HP Inc Q2 2026: Revenue $14.41B, EPS $0.49 - 10-Q Summary
HP Inc Q2 2026 Financial Results
HP Inc reported second-quarter fiscal 2026 results with revenue of $14.41B, net income of $450M and diluted EPS of $0.49, compared to $13.22B, $406M and $0.42 in the year-ago quarter.
Financial Highlights
Revenue grew 9% year-over-year, net income increased 10.8%, and diluted EPS rose 16.7%. Growth was driven by Personal Systems pricing and higher average selling prices despite rising commodity costs.
Business Highlights
International markets saw double-digit growth (approximately 12-14%) while U.S. revenue was slightly down. A Windows OS refresh supported PC demand. The company emphasized momentum in AI PCs, workstations, and subscription services including Device-as-a-Service and Instant Ink/All-In. Services revenue and gross margins improved, while Printing faced softer demand and unit declines.
Strategic Initiatives
Management launched a fiscal 2026 plan to scale AI across the supply chain and channels, and is pursuing headcount reductions and cost savings actions.
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