# HP Inc.

**Source:** https://geo.sig.ai/brands/hp-inc  
**Vertical:** Consumer Tech  
**Subcategory:** PC & Printing  
**Tier:** Leader  
**Website:** hp.com  
**Last Updated:** 2026-04-14

## Summary

HP Inc (HPQ) reported $53.6B in FY2024 revenue, up 2.5% YoY. World's #2 PC maker (~23% share). ~58,000 employees. HQ: Palo Alto, CA. Split from Hewlett Packard Enterprise in 2015.

## Company Overview

HP Inc. is a global technology company specializing in personal computers, printers, and related products, headquartered in Palo Alto, California. HP Inc. was created in November 2015 when Hewlett-Packard Company completed a separation into two independent publicly traded companies: HP Inc. (personal systems and printing) and Hewlett Packard Enterprise (enterprise IT infrastructure and services). HP Inc. reported revenues of $53.6B in fiscal year 2024 (ending October 2024), with approximately 58,000 employees worldwide.

HP Inc.'s business is divided into two segments: Personal Systems (~70% of revenue) and Printing (~30%). The Personal Systems division sells PCs, laptops, workstations, and thin clients under the HP and Omen brands to consumers, SMBs, and enterprises. HP is the #2 PC manufacturer globally by market share (approximately 23%), trailing Lenovo. The Printing segment — one of HP's most profitable divisions — sells printers (LaserJet, OfficeJet, DeskJet) and the highly recurring consumables (ink and toner cartridges) that generate most of the segment's margins. HP commands approximately 40% of the global printer market share.

HP Inc. trades on NYSE under ticker HPQ with a market cap of approximately $35B. The company has pursued aggressive cost reductions and share buybacks under CEO Enrique Lores. A key strategic initiative is HP's AI PC push: HP is embedding AI processing capabilities (NPUs) into its PC lineup to capture the enterprise upgrade cycle anticipated as Microsoft's AI-enhanced Windows features drive replacements of aging hardware. Printing faces long-term structural headwinds as offices use less paper, which HP is offsetting through managed print services and 3D printing expansion.

## Frequently Asked Questions

### What is HP Inc's annual revenue?
HP Inc. reported revenues of $53.6B in fiscal year 2024 (ending October 31, 2024), up approximately 2.5% year-over-year, driven by recovery in personal systems demand.

### What is HP Inc's stock ticker?
HP Inc. trades on the NYSE under ticker HPQ. It should not be confused with Hewlett Packard Enterprise (HPE), which is a separate publicly traded company.

### What is the difference between HP Inc and Hewlett Packard Enterprise?
HP Inc. (HPQ) focuses on PCs and printers for consumers and businesses. Hewlett Packard Enterprise (HPE) focuses on enterprise IT infrastructure including servers, networking (Aruba), storage, and hybrid cloud services.

### What is HP Inc's PC market share?
HP Inc. holds approximately 23% of the global PC market by shipments, making it the #2 PC manufacturer behind Lenovo (~25%) and ahead of Dell and Apple.

### What is HP Inc's printer market share?
HP Inc. holds approximately 40% of the global printer market by unit shipments, making it the clear #1 in both inkjet and laser printing globally.

### Who are HP Inc's main competitors?
In PCs, HP Inc. competes with Lenovo, Dell, Apple, and Acer. In printing, it competes with Canon, Epson, Brother, and Xerox for hardware, and with Epson EcoTank and Canon MegaTank for ink refillable systems.

### How does HP Inc.'s print subscription service (HP+/Instant Ink) work and why is it strategically important?
HP Instant Ink is a subscription ink delivery service that monitors printer ink levels remotely and automatically ships replacement cartridges before they run out — subscribers pay a monthly fee (starting at $0.99/month for 10 pages up to $24.99/month for 700 pages) instead of buying individual ink cartridges at retail. HP+ (the connected printer platform requiring Instant Ink enrollment) generates recurring revenue that offsets the company's declining printer hardware margins and builds a subscriber base now exceeding 12 million enrolled accounts. Subscription printing is HP's highest-margin printing revenue stream, and the company has designed newer printers to incentivize enrollment through cartridge lock-in features.

### How does HP compete in the commercial PC market against Dell, Lenovo, and Apple?
HP competes in commercial PCs primarily through its EliteBook (premium business laptops), ProBook (mid-range business), and ZBook (workstation) lines, targeting IT managers at mid-market and enterprise organizations who prioritize manageability, security features (HP Wolf Security built-in), and long-term support. HP is the #2 commercial PC vendor globally (behind Lenovo), differentiating through Wolf Security (hardware-enforced endpoint protection below the OS level), HP Sure Restart, and HP Connect (device management platform). Against Apple's M-series MacBooks, HP competes on Windows ecosystem compatibility, price points, and enterprise IT management familiarity.

## Tags

ai-powered, b2c, hardware, public

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*Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*