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HP Revenue by Operating Segment

The chart above displays the net revenue of Hewlett Packard from each operating segment from 2014 to 2022 in millions of US dollars.

HP’s total net revenue in 2022 remained $62,983 million in 2022 compared to $63,487 million in 2021. The company has divided its business into two operating segments that include personal systems (PC and laptop) and printing segments. HP generated $44,084 million from its personal systems segment in 2022 compared to $43,359 millions in 2021. It also generated $18,902 million in 2022 from the sales of printing equipment and supplies compared to $20,128 millions in 2021.

Revenues of Hewlett Packard by Operating segment 2014-2022

YearPersonal SystemsPrintingCorporate InvestmentsOthersTotal Segments
2022$44,084$18,902$2$(5)$62,983
2021$43,359$20,128$3$(3)$63,487
2020$38,997$17,641$2$(1)$56,639
2019$38,694$20,066$2$(6)$58,756
2018$ 37,661$20,805$5 $58,471
2017$ 33,321$18,728$8 $52,057
2016$ 29,946$18,123$7 $48,076
2015$31,520$21,232$20 $52,772
2014$ 34,387$23,211$296 $57,894

HP has divided its business into three main operating segments that include Personal systems, printing and corporate investments. It generates substantially all of its revenues from the personal systems and printing divisions.

Personal Systems :

In 2021, HP generated $43.36 billion from the personal systems division, compared to $39 billion in 2020. It generated $30.52 billion from the sales of notebooks in 2021 compared to $25.8 billion in 2020. Its sales of desktops were down in 2021 compared to 2020. The company generated $9.4 billion from the sales of desktops in 2021 compared to $9.8 billion in 2020. Its net revenues from the sales of workstations in 2021 were $1.669 billion compared to $1.816 billion in 2020.

Printing:

HP’s net revenues from the printing division was $20.13 billion in 2021 compared to $17.64 billion in 2020. It generated $12.63 billion from the sales of printing supplies in 2021 compared to $11.6 billion in 2020.  The company generated $4.2 billion from the sales of commercial printers in 2021 compared to $3.54 billion in 2020. HP’s revenues from the sales of consumer printers was $3.3 billion in 2021 compared to $2.52 billion in 2020.