HP Inc. is a leading global provider of personal computing and other access devices, imaging and printing products, and related technologies, solutions, and services. We sell to individual consumers, small- and medium-sized businesses and large enterprises, including customers in the government, health, and education sectors. We have three reportable segments: Personal Systems, Printing and Corporate Investments. The Personal Systems segment offers commercial and consumer desktop and notebook PCs, workstations, thin clients, commercial mobility devices, retail point of sale systems, display and peripherals, software, support, and services. The Printing segment provides consumer and commercial printer hardware, supplies, solutions and services. Corporate Investments include HP Labs and certain business incubation and investment projects.
As a company, we are delivering on our commitments to our stockholders and optimizing the business to consistently deliver long-term, sustainable value. We continue to focus on profitable value capture as we seek to advance our leadership position in Personal Systems and Printing and invest in adjacencies where we can disrupt with innovation and new business models like Graphics and 3D & Digital Manufacturing. At the same time, we are focused on transforming the way we work by increasing productivity and taking cost out of the business. We have an incredible channel network, passionate employees and a culture committed to keep reinventing. And just as importantly, we are winning the right way with a sustainable impact framework focused on the most urgent issues of our time where we believe can have the greatest impact: climate action, human rights, and digital equity.
What to Expect
Building a stronger core and more predictable cash flow
Creating a more growth‑oriented portfolio
Optimizing the business to drive long-term value
By key segment and business unit
Scale & Reach
#1 or #2
In either Print or PC in 57 countries2
Innovation & IP
Non-GAAP operating profit and non-GAAP free cash flow are non-GAAP financial measures. Please refer to “Reconciliation of GAAP Measures to Non-GAAP Measures” on page 93 for a description and reconciliation of these non-GAAP financial measures relative to reported GAAP financial measures.
Source: IDC Worldwide Quarterly Hardcopy Peripherals Tracker, Q3 2021 and IDC Worldwide Quarterly Personal Computing Device Tracker, Q3 2021.
Non-GAAP Operating Profit
Non-GAAP diluted net EPS
Non-GAAP free cash flow
Balanced Shift in Operating Profit Mix
Non-GAAP operating profit by key segment1,2
Non-GAAP operating profit, non-GAAP diluted net EPS and non-GAAP free cash flow are non-GAAP financial measures. Please refer to “Reconciliation of GAAP Measures to Non-GAAP Measures” on page 93 for a description and reconciliation of these non-GAAP financial measures relative to reported GAAP financial measures.
Non-GAAP operating profit by key segment reflects operating profit for the Printing and Personal Systems segments and does not include corporate investments and corporate other.