HPQHP Inc.

Technology · Computer Hardware · NYSE

HP is a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. 10-K, Item 1

Headquarters: Palo Alto, CA
CEO: Enrique Lores
Next results: around Nov 24, 2026

Compare with peers → Embed

HPQ and 9 peers, year by year

The 9 Technology companies closest to HPQ in revenue over the last twelve months. Every number is from the 10-K and links to it in SEC's Inline XBRL viewer.

5 years 10 years Download CSV

Choose the peers

Each company's latest fiscal year
Company	Year	Revenue	Sales growth	Gross margin	Operating margin	Net margin	FCF margin	Return on equity	Debt / equity
HPQ HP Inc.	FY2025	$55.3B	+3.2%	20.6%	5.7%	4.6%	5.1%	n/m	n/m
INTC Intel	FY2025	$52.9B	−0.5%	34.8%	−4.2%	−0.5%	−9.4%	−0.2%	0.41
CSCO Cisco	FY2026	$63.3B	+11.8%	64.5%	24.3%	21.0%	20.2%	26.4%	0.59
SMCI Supermicro	FY2026	$39.1B	+77.8%	10.8%	7.1%	5.7%	−17.8%	15.4%	0.28
IBM IBM	FY2025	$67.5B	+7.6%	58.2%	-	15.7%	17.9%	32.4%	2.07
ORCL Oracle Corporation	FY2026	$67.4B	+17.3%	-	30.6%	25.4%	−35.2%	40.2%	3.05
AMD Advanced Micro Devices	FY2025	$34.6B	+34.3%	49.5%	10.7%	12.5%	19.4%	6.9%	0.07
ACN Accenture	FY2026	$74.2B	+6.5%	-	15.4%	11.3%	15.7%	26.5%	0.32
CRM Salesforce	FY2025	$41.5B	+9.6%	77.7%	20.1%	18.0%	34.7%	12.6%	0.24
QCOM Qualcomm	FY2026	$43.1B	−2.6%	-	20.1%	31.6%	20.1%	44.8%	0.43

Revenuepeer median $52.9B

Sales growthpeer median +9.6%

Gross marginpeer median 53.9%

Operating marginpeer median 17.7%

Net marginpeer median 15.7%

FCF marginpeer median 17.9%

Return on equitypeer median 26.4%

Debt / equitypeer median 0.41

RevenueSales growthGross marginOperating marginNet marginFree cash flowFCF marginReturn on equityDebt / equityEPS (diluted)

Revenue, FY2016 to FY2025

Revenue as reported in the 10-K.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
HPQ Oct	$48.2B	$52.1B	$58.5B	$58.8B	$56.6B	$63.5B	$62.9B	$53.7B	$53.6B	$55.3B
INTC Dec	$59.4B	$62.8B	$70.8B	$72.0B	$77.9B	$79.0B	$63.1B	$54.2B	$53.1B	$52.9B
CSCO Jul	$49.2B	$48.0B	$49.3B	$51.9B	$49.3B	$49.8B	$51.6B	$57.0B	$53.8B	$56.7B
SMCI Jun	$2.2B	$2.5B	$3.4B	$3.5B	$3.3B	$3.6B	$5.2B	$7.1B	$15.0B	$22.0B
IBM Dec	$79.9B	$79.1B	$79.6B	$57.7B	$55.2B	$57.4B	$60.5B	$61.9B	$62.8B	$67.5B
ORCL May	$37.0B	$37.8B	$39.4B	$39.5B	$39.1B	$40.5B	$42.4B	$50.0B	$53.0B	$57.4B
AMD Dec	$4.3B	$5.3B	$6.5B	$6.7B	$9.8B	$16.4B	$23.6B	$22.7B	$25.8B	$34.6B
ACN Aug	$34.8B	$36.2B	$41.0B	$43.2B	$44.3B	$50.5B	$61.6B	$64.1B	$64.9B	$69.7B
CRM Jan	$6.7B	$8.4B	$10.5B	$13.3B	$17.1B	$21.3B	$26.5B	$31.4B	$34.9B	$41.5B
QCOM Sep	$23.6B	$22.3B	$22.6B	$24.3B	$23.5B	$33.6B	$44.2B	$35.8B	$39.0B	$44.3B
Peer median	$34.8B	$36.2B	$39.4B	$39.5B	$39.1B	$40.5B	$44.2B	$50.0B	$53.0B	$52.9B

Sales growth, FY2016 to FY2025

Revenue against the fiscal year before.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
HPQ Oct	−6.3%	+7.9%	+12.3%	+0.5%	−3.6%	+12.0%	−0.9%	−14.6%	−0.3%	+3.2%
INTC Dec	+7.3%	+5.7%	+12.9%	+1.6%	+8.2%	+1.5%	−20.2%	−14.0%	−2.1%	−0.5%
CSCO Jul	-	−2.5%	+2.8%	+5.2%	−5.0%	+1.0%	+3.5%	+10.6%	−5.6%	+5.3%
SMCI Jun	-	+11.7%	+35.2%	+4.2%	−4.6%	+6.5%	+46.1%	+37.1%	+110%	+46.6%
IBM Dec	−2.2%	−1.0%	+0.6%	−3.1%	−4.4%	+3.9%	+5.5%	+2.2%	+1.4%	+7.6%
ORCL May	-	+1.8%	+4.2%	+0.3%	−1.1%	+3.6%	+4.8%	+17.7%	+6.0%	+8.4%
AMD Dec	+7.0%	+21.6%	+23.3%	+4.0%	+45.0%	+68.3%	+43.6%	−3.9%	+13.7%	+34.3%
ACN Aug	-	+5.7%	+13.3%	+5.4%	+2.6%	+14.0%	+21.9%	+4.1%	+1.2%	+7.4%
CRM Jan	-	+25.9%	+24.9%	+26.0%	+28.7%	+24.3%	+24.7%	+18.3%	+11.2%	+9.6%
QCOM Sep	-	−5.4%	+1.6%	+7.4%	−3.1%	+42.6%	+31.7%	−19.0%	+8.8%	+13.7%
Peer median	+7.0%	+5.7%	+12.9%	+4.2%	−1.1%	+6.5%	+21.9%	+4.1%	+6.0%	+8.4%

Gross margin, FY2016 to FY2025

Gross profit / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
HPQ Oct	-	-	-	-	-	-	19.5%	21.4%	22.1%	20.6%
INTC Dec	61.0%	62.3%	61.7%	58.6%	56.0%	55.4%	42.6%	40.0%	32.7%	34.8%
CSCO Jul	62.9%	63.0%	62.0%	62.9%	64.3%	64.0%	62.5%	62.7%	64.7%	64.9%
SMCI Jun	14.9%	14.1%	12.8%	14.2%	15.8%	15.0%	15.4%	18.0%	13.8%	11.1%
IBM Dec	48.2%	46.7%	46.4%	54.6%	55.9%	54.9%	54.0%	55.4%	56.7%	58.2%
ORCL May	60.5%	60.9%	61.7%	-	-	-	-	-	-	-
AMD Dec	23.2%	33.5%	37.8%	42.6%	44.5%	48.2%	44.9%	46.1%	49.4%	49.5%
ACN Aug	-	-	-	-	-	-	-	-	-	-
CRM Jan	75.2%	73.5%	73.7%	74.0%	75.2%	74.4%	73.5%	73.3%	75.5%	77.7%
QCOM Sep	-	-	-	-	-	-	-	-	-	-
Peer median	60.5%	60.9%	61.7%	56.6%	56.0%	55.2%	49.5%	50.8%	53.0%	53.9%

Operating margin, FY2016 to FY2025

Operating income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
HPQ Oct	7.4%	6.5%	6.6%	6.6%	6.1%	8.4%	7.2%	6.4%	7.1%	5.7%
INTC Dec	22.1%	28.8%	32.9%	30.6%	30.4%	24.6%	3.7%	0.2%	−22.0%	−4.2%
CSCO Jul	25.7%	24.9%	25.0%	27.4%	27.6%	25.8%	27.1%	26.4%	22.6%	20.8%
SMCI Jun	4.8%	3.8%	2.8%	2.8%	2.6%	3.5%	6.5%	10.7%	8.1%	5.7%
IBM Dec	-	-	-	-	-	-	-	-	-	-
ORCL May	34.0%	34.2%	33.7%	34.3%	35.6%	37.6%	25.7%	26.2%	29.0%	30.8%
AMD Dec	−8.6%	2.4%	7.0%	9.4%	14.0%	22.2%	5.4%	1.8%	7.4%	10.7%
ACN Aug	13.8%	14.4%	14.4%	14.6%	14.7%	15.1%	15.2%	13.7%	14.8%	14.7%
CRM Jan	1.7%	2.6%	4.3%	4.0%	1.7%	2.1%	2.1%	3.3%	14.4%	20.1%
QCOM Sep	27.6%	11.6%	2.7%	31.6%	26.6%	29.2%	35.9%	21.7%	25.8%	27.9%
Peer median	18.0%	13.0%	10.7%	21.0%	20.6%	23.4%	10.8%	12.2%	14.6%	17.4%

Net margin, FY2016 to FY2025

Net income / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
HPQ Oct	5.2%	4.9%	9.1%	5.4%	5.0%	10.3%	5.0%	6.1%	5.2%	4.6%
INTC Dec	17.4%	15.3%	29.7%	29.2%	26.8%	25.1%	12.7%	3.1%	−35.3%	−0.5%
CSCO Jul	21.8%	20.0%	0.2%	22.4%	22.7%	21.3%	22.9%	22.1%	19.2%	18.0%
SMCI Jun	3.2%	2.7%	1.4%	2.1%	2.5%	3.1%	5.5%	9.0%	7.7%	4.8%
IBM Dec	14.9%	7.3%	11.0%	16.3%	10.1%	10.0%	2.7%	12.1%	9.6%	15.7%
ORCL May	24.0%	25.0%	9.1%	28.1%	25.9%	34.0%	15.8%	17.0%	19.8%	21.7%
AMD Dec	−11.5%	−0.6%	5.2%	5.1%	25.5%	19.2%	5.6%	3.8%	6.4%	12.5%
ACN Aug	11.8%	9.5%	9.9%	11.1%	11.5%	11.7%	11.2%	10.7%	11.2%	11.0%
CRM Jan	−0.7%	3.8%	3.4%	8.4%	0.7%	19.2%	5.5%	0.7%	11.9%	18.0%
QCOM Sep	24.2%	11.0%	−22.0%	18.1%	22.1%	26.9%	29.3%	20.2%	26.0%	12.5%
Peer median	14.9%	9.5%	5.2%	16.3%	22.1%	19.2%	11.2%	10.7%	11.2%	12.5%

Free cash flow, FY2016 to FY2025

Cash from operations minus capital spending.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
HPQ Oct	$2.8B	$3.3B	$4.0B	$4.0B	$3.7B	$5.8B	$3.7B	$3.0B	$3.2B	$2.8B
INTC Dec	$12.2B	$10.3B	$14.3B	$16.9B	$21.6B	$10.7B	−$9.4B	−$14.3B	−$15.7B	−$4.9B
CSCO Jul	$12.4B	$12.9B	$12.8B	$14.9B	$14.7B	$14.8B	$12.7B	$19.0B	$10.2B	$13.3B
SMCI Jun	$73.9M	−$125.6M	$59.5M	$237.7M	−$74.7M	$64.9M	−$486.0M	$626.8M	−$2.6B	$1.5B
IBM Dec	$13.5B	$13.5B	$11.9B	$12.5B	$15.6B	$10.7B	$9.1B	$12.7B	$12.4B	$12.1B
ORCL May	$12.5B	$12.1B	$13.7B	$12.9B	$11.6B	$13.8B	$5.0B	$8.5B	$11.8B	−$394.0M
AMD Dec	$4.0M	−$101.0M	−$129.0M	$276.0M	$777.0M	$3.2B	$3.1B	$1.1B	$2.4B	$6.7B
ACN Aug	$4.2B	$4.5B	$5.4B	$6.0B	$7.6B	$8.4B	$8.8B	$9.0B	$8.6B	$10.9B
CRM Jan	$1.4B	$1.7B	$2.2B	$2.8B	$3.7B	$4.1B	$5.3B	$6.3B	$9.5B	$14.4B
QCOM Sep	$7.1B	$4.3B	$3.1B	$6.4B	$4.4B	$8.6B	$6.8B	$9.8B	$11.2B	$12.8B
Peer median	$7.1B	$4.5B	$5.4B	$6.4B	$7.6B	$8.6B	$5.3B	$8.5B	$9.5B	$10.9B

FCF margin, FY2016 to FY2025

Free cash flow / revenue.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
HPQ Oct	5.8%	6.3%	6.8%	6.8%	6.6%	9.2%	5.9%	5.5%	5.9%	5.1%
INTC Dec	20.5%	16.5%	20.1%	23.5%	27.7%	13.6%	−14.9%	−26.3%	−29.5%	−9.4%
CSCO Jul	25.2%	26.9%	26.0%	28.7%	29.7%	29.6%	24.7%	33.4%	19.0%	23.5%
SMCI Jun	3.3%	−5.1%	1.8%	6.8%	−2.2%	1.8%	−9.4%	8.8%	−17.4%	7.0%
IBM Dec	16.9%	17.1%	14.9%	21.6%	28.2%	18.7%	15.0%	20.5%	19.8%	17.9%
ORCL May	33.7%	32.0%	34.7%	32.6%	29.6%	34.0%	11.8%	17.0%	22.3%	−0.7%
AMD Dec	0.1%	−1.9%	−2.0%	4.1%	8.0%	19.6%	13.2%	4.9%	9.3%	19.4%
ACN Aug	12.0%	12.3%	13.2%	13.9%	17.2%	16.6%	14.3%	14.0%	13.3%	15.6%
CRM Jan	20.8%	20.1%	20.9%	21.1%	21.6%	19.2%	19.9%	20.1%	27.2%	34.7%
QCOM Sep	30.1%	19.4%	13.8%	26.4%	18.7%	25.8%	15.5%	27.5%	28.6%	28.9%
Peer median	20.5%	17.1%	14.9%	21.6%	21.6%	19.2%	14.3%	17.0%	19.0%	17.9%

Return on equity, FY2016 to FY2025

Net income / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
HPQ Oct	n/m	n/m	n/m	n/m	n/m	n/m	n/m	n/m	n/m	n/m
INTC Dec	15.6%	13.8%	28.2%	27.2%	25.8%	20.8%	7.9%	1.6%	−18.9%	−0.2%
CSCO Jul	16.9%	14.5%	0.3%	34.6%	29.6%	25.7%	29.7%	28.4%	22.7%	21.7%
SMCI Jun	10.3%	8.6%	5.5%	7.6%	7.9%	10.2%	20.0%	32.5%	21.3%	16.6%
IBM Dec	65.1%	32.7%	52.0%	45.3%	27.1%	30.4%	7.5%	33.3%	22.1%	32.4%
ORCL May	18.8%	17.5%	7.7%	50.9%	83.9%	n/m	n/m	n/m	120.3%	60.8%
AMD Dec	−104.4%	−5.5%	26.6%	12.1%	42.7%	42.2%	2.4%	1.5%	2.9%	6.9%
ACN Aug	54.4%	38.5%	39.2%	33.2%	30.0%	30.2%	31.1%	26.7%	25.7%	24.6%
CRM Jan	−0.9%	3.9%	3.5%	7.1%	0.4%	9.8%	2.5%	0.4%	6.9%	12.6%
QCOM Sep	18.0%	8.0%	n/m	89.3%	85.5%	90.9%	71.8%	33.5%	38.6%	26.1%
Peer median	16.9%	13.8%	17.2%	33.2%	29.6%	28.0%	14.0%	27.6%	22.1%	21.7%

Debt / equity, FY2016 to FY2025

Total debt / shareholders' equity at the year end.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
HPQ Oct	n/m	n/m	n/m	n/m	n/m	n/m	n/m	n/m	n/m	n/m
INTC Dec	0.38	0.38	0.35	0.37	0.45	0.40	0.41	0.47	0.50	0.41
CSCO Jul	0.45	0.51	0.59	0.73	0.38	0.28	0.24	0.19	0.68	0.60
SMCI Jun	0.13	0.21	0.14	0.03	0.03	0.09	0.42	0.15	0.09	0.02
IBM Dec	2.31	2.66	2.72	2.97	3.32	3.09	2.54	2.79	2.20	2.07
ORCL May	0.85	1.08	1.31	2.58	5.93	16.08	n/m	n/m	9.98	4.53
AMD Dec	3.01	2.46	1.09	0.17	0.06	0.04	0.05	0.06	0.03	0.07
ACN Aug	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.01	0.04	0.16
CRM Jan	-	0.24	0.17	0.20	0.08	0.06	0.18	0.18	0.16	0.24
QCOM Sep	0.37	0.66	n/m	2.84	2.59	1.43	0.78	0.67	0.51	0.70
Peer median	0.42	0.51	0.47	0.37	0.38	0.28	0.33	0.19	0.50	0.41

EPS (diluted), FY2016 to FY2025

Diluted earnings per share, on today's share count after splits.

Company	FY2016	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025
HPQ Oct	$1.43	$1.48	$3.26	$2.07	$1.98	$5.36	$2.98	$3.26	$2.81	$2.65
INTC Dec	$2.12	$1.99	$4.48	$4.71	$4.94	$4.86	$1.94	$0.40	−$4.38	−$0.06
CSCO Jul	$2.11	$1.90	$0.02	$2.61	$2.64	$2.50	$2.82	$3.07	$2.54	$2.55
SMCI Jun	$0.14	$0.13	$0.09	$0.14	$0.16	$0.21	$0.53	$1.14	$1.92	$1.68
IBM Dec	$12.38	$6.14	$9.52	$10.56	$6.23	$6.35	$1.80	$8.14	$6.43	$11.17
ORCL May	$2.07	$2.24	$0.85	$2.97	$3.08	$4.55	$2.41	$3.07	$3.71	$4.34
AMD Dec	−$0.60	−$0.03	$0.32	$0.30	$2.06	$2.57	$0.84	$0.53	$1.00	$2.65
ACN Aug	$6.45	$5.44	$6.34	$7.36	$7.89	$9.16	$10.71	$10.77	$11.44	$12.15
CRM Jan	−$0.07	$0.46	$0.49	$1.43	$0.15	$4.38	$1.48	$0.21	$4.20	$7.80
QCOM Sep	$3.81	$1.64	−$3.39	$3.59	$4.52	$7.87	$11.37	$6.42	$8.97	$5.01
Peer median	$2.11	$1.90	$0.49	$2.97	$3.08	$4.55	$1.94	$3.07	$3.71	$4.34

Fiscal years are lined up as each company's 10-K names them; the month next to a ticker is when its year ends. Hover a number for the XBRL line items and the filing; click it to open the filing on sec.gov. "n/m" means not meaningful: equity below zero, or a base so close to zero that the ratio says nothing. The peer median leaves out HPQ and needs at least three peers with the number. P/E, P/S and P/FCF at each year end appear here once the site has daily prices. What the same companies write about AI, tariffs and more →

Work on HPQ in a spreadsheet: Excel workbook (a sheet per section, ten years by column, charts, links to the filings) · CSV. For a Google Sheet that stays up to date, paste =IMPORTDATA("https://tickdelta.com/company/HPQ/export.csv") into a cell.