Stocks Comparison
HP vs International Business Machines: revenue, profit, margins and growth compared
HP brought in $55.3B of revenue in fiscal 2025, International Business Machines $67.5B in fiscal 2025. Revenue changed by +3.2% at HP and +7.6% at International Business Machines on the year before, so International Business Machines grew faster. HP kept 4.6% of its revenue as net profit, International Business Machines 15.7%. Free cash flow was $2.8B at HP and $12.1B at International Business Machines.
Side by side, latest fiscal year
| HPQ | IBM | |
|---|---|---|
| Fiscal year ended | FY2025 (October 31, 2025) | FY2025 (December 31, 2025) |
| Revenue | $55.3B | $67.5B |
| Revenue growth | +3.2% | +7.6% |
| Net income | $2.5B | $10.6B |
| Net margin | 4.6% | 15.7% |
| Free cash flow | $2.8B | $12.1B |
| Free cash flow margin | 5.1% | 17.9% |
| Earnings per share (diluted) | $2.65 | $11.17 |
| Cash | $3.7B | $13.6B |
| Debt | $9.7B | $54.8B |
| Price to earnings | 11.8 | 20.2 |
| Market value | $28.6B | $212.5B |
| Dividend yield | 3.71% | 2.98% |
| Rank by revenue in sector | #13 of 530 · Technology | #9 of 530 · Technology |
Over the years
Questions about HP and International Business Machines
Which is bigger by revenue, HP or International Business Machines?
International Business Machines is bigger by revenue: $67.5B in fiscal 2025, against $55.3B for HP in fiscal 2025.
Which keeps more of its revenue as profit, HP or International Business Machines?
HP had a net margin of 4.6% in fiscal 2025; International Business Machines had 15.7% in fiscal 2025.
Which grew revenue faster, HP or International Business Machines?
In their latest fiscal years revenue changed by +3.2% at HP and +7.6% at International Business Machines.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.