HP Inc: net earnings 1998-2019

In 2019, HP Inc reached net earnings of 3.15 billion U.S. dollars, down from 5.33 billion U.S. dollars in 2018, the highest net earnings in over five years. In 2012, then HP Company’s net earning plummeted to negative 12.6 billion U.S. dollars, as the company began a drastic reshaping period whose results included a division into HP Inc and HP Enterprise Company.

Changing business model

In order to keep up with a shifting industry, HP Inc has renovated its business model into a flexible consumption model and positioned itself as the first company to offer a Device as a Service (DaaS) program. This emerging service model offers hardware to businesses on a monthly subscription basis. In 2019, HP Inc substantially expanded its business relationship with Xerox Corporation as partners with combined DaaS offerings.

HP Company changes with the times

HP Inc retains the Hewlett Packard Company’s personal computer and printer divisions, which have both see an increase in revenue over the last few years. As part of its push to remain a leader within the PC market, HP Inc acquired Samsung Electronics’ printer segment in 2017 for around 1 billion U.S. dollars and heavily invested in 3D printing technology and applications, a market that is projected to grow to around 23 billion U.S. dollars by 2022.

HP Inc (Hewlett Packard's) net earnings from 1998 to 2019

Fiscal yearNet earnings in billion U.S. dollars
20193.15
20185.33
20172.53
20162.5
20154.55
20145.01
20135.11
2012-12.65
20117.07
20108.76
20097.66
20088.33
20077.26
20066.2
20052.4
20043.5
20032.54
2002-0.9
20010.41
20003.7
19993.49
19982.95
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Sources

Release date

November 2019

Region

Worldwide

Survey time period

1998 to 2018

Supplementary notes

Hewlett-Packard's fiscal year ended October 31 of each year. On 1 November 2015, Hewlett-Packard Company split into HP Inc., a printer and personal computer developer and manufacturer; and Hewlett Packard Enterprise (HPE), focused on servers, storage, networking, and business services.

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Statistics on "Hewlett Packard Inc"

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