{
  "url": "https://struct.news/briefs/hp-sold-125-more-but-gross-profit-barely-moved",
  "title": "HP sold 12.5% more, but gross profit barely moved",
  "summary": "Accounts receivable jumped 39.9% to $7.2 billion as HP’s nine-month revenue grew, putting collection and margin under the microscope.",
  "published_at": "2026-08-27T10:09:46.301992+00:00",
  "publisher": "Struct",
  "usage": "Figures are as reported by the company. Quote with attribution to the source filing.",
  "company": {
    "name": "HP Inc.",
    "ticker": "HPQ",
    "cik": "47217",
    "sector": "Technology",
    "industry": "Computer Hardware"
  },
  "source_filing": {
    "form": "10-Q",
    "filed": "2026-08-27",
    "accession": "0000047217-26-000051",
    "url": "https://www.sec.gov/Archives/edgar/data/47217/000004721726000051/hpq-20260731.htm"
  },
  "comparison_filing": {
    "form": "10-Q",
    "filed": "2025-08-28",
    "url": "https://www.sec.gov/Archives/edgar/data/47217/000004721725000063/hpq-20250731.htm"
  },
  "reported_figures": [
    {
      "group": "The filing in three numbers",
      "label": "Revenue",
      "value": 55295000000,
      "display": "$55.3B",
      "unit": "usd",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "sec_filing",
        "label": "Filed company results",
        "form": "10-Q",
        "accession": "0000047217-26-000051",
        "filing_date": "2026-08-27"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Revenue YoY",
      "value": 3.24128531152561,
      "display": "+3.2%",
      "unit": "percent",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000047217-26-000051",
        "filing_date": "2026-08-27"
      }
    },
    {
      "group": "The filing in three numbers",
      "label": "Operating margin",
      "value": 5.74012116827923,
      "display": "+5.7%",
      "unit": "percent",
      "period": "2025-10-31",
      "detail": null,
      "source": {
        "kind": "jodie_calculation",
        "label": "Calculated from filed company results",
        "form": "10-Q",
        "accession": "0000047217-26-000051",
        "filing_date": "2026-08-27"
      }
    }
  ],
  "watch_next": [
    {
      "type": "demand",
      "statement": "Printer unit volume declined because HP disclosed demand softness and competitive pressures, despite higher hardware ASPs.",
      "importance": "medium",
      "evidence": "Printer unit volume decreased 6.6% driven by demand softness and competitive pressures",
      "source_date": "2026-08-27"
    },
    {
      "type": "tariffs",
      "statement": "IEEPA tariff refunds and pricing actions partly offset gross-margin pressure, making refunds part of the current comparison.",
      "importance": "medium",
      "evidence": "The increase in gross margin is primarily due to IEEPA tariff refunds and pricing actions, partially offset by unfavorable mix shifts.",
      "source_date": "2026-08-27"
    }
  ],
  "related_tickers": [
    "HPQ"
  ],
  "disclaimer": "Descriptive reporting of filed results. Not investment advice, and contains no forecast or recommendation."
}