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HP HPQ Acquisitions

Acquisitions at other companies

Zebra Technologies logo
Zebra TechnologiesZBRA
$0-100%
3D Systems logo
3D SystemsDDD
$0-100%
Corsair Gaming, Inc. logo
Corsair Gaming, Inc.CRSR
$44.17M+1,143%
Xerox Holdings Corporation logo
Xerox Holdings CorporationXRX
-$19M
TD SYNNEX logo
TD SYNNEXSNX
$7.79M+105%
Mercury Systems logo
Mercury SystemsMRCY
$4.54M

Other financials

Income statement

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Revenue$14.4B+9.0%
Gross profit$3.0B+10.1%
Operating income$612.0M-6.4%
Net income$450.0M+10.8%
EPS (diluted)$0.49+16.7%

Balance sheet

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Cash & equivalents$3.7B+35.6%
Total debt$11.7B-11.8%
Total equity-$144.0M+88.7%
Total assets$42.9B+10.7%

Cash flow

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Operating cash flow$926.0M+2,337%
CapEx$170.0M-7.1%
Free cash flow$756.0M+621%

Valuation

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Market cap$26.08B+11.0%
Enterprise value$34.09B+6.0%
P/E10.2×+1.3×
P/S0.5×0.0×

Profitability

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Gross margin20.3%-0.8pp
Operating margin5.3%-1.0pp
Net margin4.4%-0.2pp
FCF margin6.6%+1.7pp

Returns & leverage

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Return on equity-359.6%
Debt / equity0.4×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by HP in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: HP’s 10-K, filed December 10, 2025.

Filed
Dec 10, 2025
Fiscal year
FY2025
Accession
0000047217-25-000071
Line itemFor the fiscal years ended October 31 / 2025For the fiscal years ended October 31 / 2024For the fiscal years ended October 31 / 2023
Purchases of available-for-sale securities and other investments(40)(4)(11)
Maturities and sales of available-for-sale securities and other investments74821
Collateral posted for derivative instruments(264)
Payments made in connection with business acquisitions, net of cash acquired(116)(58)(7)
Proceeds from business divestitures66
Net cash used in investing activities(1,177)(646)(590)
Cash flows from financing activities:
Payments of short-term borrowings with original maturities less than 90 days, net(10)

ITEM 8. Financial Statements and Supplementary Data.

FAQ

What is HP's acquisitions?
HP (HPQ) reported acquisitions of $29M in Q3 2025.
How has HP's acquisitions changed year-over-year?
HP's acquisitions decreased by 32.6% year-over-year, from $43M to $29M.
What is the long-term trend for HP's acquisitions?
Over 3 years (2021 to 2025), HP's acquisitions has grown at a -48.6% compound annual growth rate (CAGR), from $854M to $116M.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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