HP Inc: net revenue 2007-2020, by quarter

In 2015, the then Hewlett-Packard Company split into two independent companies: the HP Enterprise Company (HPE) and HP Inc. HPE manages enterprise products and services, while HP Inc specializes in personal computers and printers. In the first quarter of 2020, HP Inc’s net revenue was just above 14.6 billion U.S. dollars. In 2019, the company reported a total annual revenue of around 58.76 billion U.S. dollars.

Examining HP’s revenue streams

HP Inc. gets its revenue from two business segments: personal segments and printing. In order to stay relevant in a quickly changing technology industry, HP has focused on product design and new technologies. For example, it has teamed up with consulting firm Deloitte to sell and provide assistance to clients using 3D printers, a market that is projected to grow to 23 billion U.S. in 2022. HP Inc has expanded its 3D printing portfolio by opening a 3D printing and digital manufacturing center in Barcelona in early 2019.

HP Inc stays strong in hardware

HP Inc is constantly striving to remain a powerful market player in its field, including through initiatives such as strategic mergers and acquisitions. In 2018, for example, the company acquired Apogee Corporation, a UK-based office equipment dealer, for 380 million GBP. Another acquisition of note is its 2016 purchase of Samsung Printing Solutions for 1.1 billion U.S. dollars, which expanded HP Inc’s portfolio of offerings in business printing.

HP Inc's (Hewlett Packard's) quarterly net revenue from 2007 to 2020

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Source

Release date

February 2020

Region

Worldwide

Survey time period

2007 to 2020

Supplementary notes

HP Inc’s fiscal year ends on October 31.

On November 1, 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. This statistic represents the continuing financial information of HP Inc and, historically, the overall revenue of the Hewlett-Packard Company.

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Statistics on "Hewlett Packard Inc"

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