HP (HPQ) risk factors: FY2025 10-K

Item 1A of the 10-K for the period ending 2025-10-31, filed 2025-12-10. 31 risk factor headings as filed. Read Item 1A in full · The whole 10-K · What changed since FY2024

0new since FY2024
2reworded
1removed
29unchanged

Headings mentioning a theme: Tariffs 0 · AI 1 · Cybersecurity 1 · China 0 · Interest rates 0. Compare across the S&P 500.

STRATEGIC AND OPERATIONAL RISKS

17
  1. If we cannot successfully execute our strategy and continue to develop, manufacture and market innovative products, services and solutions, our business and financial performance may suffer.
  2. We expect the proliferation of AI to have a significant impact on our industry and the markets in which we compete, and the development and use of AI presents competitive, reputational, and liability risks.AI
  3. We are heavily dependent on third-party suppliers and supply chain issues have adversely affected, and could adversely affect in the future, our financial results.
  4. Our business and financial performance could suffer if we do not manage the risks associated with our services businesses properly.
  5. We operate in an intensely competitive industry and competitive pressures could harm our business and financial performance.
  6. If we cannot continue to produce high-quality and secure products and services, our reputation, business and financial performance may suffer.
  7. Third-party claims of IP infringement are commonplace in our industry and may limit or disrupt our ability to sell our products and services.
  8. Our operating results have historically varied and may not be indicative of future results.
  9. If we fail to manage the distribution of our products and services properly, our business and financial performance could suffer.
  10. Our uneven sales cycle makes planning and inventory management difficult and future financial results less predictable.
  11. In order to be successful, we must attract, retain, train, motivate, develop and transition key employees, and failure to do so could seriously harm us.
  12. Our financial performance may suffer if we cannot develop, obtain, license or enforce the intellectual property rights on which our businesses depend.
  13. System security risks, data protection breaches, cyberattacks, system outages and systems integration issues could disrupt our internal operations or services provided to customers, and could reduce our revenue, increase our expenses, damage our reputation and adversely affect our cash flows and stock price.Cybersecurity
  14. We may not achieve some or all of the expected benefits of our restructuring and other plans and such plans may adversely affect our business.reworded
  15. We may not be able to execute acquisitions, divestitures and other significant transactions successfully and we may have difficulty or fail to successfully integrate acquired companies.
  16. Our aspirations and disclosures related to environmental and societal matters expose us to risks that could adversely affect our reputation and performance.reworded
  17. Some anti-takeover provisions contained in our certificate of incorporation and bylaws, as well as provisions of Delaware law, could impair a takeover attempt.

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MACROECONOMIC, INDUSTRY AND FINANCIAL RISKS

10
  1. Due to the international nature of our business, geopolitical or economic changes or events, uncertainty or other factors could harm our business and financial performance.
  2. Economic weakness and uncertainty is expected to continue to adversely affect demand for our products and services and, as a result, our business and financial performance.
  3. We are exposed to fluctuations in currency exchange rates, which could adversely impact our results.
  4. Business disruption events could seriously harm our future revenue, cash flows and financial condition and increase our costs and expenses.
  5. Climate change and associated regulatory and market impacts may have an adverse effect on our business.
  6. Failure to maintain our credit ratings could adversely affect our liquidity, capital position, borrowing costs and access to capital markets, as well as our subscription based and other offerings.
  7. Our debt obligations could adversely affect our business and financial condition.
  8. The amount and frequency of our share repurchases and dividends are affected by a number of factors and may fluctuate.
  9. We make estimates and assumptions in connection with the preparation of our financial statements, and any changes to those estimates and assumptions could adversely affect our results of operations, cash flows and financial condition.
  10. Ineffective internal controls could impact our business and operating results.

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LEGAL AND REGULATORY RISKS

4
  1. Our business is subject to various federal, state, local and foreign laws and regulations that could adversely affect our business and results of operations and cash flows.
  2. We are subject to risks associated with litigation and regulatory proceedings.
  3. Failure to comply with our customer and partner contracts or government contracting regulations could adversely affect our business and financial performance.
  4. Changes in our tax provisions, adverse tax audits, the adoption of new tax legislation, or exposure to additional tax liabilities could have a material impact on our financial performance.

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No longer in Item 1A

1

Headings in the FY2024 10-K with no match this year.

  1. We have identified a material weakness in our internal control over financial reporting that could, if not remediated, result in material misstatements in our financial statements and cause us to fail to meet our reporting and financial obligations.

Headings are the lines of Item 1A set wholly in bold or italics, as the parser reads them, without the introductory paragraph that opens the section. A heading is new when no heading in the prior 10-K matches it after ignoring case and punctuation, and reworded when it shares at least 60 percent of its words with one that went away. Source: the filing on sec.gov.