HP (HPQ) Company Report

HP Inc. appoints Bruce Broussard, a board member since 2021, as Interim CEO effective immediately, succeeding Enrique Lores who steps down after 36 years.
Board forms a CEO Search Committee and retains a leading global executive search firm to find a permanent CEO.
Reaffirms GAAP EPS guidance at $0.58–0.66 for Q1 2026 and $2.47–2.77 for FY 2026; non-GAAP EPS at $0.73–0.81 Q1 and $2.90–3.20 FY; expects free cash flow of $2.8–$3.0 billion for FY 2026.

1 day ago

8-K

HPQ Silicon increases stake in Novacium SAS

HPQ

New Projects/Investments

HPQ Silicon raised its ownership in Novacium SAS from 28.4% to 36.8%, acquiring an additional 8.4% stake by issuing 22,407,916 common shares at C$0.18 per share (total consideration C$4,033,425).
The transaction preserves Novacium’s implied enterprise valuation at €30 million, unchanged since HPQ’s prior investment in February 2025.
The increased stake enhances HPQ’s participation in international revenues and royalty flows, improves alignment on intellectual-property stewardship, and maintains a capital-efficient exposure to Novacium’s commercialization roadmap.
Management views the larger equity position as a means to improve strategic flexibility for future partnerships or selective monetization, while reducing execution risk through closer alignment with Novacium’s leadership.

1 day ago

Press Release

PyroGenesis confirms independent verification of 150 m²/g fumed silica

HPQ

Product Launch

New Projects/Investments

A potential customer independently verified that Test #7 of the fumed silica reactor produced fumed silica with a specific surface area of ~150 m²/g and required viscosity for commercial use
Two unrelated independent entities confirmed the pilot-scale reactor runs replicate lab-scale results for both viscosity and surface area benchmarks
Reactor modifications have progressively increased surface area from 26 m²/g to 191 m²/g, targeting higher commercial product grades
PyroGenesis holds a 50% interest in Polvere and has an exclusive arrangement to supply equipment for full-scale commercialization of the process

1 day ago

Press Release

HP Inc appoints interim CEO and reaffirms FY26 outlook

HPQ

Management Change

Guidance Update

Bruce Broussard named Interim CEO, effective immediately, succeeding Enrique Lores
Enrique Lores steps down after 36 years at HP, including seven years as CEO
Board forms CEO Search Committee and retains a leading executive search firm to identify the next CEO
Company reaffirms Q1 GAAP EPS of $0.58–$0.66, non-GAAP $0.73–$0.81, and FY26 GAAP EPS $2.47–$2.77, non-GAAP $2.90–$3.20, with free cash flow of $2.8–$3.0 billion

1 day ago

Press Release

HPQ Silicon confirms pilot-scale fumed silica meets commercial grade 150

HPQ

New Projects/Investments

Product Launch

Independent testing verified that material from Test #7 of HPQ’s pilot-scale fumed silica reactor achieved a specific surface area of ~150 m²/g and ~10% higher viscosity than the typical grade 150 benchmark.
The pilot plant fully replicated lab-scale results, demonstrating HPQ Silica Polvere’s plasma-based process can produce commercial-grade hydrophilic fumed silica from quartz without chemicals or hazardous by-products.
HPQ and partner PyroGenesis will optimize the process toward continuous operation and target a 200 m²/g (grade 200) material, enabling larger-batch production for potential industrial partners under NDAs.
The global fumed-silica market is projected to exceed US$ 2.57 billion by 2034, positioning HPQ’s sustainable, chemical-free route as a potential new entrant in a sector long dominated by chemical giants.

5 days ago

Press Release

HPQ Silicon outlines 2025 strategic focus and commercialization milestones

HPQ

New Projects/Investments

Product Launch

Strategic realignment toward commercializing the Fumed Silica Reactor and silicon-based anode materials with Novacium SAS
Achieved pilot-scale production and industrial validation of the Fumed Silica Reactor, confirming morphological equivalence and scale potential
Launched the ENDURA+ battery platform featuring GEN3 silicon anodes; secured CA$3 million from Natural Resources Canada for a 50 tpa continuous production system
Concluded the Quartz Reduction Reactor silicon metal program to reallocate capital toward faster revenue-generating initiatives
Positioned to advance validated technologies into commercial scale-up in 2026, focusing on execution and long-term value creation

Dec 31, 2025, 12:30 PM

Press Release

HPQ Silicon secures UN 38.3 certification for ENDURA+ cells

HPQ

Product Launch

New Projects/Investments

HPQ Silicon has obtained UN 38.3 certification for its HPQ ENDURA+ 18650 (4,000 mAh) and 21700 (6,000 mAh) lithium-ion cells, enabling compliant global shipping and marking its move into industrial-scale supply.
The ENDURA+ cells successfully passed all eight mandatory UN 38.3 tests—altitude simulation, thermal cycling, vibration, shock, external short circuit, crush/impact, overcharge, and forced internal short—validating their safety under rigorous conditions.
This certification supports HPQ’s industrial strategy to scale production to up to 1.5 million cells per year with partner Novacium SAS; the company is now pursuing UL 1642 certification for U.S. market entry.
The cells feature >300 Wh/kg energy density and achieve ~1,000 charge–discharge cycles, positioning HPQ for growth in advanced energy storage markets.

Dec 16, 2025, 12:00 PM

Press Release

HPQ Silicon closes $1.00 M non-brokered private placement

HPQ

New Projects/Investments

HPQ Silicon closed a non-brokered private placement of 6,170,442 common shares at $0.1625 per share, raising $1,002,696.83 in gross proceeds.
The placement includes 333,303 warrants issued to CI Investment Services Inc., each exercisable at $0.18 per share for 48 months.
Insider Bernard Tourillon subscribed for 615,384 shares ($99,999.90) and now beneficially owns 22,796,794 shares (approximately 5.29% of outstanding).
Net proceeds will advance commercialization of the Fumed Silica Reactor, HPQ ENDURA+ cells, and the METAGENE hydrogen production platform.

Dec 15, 2025, 9:00 PM

Press Release

HP: US PC Shipments Decline in Q3 2025

HPQ

Demand Weakening

Omdia reports US PC shipments for Q3 2025 totaled 17.7 million units, down 1% YoY, marking the second consecutive quarter of decline.
Consumer segment shipments grew 8% YoY to 7.6 million units, while the education and government segment fell 23%; commercial shipments were broadly flat, down less than 1%.
HP led the market with 4.326 million units shipped and a 24.4% market share, down 0.2% YoY, while Apple achieved double-digit growth with 3.175 million units (17.9% share, +12.4% YoY).
Omdia forecasts US PC market shipments to grow 4% in 2025, driven by consumer demand despite ongoing economic headwinds.

Dec 10, 2025, 1:05 AM

Press Release

HP Inc. highlights FY25 performance and FY26 outlook

HPQ

Guidance Update

Dividends

Share Buyback

FY25 revenue grew 4% company-wide and 8% in personal systems, with $2.9 billion free cash flow and $1.9 billion returned to shareholders, plus a 10th consecutive dividend increase
Closed the three-year Future Ready cost program, delivering $2.2 billion in annualized run-rate savings, exceeding the original $1.4 billion commitment
FY26 guidance includes a $0.30 EPS memory cost headwind in H2 (≈90 bp personal systems margin impact) and projects $2.8–3.0 billion in free cash flow
AI-capable PCs represent ~30% of shipments, expected to reach 40–50% in FY26 and >70% by FY28, supporting richer configurations and pricing
Print segment achieved its 9th consecutive quarter of industrial print growth to $1.8 billion, and surpassed 1 million subscribers on all-in subscriptions, despite softness in office and consumer markets