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Side-by-side financial comparison of HP Inc. (HPQ) and T-Mobile US (TMUS). Click either name above to swap in a different company.
T-Mobile US is the larger business by last-quarter revenue ($23.1B vs $14.6B, roughly 1.6× HP Inc.). T-Mobile US runs the higher net margin — 10.8% vs 5.4%, a 5.4% gap on every dollar of revenue. On growth, T-Mobile US posted the faster year-over-year revenue change (10.6% vs 4.2%). T-Mobile US produced more free cash flow last quarter ($4.6B vs $1.4B). Over the past eight quarters, T-Mobile US's revenue compounded faster (8.1% CAGR vs 5.4%).
The Hewlett-Packard Company, commonly shortened to Hewlett-Packard or HP, was an American multinational information technology company. It was founded by Bill Hewlett and David Packard in 1939 in a one-car garage in Palo Alto, California. Growing to become an influential high-tech powerhouse at the heart of Silicon Valley, the company was known for its progressive business philosophy, deemed the HP Way.
T-Mobile US, Inc. is an American wireless network operator headquartered in Bellevue, Washington. Its majority shareholder and namesake is the German telecommunications company Deutsche Telekom. T-Mobile is the second largest wireless carrier in the United States, with 140 million subscribers as of September 30, 2025.
HPQ vs TMUS — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $14.6B | $23.1B |
| Net Profit | $795.0M | $2.5B |
| Gross Margin | 20.2% | — |
| Operating Margin | 6.6% | 20.8% |
| Net Margin | 5.4% | 10.8% |
| Revenue YoY | 4.2% | 10.6% |
| Net Profit YoY | -12.3% | -15.2% |
| EPS (diluted) | $0.84 | $2.27 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $23.1B | ||
| Q4 25 | $14.6B | $24.3B | ||
| Q3 25 | $13.9B | $22.0B | ||
| Q2 25 | $13.2B | $21.1B | ||
| Q1 25 | $13.5B | $20.9B | ||
| Q4 24 | $14.1B | $21.9B | ||
| Q3 24 | $13.5B | $20.2B | ||
| Q2 24 | $12.8B | $19.8B |
| Q1 26 | — | $2.5B | ||
| Q4 25 | $795.0M | $2.1B | ||
| Q3 25 | $763.0M | $2.7B | ||
| Q2 25 | $406.0M | $3.2B | ||
| Q1 25 | $565.0M | $3.0B | ||
| Q4 24 | $906.0M | $3.0B | ||
| Q3 24 | $640.0M | $3.1B | ||
| Q2 24 | $607.0M | $2.9B |
| Q1 26 | — | — | ||
| Q4 25 | 20.2% | — | ||
| Q3 25 | 20.5% | — | ||
| Q2 25 | 20.7% | — | ||
| Q1 25 | 21.0% | — | ||
| Q4 24 | 21.4% | — | ||
| Q3 24 | 21.5% | — | ||
| Q2 24 | 23.6% | — |
| Q1 26 | — | 20.8% | ||
| Q4 25 | 6.6% | 15.4% | ||
| Q3 25 | 5.1% | 20.6% | ||
| Q2 25 | 4.9% | 24.7% | ||
| Q1 25 | 6.3% | 23.0% | ||
| Q4 24 | 7.1% | 21.0% | ||
| Q3 24 | 7.0% | 23.8% | ||
| Q2 24 | 7.4% | 23.4% |
| Q1 26 | — | 10.8% | ||
| Q4 25 | 5.4% | 8.6% | ||
| Q3 25 | 5.5% | 12.4% | ||
| Q2 25 | 3.1% | 15.2% | ||
| Q1 25 | 4.2% | 14.1% | ||
| Q4 24 | 6.4% | 13.6% | ||
| Q3 24 | 4.7% | 15.2% | ||
| Q2 24 | 4.7% | 14.8% |
| Q1 26 | — | $2.27 | ||
| Q4 25 | $0.84 | $1.89 | ||
| Q3 25 | $0.80 | $2.41 | ||
| Q2 25 | $0.42 | $2.84 | ||
| Q1 25 | $0.59 | $2.58 | ||
| Q4 24 | $0.93 | $2.56 | ||
| Q3 24 | $0.65 | $2.61 | ||
| Q2 24 | $0.61 | $2.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $3.7B | $3.5B |
| Total DebtLower is stronger | $9.7B | $86.0B |
| Stockholders' EquityBook value | $-346.0M | $55.9B |
| Total Assets | $41.8B | $214.7B |
| Debt / EquityLower = less leverage | — | 1.54× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $3.5B | ||
| Q4 25 | $3.7B | $5.6B | ||
| Q3 25 | $2.9B | $3.3B | ||
| Q2 25 | $2.7B | $10.3B | ||
| Q1 25 | $2.9B | $12.0B | ||
| Q4 24 | $3.2B | $5.4B | ||
| Q3 24 | $2.8B | $9.8B | ||
| Q2 24 | $2.4B | $6.4B |
| Q1 26 | — | $86.0B | ||
| Q4 25 | $9.7B | $86.3B | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $9.7B | $78.3B | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $55.9B | ||
| Q4 25 | $-346.0M | $59.2B | ||
| Q3 25 | $-901.0M | $60.5B | ||
| Q2 25 | $-1.3B | $61.1B | ||
| Q1 25 | $-1.1B | $61.1B | ||
| Q4 24 | $-1.3B | $61.7B | ||
| Q3 24 | $-1.4B | $64.3B | ||
| Q2 24 | $-916.0M | $62.6B |
| Q1 26 | — | $214.7B | ||
| Q4 25 | $41.8B | $219.2B | ||
| Q3 25 | $39.9B | $217.2B | ||
| Q2 25 | $38.8B | $212.6B | ||
| Q1 25 | $38.9B | $214.6B | ||
| Q4 24 | $39.9B | $208.0B | ||
| Q3 24 | $38.1B | $210.7B | ||
| Q2 24 | $37.4B | $208.6B |
| Q1 26 | — | 1.54× | ||
| Q4 25 | — | 1.46× | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | 1.27× | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $1.6B | $7.2B |
| Free Cash FlowOCF − Capex | $1.4B | $4.6B |
| FCF MarginFCF / Revenue | 9.7% | 19.9% |
| Capex IntensityCapex / Revenue | 1.3% | 0.0% |
| Cash ConversionOCF / Net Profit | 2.04× | 2.88× |
| TTM Free Cash FlowTrailing 4 quarters | $2.8B | $18.2B |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $7.2B | ||
| Q4 25 | $1.6B | $6.7B | ||
| Q3 25 | $1.7B | $7.5B | ||
| Q2 25 | $38.0M | $7.0B | ||
| Q1 25 | $374.0M | $6.8B | ||
| Q4 24 | $1.6B | $5.5B | ||
| Q3 24 | $1.4B | $6.1B | ||
| Q2 24 | $581.0M | $5.5B |
| Q1 26 | — | $4.6B | ||
| Q4 25 | $1.4B | $4.2B | ||
| Q3 25 | $1.4B | $4.8B | ||
| Q2 25 | $-145.0M | $4.6B | ||
| Q1 25 | $72.0M | $4.4B | ||
| Q4 24 | $1.5B | $3.3B | ||
| Q3 24 | $1.3B | $4.2B | ||
| Q2 24 | $462.0M | $3.5B |
| Q1 26 | — | 19.9% | ||
| Q4 25 | 9.7% | 17.2% | ||
| Q3 25 | 10.4% | 21.9% | ||
| Q2 25 | -1.1% | 21.7% | ||
| Q1 25 | 0.5% | 21.0% | ||
| Q4 24 | 10.5% | 15.3% | ||
| Q3 24 | 9.3% | 20.7% | ||
| Q2 24 | 3.6% | 17.6% |
| Q1 26 | — | 0.0% | ||
| Q4 25 | 1.3% | 10.1% | ||
| Q3 25 | 1.5% | 12.0% | ||
| Q2 25 | 1.4% | 11.3% | ||
| Q1 25 | 2.2% | 11.7% | ||
| Q4 24 | 1.1% | 10.1% | ||
| Q3 24 | 1.2% | 9.7% | ||
| Q2 24 | 0.9% | 10.3% |
| Q1 26 | — | 2.88× | ||
| Q4 25 | 2.04× | 3.16× | ||
| Q3 25 | 2.18× | 2.75× | ||
| Q2 25 | 0.09× | 2.17× | ||
| Q1 25 | 0.66× | 2.32× | ||
| Q4 24 | 1.79× | 1.86× | ||
| Q3 24 | 2.23× | 2.01× | ||
| Q2 24 | 0.96× | 1.89× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
HPQ
| Commercial PS | $7.0B | 48% |
| Consumer PS | $3.4B | 23% |
| Supplies | $2.8B | 19% |
| Commercial Printing | $1.2B | 8% |
| Consumer Printing | $296.0M | 2% |
| Corporate Investments | $19.0M | 0% |
TMUS
| Postpaid service revenues | $15.6B | 68% |
| Other | $7.5B | 32% |
