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HPQ
HP Inc.Stock · TechnologyS&P 500 0.0%
$25.76+$1.25 (+5.10%)as of market close, Jul 24, 2026
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How HP makes money

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How does HP make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

HP Inc. · FY2025 · year ended 2025-10-31
Revenue$55.3BGross profit$11.4B · 21%Cost of revenue$43.9B · 79%Operating income$3.2B · 6%Operating expenses$8.2B · 15%R&D$1.6B · 3%SG&A$5.8B · 11%Other opex$795M · 1%Pre-tax income$2.7B · 5%Other expense$506M · 1%Net income$2.5B · 5%Income tax$0 · 0%Product$52.0B · 94%Service$3.3B · 6%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.