Stock Analysis on Net

HP Inc. (NYSE:HPQ)

This company has been moved to the archive! The financial data has not been updated since August 29, 2019.

Income Statement
Quarterly Data

The income statement presents information on the financial results of a company 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.

HP Inc., consolidated income statement (quarterly data)

US$ in millions

Microsoft Excel
3 months ended: Jul 31, 2019 Apr 30, 2019 Jan 31, 2019 Oct 31, 2018 Jul 31, 2018 Apr 30, 2018 Jan 31, 2018 Oct 31, 2017 Jul 31, 2017 Apr 30, 2017 Jan 31, 2017 Oct 31, 2016 Jul 31, 2016 Apr 30, 2016 Jan 31, 2016 Oct 31, 2015 Jul 31, 2015 Apr 30, 2015 Jan 31, 2015 Oct 31, 2014 Jul 31, 2014 Apr 30, 2014 Jan 31, 2014 Oct 31, 2013 Jul 31, 2013 Apr 30, 2013 Jan 31, 2013
Net revenue 14,603 14,036 14,710 15,366 14,586 14,003 14,517 13,927 13,060 12,385 12,684 12,512 11,892 11,588 12,246 25,714 25,349 25,453 26,839 28,406 27,585 27,309 28,154 29,131 27,226 27,582 28,359
Cost of revenue (11,698) (11,307) (12,098) (12,669) (11,898) (11,301) (11,935) (11,407) (10,633) (10,002) (10,436) (10,221) (9,720) (9,338) (9,961) (19,363) (19,317) (19,345) (20,571) (21,425) (20,974) (20,704) (21,736) (22,437) (20,859) (21,055) (22,029)
Gross profit 2,905 2,729 2,612 2,697 2,688 2,702 2,582 2,520 2,427 2,383 2,248 2,291 2,172 2,250 2,285 6,351 6,032 6,108 6,268 6,981 6,611 6,605 6,418 6,694 6,367 6,527 6,330
Research and development (413) (353) (344) (354) (347) (356) (347) (291) (289) (314) (296) (318) (298) (301) (292) (934) (893) (850) (825) (876) (887) (873) (811) (729) (797) (815) (794)
Selling, general and administrative (1,376) (1,339) (1,248) (1,210) (1,227) (1,260) (1,169) (1,177) (1,097) (1,090) (1,017) (1,254) (719) (1,002) (1,037) (3,143) (3,076) (3,063) (3,071) (3,364) (3,388) (3,391) (3,210) (3,351) (3,274) (3,342) (3,300)
Restructuring and other charges (17) (69) (55) (40) (4) (57) (31) (113) (46) (140) (63) (49) (36) (100) (20) (591) (25) (255) (146) (604) (649) (252) (114) (371) (81) (408) (130)
Acquisition-related (charges) credits 9 (11) (10) (26) (10) (45) (42) (49) (40) (20) (16) (7) (20) (47) (19) (4) (3) (2) (3) (3) (3) (4) (11) (4)
Amortization of intangible assets (29) (29) (29) (20) (20) (20) (20) (1) (2) (6) (8) (246) (242) (221) (222) (226) (227) (264) (283) (317) (356) (350) (350)
Separation costs (509) (401) (269) (80)
Impairment of data center assets (136)
Earnings from operations 1,079 928 926 1,047 1,080 964 973 890 955 818 856 663 1,117 841 928 908 1,212 1,431 1,920 1,908 1,458 1,822 1,997 1,923 1,855 1,601 1,752
Interest and other, net (831) (45) (26) (40) (62) (881) (68) (42) (56) (64) (81) 347 (36) (5) (94) (318) (108) (139) (174) (146) (145) (174) (163) (103) (146) (193) (179)
Earnings from continuing operations before taxes 248 883 900 1,007 1,018 83 905 848 899 754 775 1,010 1,081 836 834 590 1,104 1,292 1,746 1,762 1,313 1,648 1,834 1,820 1,709 1,408 1,573
(Provision for) benefit from taxes 931 (101) (97) 444 (138) 975 1,033 (188) (203) (195) (164) (497) (238) (176) (184) 733 (250) (281) (380) (432) (328) (375) (409) (406) (319) (331) (341)
Net earnings from continuing operations 1,179 782 803 1,451 880 1,058 1,938 660 696 559 611 513 843 660 650 1,323 854 1,011 1,366 1,330 985 1,273 1,425 1,414 1,390 1,077 1,232
Net loss from discontinued operations, net of taxes (21) (60) (31) (58)
Net earnings 1,179 782 803 1,451 880 1,058 1,938 660 696 559 611 492 783 629 592 1,323 854 1,011 1,366 1,330 985 1,273 1,425 1,414 1,390 1,077 1,232

Based on: 10-Q (reporting date: 2019-07-31), 10-Q (reporting date: 2019-04-30), 10-Q (reporting date: 2019-01-31), 10-K (reporting date: 2018-10-31), 10-Q (reporting date: 2018-07-31), 10-Q (reporting date: 2018-04-30), 10-Q (reporting date: 2018-01-31), 10-K (reporting date: 2017-10-31), 10-Q (reporting date: 2017-07-31), 10-Q (reporting date: 2017-04-30), 10-Q (reporting date: 2017-01-31), 10-K (reporting date: 2016-10-31), 10-Q (reporting date: 2016-07-31), 10-Q (reporting date: 2016-04-30), 10-Q (reporting date: 2016-01-31), 10-K (reporting date: 2015-10-31), 10-Q (reporting date: 2015-07-31), 10-Q (reporting date: 2015-04-30), 10-Q (reporting date: 2015-01-31), 10-K (reporting date: 2014-10-31), 10-Q (reporting date: 2014-07-31), 10-Q (reporting date: 2014-04-30), 10-Q (reporting date: 2014-01-31), 10-K (reporting date: 2013-10-31), 10-Q (reporting date: 2013-07-31), 10-Q (reporting date: 2013-04-30), 10-Q (reporting date: 2013-01-31).

Income statement item Description The company
Net revenue Amount, including tax collected from customer, of revenue from satisfaction of performance obligation by transferring promised good or service to customer. Tax collected from customer is tax assessed by governmental authority that is both imposed on and concurrent with specific revenue-producing transaction, including, but not limited to, sales, use, value-added and excise. HP Inc. net revenue decreased from Q1 2019 to Q2 2019 but then increased from Q2 2019 to Q3 2019 not reaching Q1 2019 level.
Earnings from operations The net result for the period of deducting operating expenses from operating revenues. HP Inc. earnings from operations increased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.
Earnings from continuing operations before taxes Amount of income (loss) from continuing operations, including income (loss) from equity method investments, before deduction of income tax expense (benefit), and income (loss) attributable to noncontrolling interest. HP Inc. earnings from continuing operations before taxes decreased from Q1 2019 to Q2 2019 and from Q2 2019 to Q3 2019.
Net earnings The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. HP Inc. net earnings decreased from Q1 2019 to Q2 2019 but then increased from Q2 2019 to Q3 2019 exceeding Q1 2019 level.