← HP INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $48.2b | $52.1b | $58.5b | $58.8b | $56.6b | $63.5b | $62.9b | $53.7b | $53.6b | $55.3b | |
| Cost of Revenue | $39.2b | $42.5b | $47.8b | $47.6b | $46.2b | $50.1b | $50.6b | $42.2b | $41.7b | $43.9b | |
| Gross Profit | $9.0b | $9.6b | $10.7b | $11.2b | $10.4b | $13.4b | $12.3b | $11.5b | $11.8b | $11.4b | |
| Research and development | $1.2b | $1.2b | $1.4b | $1.5b | $1.5b | $1.9b | $1.6b | $1.6b | $1.6b | $1.6b | |
| Selling, general and administrative | $3.8b | $4.4b | $4.9b | $5.4b | $4.9b | $5.7b | $5.3b | $5.4b | $5.7b | $5.8b | |
| Operating expenses: | |||||||||||
| Total operating expenses | $44.7b | $48.5b | $54.4b | $54.9b | $53.2b | $58.2b | $58.3b | $50.3b | $8.0b | $8.2b | |
| Operating Income (Loss) | $3.5b | $3.5b | $4.1b | $3.9b | $3.5b | $5.3b | $4.6b | $3.5b | $3.8b | $3.2b | |
| Additional Financial Items | |||||||||||
| (Provision for) benefit from taxes | ($1.1b) | ($750.0m) | $2.3b | $629.0m | ($387.0m) | ($1.0b) | ($1.2b) | $326.0m | ($504.0m) | ($139.0m) | |
| Acquisition and divestiture charges | $7.0m | $125.0m | $123.0m | $35.0m | $16.0m | $68.0m | $318.0m | $240.0m | $83.0m | $45.0m | |
| Amortization of Intangible Assets | $16.0m | $1.0m | $80.0m | $116.0m | $113.0m | $154.0m | $228.0m | $350.0m | $318.0m | $345.0m | |
| Basic (in shares) | $1.7b | $1.7b | $1.6b | $1.5b | $1.4b | $1.2b | $1.0b | $992.0m | $979.0m | $946.0m | |
| Diluted (in shares) | $1.7b | $1.7b | $1.6b | $1.5b | $1.4b | $1.2b | $1.1b | $1.0b | $989.0m | $953.0m | |
| Earnings before taxes | $3.8b | $3.3b | $3.0b | $2.5b | $3.2b | $7.5b | $4.4b | $2.9b | $3.3b | $2.7b | |
| Earnings from operations | $3.5b | $3.5b | $4.1b | $3.9b | $3.5b | $5.3b | $4.7b | $3.5b | $3.8b | $3.2b | |
| Foreign Currency Transaction Gain (Loss), before Tax | — | ($70.0m) | — | — | — | — | — | — | — | — | |
| Gain (Loss) Related to Litigation Settlement | — | — | — | — | — | $2.3b | $0 | $0 | — | $52.0m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $0 | $0 | $0 | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | $468.0m | ($14.0m) | $242.0m | ($1.0b) | $884.0m | $4.7b | $1.4b | $650.0m | $537.0m | $107.0m | |
| Income (Loss) from Continuing Operations, Per Basic Share | $2 | $2 | $3 | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | $2 | $1 | $3 | $2 | $2 | $5 | $3 | $3 | $3 | $3 | |
| Interest and other, net | $212.0m | ($243.0m) | ($1.1b) | ($1.4b) | ($231.0m) | $2.2b | ($235.0m) | ($519.0m) | ($539.0m) | ($506.0m) | |
| Investment Income, Interest | $24.0m | $66.0m | $116.0m | $80.0m | $40.0m | $31.0m | $46.0m | $67.0m | $78.0m | $89.0m | |
| Net earnings | $2.5b | $2.5b | $5.3b | $3.2b | $2.8b | $6.5b | $3.2b | $3.3b | $2.8b | $2.5b | |
| Restructuring and other charges | $205.0m | $362.0m | $132.0m | $275.0m | $462.0m | $245.0m | $233.0m | $527.0m | $301.0m | $405.0m | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $3.8b | $3.3b | $3.0b | $2.5b | $3.2b | $7.5b | $4.3b | $2.9b | $3.3b | $2.7b | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | $2.7b | $2.5b | $5.3b | — | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($170.0m) | $0 | $0 | — | — | — | — | — | — | — | |
| Total net revenue | $48.2b | $52.1b | $58.5b | $58.8b | $56.6b | $63.5b | $63.0b | $53.7b | $53.6b | $55.3b | |
| Net Income (Loss) Attributable to Parent | $2.5b | $2.5b | $5.3b | $3.2b | $2.8b | $6.5b | $3.1b | $3.3b | $2.8b | $2.5b | |
| Net Income (Loss) Available to Common Stockholders, Basic | $2.5b | $2.5b | $5.3b | $3.2b | $2.8b | $6.5b | $3.1b | $3.3b | $2.8b | $2.5b | |
| Common Stock, Dividends, Per Share, Declared | $0.50 | $0.53 | $0.56 | $2.08 | $0.70 | $0.78 | $1.00 | $1.05 | $1.10 | $1.16 | |
| Earnings Per Share, Basic | $1.44 | $1.50 | $3.30 | $2.08 | $2.01 | $5.38 | $3.02 | $3.29 | $2.83 | $2.67 | |
| Earnings Per Share, Diluted | $1.43 | $1.48 | $3.26 | $2.07 | $2.00 | $5.33 | $2.98 | $3.26 | $2.81 | $2.65 | |
| Weighted Average Number of Shares Outstanding, Basic | 1.7b | 1.7b | 1.6b | 1.5b | 1.4b | 1.2b | 1.0b | 992.0m | 979.0m | 946.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 1.7b | 1.7b | 1.6b | 1.5b | 1.4b | 1.2b | 1.1b | 1.0b | 989.0m | 953.0m | |
| Other income (expense): | |||||||||||
| Business Combination, Acquisition Related Costs | $7.0m | $125.0m | $123.0m | $35.0m | $16.0m | $68.0m | $318.0m | $240.0m | $83.0m | $45.0m | |
| Costs and Expenses | $44.7b | $48.5b | $54.4b | $54.9b | $53.2b | $58.2b | $58.4b | $50.3b | $8.0b | $8.2b | |
| Interest Expense, Debt | $273.0m | $309.0m | $312.0m | $242.0m | $239.0m | $254.0m | $359.0m | $548.0m | $452.0m | $430.0m | |
| Other Nonoperating Income (Expense) | — | $89.0m | $49.0m | $74.0m | $21.0m | ($22.0m) | ($19.0m) | $7.0m | $57.0m | ($16.0m) | |
| Research and Development Expense | $1.2b | $1.2b | $1.4b | $1.5b | $1.5b | $1.9b | $1.7b | $1.6b | $1.6b | $1.6b | |
| Selling, General and Administrative Expense | $3.8b | $4.4b | $4.9b | $5.4b | $4.9b | $5.7b | $5.3b | $5.4b | $5.7b | $5.8b | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | ($179.0m) | ($5.0m) | ($7.0m) | — | ($214.0m) | $37.0m | $0 | $0 | — | — | |
| Income Tax Expense (Benefit) | $1.1b | $750.0m | ($2.3b) | ($629.0m) | $387.0m | $1.0b | $1.2b | ($326.0m) | $504.0m | $139.0m | |
| Nonoperating Income (Expense) | $212.0m | ($243.0m) | ($1.1b) | ($1.4b) | ($231.0m) | $2.2b | ($235.0m) | ($519.0m) | ($539.0m) | ($506.0m) | |
| Total cost of net revenue | $39.2b | $42.5b | $47.8b | $47.6b | $46.2b | $50.1b | $50.6b | $42.2b | $41.7b | $43.9b |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.