Revenue segments as reported by the company.

Personal Systems

Printing

Corporate Investments

Other

Revenue Segments

Gross Profit, Operating Income, and Net Income as a percentage of Revenue

Gross Margin

Operating Margin

Profit Margin

Margins

An operating expense is an expense a business incurs through its normal business operations. Often abbreviated as OPEX.

Research and development

Selling, general and administrative

Restructuring and other charges

Acquisition-related charges

Amortization of intangible assets

Russia exit charges

Operating Expenses

Year over year growth in Revenue and Operating Expenses.

Revenue Y/Y

OpEx Y/Y

Growth

Shares outstanding refer to a company's stock currently held by all its shareholders, including share blocks held by institutional investors and restricted shares owned by the company's officers and insiders.

Outstanding Shares

Market Cap

Also known as Price/Sales Ratio. Calculated using Average market cap for the quarter / Annualized quarterly revenue.

Revenue Multiple

HP, Inc. engages in the provision of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. It operates through the following business segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, solutions and services, and scanning devices. The Corporate Investments segment includes HP Labs and certain business incubation projects. The company was founded by William R. Hewlett and David Packard in 1939 and is headquartered in Palo Alto, CA.

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

HPQ reports Q1 revenue decline but drives growth through innovation

HPQ's Q1 2023 earnings call highlighted challenges in revenue decline but showcased strength in cost actions and product innovation. The company is focusing on services, subscriptions, and workforce solutions to drive growth and maintain shareholder value. Despite market challenges, HP remains optimistic about navigating volatility and capitalizing on opportunities in the PC segment.

HPQ Q2 2023 Earnings: Revenue Decline, AI Integration, Growth Opportunities

HP Inc. reported a decline in net revenue for Q2 2023, with a focus on controllable factors and delivering strong results. The company showcased innovation at the Amplify Partner Conference and discussed plans for future growth. HP is strategically managing costs, investing in growth initiatives, and focusing on driving operational margins.

HPQ Q3 Earnings: Sequential Growth Amid Market Challenges and Opportunities

HP's Q3 performance showed resilience with sequential improvements, but challenges in pricing and market conditions are moderating outlook. The company remains focused on cost savings, new product launches, and strategic initiatives for future growth.

HPQ Q4 2023 Earnings: Sequential Growth, Innovation Drive Future Outlook

HP's Q4 performance showed resilience with sequential growth in key areas and strong EPS. The company is focusing on innovation, sustainability, and cost savings to drive future growth. Despite challenges in certain segments, HP remains optimistic about its strategic direction and market opportunities.
With a solid foundation in place, HP is poised to capitalize on growth opportunities in the Poly business and office market segments. The company's emphasis on sustainability and community support aligns with market trends, while its focus on profitability and cost savings enhances shareholder value.
HP's Q4 results reflect a strategic shift towards higher margins and a commitment to returning value to shareholders. The company's emphasis on innovation, efficiency, and market share growth positions it well for future success, despite facing challenges in certain product segments.

HPQ reports solid Q1 earnings, focuses on innovation and subscriptions

HPQ delivered a solid quarter with growth in operating profit and EPS, focusing on innovation, disciplined execution, and brand elevation. Despite revenue declines, the company remains confident in delivering on full-year targets, anticipating a stronger second half of fiscal year '24.

HPQ reports mixed Q2 results, focuses on AI innovation and cost savings

HPQ's Q2 performance showed mixed results with growth in Personal Systems but decline in Print revenue, while the company remains focused on cost savings and margin improvement strategies.
Strategic partnerships, technological innovations in AI, and a focus on customer-centric solutions position HP well for future growth and market expansion opportunities.
Challenges in print revenue, weak demand in China, and inventory management issues highlight areas for improvement, while opportunities in emerging markets and subscription-based revenue growth offer avenues for revenue diversification.

HP Inc. returns to revenue growth, faces Print revenue challenges

HP Inc. reported a positive Q3 with revenue growth, though facing challenges in Print revenue and moderated Q4 outlook.
The company showcased strengths in innovation, acquisitions, and share repurchase authorization, positioning for future growth.
Challenges include declining Print revenue, moderated Q4 outlook, and balancing cost savings with long-term investments.
Opportunities lie in cost savings initiatives, federal government segment growth, and sustainable profitability through efficient operations.

HP reports Q4 revenue growth, focuses on AI and dividends

HP's Q4 performance showed revenue and EPS growth, with a strategic focus on AI and collaboration solutions. While facing Print market challenges, HP aims to capitalize on PC market growth and enhance shareholder value through increased dividends and cash flow returns.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

HP Inc. engages in the provision of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. It operates through the following business segments: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook personal computers, workstations, thin clients, commercial tablets and mobility devices, retail point-of-sale systems, displays and other related accessories, software, support, and services for the commercial and consumer markets. The Printing segment provides consumer and commercial printer hardware, supplies, solutions and services, and scanning devices. The Corporate Investments segment includes HP Labs and certain business incubation projects. The company was founded by William R. Hewlett and David Packard in 1939 and is headquartered in Palo Alto, CA.

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Looking ahead to 2024, conditions appear to favor a continued rally in the stock market. Inflation keeps falling, the economy remains strong, bond yields are in decline, and the U.S. Federal Reserve could begin lowering interest rates as soon as March.

3 Stocks to Buy on Any 2023 Pullback to Ride Into a 2024 Rally

HPQ stock has seen enthusiasm fade after Berkshire Hathaway sold some of its stake. HPQ closed out the fiscal year with pressured top-line growth but resilient profitability. HPQ aims to return 100% of free cash flow to shareholders through dividends and share repurchases.

HP Inc.: Warren Buffett Is Selling Ahead Of The Generative AI Supercycle

Berkshire Hathaway just announced that it has slashed its stake in HP. Buffett appears to be selling the stock because of the continued business challenges that HP faces.

Warren Buffett Is Selling This High-Yield Dividend Stock. Should You?

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Warren Buffett's Berkshire Hathaway Inc. has cut its stake in HP Inc. by about half, and Carl Icahn has reduced his position in FirstEnergy Corp. and relinquished a board seat, according to regulatory filings Monday.

Warren Buffett's Berkshire cuts stake in HP, Carl Icahn gives up FirstEnergy board seat

Berkshire still owns 51.5 million shares of HP. The position is worth about $1.6 billion based on Monday's close of $30.37.

Warren Buffett's Berkshire Hathaway continues to sell HP shares, reducing stake to 5.2%

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Despite the big rally this November, there are still plenty of stocks that are undervalued, with many securities looking downright cheap at current levels. While the upturn in equities is starting to broaden out beyond technology, there are still many areas of the market that have yet to be lifted by the rising tide.

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HP Inc. (NYSE:HPQ ) UBS Global Technology Conference Call November 29, 2023 11:35 AM ET Company Participants Marie Myers - Chief Financial Officer Conference Call Participants David Vogt - UBS David Vogt Good morning, everyone. I think we're going to get started.

HP Inc. (HPQ) UBS Global Technology Conference - (Transcript)

HP Inc. experienced stagnation over the past year due to excessive spending on buybacks and a deal for Poly in 2022, leading to increased debt. Despite a decline in sales, margins improved, and the company expects revenue growth to return in the near future, while debt has come down in 2023. HP's stock price has fluctuated but remains cheap, and the company has made efforts to reduce debt and improve cash flow.

HP Inc.: Cheap And Improving

HP posted a mixed Q4 report. Its PC and printing revenues are still declining year over year, but both segments grew sequentially.

Where Will HP Stock Be in 1 Year?

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If you're in the market for a new desktop computer or laptop, chances are HP (NYSE: HPQ) and Dell (NYSE: DELL) will have options close to the top of your list.

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Buffett's attractively valued holdings include two bank stocks, two oil stocks, five Japanese stocks, and a tech stock. The legendary investor has recently reduced Berkshire Hathaway's stakes in a couple of these stocks.

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Though the quarterly top-line performance continues to be battered by soft PC demand, HP (HPQ) is optimistic about the market recovery, beginning next year, driven by customers shifting to AI PCs.

HP (HPQ) Q4 Sales Hurt by Soft Demand for Personal Computers

The slowdown in demand for PCs following the pandemic-induced boom negatively impacted HP's (HPQ) latest results, but the company suggested it anticipates artificial intelligence (AI) machines could be a key driver of growth beginning next year.

HP Shares Reverse Course Amid AI Optimism After Reporting Sales Declined

Though soft demand hurts HP's (HPQ) Q4 top line, efficient cost management, and lower commodity and logistics expenses aid the bottom line.

HP (HPQ) Q4 Earnings Beat, Stock Falls on Dim Q1 Forecast

HP Inc. (NYSE:HPQ ) Q4 2023 Earnings Conference Call November 21, 2023 5:00 PM ET Company Participants Orit Keinan-Nahon - Head of Investor Relations Enrique Lores - President and Chief Executive Officer Marie Myers - Chief Financial Officer Conference Call Participants Wamsi Mohan - Bank of America Amit Daryani - Evercore ISI Krish Sankar - TD Cowen Toni Sacconaghi - Bernstein Asiya Merchant - Citigroup Erik Woodring - Morgan Stanley Mike Ng - Goldman Sachs Operator Good day, everyone, and welcome to the Fourth Quarter 2023 HP Incorporated Earnings Conference Call. My name is Krista, and I'll be your conference moderator for today.

HP Inc. (HPQ) Q4 2023 Earnings Call Transcript

Although the revenue and EPS for HP (HPQ) give a sense of how its business performed in the quarter ended October 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Compared to Estimates, HP (HPQ) Q4 Earnings: A Look at Key Metrics

HP Inc CEO Enrique Lores discussed how new computers with AI capabilities will help grow the PC market in an interview with CNBC's Jim Cramer.

HP CEO says AI capabilities will 'double the growth of the PC category'

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This Warren Buffett holdings list from Kiplinger first-appeared 11/14/23 on the Berkshire Hathaway SEC Form-13F. Kiplinger, YCharts, and Dogs-of-The-Dow all track this batch. Here is your update from 11/17/23 YCharts data. 27 of 45 current Berkshire-owned-stocks pay dividends. As of 11/17/23 the top-ten ranged 2.7%-4.73% by annual-yield and 39 of 45 ranged 2.18% to 63.69% by broker-estimated target-price-upsides. Analyst-augured top-ten net-gains from Buffett's November dividend dogs ranged 14.16%-28.61% from KO, ALLY, C, OXY, DEO, KHC, TMUS, JEF, KR, and top pick CVX per YCharts data.

Warren Buffett's 5 Dividend Buys For November

HP Inc (NYSE:HPQ) shares dropped more than 3% after hours Tuesday as the company's fiscal first-quarter guidance underwhelmed investors The company guided for fiscal first quarter adjusted earnings of $0.76 to $0.86 per share, the midpoint of which is below the analyst consensus of $0.86 per share. The PC company maintained its full-year adjusted earnings projection range of $3.25 to $3.65 per share.

HP shares slide on underwhelming guidance; AI PC launch coming in the second half of 2024

HP Inc.'s stock initially dipped more than 3% in extended trading Tuesday after the computing giant reported generally solid results and vowed to introduce its first AI-powered PCs in the second half of 2024.

HP's stock falls despite solid results, vow to ship AI PCs in second half of 2024

PALO ALTO, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- HP (NYSE: HPQ) Fiscal 2023 GAAP diluted net earnings per share ("EPS") of $3.26, above the previously provided outlook of $2.95 to $3.07 per share Fiscal 2023 non-GAAP diluted net EPS of $3.28, within the previously provided outlook of $3.23 to $3.35 per share Fiscal 2023 net revenue of $53.7 billion, down 14.6% from the prior-year period Fiscal 2023 net cash provided by operating activities of $3.6 billion, free cash flow of $3.1 billion Fiscal 2023 returned $1.1 billion to shareholders in the form of dividends and share repurchases Fiscal 2023 retired $1.6 billion in long term debt Fourth quarter GAAP diluted net EPS was $0.97, above the previously provided outlook of $0.65 to $0.77 per share Fourth quarter non-GAAP diluted net EPS of $0.90, within the previously provided outlook of $0.85 to $0.97 per share Fourth quarter net revenue of $13.8 billion, down 6.5% from the prior-year period Fourth quarter net cash provided by operating activities of $2.0 billion, free cash flow of $1.9 billion Fourth quarter returned $0.3 billion to shareholders in the form of dividends HP Inc.'s fiscal 2023 full-year and fourth quarter financial performance   FY23   FY22   Y/Y   Q4 FY23   Q4 FY22   Y/Y GAAP net revenue ($B) $ 53.7     $ 62.9     (14.6)%   $ 13.8     $ 14.8     (6.5)% GAAP operating margin   6.4 %     7.2 %   (0.8) pts     7.3 %     5.0 %   2.3 pts GAAP net earnings ($B) $ 3.3     $ 3.1     4%   $ 1.0     $ —     NM GAAP diluted net EPS $ 3.26     $ 2.98     9%   $ 0.97     $ (0.02 )   NM Non-GAAP operating margin   8.5 %     8.5 %   0.0 pts     9.0 %     7.6 %   1.4 pts Non-GAAP net earnings ($B) $ 3.3     $ 4.2     (22)%   $ 0.9     $ 0.8     8% Non-GAAP diluted net EPS $ 3.28     $ 3.98     (18)%   $ 0.90     $ 0.82     10% Net cash provided by operating activities ($B) $ 3.6     $ 4.5     (20)%   $ 2.0     $ 1.9     4% Free cash flow ($B) $ 3.1     $ 3.9     (20)%   $ 1.9     $ 1.8     3% Notes Information about HP Inc.'s use of non-GAAP financial information is provided under "Use of non-GAAP financial information" below.

News for HP Stock (HPQ)