HP Inc. Raises FY2026 Outlook on Strong Q3 Revenue Growth — HP Inc.

Event summary

HP Inc. reported fiscal 2026 third-quarter net revenue of $15.7 billion, up 12.5% year-over-year.
Non-GAAP diluted net EPS was $0.83, up 10.7% from the prior year period.
HP raised its fiscal 2026 earnings per share and free cash flow outlook.
Personal Systems net revenue increased 18% year-over-year, while Printing net revenue declined 2%.
HP generated $1.6 billion of free cash flow in the third quarter.

The big picture

HP Inc.'s strong third-quarter performance highlights its ability to navigate a challenging cost environment while investing in long-term growth. The company's strategic focus on premium products and AI-driven innovations positions it well to lead in the evolving AI landscape. However, the decline in Printing net revenue and the need to manage cost pressures remain key areas to watch.

What we're watching

Revenue Diversification: How HP's focus on premium products and AI-driven innovations will impact its revenue diversification strategy.
Cost Management: Whether HP can sustain its cost management efforts amid evolving macroeconomic conditions.
Market Positioning: The pace at which HP can solidify its position as a trusted edge platform in the AI evolution.