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Hewlett-Packard Co. (HPQ) | Income Statement

The income statement presents information on the financial results of a company's business activities over a period of time. The income statement communicates how much revenue the company generated during a period and what cost it incurred in connection with generating that revenue.

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Hewlett-Packard Co., Consolidated Income Statement

USD $ in millions

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Source: Hewlett-Packard Co., Annual Reports
Item Description The company
Net revenue Aggregate revenue recognized during the period (derived from goods sold, services rendered, insurance premiums, or other activities that constitute an entity's earning process). For financial services companies, also includes investment and interest income, and sales and trading gains. Hewlett-Packard Co.'s net revenue increased from 2009 to 2010 and from 2010 to 2011.
Earnings from operations The net result for the period of deducting operating expenses from operating revenues. Hewlett-Packard Co.'s earnings from operations increased from 2009 to 2010 but then declined significantly from 2010 to 2011.
Earnings before taxes Sum of operating profit and nonoperating income (expense) before income (loss) from equity method investments, income taxes, extraordinary items, cumulative effects of changes in accounting principles, and noncontrolling interest. Hewlett-Packard Co.'s earnings before taxes increased from 2009 to 2010 but then declined significantly from 2010 to 2011.
Net earnings The portion of consolidated profit or loss for the period, net of income taxes, which is attributable to the parent. If the entity does not present consolidated financial statements, the amount of profit or loss for the period, net of income taxes. Hewlett-Packard Co.'s net earnings increased from 2009 to 2010 but then declined significantly from 2010 to 2011.

May 23, 2012

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