HP (HPQ) Revenue — Quarter Ended Oct 31, 2024
Revenue rose in the current quarter, marking a reversal from the declines seen in the first half of the fiscal year. The sequential increase was stronger than the year-over-year gain.
Key takeaway
Quarter ended Oct 31, 2024 · FY2024 Q4
Revenue rose in the current quarter, marking a reversal from the declines seen in the first half of the fiscal year. The sequential increase was stronger than the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$14.1B
Revenue reported for this quarter.
Quarter-over-quarter
+4.0%
Change from the immediately preceding quarter.
Year-over-year
+1.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$53.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 31, 2024 | $13.2B | -4.4% |
| Apr 30, 2024 | $12.8B | -0.8% |
| Jul 31, 2024 | $13.5B | +2.4% |
| Oct 31, 2024 | $14.1B | +1.7% |
Revenue performance
Reported revenue increased compared with both the immediately preceding quarter and the same quarter one year earlier.
Quarterly comparison
The sequential improvement followed two quarters of declining revenue earlier in the fiscal year. The year-over-year advance was more modest than the sequential rise.
What to watch
The filing context does not provide a specific explanation for the revenue change.