 716000000,
        "prior": "$716 million",
        "priorabs": "$716 million",
        "yoy": "up 24.6%",
        "source": {
          "array": "quarterly",
          "field": "income_statement.operating_income",
          "index": 0,
          "period_label": "Q3 FY2026",
          "period_end": "2026-07-31",
          "period_start": "2026-05-01",
          "span_days": 91,
          "source_accession": "0000047217-26-000051",
          "prior_index": 1,
          "prior_period_label": "Q3 FY2025",
          "prior_period_end": "2025-07-31",
          "prior_period_start": "2025-05-01",
          "prior_span_days": 91,
          "prior_source_accession": "0000047217-26-000051",
          "gap_days": 365
        }
      },
      {
        "label": "Personal Systems revenue",
        "format": "usd",
        "value": 11767000000,
        "text": "$11.77 billion",
        "exact": "$11,767,000,000",
        "compact": "$11.77B",
        "abs": "$11.77 billion",
        "prior_value": 9931000000,
        "prior": "$9.93 billion",
        "priorabs": "$9.93 billion",
        "yoy": "up 18.5%",
        "source": {
          "array": "quarterly",
          "field": "segment_net_revenue.personal_systems",
          "index": 0,
          "period_label": "Q3 FY2026",
          "period_end": "2026-07-31",
          "period_start": "2026-05-01",
          "span_days": 91,
          "source_accession": "0000047217-26-000051",
          "prior_index": 1,
          "prior_period_label": "Q3 FY2025",
          "prior_period_end": "2025-07-31",
          "prior_period_start": "2025-05-01",
          "prior_span_days": 91,
          "prior_source_accession": "0000047217-26-000051",
          "gap_days": 365
        }
      },
      {
        "label": "Personal Systems earnings from operations",
        "format": "usd",
        "value": 537000000,
        "text": "$537 million",
        "exact": "$537,000,000",
        "compact": "$537.00M",
        "abs": "$537 million",
        "prior_value": 541000000,
        "prior": "$541 million",
        "priorabs": "$541 million",
        "yoy": "down 0.7%",
        "source": {
          "array": "quarterly",
          "field": "segment_earnings_from_operations.personal_systems",
          "index": 0,
          "period_label": "Q3 FY2026",
          "period_end": "2026-07-31",
          "period_start": "2026-05-01",
          "span_days": 91,
          "source_accession": "0000047217-26-000051",
          "prior_index": 1,
          "prior_period_label": "Q3 FY2025",
          "prior_period_end": "2025-07-31",
          "prior_period_start": "2025-05-01",
          "prior_span_days": 91,
          "prior_source_accession": "0000047217-26-000051",
          "gap_days": 365
        }
      }
    ],
    "summary": "HP Inc. reported $15.68 billion in revenue for Q3 FY2026, the quarter ended July 31, 2026, up 12.5% from a year earlier, while net income fell to $661 million from $763 million and diluted EPS was $0.71, down 11.3%. Operating income rose to $892 million from $716 million on lower intangible amortization and restructuring charges and on refunds of previously paid tariffs, while gross margin narrowed on higher commodity costs; net income fell because HP recorded an income tax provision this quarter, against an income tax benefit in the same quarter a year earlier. Revenue in Personal Systems, HP's PC business, rose to $11.77 billion, up 18.5%, as HP raised PC prices to offset higher memory and storage costs while shipping fewer units, but the segment's earnings from operations slipped to $537 million from $541 million.",
    "qa": [
      {
        "q": "How much revenue did HP make in Q3 FY2026?",
        "a": "HP Inc. reported $15.68 billion in revenue for Q3 FY2026, the quarter ended July 31, 2026. That is up 12.5% from $13.93 billion in the same quarter a year earlier."
      },
      {
        "q": "What were HP's net income and EPS in Q3 FY2026?",
        "a": "HP Inc. reported net income of $661 million for Q3 FY2026, down 13.4% from $763 million a year earlier, and diluted EPS of $0.71, against $0.80 in the same quarter a year earlier."
      },
      {
        "q": "Why did HP's net income fall in Q3 FY2026 when revenue grew?",
        "a": "HP Inc.'s operating income rose to $892 million in Q3 FY2026 from $716 million a year earlier, helped by lower intangible amortization and restructuring charges and by refunds of previously paid tariffs, while gross margin narrowed on higher commodity costs. Net income still fell, to $661 million, because the company recorded an income tax provision this quarter, against an income tax benefit in the same quarter a year earlier."
      },
      {
        "q": "How did HP's PC business perform in Q3 FY2026?",
        "a": "HP Inc.'s Personal Systems segment, which sells PCs and workstations, reported $11.77 billion in revenue for Q3 FY2026, up 18.5% from $9.93 billion a year earlier, as HP raised prices to offset higher memory and storage costs while shipping fewer PCs. Personal Systems earnings from operations, however, slipped to $537 million from $541 million."
      }
    ]
  },
  "company_details": {
    "Name": "Hp Inc",
    "Ticker": "HPQ",
    "CIK": "0000047217",
    "Exchange": "NYSE",
    "State": "California",
    "Incorporation": "Delaware",
    "SIC": "3570",
    "Office": "Technology",
    "Industry": "Computer & office Equipment"
  },
  "next_filing": {
    "predicted_date": "2026-12-09",
    "predicted_type": "10-K"
  },
  "fiscal_period": {
    "fiscal_year": 2026,
    "fiscal_period": "Q3",
    "tag": "FY26Q3",
    "period_end": "2026-07-31",
    "form": "10-Q",
    "accession": "0000047217-26-000051",
    "fiscal_year_end": "1031",
    "source": "facts"
  },
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    {
      "role": "annual",
      "current": false,
      "form": "10-K",
      "fiscal_year": 2025,
      "fiscal_period": "FY",
      "tag": "FY25",
      "period_end": "2025-10-31",
      "filed": "2025-12-10",
      "accession": "0000047217-25-000071",
      "url": "https://www.sec.gov/Archives/edgar/data/47217/000004721725000071/hpq-20251031.htm",
      "source": "reported"
    },
    {
      "role": "quarterly",
      "current": true,
      "form": "10-Q",
      "fiscal_year": 2026,
      "fiscal_period": "Q3",
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      "filed": "2026-08-27",
      "accession": "0000047217-26-000051",
      "url": "https://www.sec.gov/Archives/edgar/data/47217/000004721726000051/hpq-20260731.htm",
      "source": "facts"
    }
  ],
  "figure_sources": {
    "about": "Where each figure in this file is printed in its SEC filing. This block mirrors the paths of the figures: figure_sources.annual[0].income_statement.net_income is the source of annual[0].income_statement.net_income. Each entry reads '<document>#<anchor>', and the link is documents[<document>] + '#<anchor>': it opens the filing at the line that prints that number. A figure with no entry is not printed in a tagged filing, either because it was calculated (margins, free cash flow, trailing twelve months, a quarter derived by subtraction) or because it comes from an untagged earnings release.",
    "documents": {
      "d1": "https://www.sec.gov/Archives/edgar/data/47217/000004721725000071/hpq-20251031.htm",
      "d2": "https://www.sec.gov/Archives/edgar/data/47217/000004721726000051/hpq-20260731.htm"
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          "basic_eps": "d1#f-111",
          "diluted_eps": "d1#f-114",
          "basic_shares": "d1#f-117",
          "diluted_shares": "d1#f-120",
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        "balance_sheet": {
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          "pretax_income": "d1#f-103",
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          "net_income": "d1#f-109",
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          "basic_shares": "d1#f-118",
          "diluted_shares": "d1#f-121",
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        "balance_sheet": {
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          "inventory": "d1#f-172",
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          "cash_dividends_paid": "d1#f-377",
          "net_cash_used_in_financing_activities": "d1#f-315"
        },
        "segment_net_revenue": {
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          "consumer_ps": "d1#f-462",
          "personal_systems": "d1#f-465",
          "supplies": "d1#f-468",
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          "consumer_printing": "d1#f-474",
          "printing": "d1#f-477",
          "corporate_investments": "d1#f-1443",
          "total_segment_net_revenue": "d1#f-483"
        },
        "segment_earnings_from_operations": {
          "personal_systems": "d1#f-516",
          "printing": "d1#f-519",
          "corporate_investments": "d1#f-522",
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}