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HP HPQ Q4 2025 Annual earnings

Reported November 25, 2025 · After market close

Revenue estimate$14.5B
EPS estimate$0.92

Next report

Aug 26, 2026 (in a month)
Revenue estimate$14.3B
EPS estimate$0.66

Financials

Q4 2025

Income statement

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Revenue$14.6B+4.2%
Gross profit$3.0B-1.3%
Operating income$959.0M-3.2%
Net income$795.0M-12.3%
EPS (diluted)$0.83-10.8%

Balance sheet

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Cash & equivalents$3.7B+13.9%
Total debt$11.7B-4.8%
Total equity-$346.0M+73.8%
Total assets$41.8B+4.7%

Cash flow

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Operating cash flow$1.6B+0.1%
CapEx$197.0M+28.8%
Free cash flow$1.4B-2.9%

Valuation & ratios

Valuation

as of 10/31/25
See full
Market cap$25.86B-25.6%
Enterprise value$33.86B-22.7%
P/E10.2×-2.3×
P/S0.5×-0.2×

Profitability

See full
Gross margin20.6%-1.5pp
Operating margin5.7%-1.4pp
Net margin4.6%-0.6pp
FCF margin5.1%-0.8pp

Returns & leverage

See full
Current ratio0.8×0.0×

Segments

By segment

See full
Personal Systems$10.4B+7.9%
Printing$4.3B-4.2%
Corporate Investments$19.0M+72.7%

By geography

See full
Americas$6.1B-0.6%
Europe, Middle East and Africa$4.9B+7.9%
Asia-Pacific and Japan$3.6B+7.9%

By product

See full
Services$869.0M+6.8%

Versus estimates

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Questions, answered.

When did HP report Q4 2025 earnings?
HP (HPQ) reported Q4 2025 earnings on November 25, 2025 after market close.
What were HP's Q4 2025 revenue and EPS?
HP reported revenue of $14.6B and diluted EPS of $0.93 for Q4 2025.
Did HP beat estimates in Q4 2025?
Revenue beat the consensus estimate of $14.5B by $140.2M. EPS beat the consensus estimate of $0.92 by $0.01.
How did HP's Q4 2025 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 4.2% from $14.1B a year earlier and diluted EPS grew 0.0% from $0.93.
Where can I find HP's Q4 2025 SEC filings?
You can read the 8-K earnings release (0000047217-25-000068) and the 10-K periodic report (0000047217-25-000071) directly on SEC EDGAR. The filing index links above go to sec.gov.