HP Inc. (HPQ)

Sector: Technology|Industry: Computer Hardware|Market Cap: $30.47B|Employees: 58K


HP Inc. is a global technology leader providing innovative and sustainable devices, services, and subscriptions for personal computing, printing, 3D printing, hybrid work, gaming, and other related technologies. The company's core business model revolves around offering a broad range of products and solutions, with key revenue streams from hardware sales, supplies, and services. HP operates in over 170 countries and competes on the basis of technology, innovation, performance, price, quality, reliability, brand, distribution, and sustainability.

  1. Filings

Filing Highlights

Financial Performance

HP's net revenue decreased significantly, driven by demand softness and foreign currency impacts in both Personal Systems and Printing, as stated in the 'Net Revenue' section. This indicates a challenging macroeconomic environment affecting sales.

The gross margin increase was primarily driven by a mix shift towards Printing and lower commodity/logistics costs in Personal Systems, as detailed in the 'Gross Margin' section. This suggests improved profitability in specific segments despite overall revenue decline.

Net cash from operating activities decreased due to lower earnings before taxes, working capital management activities, and changes in receivables from contract manufacturers, as stated in the 'Operating activities' section. This indicates a potential strain on liquidity and operational efficiency.

Risk Factors

ESG Initiatives

Capital Allocation

Market Environment