HP Inc. Q3 FY25: where the revenue came from and where it went
The whole income statement of HP Inc. for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- May 1 – Jul 31, 2025
- Reported
- Aug 28, 2025
Revenue$13.93B
+3% year over year
Gross profit$2.85B
20% margin
Operating profit$0.72B
5% margin
Net profit$0.76B
5% margin
Net profit is larger than what operations earned, because the statement adds $0.14B below it, under Tax benefit.
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 13.93 | 100% | +3% |
| Personal systems | 9.93 | 71% | +6% |
| Printing | 3.99 | 29% | −4% |
| Corporate investments | 0.02 | 0% | +129% |
| Cost of revenue | −11.08 | 80% | |
| Gross profit | 2.85 | 20% margin | −1pp |
| R&D | −0.41 | 3% | +0pp |
| SG&A | −1.45 | 10% | +0pp |
| Other | −0.28 | 2% | +0pp |
| Operating profit | 0.72 | 5% margin | −2pp |
| Interest & other costs | −0.09 | ||
| Tax benefit | 0.14 | ||
| Net profit | 0.76 | 5% margin | +1pp |
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