HP INC Goodwill & Intangibles Disclosure
| Personal Systems | Printing | Corporate Investments | Total | ||||||||||||||||||||
| In millions | |||||||||||||||||||||||
Balance as of October 31, 2023(1) | $ | 4,722 | $ | 3,751 | $ | 118 | $ | 8,591 | |||||||||||||||
Acquisitions | 26 | 2 | — | 28 | |||||||||||||||||||
Foreign currency translation and other | — | 8 | — | 8 | |||||||||||||||||||
Balance as of October 31, 2024(1) | 4,748 | 3,761 | 118 | 8,627 | |||||||||||||||||||
Acquisitions | — | — | 79 | 79 | |||||||||||||||||||
Foreign currency translation and other | (24) | 24 | — | — | |||||||||||||||||||
Balance as of October 31, 2025(1) | $ | 4,724 | $ | 3,785 | $ | 197 | $ | 8,706 | |||||||||||||||
| As of October 31, 2025 | As of October 31, 2024 | ||||||||||||||||||||||||||||||||||
Gross(1) | Accumulated Amortization(1) | Net | Gross(1) | Accumulated Amortization(1) | Net | ||||||||||||||||||||||||||||||
| In millions | |||||||||||||||||||||||||||||||||||
| Customer contracts, customer lists and distribution agreements | $ | 726 | $ | 428 | $ | 298 | $ | 783 | $ | 372 | $ | 411 | |||||||||||||||||||||||
| Technology and patents | 1,625 | 1,004 | 621 | 1,666 | 884 | 782 | |||||||||||||||||||||||||||||
| Trade name and trademarks | 219 | 126 | 93 | 218 | 92 | 126 | |||||||||||||||||||||||||||||
| Total intangible assets | $ | 2,570 | $ | 1,558 | $ | 1,012 | $ | 2,667 | $ | 1,348 | $ | 1,319 | |||||||||||||||||||||||
| Fiscal year | In millions | ||||
| 2026 | $ | 225 | |||
| 2027 | 220 | ||||
| 2028 | 175 | ||||
| 2029 | 125 | ||||
| 2030 | 98 | ||||
| Thereafter | 169 | ||||
| Total | $ | 1,012 | |||
Want the next HP INC goodwill & intangibles disclosure the moment it drops?
Set a Sentinel and we'll alert you the moment HP INC's next filing hits EDGAR. No credit card, your email never gets sold.
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Dec 10, 2025 | Showing above |
| 2024 | Dec 13, 2024 | |
| 2023 | Dec 18, 2023 | |
| 2022 | Dec 6, 2022 | |
About Goodwill & Intangibles Disclosures
Goodwill and intangible asset disclosures reveal the premium paid in acquisitions and how management assesses whether that premium retains its value. Since goodwill is no longer amortized under US GAAP, the annual impairment test is the only mechanism that adjusts carrying values downward — making the assumptions behind that test critically important for investors.
Key signals: a history of goodwill impairments suggests management consistently overpays for acquisitions. Watch the gap between reporting unit fair value and carrying amount — when fair value exceeds carrying amount by less than 10-20%, a small decline in business performance could trigger a write-down. For finite-lived intangibles, examine useful life assumptions across customer relationships, technology, and trade names; aggressive estimates inflate near-term earnings. Compare total intangibles-to-total-assets ratios against peers to assess acquisition dependency. Rising goodwill as a percentage of equity can signal balance sheet fragility.