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HP Inc. Reports Fiscal 2021 Full Year and Fourth Quarter Results

Fiscal 2021 net revenue of $63.5 billion is up 12.1% from the prior-year period, with free cash flow of $4.2 billion.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

HP Inc. and its subsidiaries announced fiscal 2021 net revenue of $63.5 billion, up 12.1% (up 10.2% in constant currency) from the prior-year period. Fiscal 2021 GAAP diluted net EPS was $5.33, up from $2.00 in the prior-year period and above the previously provided outlook of $3.56 to $3.62. Fiscal 2021 non-GAAP diluted net EPS was $3.79, up from $2.28 in the prior-year period and above the previously provided outlook of $3.69 to $3.75. Fourth quarter net revenue was $16.7 billion, up 9.3% (u...

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