HP said total net revenue in fiscal 2025 increased 3.2% (increased 3.7% on a constant currency basis) compared to the prior-year period, with net revenue from the United States reaching $19.2 billion and net revenue from outside the United States reaching $36.1 billion.

1. 01

   HP said total net revenue in fiscal 2025 increased 3.2% (increased 3.7% on a constant currency basis) compared to the prior-year period, with net revenue from the United States reaching $19.2 billion and net revenue from outside the United States reaching $36.1 billion.

2. 02

   The company said gross margin in fiscal 2025 decreased by 1.5 percentage points, citing higher commodity and tariff costs, mix shifts towards Personal Systems and unfavorable currency impacts as factors.

3. 03

   HP said Personal Systems net revenue increased 6.5% and Printing net revenue decreased 3.7%. The company cited a 4.3% increase in unit volume as a factor in the Personal Systems increase.

4. 04

   The company said it returned $1.9 billion to shareholders in fiscal 2025 through cash dividends of $1.1 billion and share repurchases of $0.8 billion, with approximately $8.4 billion remaining authorized for repurchase as of October 31, 2025.

Key figures

Fiscal year ended October 31, 2025

Revenue

$55.3B

Operating income

$3.2B

Net income

$2.5B

EPS

$2.65

Gross profit

$11.4B

Operating cash flow

$3.7B

Analysis scope · Management's discussion (MD&A)We analyzed excerpts of the Management's Discussion and Analysis (MD&A) section (with omissions). Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.