HP INC
For the period ended Oct 31, 2025. Filed Dec 10, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Dec 10, 2025
HPQ$28.42+0.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Earnings
| HP INC. AND SUBSIDIARIES | |||
|---|---|---|---|
| Consolidated Statements of Earnings | |||
| For the fiscal years ended October 31 | |||
| 2025 | 2024 | 2023 | |
| In millions, except per share amounts | |||
| Net revenue: | |||
| Products | $52,002 | $50,453 | $50,660 |
| Services | 3,293 | 3,106 | 3,058 |
| Total net revenue | 55,295 | 53,559 | 53,718 |
| Cost of net revenue: | |||
| Products | 41,993 | 39,952 | 40,484 |
| Services | 1,910 | 1,789 | 1,726 |
| Total cost of net revenue | 43,903 | 41,741 | 42,210 |
| Gross profit | 11,392 | 11,818 | 11,508 |
| Research and development | 1,602 | 1,640 | 1,578 |
| Selling, general and administrative | 5,821 | 5,658 | 5,357 |
| Restructuring and other charges | 405 | 301 | 527 |
| Acquisition and divestiture charges | 45 | 83 | 240 |
| Amortization of intangible assets | 345 | 318 | 350 |
| Total operating expenses | 8,218 | 8,000 | 8,052 |
| Earnings from operations | 3,174 | 3,818 | 3,456 |
| Interest and other, net | (506) | (539) | (519) |
| Earnings before taxes | 2,668 | 3,279 | 2,937 |
| (Provision for) benefit from taxes | (139) | (504) | 326 |
| Net earnings | $2,529 | $2,775 | $3,263 |
| Net earnings per share: | |||
| Basic | $2.67 | $2.83 | $3.29 |
| Diluted | $2.65 | $2.81 | $3.26 |
| Weighted-average shares used to compute net earnings per share: | |||
| Basic | 946 | 979 | 992 |
| Diluted | 953 | 989 | 1,000 |
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