Item 2. Properties.

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Item 2. Properties.

As of October 31, 2025, we owned or leased approximately 16.9 million square feet of space worldwide, a summary of which is provided below.


	Fiscal year ended October 31, 2025
	Owned		Leased		Total
	(square feet in millions)
Administration and support	1.9		5.0		6.9
(Percentage)	28	%	72	%	100	%
Manufacturing, research and development facilities and warehouse operations	2.4		4.9		7.3
(Percentage)	33	%	67	%	100	%
Total(1)	4.3		9.9		14.2
(Percentage)	30	%	70	%	100	%

(1)Excludes 2.7 million square feet of vacated space, of which 1.9 million square feet is leased to third parties.

We believe that our existing properties are in good condition and are suitable for the conduct of our business. Each of our segments Personal Systems, Printing and Corporate Investments uses each of the properties at least in part, and we retain the flexibility to use each of the properties in whole or in part for each of the segments.

Headquarters

Our global headquarters, including our principal executive offices, are located at 1501 Page Mill Road, Palo Alto, California, United States. The locations of our geographic headquarters are as follows:


Americas						Europe, Middle East, Africa						Asia Pacific
Palo Alto, United States						Geneva, Switzerland						Singapore

Product Development and Manufacturing

The locations of our major product development and manufacturing facilities are as follows:


Americas						Europe, Middle East, Africa						Asia Pacific
Mexico—Tijuana United States—Boise, Corvallis, Fort Collins, Fountain Valley, Palo Alto, San Diego, Scotts Valley, Spring, Vancouver						Israel—Kiryat-Gat, Rehovot, Netanya Spain—Barcelona						China— Chongqing, Shanghai India—Bangalore Malaysia—Penang Singapore—Singapore South Korea—Pangyo Taiwan—Taipei

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