HP Inc. (HPQ) Financial Statements (2024 and earlier)
Company Profile
| Business Address |
1501 PAGE MILL ROAD PALO ALTO, CA 94304 |
| State of Incorp. | DE |
| Fiscal Year End | October 31 |
| Industry (SIC) | 357 - Computer And Office Equipment (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 1/31/2024 MRQ | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2020 | 10/31/2019 | 10/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 3,107 | 3,145 | 4,299 | 4,864 | 4,537 | 5,166 | |||
| Cash and cash equivalents | 3,107 | 3,145 | 4,299 | 4,864 | 4,537 | 5,166 | |||
| Restricted cash and investments | 125 | ||||||||
| Receivables | 4,237 | 4,546 | 5,511 | 5,381 | 6,031 | 5,113 | |||
| Inventory, net of allowances, customer advances and progress billings | 6,862 | 7,614 | 7,930 | 5,963 | 5,734 | 6,062 | |||
| Inventory | 6,862 | 7,614 | 7,930 | 5,963 | 5,734 | 6,062 | |||
| Other current assets | 3,646 | 4,431 | 4,430 | 4,440 | 3,875 | 5,046 | |||
| Total current assets: | 17,977 | 19,736 | 22,170 | 20,648 | 20,177 | 21,387 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 2,827 | 2,774 | 2,546 | 2,627 | 2,794 | 2,198 | |||
| Intangible assets, net (including goodwill) | 8,591 | 8,541 | 6,803 | 6,380 | 6,372 | 5,968 | |||
| Goodwill | 8,591 | 8,541 | 6,803 | 6,380 | 6,372 | 5,968 | |||
| Other noncurrent assets | 7,609 | 7,443 | 7,091 | 5,026 | 4,124 | 5,069 | |||
| Total noncurrent assets: | 19,027 | 18,758 | 16,440 | 14,033 | 13,290 | 13,235 | |||
| TOTAL ASSETS: | 37,004 | 38,494 | 38,610 | 34,681 | 33,467 | 34,622 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 14,046 | 15,303 | 16,075 | 14,704 | 14,793 | 15,952 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | 1,136 | |||||
| Accounts payable | 14,046 | 15,303 | 16,075 | 14,704 | 14,793 | 14,816 | |||
| Debt | 230 | 218 | 1,106 | 674 | 357 | 1,463 | |||
| Other liabilities | 10,212 | 10,668 | 11,915 | 10,842 | 10,143 | 7,376 | |||
| Other undisclosed current liabilities | 340 | ||||||||
| Total current liabilities: | 24,488 | 26,189 | 29,096 | 26,220 | 25,293 | 25,131 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 9,254 | 10,796 | 6,386 | 5,543 | 4,780 | 4,524 | |||
| Long-term debt, excluding current maturities | 9,254 | 10,796 | 6,386 | ||||||
| Other undisclosed long-term debt and lease obligation | 5,543 | 4,780 | 4,524 | ||||||
| Liabilities, other than long-term debt | 4,331 | 4,534 | 4,778 | 5,146 | 4,587 | 5,606 | |||
| Other liabilities | 4,331 | 4,534 | 4,778 | 5,146 | 4,587 | 5,606 | |||
| Total noncurrent liabilities: | 13,585 | 15,330 | 11,164 | 10,689 | 9,367 | 10,130 | |||
| Total liabilities: | 38,073 | 41,519 | 40,260 | 36,909 | 34,660 | 35,261 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,069) | (3,025) | (1,650) | (2,228) | (1,208) | (655) | |||
| Additional paid in capital | 1,505 | 1,172 | 1,060 | 963 | 835 | 663 | |||
| Accumulated other comprehensive income (loss) | (223) | 285 | (260) | (1,243) | (1,225) | (845) | |||
| Accumulated deficit | (2,361) | (4,492) | (2,461) | (1,961) | (818) | (473) | |||
| Other undisclosed equity, attributable to parent | 10 | 10 | 11 | 13 | |||||
| Other undisclosed equity | 15 | 16 | |||||||
| Total equity: | (1,069) | (3,025) | (1,650) | (2,228) | (1,193) | (639) | |||
| TOTAL LIABILITIES AND EQUITY: | 37,004 | 38,494 | 38,610 | 34,681 | 33,467 | 34,622 | |||
Income Statement (P&L) ($ in millions)
| 1/31/2024 TTM | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2020 | 10/31/2019 | 10/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 53,718 | 62,910 | 63,487 | 56,639 | 58,756 | 58,472 | ||
| Cost of revenue | (42,210) | (50,647) | (50,070) | (46,202) | (47,586) | (47,803) | ||
| Gross profit: | 11,508 | 12,263 | 13,417 | 10,437 | 11,170 | 10,669 | ||
| Operating expenses | (7,525) | (7,463) | (7,870) | (6,513) | (7,018) | (6,473) | ||
| Other undisclosed operating loss | (527) | (241) | (245) | (462) | (275) | (132) | ||
| Operating income: | 3,456 | 4,559 | 5,302 | 3,462 | 3,877 | 4,064 | ||
| Nonoperating income (expense) | (519) | (235) | 2,209 | (231) | (1,354) | (1,051) | ||
| Interest and debt expense | 107 | (359) | (16) | (40) | (242) | (126) | ||
| Income from continuing operations before equity method investments, income taxes: | 3,044 | 3,965 | 7,495 | 3,191 | 2,281 | 2,887 | ||
| Other undisclosed income (loss) from continuing operations before income taxes | (107) | 359 | 16 | 40 | 242 | 126 | ||
| Income from continuing operations before income taxes: | 2,937 | 4,324 | 7,511 | 3,231 | 2,523 | 3,013 | ||
| Income tax expense (benefit) | 326 | (1,192) | (1,008) | (387) | 629 | 2,314 | ||
| Income from continuing operations: | 3,263 | 3,132 | 6,503 | 2,844 | 3,152 | 5,327 | ||
| Income before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | 6,503 | 2,844 | 3,152 | 5,327 | |
| Net income available to common stockholders, diluted: | 3,263 | 3,132 | 6,503 | 2,844 | 3,152 | 5,327 | ||
Comprehensive Income ($ in millions)
| 1/31/2024 TTM | 10/31/2023 | 10/31/2022 | 10/31/2021 | 10/31/2020 | 10/31/2019 | 10/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 3,263 | 3,132 | 6,503 | 2,844 | 3,152 | 5,327 | ||
| Other comprehensive income (loss) | (652) | 728 | 1,168 | (15) | (214) | 573 | ||
| Comprehensive income: | 2,611 | 3,860 | 7,671 | 2,829 | 2,938 | 5,900 | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 144 | (198) | (185) | (3) | (166) | |||
| Comprehensive income, net of tax, attributable to parent: | 2,755 | 3,662 | 7,486 | 2,826 | 2,772 | 5,900 | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.