A maker of personal computers and printers, HP Inc. sells PCs, workstations, and printing gear to homes, offices, and graphics and 3D printing customers worldwide. The company traces back to 1939, when friends Bill Hewlett and Dave Packard started Hewlett-Packard in a Palo Alto garage—and flipped a coin to decide whose name came first. Its first product, an audio oscillator, was bought by Walt Disney for Fantasia, and in 2015 the company split, with HP Inc. keeping the PC and printer businesses.
HP Inc. reports Q3 FY2026 revenue of $15.7B, up 12.5% YoY, and raises FY26 EPS and free cash flow outlook
Third quarter GAAP diluted net EPS was $0.71, down 11.3% year over year, including a $0.11 favorable impact from tariff refunds.
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Third quarter non-GAAP diluted net EPS was $0.83, up 10.7% year over year, including a $0.11 favorable impact from tariff refunds.
Net revenue was $15.7 billion, up 12.5% year over year (up 10.9% in constant currency).
For fiscal 2026, HP raised its GAAP diluted net EPS estimate to $2.52-$2.62 and non-GAAP diluted net EPS to $3.19-$3.29, with free cash flow of $3.0-$3.2 billion.
Personal Systems net revenue was $11.8 billion (up 18% YoY), while Printing net revenue was $3.9 billion (down 2% YoY).
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
HP Inc. amends bylaws to redefine 'competitor' in director qualification provisions.
On June 24, 2026, HP Inc.'s Board of Directors adopted amendments to the company's amended and restated bylaws.
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The amendments modify the definition of 'competitor' in Section 3.3 of the bylaws to mean a company that is a principal competitor of HP, as determined by the Board.
The amended and restated bylaws are effective as of June 24, 2026.
The full text of the amended bylaws is included as Exhibit 3.1 to the Form 8-K filing.
The report was filed under Item 5.03, which covers amendments to articles of incorporation or bylaws.
5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · 9.01 Financial Statements and Exhibits
HP Inc. stockholders approve additional 73.6 million shares for 2004 Stock Incentive Plan at 2026 annual meeting.
All twelve director nominees were elected, including Chip Bergh, Bruce Broussard, Stacy Brown-Philpot, Stephanie A. Burns, Mary Anne Citrino, Richard L. Clemmer, Fama Francisco, David Meline, Judith Miscik, Gianluca Pettiti, Kim K.W. Rucker, and Songyee Yoon.
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At the April 16, 2026 annual meeting, HP stockholders approved the Fifth Amended and Restated HP Inc. 2004 Stock Incentive Plan, adding 73,600,000 shares for issuance.
Stockholders ratified Ernst & Young LLP as HP's independent registered public accounting firm for fiscal year ending October 31, 2026.
The advisory vote on named executive officer compensation was approved.
A stockholder proposal regarding an independent board chairman was not approved.
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.07 Submission of Matters to a Vote of Security Holders · 9.01 Financial Statements and Exhibits
HP Inc. reports fiscal Q1 2026 net revenue of $14.4 billion, up 6.9% year over year
First quarter GAAP diluted EPS was $0.58, down 1.7% from the prior year period.
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First quarter non-GAAP diluted EPS was $0.81, up 9.5% from the prior year period.
Personal Systems net revenue grew 11% year over year to $10.3 billion; Printing net revenue declined 2% to $4.2 billion.
For fiscal 2026, HP maintains annual guidance of GAAP diluted EPS of $2.47 to $2.77 and non-GAAP diluted EPS of $2.90 to $3.20, but expects results near the low end of the range.
First quarter free cash flow was $175 million; HP returned $0.6 billion to shareholders via repurchases and dividends.
2.02 Results of Operations and Financial Condition · 9.01 Financial Statements and Exhibits
HP CEO Enrique Lores steps down; board member Bruce Broussard named interim CEO
Enrique Lores stepped down as President and CEO and board member effective end of day February 2, 2026, to pursue an opportunity outside HP.
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Bruce Broussard, a board member since 2021, was appointed interim CEO effective February 3, 2026.
Broussard will receive monthly cash compensation of $362,500 and a one-time RSU award with a grant date value of $7,000,000, cliff-vesting on February 3, 2027.
The board formed a CEO Search Committee and retained an executive search firm to find a permanent CEO.
HP reaffirmed its Q1 and full-year fiscal 2026 outlook, including GAAP EPS of $0.58-$0.66 and $2.47-$2.77, respectively.
2.02 Results of Operations and Financial Condition · 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits
HP Inc. reports fiscal 2025 net revenue of $55.3 billion, up 3.2% year over year
Fiscal 2025 GAAP diluted EPS was $2.65, down 5.7% from the prior year; non-GAAP diluted EPS was $3.12, down 9.0%.
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Fourth quarter net revenue was $14.6 billion, up 4.2% year over year; GAAP diluted EPS was $0.84, non-GAAP diluted EPS was $0.93.
HP announced a company-wide initiative to drive AI adoption, expecting gross run rate savings of approximately $1 billion by fiscal 2028 and incurring about $650 million in restructuring charges.
The Board approved a workforce reduction of approximately 4,000-6,000 employees by the end of fiscal 2028, with about $400 million in labor costs.
HP increased its quarterly dividend to $0.30 per share, payable January 2, 2026, and provided fiscal 2026 EPS guidance of $2.47-$2.77 GAAP and $2.90-$3.20 non-GAAP.
2.02 Results of Operations and Financial Condition · 2.05 Costs Associated with Exit or Disposal Activities · 7.01 Regulation FD Disclosure · 9.01 Financial Statements and Exhibits