HP reported Q1 FY26 net revenue of USD 14.4 billion, up 6.9%. GAAP diluted EPS was USD 0.58 and non-GAAP diluted EPS was USD 0.81. Free cash flow was USD 175 million, and HP returned USD 0.6 billion to shareholders via share repurchases and dividends. By segment, Personal Systems revenue was USD 10.3 billion (up 11.1%) with non-GAAP operating profit of USD 511 million (5.0% of revenue), while Printing revenue was USD 4.2 billion (down 2.2%) with non-GAAP operating profit of USD 765 million (18.3% of revenue). HP said Personal Systems growth was driven by a continued Windows 11 refresh, growth in AI PCs and strength in Consumer, while Printing was pressured by lower supplies volumes and market-driven hardware declines, partly offset by growth in Consumer Subscriptions, Industrial Print and 3D. HP also highlighted an expanded partnership with Microsoft to embed Microsoft 365 Copilot into HP printers. For Q2 FY26, HP guided GAAP diluted EPS of USD 0.52 to USD 0.58 and non-GAAP diluted EPS of USD 0.70 to USD 0.76; for FY26, it guided GAAP diluted EPS of USD 2.47 to USD 2.77, non-GAAP diluted EPS of USD 2.90 to USD 3.20, and free cash flow of USD 2.8 billion to USD 3.0 billion.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. HP Inc. published the original content used to generate this news brief on February 24, 2026, and is solely responsible for the information contained therein.