HPQ Q4 2025

Q1 2026 Q4 2025 Q3 2025 Q2 2025

Earnings

HP Inc. Closed its fiscal fourth quarter with a modest but clean beat, reporting non-GAAP EPS of $0.93 against the $0.92 consensus estimate, a 1.09% beat, while revenue of $14.64 billion edged past the $14.54 billion forecast and rose 4.2% year over … Read more HP Inc. Closed its fiscal fourth quarter with a modest but clean beat, reporting non-GAAP EPS of $0.93 against the $0.92 consensus estimate, a 1.09% beat, while revenue of $14.64 billion edged past the $14.54 billion forecast and rose 4.2% year over year, marking the company's sixth consecutive quarter of revenue growth. The primary engine was Personal Systems, which surged 8% to $10.35 billion on the strength of a 10% jump in Consumer PS revenue, more than offsetting an ongoing 4% decline in Printing to $4.27 billion. The results, however, carried meaningful caveats: non-GAAP operating margin compressed to 8.0% from 8.8% a year ago, and analysts have flagged rising memory costs as a potential 10% drag on fiscal 2026 EPS. To address structural margin pressure, HP unveiled a sweeping restructuring plan targeting roughly $1.00 billion in gross run-rate cost savings by fiscal 2028, involving 4,000 to 6,000 job cuts. Looking ahead, HP guided full-year fiscal 2026 non-GAAP EPS of $2.90 to $3.20, with the outlook explicitly incorporating costs tied to current U.S. Trade regulations.