For the quarter ending 2026-01-31, HPQ had -$559M decrease in cash & cash equivalents over the period. $150M in free cash flow.
| Cash Flow | 2026-01-31 | 2025-10-31 | 2025-07-31 | 2025-04-30 |
|---|---|---|---|---|
| Net earnings | 545 | 795 | 763 | 406 |
| Depreciation and amortization | 214 | 208 | 306 | 205 |
| Stock-based compensation expense | 182 | 90 | 100 | 140 |
| Restructuring and other charges | 126 | 103 | 110 | 122 |
| Deferred taxes on earnings | -39 | 61 | 16 | -60 |
| Other, net | -31 | -13 | -31 | -37 |
| Accounts receivable | -364 | 578 | 797 | 115 |
| Inventory | 260 | 157 | 199 | -279 |
| Accounts payable | 208 | 1,048 | 1,793 | -1,302 |
| Net investment in leases related to integrated financing | -25 | -60 | -23 | -50 |
| Taxes on earnings | -28 | -31 | -239 | -133 |
| Restructuring and other | -99 | -88 | -89 | -75 |
| Other assets and liabilities | 836 | -220 | 111 | -584 |
| Net cash provided by operating activities | 383 | 1,624 | 1,661 | 38 |
| Investment in property, plant, equipment and purchased intangible | 233 | 197 | 215 | 183 |
| Purchases of available-for-sale securities and other investments | 5 | 17 | 17 | 3 |
| Maturities and sales of available-for-sale securities and other investments | 19 | 5 | 55 | 9 |
| Collateral posted for derivative instruments | 76 | -79 | -197 | 540 |
| Payments made in connection with business acquisitions, net of cash acquired | - | 0 | 0 | 116 |
| Proceeds from business divestitures, net | 26 | 66 | - | - |
| Net cash used in investing activities | -269 | -64 | 20 | -833 |
| Payments of short-term borrowings with original maturities less than 90days, net | - | 0 | - | - |
| Proceeds from debt | 89 | 137 | 90 | 1,076 |
| Payment of debt and other associated costs | - | 1,285 | - | 52 |
| Payment of debt | -1,225 | - | 1,312 | - |
| Stock-based award activities and others | 73 | 13 | -5 | 26 |
| Repurchase of common stock | 325 | 500 | 150 | 100 |
| Cash dividends paid | 277 | 270 | 272 | 273 |
| Collateral returned for derivative instruments | - | 0 | - | - |
| Settlement of cash flow hedges | - | 0 | 0 | 6 |
| Net cash used in financing activities | -673 | -721 | -1,537 | 631 |
| Decrease in cash, cash equivalents and restricted cash | -559 | 839 | 144 | -164 |
| Cash, cash equivalents and restricted cash at beginning of period | - | - | 2,894 | 2,894 |
| Cash, cash equivalents and restricted cash at beginning of period | 3,713 | 2,894 | 2,894 | 2,894 |
| Cash, cash equivalents and restricted cash at end of period | 3,154 | 3,713 | - | - |
HP INC (HPQ)
HP INC (HPQ)