Skip to content
AnalystLens

HP 8-K Report, Financial Results (May 27, 2026)

Reports
Earnings & Results·Exhibits & Filings
Filing Date
Filed May 27, 2026
Period End
May 27, 2026
Security
HPQ
In the record · 2016–202610-K1310-Q338-K140

HPQ filed 13 annual reports (10-K), 33 quarterly reports (10-Q) and 140 current reports (8-K) between 2016 and 2026.

  1. Restructuring8-K · Oct ’16Oct ’16
  2. Restructuring8-K · Oct ’19Oct ’19
  3. Leadership change8-K · Sep ’21Sep ’21
  4. Leadership change8-K · Jun ’25Jun ’25

01—Abstract

Summary

Summary of the 8-K filed May 27, 2026. Cited figures are marked; the original filing is the authoritative source.

HP Inc. reported fiscal 2026 second-quarter results for the quarter ended April 30, 2026, in a news release furnished as Exhibit 99.1.

Net revenue was $14.4 billiona, up 9.0% from the prior-year period (up 6.3% in constant currency). GAAP diluted net EPS was $0.49, up 16.7% and below the previously provided outlook of $0.52 to $0.58. Non-GAAP diluted net EPS was $0.86, up 21.1% and above the previously provided outlook of $0.70 to $0.76.

Net cash provided by operating activities was $0.9 billionb and free cash flow was $0.8 billion. Personal Systems net revenue rose 13% to $10.2 billion with a 5.2% operating margin, while Printing was flat at $4.2 billion with an 18.3% operating margin. HP updated its outlook.

For the fiscal 2026 third quarter, it expects GAAP diluted net EPS of $0.47 to $0.63c and non-GAAP diluted net EPS of $0.61 to $0.71. For full fiscal 2026, it updated GAAP diluted net EPS to $2.15 to $2.45 and non-GAAP diluted net EPS to $2.90 to $3.10, and it anticipates free cash flow of $2.8 to $3.0 billion. The release is signed by Bruce Broussard, Interim CEO, and quotes CFO Karen Parkhill, who said the company is "strengthening our outlook for the fiscal year." On the balance sheet, HP ended the quarter with $3.7 billion in gross cash and a stockholders' deficit of $144 million.

It paid a $0.30d per-share dividend totaling $274 million and repurchased about 5.2 million shares for $100 million. Accounts payable of $19.2 billion, up 10 days quarter over quarter to 151 days, contributed to operating cash flow, while accounts receivable and inventory both rose.

02—Key points

Key Highlights

  1. Net revenue of $14.4 billion, up 9.0% year over year (up 6.3% in constant currency).
  2. GAAP diluted net EPS of $0.49, up 16.7% and below the prior outlook of $0.52 to $0.58; non-GAAP diluted net EPS of $0.86, up 21.1% and above the prior outlook of $0.70 to $0.76.
  3. Personal Systems net revenue of $10.2 billion, up 13%, with a 5.2% operating margin; total PS units were down 7%.
  4. Printing net revenue of $4.2 billion, flat year over year, with an 18.3% operating margin; supplies revenue rose 1%.
  5. Net cash from operations of $0.9 billion and free cash flow of $0.8 billion; $374 million returned to shareholders via dividends and share repurchases.
  6. Fiscal 2026 outlook updated: GAAP diluted EPS of $2.15 to $2.45, non-GAAP diluted EPS of $2.90 to $3.10, and free cash flow of $2.8 to $3.0 billion.
  7. Third-quarter fiscal 2026 guidance: GAAP diluted EPS of $0.47 to $0.63 and non-GAAP diluted EPS of $0.61 to $0.71.

03—Questions

Frequently Asked Questions

  1. How did HP perform against its own prior guidance this quarter?

    GAAP diluted net EPS of $0.49 came in below the previously provided outlook of $0.52 to $0.58, while non-GAAP diluted net EPS of $0.86 came in above the previously provided outlook of $0.70 to $0.76.

  2. What changed in HP's full-year fiscal 2026 outlook?

    HP updated its estimate of GAAP diluted net EPS to $2.15 to $2.45 and non-GAAP diluted net EPS to $2.90 to $3.10. It anticipates free cash flow of $2.8 to $3.0 billion for fiscal 2026. The CFO said the company is strengthening its outlook to reflect the strong second quarter.

  3. Which segments drove revenue growth in the quarter?

    Personal Systems net revenue was $10.2 billion, up 13% (up 10% in constant currency), with Commercial PS up 14% and Consumer PS up 10%. Printing net revenue was $4.2 billion, flat year over year, with Commercial Printing flat and Consumer Printing down 10%.

  4. How much cash did HP generate and return to shareholders?

    HP generated net cash from operations of $0.9 billion and free cash flow of $0.8 billion. It returned $374 million to shareholders, including a $274 million dividend payment of $0.30 per share and $100 million used to repurchase about 5.2 million shares. It ended the quarter with $3.7 billion in gross cash.

  5. Who is leading HP, and what did management say about the quarter?

    Bruce Broussard is Interim CEO and Karen Parkhill is CFO. Broussard cited continued execution of the future of work strategy while navigating rising commodity costs. Parkhill said the company delivered strong second-quarter results with 9% revenue growth and even stronger earnings and free cash flow.

04—Continue

← View all 8-K filings