HPQ on NYSE

HP Inc.

Logo: HP Inc., Public domain, via Wikimedia Commons5

American information technology corporation

HP Inc. is an American multinational information technology company with its headquarters in Palo Alto, California, that develops personal computers (PCs), printers and other related supplies, as well as 3D printing services.3 From Wikipedia, CC BY-SA 4.0

$30.86 up 0.41 (1.33%)Price as of Oct 15, 2026 at 19:45 UTC

Last updated Oct 16, 2026.

Overview

$55.3BRevenue, fiscal 20256
$2.5BNet income, fiscal 20256
Nov 1, 2015Founded1

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  • TickerHPQ on NYSE1
  • Industrycomputer hardware industry, information and communications industry, information technology industry, software industry1
  • HeadquartersPalo Alto1
  • Founded inPalo Alto1
  • Websitewww.hp.com
  • Legal formpublic company1
  • Incorporated inDE7
  • Business address1501 Page Mill Road, Palo Alto, Ca 943047
  • Filer categoryLarge accelerated filer7
HP Headquarters Palo Alto
Photo: LPS.1, CC0, via Wikimedia Commons9

HP Inc. is an American multinational information technology company with its headquarters in Palo Alto, California, that develops personal computers (PCs), printers and other related supplies, as well as 3D printing services. It is the world's second-largest personal computer vendor by unit sales after Lenovo and ahead of Dell as of 2024.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

20.6%Gross margin6
5.7%Operating margin6
4.6%Net margin6
3.2%Revenue growth, 20256

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Product brought in 94% of the revenue HP Inc. broke down this way in fiscal 2025.

  1. Product$52.0B694%up 3% from 2024
  2. Service$3.3B66%up 6% from 2024
Products and services by year
Products and services202320242025
Product$50.7B$50.5B$52.0B
Service$3.1B$3.1B$3.3B

Business segments

Personal Systems brought in 70% of the revenue HP Inc. broke down this way in fiscal 2025.

  1. Personal Systems$38.5B670%up 6% from 2024
  2. Printing$16.7B630%down 4% from 2024
  3. Corporate Investments$62.0M60%up 148% from 2024
Business segments by year
Business segments202320242025
Personal Systems$35.7B$36.2B$38.5B
Printing$18.0B$17.3B$16.7B
Corporate Investments$7.0M$25.0M$62.0M

Regions

Rest of the world brought in 33% of the revenue HP Inc. broke down this way in fiscal 2025.

  1. Rest of the world$36.1B633%up 4% from 2024
  2. Americas$23.5B621%up 1% from 2024
  3. United States$19.2B617%up 2% from 2024
  4. EMEA$18.6B617%up 3% from 2024
  5. Asia Pacific$13.2B612%up 7% from 2024
Regions by year
Regions202320242025
Rest of the world$34.9B$34.8B$36.1B
Americas$23.1B$23.3B$23.5B
United States$18.8B$18.8B$19.2B
EMEA$17.8B$18.0B$18.6B
Asia Pacific$12.8B$12.3B$13.2B

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue79¢$43.9B
  • Research and development3¢$1.6B
  • Selling, general and admin11¢$5.8B
  • Other costs2¢$1.3B
  • Income tax0¢$139.0M
  • Profit5¢$2.5B

Out of $55.3B in revenue.6

Where each dollar of operating cash went, fiscal 2025

  • Dividends paid29¢$1.1B
  • Share buybacks23¢$850.0M
  • Kept or used elsewhere48¢$1.8B

Out of $3.7B of cash from operations.6

Financial statements

Revenue10111213146$55.3B in 2025−5% since 2018
0$20.0B$40.0B$60.0B$80.0B2018: $58.5B$58.5B20182019: $58.8B$58.8B2019+0%2020: $56.6B$56.6B2020−4%2021: $63.5B$63.5B2021+12%2022: $62.9B$62.9B2022−1%2023: $53.7B$53.7B2023−15%2024: $53.6B$53.6B2024−0%2025: $55.3B$55.3B2025+3%
Gross profit146$11.4B in 2025−7% since 2022
0$5.0B$10.0B$15.0B2022: $12.3B$12.3B20222023: $11.5B$11.5B2023−6%2024: $11.8B$11.8B2024+3%2025: $11.4B$11.4B2025−4%
Operating income10111213146$3.2B in 2025−17% since 2018
0$2.0B$4.0B$6.0B2018: $3.8B$3.8B20182019: $3.9B$3.9B2019+1%2020: $3.4B$3.4B2020−11%2021: $5.4B$5.4B2021+56%2022: $4.6B$4.6B2022−15%2023: $3.5B$3.5B2023−24%2024: $3.8B$3.8B2024+10%2025: $3.2B$3.2B2025−17%
Net income10111213146$2.5B in 2025−53% since 2018
0$2.0B$4.0B$6.0B$8.0B2018: $5.3B$5.3B20182019: $3.2B$3.2B2019−41%2020: $2.8B$2.8B2020−11%2021: $6.5B$6.5B2021+132%2022: $3.1B$3.1B2022−52%2023: $3.3B$3.3B2023+4%2024: $2.8B$2.8B2024−15%2025: $2.5B$2.5B2025−9%

Every line of the income statement in the latest annual report, as filed.6

Period ending2025-10-312024-10-312023-10-31
Total net revenue$55.3B$53.6B$53.7B
Total cost of net revenue$43.9B$41.7B$42.2B
Gross profit$11.4B$11.8B$11.5B
Research and development$1.6B$1.6B$1.6B
Selling, general and administrative$5.8B$5.7B$5.4B
Restructuring and other charges$405.0M$301.0M$527.0M
Acquisition and divestiture charges$45.0M$83.0M$240.0M
Amortization of intangible assets$345.0M$318.0M$350.0M
Total operating expenses$8.2B$8.0B$8.1B
Earnings from operations$3.2B$3.8B$3.5B
Interest and other, net-$506.0M-$539.0M-$519.0M
Earnings before taxes$2.7B$3.3B$2.9B
(Provision for) benefit from taxes-$139.0M-$504.0M$326.0M
Net earnings$2.5B$2.8B$3.3B
Basic (in dollars per share)$2.67$2.83$3.29
Diluted (in dollars per share)$2.65$2.81$3.26
Basic (in shares)946.0M shares979.0M shares992.0M shares
Diluted (in shares)953.0M shares989.0M shares1.0B shares

Compare HP Inc. with another company

The story

Founded by Hewlett-Packard on Nov 1, 2015, in Palo Alto.1

As Hewlett-Packard

Hewlett-Packard was founded in 1939 by Bill Hewlett and David Packard, who both graduated with degrees in electrical engineering from Stanford University in 1935. The company started off in the HP Garage in Palo Alto, California.

In March 2015, HP announced that Bang & Olufsen would become the company's new premium audio partner for its computers and other devices. This replaced the partnership with Beats Electronics that ended upon being acquired by Apple Inc. in 2014.

On November 1, 2015, Hewlett-Packard was split into two companies. Its personal computer and printer businesses became HP Inc., while its enterprise business became Hewlett Packard Enterprise. The split was structured so that Hewlett-Packard changed its name to HP Inc. and spun off Hewlett Packard Enterprise as a new publicly traded company. HP Inc. retains Hewlett-Packard's pre-2015 stock price history and its former stock ticker symbol, HPQ, while Hewlett Packard Enterprise trades under its own symbol, HPE.

As HP Inc.

In May 2016, HP introduced a new PC gaming sub-brand known as Omen (reusing trademarks associated with VoodooPC), including gaming laptops and desktops (with the latter offering options such as CPU water cooling and Nvidia's GTX 1080 graphics, and promoted as VR-ready), and other accessories (such as monitors) designed to cater to the market. Between May and August of that year, certain assets were sold to OpenText, including TeamSite and Exstream.

In November 2017, HP acquired Samsung Electronics' printer division for $1.05 billion.

In February 2021, HP announced its acquisition of Kingston's gaming division HyperX for $425 million. The deal only includes computer peripherals branded as HyperX, not memory or storage. The sale was completed in June 2021.

In February 2022, HP announced it had acquired the Edinburgh-based packaging development company, Choose Packaging, in an effort to strengthen its capabilities in the sustainable packaging vertical.

In March 2022, HP announced the acquisition of the California-headquartered communications software and hardware provider Poly Inc. in an all-cash transaction. HP said the cash amount agreed was $40 per share, which implied a total enterprise value of $3.3bn, inclusive Poly's net debts.

Read the full text

In May 2024, HP announced its intentions on restructuring its lineup of consumer PCs in preparation for the next generation of computers with artificial intelligence, stating that most of its PC models (except Omen) would adopt a new branding nomenclature under the new Omni brand, which consisted of the OmniBook (a revival of an old brand that was defunct in 2002 after acquiring Compaq that year), OmniStudio and OmniDesk models. The Omni brand of computers features AI-powered hardware and software, coexisting with HP's other offerings as of 2025.

In February 2025, HP announced it would acquire key artificial intelligence assets from Humane for approximately $116 million, including its Cosmos AI platform, intellectual property with more than 300 patents and patent applications, and much of Humane's engineering team. As part of the deal, Humane discontinued its AI Pin wearable device. HP stated that the acquisition would accelerate development of AI-powered experiences across its PCs, printers, and collaboration products.

In March 2026, HP introduced HP IQ, an AI software platform designed to connect HP AI PCs, printers, meeting-room devices, and workplace hardware through local AI processing and proximity-based connectivity. The platform was announced during HP Imagine 2026 as part of the company's broader AI ecosystem strategy.

Attempted merger with Xerox

On November 5, 2019, The Wall Street Journal reported that print and digital document company Xerox was contemplating acquiring HP. The company unanimously rejected two unsolicited offers, including a cash-and-stock offer at $22 per-share. HP stated that there was "uncertainty regarding Xerox's ability to raise the cash portion of the proposed consideration" (especially given that Xerox is a smaller company in terms of market cap than HP), and noted the company's aggressiveness. On November 26, 2019, Xerox issued a public letter defending allegations by HP that its offer was "uncertain" and "highly conditional", and declared its intent to "engage directly with HP shareholders to solicit their support in urging the HP Board to do the right thing and pursue this compelling opportunity."

Xerox stated in January 2020 that it would propose the replacement of HP's board of directors during its next shareholder meeting in April 2020. In a statement to TechCrunch, HP disclosed a belief that Xerox's bid was being "driven by" activist shareholder Carl Icahn. Xerox raised its bid to $24 per-share in February 2020.

On February 21, 2020, HP instituted a shareholder rights plan to fend off Xerox's pursuit of a hostile takeover. Four days later, HP announced that, if shareholders rejected the Xerox purchase, it planned on offering $16 billion in capital return between fiscal 2020 and 2022, including $8 billion in additional share buybacks and raising its "target long-term return of capital to 100% of free cash flow generation". HP criticized Xerox's bid as a "flawed value exchange" based on "overstated synergies". On March 5, 2020, HP rejected an offer at $24 per-share.

On March 31, 2020, Xerox rescinded its bid to buy HP Inc, citing that "the current global health crisis and resulting macroeconomic and market turmoil" had "created an environment that is not conducive to Xerox continuing to pursue an acquisition of HP Inc."

From Wikipedia’s article on HP Inc., shared under CC BY-SA 4.0.8

Leadership

Who has led HP Inc., and when. Pick a name to see everywhere that person has worked.

Board members and other officers (102)

Products and brands

  • computer
  • computer hardware
  • computer storage media
  • digital camera
  • image scanner
  • laptop
  • mobile phone
  • networking hardware
  • personal computer
  • pocket computer
  • printer
  • server
  • smartphone
  • software
  • systems integrator
  • tablet computer

Listed on Wikidata.1

HP develops personal computers (PCs; both consumer and business laptops and desktops), printers, scanners, monitors, accessories, workstations, servers, and related software and services such as 3D printing.

Its consumer PCs as of 2026 include the Essential line and Omen (gaming), as well as AI-powered PCs marketed under the Omni brand such as the OmniBook, OmniDesk and OmniStudio. HP's business computers are marketed under the "Pro" and "Elite" prefixes. In the professional space, HP market the HP Z series of desktop workstations and its mobile equivalent, HP ZBook.

It also manufactures the DeskJet, OfficeJet, LaserJet, and Envy series of printers and the ScanJet line of image scanners.

From Wikipedia’s article on HP Inc., shared under CC BY-SA 4.0.8

Subsidiaries and ownership

Subsidiaries

From Wikidata.1

Acquisitions

  1. Dec 2014Acquired HP Japan1
  2. Succeeded Hewlett-Packard1

Employees over time

  • 201648,0001

Former names

  • HEWLETT PACKARD COJan 26, 1994 to Oct 23, 20157

Timeline

  1. Feb 5, 2026New chief executive Bruce Broussard becomes CEO18
  2. Nov 15, 2019New chief executive Enrique Lores becomes CEO1
  3. Nov 4, 2015New chief executive Dion Weisler becomes CEO20
  4. Nov 1, 2015Founded Founded in Palo Alto1
  5. 2015Went public Listed on NYSE1
  6. Nov 3, 2010New chief executive Leo Apotheker becomes CEO21
  7. Apr 5, 2005New chief executive Mark Hurd V. becomes CEO22
  8. Dec 16, 2004New chief executive Carleton S. Fiorina becomes CEO23

Recent filings

  1. Oct 6, 20264
  2. Oct 2, 2026144
  3. Sep 21, 20268-K
  4. Sep 2, 20264
  5. Aug 27, 202610-Q
  6. Aug 27, 2026S-8
  7. Aug 26, 20268-K
  8. Aug 11, 20264
  9. Aug 7, 2026144
  10. Aug 7, 20264
  11. Aug 5, 2026144
  12. Aug 5, 20264
  13. Aug 3, 2026144
  14. Jul 30, 20264
  15. Jul 28, 2026144

Every filing from the last three years, summarized. The full record is on SEC EDGAR.2

Sources

The numbers on this page point here. Each one links to the record it came from.

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    Wikidata and SEC EDGARBruce Broussard, Board member
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    Wikidata and SEC EDGARKim Rucker, Board member
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    Wikidata and SEC EDGARRick Clemmer, Board member
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    Wikidata and SEC EDGARAída Álvarez, Board member
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    Wikidata and SEC EDGARMary Anne Citrino, Board member
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    Wikidata and SEC EDGARSubra Suresh, Board member
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    Wikidata and SEC EDGARRobert Bennett, Board member
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    Wikidata and SEC EDGARShumeet Banerji, Board member
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