This is a paid press release. Contact the press release distributor directly with any enquiries.
HP Inc. Reports Fiscal 2026 Third Quarter Results
PALO ALTO, Calif., Aug. 26, 2026 (GLOBE NEWSWIRE) — HP (NYSE: HPQ)
-
Raising fiscal year 2026 earnings per share (“EPS”) and free cash flow outlook
-
Third quarter GAAP diluted net EPS of $0.71, inclusive of an $0.11 favorable impact from tariff refunds, and down 11.3% year over year due in part to one-time tax and litigation benefits in the prior year period
-
Third quarter non-GAAP diluted net EPS of $0.83, inclusive of an $0.11 favorable impact from tariff refunds, and up 10.7% from the prior year period
-
Third quarter net revenue of $15.7 billion, up 12.5% from the prior year period
-
Third quarter net cash provided by operating activities of $1.7 billion, free cash flow of $1.6 billion
-
Third quarter returned $0.6 billion to shareholders in the form of share repurchases and dividends
|
HP Inc.’s fiscal 2026 third quarter financial performance |
||||||
|
Net cash provided by operating activities ($B) |
||||||
Notes to table
Information about HP Inc.’s use of non-GAAP financial information is provided under “Use of non-GAAP financial information” below.
Net revenue and EPS results
HP Inc. and its subsidiaries (“HP”) announced fiscal 2026 third quarter net revenue of $15.7 billion, up 12.5% (up 10.9% in constant currency) from the prior-year period.
“In the third quarter we increased both total sales and share in premium products and continued to attract new customers with innovations in WXP, Print, workstations and AI PCs. Our ongoing strategy to address environmental constraints led to meaningful improvements in memory supply and higher fulfillment rates,” said Bruce Broussard, Interim CEO, HP Inc. “The strong foundation we are building as a trusted edge platform positions us well to lead as AI evolves and allows us to help customers improve their AI economics, security, latency and governance.”
“We delivered another strong quarter, with record third quarter revenue, EPS above the top of our guidance range, and are raising our guidance for FY26,” said Karen Parkhill, CFO, HP Inc. “With three solid quarters behind us, we’ve demonstrated our ability to navigate through a challenging cost environment and are building on that momentum to further mitigate near-term cost pressures while continuing to invest for long-term profitable growth.”
