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惠普公司HP Inc.(HPQ)2025财年10-K年度报告「NYSE」(英文版)(152页).pdf

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1、UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington,D.C.20549FORM 10-K(Mark One)ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIES EXCHANGEACT OF 1934For the fiscal year endedOctober 31,2025Or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d)OF THE SECURITIESEXCHANGE ACT OF 1934For

2、 the transition period from to Commission file number 1-4423HP Inc.(Exact name of registrant as specified in its charter)Delaware94-1081436(State or other jurisdiction ofincorporation or organization)(I.R.S.employeridentification no.)1501 Page Mill Road94304Palo Alto,California(Zip code)(Address of

3、principal executive offices)(650)857-1501(Registrants telephone number,including area code)_Securities registered pursuant to Section 12(b)of the Securities Exchange Act of 1934:Title of each classTrading Symbol(s)Name of each exchange on which registeredCommon stock,par value$0.01 per share HPQNew

4、York Stock ExchangeSecurities registered pursuant to Section 12(g)of the Act:NoneIndicate by check mark if the registrant is a well-known seasoned issuer as defined in Rule 405 of the Securities Act.Yes No Indicate by check mark if the registrant is not required to file reports pursuant to Section 1

5、3 or Section 15(d)of the Act.Yes No Indicate by check mark whether the registrant(1)has filed all reports required to be filed by Section 13 or 15(d)of the Securities Exchange Act of 1934(the“Exchange Act”)during the preceding12 months(or for such shorter period that the registrant was required to f

6、ile such reports),and(2)has been subject to such filing requirements for the past 90 days.Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T(232.405 of this chapter)during the p

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1. **公司概况**:HP Inc.是全球技术领导者,业务覆盖170+国家,主营个人计算、打印、3D打印等设备、服务及订阅,2025财年总股本约9.18亿股,非关联股东持股市值约241亿美元。 2. **业务 segments**:分三大报告部门——个人系统(含AI PC/工作站)、打印(商用/家用/耗材)、企业投资(孵化项目及数字赋能)。 3. **竞争与创新**:面临激烈竞争(如苹果、戴尔等),重点布局AI技术(如AI PC、智能打印),拥有超16,000项专利。 4. **风险与战略**:核心风险包括AI技术不确定性、供应链挑战、打印需求下降(因数字化趋势),计划通过成本优化(如2026财年结构成本节约)及订阅模式转型应对。 5. **治理与可持续性**:员工约5.5万人,强调多元包容及环境合规,可持续发展目标详见年度报告。
AI战略风险? 打印业挑战? 竞争对手威胁?
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