โ
๐ ๐๐๐ฌ๐ฎ๐ฅ๐ญ๐ฌ
โข Adj. EPS: $0.83 (Est. $0.69) โ
โข Revenue: $15.7B (Est. $14.39B) โ
โข Adj. Operating Margin: 6.5%.
โข Free Cash Flow: $1.57B, +7% YoY.
โข Personal Systems Revenue: $11.8B, +18% YoY.
โข Printing Revenue: $3.9B, -2% YoY.
โ
๐ฏ ๐๐ฎ๐ข๐๐๐ง๐๐
โข Q4 FY2026 Adj. EPS: $0.69โ$0.79 (Est. $0.67) โ
โข FY2026 Adj. EPS: $3.19โ$3.29 (Est. $3.03) โ , raised.
โข FY2026 Free Cash Flow: $3.0Bโ$3.2B, raised.
โข Q4 GAAP EPS: $0.74โ$0.84.
โข FY2026 GAAP EPS: $2.52โ$2.62, raised.
โ
๐ ๐๐๐ฒ ๐๐๐ค๐๐๐ฐ๐๐ฒ๐ฌ
โข Revenue increased 12.5% YoY to a record Q3 level, while Adj. EPS rose 11% and exceeded both consensus and prior guidance.
โข Personal Systems remained the key growth driver, with revenue up 18% YoY and Commercial PS revenue up 22%.
โข Free cash flow reached $1.57B, while HP returned roughly $600M to shareholders through dividends and buybacks.
โข HP raised its FY2026 Adj. EPS and free cash flow outlook after three consecutive solid quarters.
โข Both Q3 results and the updated outlook include favorable tariff refund impacts, with Q3 Adj. EPS benefiting by $0.11.
โ
๐ฌ ๐๐๐ง๐๐ ๐๐ฆ๐๐ง๐ญ ๐๐จ๐ฆ๐ฆ๐๐ง๐ญ๐๐ซ๐ฒ
โWe delivered another strong quarter, with record third quarter revenue, EPS above the top of our guidance range, and are raising our guidance for FY26.โ