HP Net Earnings (Quarterly)
Quarterly Net earnings of Hewlett Packard (2015-2021)
Amounts in millions.
2021 | Net earnings (mn) |
Q1 | $1,068 |
Q2 | $1,228 |
Q3 | $1,108 |
Q4 | $3,099 |
Total | $6,503 |
2021: In fiscal 2021, HP experienced significant growth in its net revenues and net earnings compared to the previous year. While its net revenues increased by 12.1% compared to the previous year, the company's net earnings more than doubled in 2021 compared to 2020. The total net earnings of the company were $6.5 billion in 2021 compared to $2.84 billion in 2020. HP experienced the most significant growth in its net earnings during the fourth quarter. Its fourt quarter net earnings for 2021 remained $3.1 billion compared to $668 million during the same quarter in the previous year.
FY 2020 | Net Earnings (Mn) |
Q1 | $678 |
Q2 | $764 |
Q3 | $734 |
Q4 | $668 |
Total | $2,844 |
FY 2019 | Net Earnings (Millions) |
Q1 | $ 803 |
Q2 | $782 |
Q3 | $1,179 |
Q4 | $388 |
Total | $3,152 |
FY 2018 | Net Earnings (Millions) |
Q1 | $ 1,938 |
Q2 | $ 1,058 |
Q3 | $ 880 |
Q4 | $ 1,451 |
FY 2017 | Net Earnings (Millions) |
Q1 | $ 611 |
Q2 | $ 559 |
Q3 | $ 696 |
Q4 | $ 660 |
FY 2016 | Net Earnings (Millions) |
Q1 | $ 592 |
Q2 | $ 629 |
Q3 | $ 783 |
Q4 | $ 492 |
FY 2015 | Net Earnings (Millions) |
Q1 | $ 1,366 |
Q2 | $1,011 |
Q3 | $ 854 |
Q4 | $ 1,323 |
During fiscal 2020, HP's net earnings were down to $2.84 billion from $3.15 billion in 2019.
About Hewlett Packard:
HP is a leading global provider of personal computing and other access devices, imaging and printing, products, and related technologies, solutions, and services. The company sells to individual customers as well as small and medium-sized businesses and large enterprises.
The customers of HP are also from the government and the health and education sector. HP Inc was incorporated in 1947. The separation of HP and HPE was completed in 2015. Hewlett Packard and Hewlett Packard Enterprises became two separate companies after that. HPE includes HP's former enterprise technology infrastructure, software, services, and financing businesses. In fiscal 2020, HP's net revenue remained $56.64 billion.