# Who are HP Inc.'s customers? Who does HP Inc. earn revenue from?
Canonical: https://valuechain.wiki/hp · Facet: customers · Updated: 2026-09-24T03:12:42.846049+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: HP Inc. discloses no named confirmed revenue counterparties; 2 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 2 revenue edges, backed by 3 dated sources, 3 of them primary filings (as of 2026-09-24).

### PC Connection (high)
- metric: Market share 13 percent · FY2025 · HP-manufactured products as a share of PC Connection total product purchases
- note: PC Connection is an IT reseller with material exposure to HP products. Its Form 10-K states that HP products were 13% of 2025 product purchases and that a disruption could materially affect results and cash flow.
- [confirms] SEC EDGAR (EN, filing, published 2026-02-24) https://www.sec.gov/Archives/edgar/data/1050377/000110465926019108/cnxn-20251231x10k.htm: "Products manufactured by Microsoft Corporation, HP Inc., and Dell Inc. represented approximately 16%, 13%, and 12%, respectively."

### TD SYNNEX (high)
- metric: Revenue share 12 percent · FY2025 · TD SYNNEX share of HP net revenue
- note: TD SYNNEX is HP's largest disclosed customer and a core distribution channel. The companies' respective fiscal 2025 Form 10-K filings confirm the relationship and its concentration from both sides.
- [confirms] SEC EDGAR (EN, filing, published 2026-01-27) https://www.sec.gov/Archives/edgar/data/1177394/000162828026003598/snx-20251130.htm: "Sales from HP, Inc. comprised approximately 10% of our total revenue for fiscal year 2025."
- [confirms] SEC EDGAR (EN, filing, published 2025-12-10) https://www.sec.gov/Archives/edgar/data/47217/000004721725000071/hpq-20251031.htm: "One customer, TD Synnex Corp, accounted for 12% of HP's net revenue for fiscal year 2025."

Reverse side: https://valuechain.wiki/hp/suppliers.md · Ripple: https://valuechain.wiki/hp/ripple.md

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