HP Inc. (HPQ) FY2025 10-K Annual Report

Filed: Dec 10, 2025
Industrials
Computer & office EquipmentSEC EDGAR

HP Inc. (HPQ) 10-K annual report for fiscal year 2025, filed with SEC EDGAR on Dec 10, 2025. This page provides AI-powered analysis including business overview, management discussion & analysis (MD&A), risk factors, and key financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE) extracted from XBRL.

HP Inc. FY2025 10-K Analysis

Business Overview

  • Core business model: global technology leader in personal computing, printing, 3D printing, hybrid work, gaming, and related tech products and services
  • New AI-focused products: launched AI PCs and workstations with local AI processing; integrated AI deep-learning in security and intelligent print features
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Management Discussion & Analysis

  • Revenue not explicitly stated; discussion highlights macroeconomic and competitive challenges impacting demand
  • Printing segment faces foreign currency headwinds and non-original supply competition; Personal Systems sees rising commodity costs, especially memory/storage
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Risk Factors

  • Foreign earnings repatriation risk: potential state income or foreign withholding tax on U.S. repatriations despite no federal tax
  • Supply chain inventory buildup: days of supply in inventory increased to 66 days in FY25 due to Windows PC refresh demand and tariff mitigation
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HP Inc. FY2025 Key Financial Metrics
XBRL

Revenue

$55.3B

+3.2% YoY

Net Income

$2.5B

-8.9% YoY

Gross Margin

20.6%

-146bp YoY

Operating Margin

5.7%

-139bp YoY

Net Margin

4.6%

-61bp YoY

ROE

-730.9%

-52117bp YoY

Total Assets

$41.8B

+4.7% YoY

EPS (Diluted)

$2.65

-5.7% YoY

Operating Cash Flow

$3.7B

-1.4% YoY

Source: XBRL data from HP Inc. FY2025 10-K filing on SEC EDGAR. All figures in USD.

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