HPQ vs SMCI
HP Inc. and Super Micro Computer, Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | HPQ | SMCI |
|---|---|---|
| Revenue | $55.3B | $39.1B |
| Net income | $2.5B | $2.2B |
| Gross margin | 20.6% | 10.8% |
| Net margin | 4.6% | 5.7% |
| Return on equity | · | 21.5% |
| Diluted EPS | $2.65 | $3.26 |
| Dividend / share | $1.16 | · |
| Payout ratio | 43.0% | · |
| Free cash flow | $2.8B | $-7.0B |
| Equity | $-346.0M | $14.5B |
| Net debt / equity | · | · |
| Current ratio | 0.77× | 3.87× |
| Revenue CAGR 5y | −0.5% | 61.5% |
| Profit CAGR 5y | −2.1% | 81.9% |
HPQ bills 1.4× the revenue of SMCI, and SMCI keeps more of each dollar of revenue as profit (5.7% against 4.6%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | HPQ | SMCI |
|---|---|---|
| FY2025 | $55.3B | $39.1B |
| FY2024 | $53.6B | $22.0B |
| FY2023 | $53.7B | $15.0B |
| FY2022 | $62.9B | $7.1B |
| FY2021 | $63.5B | $5.2B |
| FY2020 | $56.6B | $3.6B |
| FY2019 | $58.8B | $3.3B |
| FY2018 | $58.5B | $3.5B |
| FY2017 | $52.1B | $3.4B |
| FY2016 | $48.2B | $2.5B |
Bottom line
| Fiscal year | HPQ | SMCI |
|---|---|---|
| FY2025 | $2.5B | $2.2B |
| FY2024 | $2.8B | $1.0B |
| FY2023 | $3.3B | $1.2B |
| FY2022 | $3.1B | $640.0M |
| FY2021 | $6.5B | $285.2M |
| FY2020 | $2.8B | $111.9M |
| FY2019 | $3.2B | $84.3M |
| FY2018 | $5.3B | $71.9M |
| FY2017 | $2.5B | $46.2M |
| FY2016 | $2.5B | $66.9M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$16,231,928,000 | HPQ |
| FY2024 | +$31,586,958,000 | HPQ |
| FY2023 | +$38,728,749,000 | HPQ |
| FY2022 | +$55,786,518,000 | HPQ |
| FY2021 | +$58,263,901,000 | HPQ |
| FY2020 | +$53,080,578,000 | HPQ |
| FY2019 | +$55,416,719,000 | HPQ |
| FY2018 | +$54,971,640,000 | HPQ |
| FY2017 | +$48,695,508,000 | HPQ |
| FY2016 | +$45,753,071,000 | HPQ |
| FY2015 | +$49,237,978,000 | HPQ |
| FY2014 | +$54,696,647,000 | HPQ |
| FY2013 | +$110,830,798,000 | HPQ |
| FY2012 | +$119,194,439,000 | HPQ |
| FY2011 | +$126,231,126,000 | HPQ |
| FY2010 | +$125,090,418,000 | HPQ |
| FY2009 | +$113,830,562,000 | HPQ |
HPQ has reported the higher revenue in every one of these 17 fiscal years. The gap has narrowed since the earliest year compared.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −1.1 pp | SMCI |
| FY2024 | +0.4 pp | HPQ |
| FY2023 | −1.6 pp | SMCI |
| FY2022 | −4.0 pp | SMCI |
| FY2021 | +4.8 pp | HPQ |
| FY2020 | +1.8 pp | HPQ |
| FY2019 | +2.8 pp | HPQ |
| FY2018 | +7.1 pp | HPQ |
| FY2017 | +3.5 pp | HPQ |
| FY2016 | +2.5 pp | HPQ |
| FY2015 | +5.6 pp | HPQ |
| FY2014 | +4.1 pp | HPQ |
| FY2013 | +0.9 pp | HPQ |
| FY2012 | −12.3 pp | SMCI |
| FY2011 | +2.6 pp | HPQ |
| FY2010 | +2.7 pp | HPQ |
| FY2009 | +3.0 pp | HPQ |
The higher net margin has changed hands between HPQ and SMCI over this period.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HPQ's net margin has been more volatile than SMCI's over the 17 comparable fiscal years — 4.3 percentage points of standard deviation against 2.0.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between HPQ and SMCI over these 17 fiscal years — HPQ led in 13 and SMCI in 4.
17 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
HPQ's return on equity has been more volatile than SMCI's over the 7 comparable fiscal years — 21.2 percentage points of standard deviation against 3.5.
7 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between HPQ and SMCI over these 7 fiscal years — HPQ led in 6 and SMCI in 1.
7 of 19 comparable fiscal years — a year missing data on either side is not counted.