HP INC — fact timeline

HP INC reported fiscal quarter ended April 30, 2026 results: revenue $14.4 billion, net income $0.45 billion, EPS $0.49.

“("EPS") of $0.49, up 16.7% from the prior year period • Second quarter non-GAAP diluted net EPS of $0.86, up 21.1% from the prior year period • Second quarter net revenue of $14.4 billion, up 9.0% from the prior year period • Second quarter net cash provided by operating activities of $0.9 billion, free cash flow of $0.8 billion • Second quarter returned $374”

HP INC: Amendment to Bylaws decreasing number of authorized directorships from 13 to 12 (effective 2026-02-03).

“The amendment to the Bylaws is solely to decrease the number of authorized directorships comprising the Board from 13 to 12, in connection with Mr. Lores’s departure, effective as of February 3, 2026.”

HP INC announced a restructuring with charges of approximately $650 million (approximately 4,000 – 6,000 employees).

“On November 25, 2025, the Board of Directors (the “Board”) of HP approved a plan intended to drive customer satisfaction, product innovation, and productivity through artificial intelligence adoption and enablement (the “Plan”). HP expects that the Plan will be implemented through fiscal 2028. The Plan is intended to generate estimated gross run rate savings of approximately $1 billion by the end of fiscal 2028. In connection with the Plan, HP anticipates incurring approximately $650 million in restructuring and other charges due to both labor and non-labor actions. HP estimates that approximately $550 million of this amount will be cash expenditures. Of the $650 million, HP expects to incur approximately $400 million in labor costs related to workforce reductions of approximately 4,000 – 6,000 employees by the end of fiscal 2028.”

HP INC: Amended Sections 7.1 and 7.2 of bylaws to provide that stockholders and directors shall have inspection rights under Section 220 of the DGCL, consistent with recent amendments to the DGCL (effective 2025-06-18).

“On June 18, 2025, HP’s Board of Directors adopted amendments to HP’s amended and restated bylaws (the “Bylaws”). The amendments, described below, and amended and restated Bylaws, are effective immediately. The amendments to the Bylaws amend Section 7.1 – Maintenance and Inspection of Records and Section 7.2 – Inspection of Directors, which provided, in relevant part, the rights of stockholders and directors to inspect HP’s books and records and related procedures. The amendments replace the text set forth in such sections with statements that stockholders and directors, as applicable, shall be entitled to the inspection rights provided by Section 220 of the General Corporation Law of the State of Delaware (the “DGCL”).”

Manpreet S. Grewal was appointed as Chief Accounting Officer and Global Controller at HP INC.

“On June 18, 2025, HP appointed Manpreet S. Grewal as Chief Accounting Officer and Global Controller, effective July 14, 2025.”

Stephanie Liebman resigned as Global Controller at HP INC.

“On June 18, 2025, Stephanie Liebman notified HP Inc. (“HP”) that she will be leaving HP to pursue an outside opportunity, effective September 12, 2025.”

HP INC: Decreased number of authorized directors from 15 to 13 effective at the annual meeting on April 14, 2025, due to two directors not standing for re-election (effective 2025-04-14).

“On April 1, 2025, the Board of Directors (the "Board") of HP Inc. (the "Company") adopted amendments to the Company's amended and restated bylaws (the "Bylaws"). The amendments, described below, and amended and restated Bylaws are effective April 14, 2025. The amendments to the Bylaws are solely to decrease the number of authorized directorships comprising the Board from 15 to 13 in connection with Aida Alvarez and Robert Bennett not standing for re-election at the Company's annual meeting, resulting in each stepping down from the Board effective at the annual meeting on April 14, 2025.”

HP INC announced a restructuring with charges of approximately $150 million (approximately 1,000 to 2,000 employees).

“HP anticipates incurring approximately $150 million in additional restructuring and other charges in connection with the plan amendment, due primarily to cash labor costs, for a total of approximately $1.2 billion in restructuring and other charges over the course of fiscal 2023 through fiscal 2025. HP expects incremental gross workforce reductions of approximately 1,000 to 2,000 employees”

HP INC: Increase the number of authorized directorships from 14 to 15 (effective 2025-02-21).

“The amendments to the Bylaws are solely to increase the number of authorized directorships comprising the Board from 14 to 15, in connection with the appointment to the Board of Mr. Pettiti, effective as of February 21, 2025.”

Gianluca Pettiti was elected as Director at HP INC.

“On February 21, 2025, the Board of Directors (the “Board”) of HP Inc. (the “Company”) expanded the size of the Board and elected Gianluca Pettiti to serve as a director of the Company.”

HP INC: Increased number of authorized directorships from 13 to 14 (effective 2025-02-06).

“On February 4, 2025, the Board adopted amendments to the Company’s amended and restated bylaws (the “Bylaws”). The amendments, described below, and amended and restated Bylaws are effective as of February 6, 2025. The amendments to the Bylaws are solely to increase the number of authorized directorships comprising the Board from 13 to 14, in connection with the appointment to the Board of Ms. Yoon, effective as of February 6, 2025.”

Songyee Yoon was elected as director at HP INC.

“the Board of Directors (the “Board”) of HP Inc. (the “Company”) expanded the size of the Board and elected Songyee Yoon to serve as a director of the Company, effective as of February 6, 2025.”

Anneliese Olson was appointed as President of Imaging, Printing & Solutions at HP INC.

“Anneliese Olson will succeed Mr. Tran as President of Imaging, Printing & Solutions, effective November 1, 2024.”

Tuan Tran departed as President of Imaging, Printing & Solutions at HP INC.

“In connection with his new role, Mr. Tran will step down as President of Imaging, Printing & Solutions, also effective November 1, 2024.”

Tuan Tran was appointed as President of Technology and Innovation at HP INC.

“On October 18, 2024, HP Inc.’s (the “Company”) Board of Directors appointed Tuan Tran to the role of President of Technology and Innovation, effective November 1, 2024.”

Timothy Brown changed role as interim Chief Financial Officer at HP INC.

“Timothy Brown will step down as interim Chief Financial Officer of HP Inc. (“HP”) effective upon HP’s appointment of a new Chief Financial Officer on August 5, 2024, as disclosed below.”

Karen Parkhill was appointed as Chief Financial Officer at HP INC.

“On June 25, 2024, HP appointed Karen Parkhill as its Chief Financial Officer, effective August 5, 2024”

Fama Francisco was elected as Director at HP INC.

“On June 17, 2024, the Board of Directors (the “Board”) of HP Inc. (the “Company”) expanded the size of the Board and elected Fama Francisco to serve as a director of the Company, effective as of June 17, 2024.”

HP INC: Amended bylaws to decrease the number of authorized directorships from 14 to 12 (effective 2024-04-22).

“The amendments to the Bylaws are solely to decrease the number of authorized directorships comprising the Board from 14 to 12 in connection with Shumeet Banerji and Subra Suresh not standing for re-election at the Company's annual meeting, resulting in each stepping down from the Board effective at the annual meeting on April 22, 2024.”

HP INC reported its fiscal quarter ended January 31, 2024 results: revenue $13.2 billion, EPS $0.62.

“of $0.60 to $0.70 per share • First quarter non-GAAP diluted net EPS of $0.81, within the previously provided outlook of $0.76 to $0.86 per share • First quarter net revenue of $13.2 billion, down 4.4% from the prior-year period • First quarter net cash provided by operating activities of $121 million, free cash flow of $25 million • First quarter returned $0.8”

Timothy J. Brown was appointed as interim Chief Financial Officer at HP INC.

“On December 13, 2023, HP appointed Timothy (“Tim”) J. Brown as interim Chief Financial Officer, effective January 1, 2024, to succeed Marie Myers.”

Marie Myers departed as Chief Financial Officer at HP INC.

“On December 12, 2023, Marie Myers notified HP Inc. (“HP”) that she will step down as Chief Financial Officer on December 31, 2023, and leave HP on January 12, 2024.”

Stephanie Liebman was appointed as Global Controller at HP INC.

“Ms. Liebman will now be appointed Global Controller, rather than interim Global Controller, effective December 15, 2023.”

HP INC reported fiscal quarter ended October 31, 2023 results: revenue $13.8 billion, net income $1.0 billion, EPS $0.97.

“$0.65 to $0.77 per share • Fourth quarter non-GAAP diluted net EPS of $0.90, within the previously provided outlook of $0.85 to $0.97 per share • Fourth quarter net revenue of $13.8 billion, down 6.5% from the prior-year period • Fourth quarter net cash provided by operating activities of $2.0 billion, free cash flow of $1.9 billion • Fourth quarter returned $0.3”

HP INC reported fiscal year ended October 31, 2023 results: revenue $53.7 billion, net income $3.3 billion, EPS $3.26. Guidance reaffirmed.

“of $2.95 to $3.07 per share • Fiscal 2023 non-GAAP diluted net EPS of $3.28, within the previously provided outlook of $3.23 to $3.35 per share • Fiscal 2023 net revenue of $53.7 billion, down 14.6% from the prior-year period • Fiscal 2023 net cash provided by operating activities of $3.6 billion, free cash flow of $3.1 billion • Fiscal 2023 returned $1.1 billion”

Stephanie Liebman was appointed as Global Controller at HP INC.

“On November 16, 2023, HP appointed Stephanie Liebman as interim Global Controller, effective December 15, 2023, to succeed Jon Faust.”

Jon Faust departed as Global Controller at HP INC.

“On November 13, 2023, Jon Faust notified HP Inc. (“ HP ”) that he will step down as Global Controller, effective December 15, 2023.”

David Meline was elected as Director at HP INC.

“On September 19, 2023, the Board of Directors (the “Board”) of HP Inc. (the “Company”) expanded the size of the Board and elected David Meline to serve as a director of the Company, effective as of November 1, 2023.”

HP INC reported fiscal 2023 third quarter ended July 31, 2023 results: revenue $13.2 billion, net income $0.8 billion, EPS $0.76.

“of $0.61 to $0.71 per share • Third quarter non-GAAP diluted net EPS of $0.86, within the previously provided outlook of $0.81 to $0.91 per share • Third quarter net revenue of $13.2 billion, down 9.9% from the prior-year period • Third quarter net cash provided by operating activities of $1.0 billion, free cash flow of $0.9 billion • Third quarter returned $0.3”

HP INC: Amended bylaws to, among other things, require stockholder proposals maintain ownership through the meeting date, limit nominee count, require compliance with universal proxy rules, and provide conditions for calling special meetings (effective 2023-06-21).

“On June 21, 2023, the Board of Directors (the "Board") of HP Inc. (the "Company") adopted amendments to the Company's amended and restated bylaws (the "Bylaws"). The amendments, described below, and amended and restated Bylaws are effective June 21, 2023.”

HP INC reported its fiscal quarter ended April 30, 2023 results: revenue $12.9 billion, net income $1.1 billion, EPS $1.07 per diluted share.

“$0.40 to $0.50 per share • Second quarter non-GAAP diluted net EPS of $0.80, within the previously provided outlook of $0.73 to $0.83 per share • Second quarter net revenue of $12.9 billion, down 21.7% from the prior-year period • Second quarter net cash provided by operating activities of $0.6 billion, free cash flow of $0.5 billion • Second quarter returned $0.3”

HP INC shareholders rejected Stockholder proposal regarding written consent. at the 2023-04-24 meeting.

“Proposal 5 HP’s stockholders did not approve the stockholder proposal regarding written consent as set forth below: Votes For % Votes Against Abstentions Broker Non-Votes 223,148,585 30.7 500,287,447 3,547,205 120,611,486”

HP INC shareholders approved Advisory vote on frequency of future say-on-pay votes. at the 2023-04-24 meeting.

“Proposal 4 HP’s stockholders approved, by advisory vote, a frequency of 1 Year for the frequency of future “say on pay” votes as set forth below: 1 Year % 2 Years 3 Years Abstentions 706,437,314 97.2 926,054 17,465,538 2,154,331”

HP INC shareholders approved Advisory vote to approve named executive officer compensation. at the 2023-04-24 meeting.

“Proposal 3 HP’s stockholders approved, by advisory vote, HP’s named executive officer compensation as set forth below: Votes For % Votes Against Abstentions Broker Non-Votes 690,549,109 95.0 33,990,331 2,443,797 120,611,486”

HP INC shareholders approved Ratification of appointment of Ernst & Young LLP as independent registered public accounting firm for fiscal year ending October 31, 2023. at the 2023-04-24 meeting.

“Proposal 2 HP’s stockholders ratified the appointment of Ernst & Young LLP as HP’s independent registered public accounting firm for the fiscal year ending October 31, 2023 as set forth below: Votes For % Votes Against Abstentions 797,495,197 94.1 47,927,681 2,171,845”

HP INC shareholders approved Election of thirteen directors to HP's Board of Directors. at the 2023-04-24 meeting.

“Proposal 1 HP’s stockholders elected thirteen individuals to HP’s Board of Directors for the succeeding year or until their successors are duly qualified and elected as set forth below: Name Votes For % Votes Against Abstentions Broker Non-Votes Aida M. Alvarez 716,060,259 98.7 9,582,622 1,340,356 120,611,486 Shumeet Banerji 698,785,739 96.3 26,777,863 1,419,635 120,611,486 Robert R. Bennett 719,690,816 99.2 5,859,756 1,432,665 120,611,486 Charles V. Bergh 700,542,875 96.8 23,323,003 3,117,359 120,611,486 Bruce Broussard 718,712,837 99.1 6,841,998 1,428,402 120,611,486 Stacy Brown-Philpot 704,777,687 97.1 20,873,190 1,332,360 120,611,486 Stephanie A. Burns 719,874,171 99.2 5,784,282 1,324,784 120,611,486 Mary Anne Citrino 719,183,405 99.1 6,474,820 1,325,012 120,611,486 Richard Clemmer 720,703,557 99.3 4,831,377 1,448,303 120,611,486 Enrique Lores 723,076,123 99.7 2,532,830 1,374,284 120,611,486 Judith Miscik 717,845,517 98.9 7,766,647 1,371,073 120,611,486 Kim K.W. Rucker 715,749,085”

HP INC reported fiscal 2023 first quarter ended January 31, 2023 results: revenue $13.8 billion, net income $0.5 billion, EPS $0.49.

“HP Inc. Reports Fiscal 2023 First Quarter Results PALO ALTO, Calif., Feb. 28, 2023 – (GLOBE NEWSWIRE) – HP (NYSE: HPQ) ● First quarter GAAP diluted net earnings per share ("EPS") of $0.49, within the previously provided outlook of $0.47 to $0.57 per share ● First quarter non-GAAP diluted net EPS of $0.75, within the previously provided outlook of $0.70 to $0.80 per share ● First quarter net revenue of $13.8 billion, down 18.8% from the prior-year period”

HP INC reported financial results for fiscal quarter ended April 30, 2022.

“On May 31, 2022, HP Inc. issued a news release relating to the results of operations for its fiscal quarter ended April 30, 2022.”

HP INC reported the fiscal quarter ended October 31, 2022 results: revenue $14.8 billion, net income $ —, EPS negligible.

“• Fourth quarter GAAP diluted net EPS was negligible, below the previously provided outlook of $0.44 to $0.54 per share, due to one-time non-cash tax adjustments • Fourth quarter non-GAAP diluted net EPS of $0.85, within the previously provided outlook of $0.79 to $0.89 per share • Fourth quarter net revenue of $14.8 billion, down 11.2% from the prior-year period”

HP INC reported the fiscal year ended October 31, 2022 results: revenue $63.0 billion, net income $ 3.2, EPS $3.05.

“• Fiscal 2022 GAAP diluted net earnings per share ("EPS") of $3.05, below the previously provided outlook of $3.46 to $3.56 per share • Fiscal 2022 non-GAAP diluted net EPS of $4.08, within the previously provided outlook of $4.02 to $4.12 per share • Fiscal 2022 net revenue of $63.0 billion, down 0.8% from the prior-year period”

HP INC announced a restructuring with charges of approximately $1.0 billion (approximately 4,000 – 6,000 employees).

“HP anticipates incurring approximately $1.0 billion in restructuring and other charges due to both labor and non-labor actions, approximately $0.8 billion of which is expected to be cash expenditures. Of the $1.0 billion, HP expects to incur approximately $0.7 billion in labor costs related to workforce reductions of approximately 4,000 – 6,000 employees by the end of fiscal 2025.”

Jon Faust was appointed as Global Controller at HP INC.

“On April 11, 2022, HP appointed Jon Faust as Global Controller, effective April 15, 2022, to succeed Barb Barton Weiszhaar.”

Barb Barton Weiszhaar departed as acting Global Controller at HP INC.

“Barb Barton Weiszhaar will step down as HP Inc.’s (“ HP ”) acting Global Controller, effective April 15, 2022.”

Christoph Schell departed as Chief Commercial Officer at HP INC.

“On February 14, 2022, Christoph Schell notified HP Inc. (" HP ") that he will step down as HP’s Chief Commercial Officer, effective February 18, 2022, and that he will leave HP on March 11, 2022, for an outside role.”

Kim K.W. Rucker was elected as director at HP INC.

“On November 16, 2021, the Board of Directors (the “Board”) of HP Inc. (the “Company”) expanded the size of the Board and elected Kim K.W. Rucker to serve as a director of the Company, effective immediately.”