HP Inc
investor.hp.comWhat Do They Do?
Sells personal computers and printers, plus printing supplies, to consumers, businesses and print service providers.
10-K for FY2025, filed Dec 10, 2025Personal Systems offers desktops, notebooks, and workstations (including HP’s portfolio of AI PCs and workstations), thin clients, retail…View ↗
Printing provides consumer and commercial printer hardware, supplies, services and solutions. Printing is also focused on Graphics and 3D…View ↗
Office Printing Solutions delivers HP’s security enhanced office printers, supplies, services, and solutions to SMBs, public sector and…View ↗
How Do They Make Money?
HP generally invoices customers when goods or services are delivered, with payment due under contract terms. Fixed-price support and maintenance is generally paid in advance and provided over the contract term.
10-K for FY2025, filed Dec 10, 20255.Recognize revenue when (or as) the performance obligation is satisfied - Revenue is recognized when, or as, a performance obligation is…View ↗
HP transfers control of the products to the customer at the time the product is delivered to the customer and recognizes revenue…View ↗
HP recognizes revenue from fixed-price support, maintenance and other service contracts over time depicting the pattern of service delivery…View ↗
-
10-K for FY2025, filed Dec 10, 2025
FY2025 revenue by product or service ↗
$55.3B
-
10-K for FY2025, filed Dec 10, 2025
$55.3B ↗
| Segment | Share | Revenue | How money arrives |
|---|---|---|---|
|
Products
Sold outright
10-K for FY2025, filed Dec 10, 2025 |
94%
FY2022: 95%
|
Products, FY2025
$52B Sources
|
Sold outright |
|
Services
Recurring
|
6.0%
FY2022: 4.6%
|
Services, FY2025
$3.3B Sources
|
Recurring |
Who Are Their Customers?
HP sells directly and through retailers, resellers, distributors and system integrators. Retailers mainly serve consumers and smaller businesses; commercial resellers serve businesses and public-sector organizations, while account managers coordinate direct and partner sales for enterprise customers.
10-K for FY2025, filed Dec 10, 2025We manage our business and report our financial results based on the business segments described above. Our customers are organized by…View ↗
retailers that sell our products to the public focusing on consumers and SMBs; resellers that sell our products and services, frequently…View ↗
The majority of our overall revenue is made through channel resellers, however, the mix of our revenue generation conducted by direct sales…View ↗
10-K for FY2025, filed Dec 10, 2025
One customer, TD Synnex Corp, accounted for 12% of HP’s net revenue for fiscal year 2025. No single customer represented 10% or more of…View ↗
Do Revenues Turn Into Profits?
Yes. It kept 5 cents of every revenue dollar as net income in FY2025 and turned 5 cents into free cash flow.
10-K for FY2025, filed Dec 10, 2025
$3.2BView ↗
10-K for FY2025, filed Dec 10, 2025
$2.5BView ↗
10-K for FY2025, filed Dec 10, 2025
$2.8BView ↗
How Are They Changing?
10-Q for Q3 FY2026, filed Aug 27, 2026
Open tableView ↗
-
Feb 3, 2026
Enrique Lores stepped down; Bruce Broussard became interim CEO
HP reaffirmed its first-quarter and fiscal 2026 outlook.
Sources
8-K, filed Feb 3, 2026
On February 3, 2026, HP Inc. (“HP” or the “Company”) announced that Enrique Lores has stepped down as President and Chief Executive Officer…View ↗
Shrinking. Revenue fell 13% in 4 years, from $63.5B in FY2021 to $55.3B in FY2025, about 3% a year.
Who Do They Compete With?
Competes with Acer, Apple, ASUSTeK Computer, Dell, Huawei Technologies, Lenovo Group, Logitech International, Microsoft, Samsung Electronics, Toshiba, Brother Industries, Canon, Pantum International, Seiko Epson, The Ricoh, and Xerox
10-K for FY2025, filed Dec 10, 2025Personal Systems. The markets in which Personal Systems operates are highly competitive and are characterized by price competition and…View ↗
Loading...
