Introduction: Delivering Growth in a Dynamic Environment HP Inc. delivered a strong performance in Fiscal Year 2025, successfully navigating a dynamic and challenging external landscape. The successful execution of our " Future of Work " strategy propelled the company to its sixth consecutive quarter of revenue growth, demonstrating both the strength of our portfolio and the resilience of our team. Throughout the year, we responded with agility to a challenging trade environment, driving sequential profit improvement in the second half of the year while investing in supply chain resilience to mitigate future risks. This briefing provides our stakeholders with a comprehensive review of our solid FY25 results, a detailed look at the strategic initiatives driving our momentum, and a clear-eyed view of our plans and outlook for Fiscal Year 2026. We are accelerating innovation, particularly in AI-powered devices , to enhance productivity, security, and flexibility for our custom...