Company Description
HP Inc. (NYSE: HPQ) is a global technology company in the computer and printing industries. According to its public disclosures, HP describes itself as a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. The company reports that it operates in more than 170 countries and delivers devices, services, and subscriptions across personal computing, printing, 3D printing, hybrid work, gaming, and other technology categories.
HP is classified in the computer terminal and other computer peripheral equipment manufacturing industry within the broader manufacturing sector. While HP notes that it delivers a wide range of devices and related offerings, it also states that it completely outsources manufacturing and relies heavily on channel partners for sales and marketing. This structure means HP focuses on product design, technology platforms, software, and services while working with external partners to produce and distribute its products.
Core Business Areas
In its earnings communications, HP presents results through two primary business activities: Personal Systems and Printing. Personal Systems net revenue includes consumer and commercial PCs and related systems, while Printing net revenue includes consumer and commercial printing and supplies. HP reports Personal Systems net revenue and Printing net revenue separately, along with related operating margins and unit trends, which highlights these as central pillars of its business model.
Personal Systems net revenue has included contributions from both consumer and commercial segments, with HP reporting total units and breaking out unit trends for each. Printing net revenue has been described in terms of consumer printing, commercial printing, and supplies, with HP also disclosing total hardware unit trends. These disclosures indicate that HP’s revenue is closely tied to demand for PCs, workstations, and printing hardware, as well as ongoing supplies usage.
Focus on the Future of Work and AI
HP repeatedly characterizes itself as a global technology leader redefining the Future of Work. In multiple news releases, HP states that it delivers AI-powered devices, software, services and subscriptions that are intended to drive business growth and professional fulfillment. The company positions its portfolio around hybrid work, intelligent workspaces, and AI-driven workflows, emphasizing that knowledge workers are under pressure and that better tools and technology can improve their relationship with work.
At CES 2026, HP highlighted new AI-focused products such as the HP EliteBoard G1a Next Gen AI PC, described as a full AI PC built into a keyboard form factor, and the HP EliteBook X G2 Series, which HP calls the next generation of premium business laptops built for the AI era. It also announced updates to its HP OmniBook consumer portfolio, including devices with Neural Processing Units (NPUs) designed to support concurrent AI applications, and AI-enhanced gaming products under the HyperX brand.
Beyond hardware, HP has introduced AI-enabled software platforms and tools. The HP Workforce Experience Platform (WXP) is described as an AI-powered, cloud-based platform that helps IT manage devices and employee experiences across the technology lifecycle. HP has also announced AI features for printing, such as AI-assisted scanning and formatting, and AI-supported security capabilities through HP Wolf Security for Business and related offerings.
Global Reach and Customer Base
HP notes that it operates in more than 170 countries and, in some descriptions, more than 180 countries, underscoring the global scale of its operations. The company has described its customer base as broad and global, with only about one third of sales coming from the United States, based on earlier summaries of its business. This indicates that HP’s revenue is geographically diversified across multiple regions.
HP’s products and services are used by consumers, small and medium-sized businesses, large enterprises, and public sector organizations. While HP does not enumerate all customer segments in the provided materials, its references to knowledge workers, IT decision makers, business leaders, gamers, creators, and healthcare providers (through collaborations) show that it targets a variety of use cases and professional roles.
Hybrid Work, Gaming, and Collaboration
HP places particular emphasis on hybrid work. The company references its Work Relationship Index, a research effort that examines how people experience work and technology. HP uses these findings to frame its product strategy around employee fulfillment, productivity, and flexible work environments. It has launched displays, docks, peripherals, and management tools intended to support remote, office, and mobile work scenarios.
In gaming, HP has brought together its OMEN and HyperX brands under the single HyperX gaming brand. HP describes HyperX as delivering an end-to-end experience that combines gaming PCs, displays, peripherals, and software. Products such as the HyperX OMEN MAX 16 gaming laptop and HyperX OMEN OLED 34 gaming monitor are positioned as high-performance gaming devices, while accessories like the HyperX Clutch Tachi arcade controller and an in-development EEG headset co-engineered with Neurable demonstrate HP’s focus on performance, personalization, and immersion for gamers.
HP also participates in collaboration and communications markets through HP | Poly video collaboration solutions. For example, HP is part of a partnership with Aceso Interactive to integrate HP | Poly devices with a patient engagement platform, illustrating HP’s role in video collaboration and connected experiences in healthcare settings.
Printing, 3D Printing, and Sustainability
Printing remains a key part of HP’s identity. The company reports Printing net revenue and operating margins, and it continues to introduce new printers and print-related solutions. Examples include the HP DesignJet T870 for large-format printing and the HP Envy Photo all-in-one series, which HP describes as designed for high-quality photo prints and everyday documents. HP also references 3D printing as part of its portfolio, noting that it delivers devices and solutions for 3D printing alongside traditional printing and personal computing.
HP highlights sustainability as a central theme. In its CES 2026 communications, HP reports that it has utilized more than five billion pounds of circular materials—defined as reused, recycled, or renewable materials—in its products and packaging since 2019. The company also notes that certain products, such as the HP EliteBook X G2 Series, are EPEAT 2.0 Gold Registered, and that some printers and PCs incorporate recycled content. These disclosures indicate that HP integrates environmental considerations into product design and materials sourcing.
Financial Profile and Capital Allocation
HP’s fiscal 2025 results, as reported in its earnings release, show that the company generates substantial net revenue and cash flow from operations. It reports net revenue, operating margins, net earnings, and free cash flow, and it distinguishes between GAAP and non-GAAP metrics. HP also discloses its approach to capital allocation, including dividends and share repurchases. In fiscal 2025, HP reports that it returned a significant portion of free cash flow to shareholders through dividends and buybacks, and that its board authorized an increase in the quarterly cash dividend amount.
HP also announced a company-wide initiative it refers to as a fiscal 2026 plan, intended to drive customer satisfaction, product innovation, and productivity through AI adoption and enablement. According to an 8-K filing, HP estimates that this plan will generate gross run rate cost savings by the end of fiscal 2028 and will involve restructuring and other charges, including workforce reductions. These disclosures show that HP is actively restructuring its cost base while investing in AI-enabled initiatives.
Corporate Governance and Leadership Changes
HP’s SEC filings provide insight into its governance and leadership transitions. For example, an 8-K filed in September 2025 reports that the President of Personal Systems decided to depart HP to pursue outside professional ambitions after a multi-decade career, and that a successor from within the company would assume the role. Another 8-K notes the appointment of a new Chief Accounting Officer and Global Controller, along with amendments to HP’s bylaws to align inspection rights with Delaware corporate law.
These filings illustrate HP’s practice of disclosing significant executive changes and governance updates, which can be relevant for investors assessing management continuity and oversight structures.
Position in the Technology Ecosystem
Across its public descriptions, HP consistently emphasizes themes of Future of Work, AI-powered devices, and hybrid work. It presents itself as a technology provider that spans personal systems, printing, 3D printing, gaming, collaboration, and IT management platforms. The company’s reliance on outsourced manufacturing and channel partners, combined with its global operations and broad product categories, positions it as a large-scale participant in the PC and printing markets with a growing emphasis on AI and software-enabled experiences.
FAQs
- What does HP Inc. do?
HP Inc. describes itself as a global technology leader and creator of solutions that enable people to bring their ideas to life and connect to the things that matter most. It delivers devices, services, and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and related technology areas. - In which industries does HP operate?
HP is classified in the computer terminal and other computer peripheral equipment manufacturing industry within the manufacturing sector. In its own descriptions, HP highlights personal computing, printing, 3D printing, hybrid work, gaming, and collaboration as key parts of its portfolio. - How does HP generate revenue?
HP reports its results primarily through Personal Systems and Printing. Personal Systems net revenue includes consumer and commercial PCs and related systems, while Printing net revenue includes consumer and commercial printing and supplies. These categories indicate that HP’s revenue is closely tied to sales of PCs, printing devices, and associated supplies and services. - Where does HP operate?
HP states that it operates in more than 170 countries, and in some descriptions more than 180 countries. This indicates a broad international footprint across multiple regions. - What is HP’s focus on the Future of Work?
HP describes itself as redefining the Future of Work by offering AI-powered devices, software, services, and subscriptions that aim to support hybrid work, boost productivity, and enhance professional fulfillment. It references research such as the HP Work Relationship Index to understand worker expectations and guide its product strategy. - How is HP using artificial intelligence?
HP incorporates AI into PCs, gaming devices, collaboration tools, and management platforms. Examples include AI PCs with NPUs for local AI workloads, AI-enhanced gaming optimization through OMEN AI, AI-powered features in the Workforce Experience Platform, and AI-assisted printing and scanning functions. - What is HP’s approach to sustainability?
HP reports that it has used more than five billion pounds of circular materials—reused, recycled, or renewable—in its products and packaging since 2019. It also highlights products that meet environmental standards such as EPEAT 2.0 Gold registration and notes the use of recycled content in certain devices. - Does HP manufacture its own hardware?
According to its business description, HP completely outsources manufacturing and relies heavily on channel partners for sales and marketing. This means that external manufacturing partners produce HP-branded hardware based on HP’s designs and specifications. - What are HP’s main business segments?
HP reports financial results for Personal Systems and Printing. Personal Systems includes consumer and commercial PC-related activities, while Printing includes consumer and commercial printing and supplies. These segments are central to HP’s financial reporting and business analysis. - Is HP still an independent public company?
HP Inc. files periodic reports and current reports such as Forms 8-K with the SEC and is listed on the New York Stock Exchange under the ticker HPQ. The provided filings and earnings releases indicate that HP continues to operate as an independent public company.