HP INC (HPQ) Earnings History

HP INC - Q1 FY2026 Earnings

Filed at: Feb 3, 2026, 5:15 PM EST|Read from source

EXECUTIVE SUMMARY

HP Inc. announced a leadership transition with the appointment of an interim CEO, while reaffirming its previously issued financial outlook for Q1 and FY2026. The company highlighted its strategic priorities and commitment to shareholder value creation amidst a dynamic environment.

POSITIVE HIGHLIGHTS

  • •

    Company reaffirms First Quarter and Fiscal 2026 Outlook.

    positive
  • •

    Interim CEO Bruce Broussard, with extensive leadership experience, appointed to drive strategic priorities.

    positive
  • •

    Management expresses confidence in current strategy and leadership team's ability to execute.

    positive

CONCERNS & RISKS

  • •

    Leadership transition: President and CEO Enrique Lores stepped down to pursue another professional opportunity.

    attention
  • •

    Q1 FY2026 GAAP diluted net EPS outlook is $0.58 to $0.66, a potential decrease from prior year's Q4 FY2025 EPS of $0.84.

    attention
  • •

    FY2026 GAAP diluted net EPS outlook is $2.47 to $2.77, which may not show significant growth compared to FY2025 net revenue growth of 3.2%.

    attention
  • •

    Outlook reflects added cost driven by current U.S. trade-related regulations.

    attention

FINANCIAL METRICS

Revenue
Quarterly
N/A
N/A
Annual (YTD)
$55.30B
N/A
Net Income
Quarterly
N/A
N/A
EPS (Diluted)
Quarterly
N/A
N/A
Operating Income
Quarterly
N/A
N/A
EPS (Basic)
Quarterly
N/A
N/A

MARGIN ANALYSIS

Margin metrics will be available once backend extracts data from insights_json

MANAGEMENT GUIDANCE

FY2026

GAAP diluted net EPS
$2.47—$2.77
Mid-point: $2.62
non-GAAP diluted net EPS
$2.90—$3.20
Mid-point: $3.05
Free Cash Flow
2,800,000,000—3,000,000,000
Mid-point: 2,900,000,000

Q1 2026

GAAP diluted net EPS
$0.58—$0.66
Mid-point: $0.62
non-GAAP diluted net EPS
$0.73—$0.81
Mid-point: $0.77

Forward-looking guidance is subject to change and does not constitute a guarantee. Actual results may differ materially from these estimates.

SPECIAL ITEMS & ADJUSTMENTS

FY2026
Restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, non-operating retirement-related credits, tax adjustments, and the related tax impact.
Exclusions from non-GAAP diluted net EPS.
$0.43 per share
Q1 2026
Restructuring and other charges, acquisition and divestiture charges, amortization of intangible assets, non-operating retirement-related credits, tax adjustments, and the related tax impact.
Exclusions from non-GAAP diluted net EPS.
$0.15 per share
Total Impact
$0.58 per share

Special items are non-recurring events that may distort period-over-period comparisons. Analysts typically adjust for these when calculating normalized earnings.

MANAGEMENT COMMENTARY

HP is shaping the next era of technology with a relentless commitment to empowering people and businesses to thrive.

— HP INC, Q1 FY2026 2026 Earnings Call

This proven team’s dedication to operational excellence has created significant momentum across the business amidst a complex environment.

— HP INC, Q1 FY2026 2026 Earnings Call

We will continue to drive our One HP platform to deliver technology that promotes growth and professional fulfillment for our customers and sustained value creation for our shareholders.

— HP INC, Q1 FY2026 2026 Earnings Call

Commentary excerpts from earnings call transcripts provide management's perspective on performance, strategy, and outlook. Always review full transcripts for complete context.