How HP Inc. Makes Money (2026)
HP Inc. makes money mainly from Personal Systems. Its FY2025 total revenue was $55,295 million ($55.3 billion), with Personal Systems the biggest disclosed revenue line at $38,532 million ($38.5 billion) and 69.7% of total revenue (computed from the 10-K FY2025). HP’s printing supplies are consumable products designed for recurring use with hardware.
Last checked 2026-10-18 on the official pages.
Revenue breakdown
Amounts in millions of USD. Shares are computed from the filing.
| Revenue line | Value | % of total | Filing |
|---|---|---|---|
| Personal Systems | $38,532 million ($38.5 billion) | 69.7% | 10-K FY2025 ↗ |
| Printing | $16,702 million ($16.7 billion) | 30.2% | 10-K FY2025 ↗ |
| Corporate Investments | $62 million | 0.1% | 10-K FY2025 ↗ |
| Total revenue | $55,295 million ($55.3 billion) | — | 10-K FY2025 ↗ |
The hidden model
HP’s printing supplies are consumable products designed for recurring use with hardware.
HP’s printing supplies are consumable products designed for recurring use with hardware. verified
Supplies comprises a set of highly innovative consumable products, ranging from ink and laser cartridges to media, industrial graphics supplies and 3D printing and personalization supplies, for recurring use in consumer and commercial hardware.
The segment table separately discloses recurring Supplies revenue. verified
Supplies 10,916 11,295 11,452 Commercial Printing 4,633 4,841 5,250 Consumer Printing 1,153 1,202 1,327
Business models
Hardware plus services · Razor and blades
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Frequently asked questions
How does HP Inc. make money?
HP Inc. makes money mainly from Personal Systems. Its FY2025 total revenue was $55,295 million ($55.3 billion), with Personal Systems the biggest disclosed revenue line at $38,532 million ($38.5 billion) and 69.7% of total revenue (computed from the 10-K FY2025). HP’s printing supplies are consumable products designed for recurring use with hardware.
What is HP Inc.’s business model?
HP Inc.’s business model is Razor and Blades and Hardware Plus Services. Sell a device or tool that brings customers back for compatible supplies, refills, or consumables. Profit can come from both the initial product and its ongoing use. HP’s printing supplies are consumable products designed for recurring use with hardware.
What is HP Inc.’s hidden model?
HP’s printing supplies are consumable products designed for recurring use with hardware.