HIGHOutside partySupplier
Canon laser engines
“10-K Item 1A: 'we rely on Canon for certain laser printer engines and laser toner cartridges'”
HPQ · Concentration risk · 10-K extracted
HP (HPQ) concentration risks
Updated
The most significant concentration HP discloses is Canon laser engines, classified HIGH by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
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Source: HP’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH1
MEDIUM1
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partySupplier
Intel, AMD, and NVIDIA processors
“10-K Item 1A: 'We also rely on Intel, AMD, and NVIDIA, or other suppliers to provide us with a sufficient supply of processors for the majority of our PCs and workstations'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration profile is defined entirely by supply-chain dependencies: two named supplier relationships that underpin distinct product categories. The more consequential is a high-share reliance on Canon for certain laser printer engines and laser toner cartridges. Laser printing is a significant revenue and profit contributor for the company, and the supply of the core print engine from a single named external partner creates a dependency where Canon's production capacity, pricing decisions, and willingness to continue the relationship directly affect the company's ability to source, manufacture, and price its laser printing products. The second exposure is moderate in size: reliance on Intel, AMD, NVIDIA, and other suppliers for processors in the majority of PCs and workstations. While multiple named suppliers are referenced, the filing's framing indicates reliance on this group for the majority of processor supply in personal computing products, creating a dependency on a small set of semiconductor manufacturers whose capacity, allocation decisions, and pricing have historically been consequential for PC industry dynamics. There is no disclosed customer concentration, geographic revenue concentration, or product-line revenue concentration in the filing. The profile is therefore entirely a supply-side picture: two supplier dependency exposures, one of which is a single named counterparty in a core product category, and one of which involves a small set of named semiconductor suppliers for personal computing. The Canon relationship is the more acute of the two given the named-sole-source character, and monitoring that supply arrangement is the primary risk management consideration in this profile.
For the engine’s reasoning on HPQ’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Computer Hardware
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| PSTG | Everpure, Inc. | 1 | 2 | 0 | 3 |
| HPQ● | HP Inc. | 1 | 1 | 0 | 2 |
| ANET | Arista Networks, Inc. | 0 | 2 | 1 | 3 |
| LOGI | Logitech International S.A. - R | 0 | 1 | 3 | 4 |
| IONQ | IonQ, Inc. | 0 | 1 | 0 | 1 |
| DELL | Dell Technologies Inc. | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.