Jul 2026 (Q3 FY26) — Aug 26, 2026
HP Inc. Q3 FY26 — Record Revenue Driven by Personal Systems Growth and AI PC Momentum
Read the full callHP (HPQ) earnings
- Jul 2026
- Jul 2026 (Q3 FY26)
- Oct 2025
HP earnings: last reported Wed, 26 Aug 2026, for the quarter ended Jul 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 15,677 | +12.5% YoY | Quarterly, as filed | Quarter to Jul 2026 | Revenue from operations as filed. |
| Operating margin | 5.7 | +0.6 pts YoY | Operating profit / revenue | Quarter to Jul 2026 | For the quarter; a change is in percentage points. |
| Net profit | 661 | −13.4% YoY | Quarterly, as filed | Quarter to Jul 2026 | Profit after tax as filed. |
Price
$30.24 +0.77% · +$0.23
Performance +10.5% 1Y
1Y: $27.37 on 17 Oct 2025 → $30.24. High $35.48 (11 Sept 2026), low $18.2 (24 Feb 2026).
- Previous close
- $30.01
- 52-week range
- $18.2 – $35.48
- One year
- +9.33%
Overview
- Symbol
- HPQ
- Sector
- Information Technology
- Exchange
- US
- Currency
- USD
Call summaries
Apr 2026 (Q2 FY26) — May 27, 2026
HP Inc. Q2 FY26 — Strong Personal Systems Growth and AI PC Momentum
Read the full callJan 2026 (Q1 FY26) — Feb 24, 2026
HP Inc. Q1 FY26 — Strong PC Performance & AI Momentum Amidst Memory Cost Headwinds
Read the full callEvery analysed call
HP earnings calls (HPQ)
Financials
What the filings say
Net profit, year on year: −13% (quarter to jul 2026 against jul 2025).
| Line item | Oct 2024 | Jan 2025 | Apr 2025 | Jul 2025 | Oct 2025 | Jan 2026 | Apr 2026 | Jul 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 14,055 | 13,504 | 13,220 | 13,932 | 14,639 | 14,438 | 14,408 | 15,677 |
| Expenses | 2,010 | 1,995 | 2,085 | 2,135 | 2,003 | 2,076 | 2,404 | 2,053 |
| Operating profit | 991 | 845 | 654 | 716 | 959 | 759 | 612 | 892 |
| Operating margin | 7.0% | 6.3% | 5.0% | 5.1% | 6.5% | 5.3% | 4.3% | 5.7% |
| Other income | -129 | -141 | -148 | -92 | -125 | -88 | -119 | -94 |
| Profit before tax | 862 | 704 | 506 | 624 | 834 | 671 | 493 | 798 |
| Tax rate | −5.1% | 19.7% | 19.8% | −22.3% | 4.7% | 18.8% | 8.7% | 17.2% |
| Net profit | 906 | 565 | 406 | 763 | 795 | 545 | 450 | 661 |
| EPS ($ per share) | — | 0.60 | 0.43 | 0.81 | — | 0.59 | 0.49 | 0.72 |
| Line item | Oct 2018 | Oct 2019 | Oct 2020 | Oct 2021 | Oct 2022 | Oct 2023 | Oct 2024 | Oct 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | — | — | — | — | — | 10 | 9 | 9 |
| Reserves | -473 | -818 | -1,961 | -2,470 | -4,492 | -2,361 | -2,676 | -2,027 |
| Total liabilities | 35,261 | 34,660 | 36,909 | 40,255 | 41,519 | 38,073 | 41,232 | 42,115 |
| Fixed assets | 2,198 | 2,794 | 2,627 | 2,546 | 2,774 | 2,827 | 2,914 | 3,049 |
| Total assets | 34,622 | 33,467 | 34,681 | 38,605 | 38,494 | 37,004 | 39,909 | 41,769 |
| Line item | Oct 2018 | Oct 2019 | Oct 2020 | Oct 2021 | Oct 2022 | Oct 2023 | Oct 2024 | Oct 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 4,528 | 4,654 | 4,316 | 6,409 | 4,463 | 3,571 | 3,749 | 3,697 |
| Cash from investing | -716 | -438 | -1,016 | -1,012 | -3,549 | -590 | -646 | -1,177 |
| Cash from financing | -5,643 | -4,845 | -2,973 | -5,962 | -2,068 | -2,894 | -3,082 | -2,060 |
| Net cash flow | -1,831 | -629 | 327 | -565 | -1,154 | 87 | 21 | 460 |
| Capital expenditure | -546 | -671 | -580 | -582 | -765 | -593 | -592 | -897 |
| Free cash flow | 3,982 | 3,983 | 3,736 | 5,827 | 3,698 | 2,978 | 3,157 | 2,800 |
HPQ revenue by segment
Personal Systems grew from 69% to 75% of revenue over the last two years.
| Segment | Q3 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | Q3 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Personal Systems | 69% | 68% | 68% | 71% | 71% | 71% | 71% | 75% | +18.5% |
| Printing | 31% | 32% | 32% | 29% | 29% | 29% | 29% | 25% | -1.9% |
| Corporate Investments | <1% | <1% | <1% | <1% | <1% | 0% | 0% | 0% | -100.0% |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
HPQ operating KPIs by quarter
| KPI | Jan 2026 Q1 FY26 | Apr 2026 Q2 FY26 | Jul 2026 Q3 FY26 | Change vs prior quarter |
|---|---|---|---|---|
| AI PC share of shipments Personal Systems | 35%+This quarter, AI PC is accounted for over 35% and of our PC shipments, up from 30% in the prior quarter and 25% a quarter before.Source: earnings call transcript | 44%This includes continued momentum in AI PCs, which increased from more than 35% to 44% of our shipment mix in the quarter, as well as continued strength in Advanced Compute Solutions and Workforce Solutions.Source: earnings call transcript | 46%It contributed 46% of our mix, in line with our 40% to 50% forecast for FY '26.Source: earnings call transcript | +2 pt |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q3 FY2026 · share of revenue
- Americas 41% ↓ 4 pt
- EMEA 33%
- Asia Pacific 26% ↑ 3 pt
As HPQ cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
53 filings between Oct 27, 2025 and Oct 2, 2026.
Open market
decisions to buy or sellPurchases
None
No insider bought shares.
Sales
$6.41M
11 sales by 5 insiders
82% filed under a 10b5-1 plan — scheduled in advance, not decided on the day
Compensation
not trading decisions- 3
- Award — granted as compensation
- 18
- Option exercise — converted options into shares
- 15
- Tax withheld — shares kept back by the company to cover tax
Also filed: 6 gifts.
Who traded
open market only| Insider | Bought | Sold | Last filing |
|---|---|---|---|
| McQuarrie David P. | — | $2.79M | Oct 2, 2026 |
| LORES ENRIQUE | — | $1.09M | Dec 5, 2025 |
| Olson Anneliese | — | $921.4K | Dec 9, 2025 |
| Citrino Mary Anne | — | $834.3K | Mar 11, 2026 |
| Patel Ketan M | — | $772.7K | Dec 26, 2025 |
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Oct 2, 2026 | McQuarrie David P. Chief Commercial Officer | Sale 10b5-1 plan | 31,572 | $1.01M |
| Sep 1, 2026 | Francisco Ma. Fatima Director | Gift | 12,176 | $0 |
| Sep 1, 2026 | Francisco Ma. Fatima Director | Gift | 12,176 | $0 |
| Aug 31, 2026 | Francisco Ma. Fatima Director | Gift | 12,176 | $0 |
| Aug 31, 2026 | Francisco Ma. Fatima Director | Gift | 12,176 | $0 |
| Aug 7, 2026 | McQuarrie David P. Chief Commercial Officer | Sale 10b5-1 plan | 21,048 | $631.0K |
| Aug 5, 2026 | PARKHILL KAREN L Chief Financial Officer | Tax withheld | 69,173 | $1.97M |
| Aug 5, 2026 | PARKHILL KAREN L Chief Financial Officer | Option exercise | 166,746 | $0 |
| Aug 4, 2026 | McQuarrie David P. Chief Commercial Officer | Sale 10b5-1 plan | 10,524 | $294.5K |
| Aug 3, 2026 | McQuarrie David P. Chief Commercial Officer | Sale 10b5-1 plan | 10,524 | $293.4K |
| Jul 28, 2026 | McQuarrie David P. Chief Commercial Officer | Sale 10b5-1 plan | 10,524 | $294.5K |
| Jul 14, 2026 | Grewal Manpreet Global Controller and CAO | Option exercise | 22,637 | $0 |
| Jul 14, 2026 | Grewal Manpreet Global Controller and CAO | Tax withheld | 5,513 | $135.8K |
| Jun 12, 2026 | McQuarrie David P. Chief Commercial Officer | Sale 10b5-1 plan | 10,524 | $259.7K |
| Apr 16, 2026 | Miscik Judith A Director | Award | 12,176 | $0 |
| Apr 16, 2026 | Pettiti Gianluca Director | Award | 12,176 | $0 |
| Apr 16, 2026 | Francisco Ma. Fatima Director | Award | 12,176 | $0 |
| Apr 1, 2026 | Bergh Charles V Director | Option exercise | 9,881 | $0 |
| Mar 25, 2026 | Bergh Charles V Director | Option exercise | 48,544 | $555.8K |
| Mar 11, 2026 | Citrino Mary Anne Director | Sale | 45,172 | $834.3K |
| Mar 11, 2026 | Citrino Mary Anne Director | Option exercise | 72,816 | $833.7K |
| Feb 3, 2026 | Patel Ketan M President, Personal Systems | Option exercise | 1,119 | $0 |
| Feb 3, 2026 | Patel Ketan M President, Personal Systems | Tax withheld | 447 | $8.5K |
| Dec 26, 2025 | Patel Ketan M President, Personal Systems | Sale | 33,321 | $772.7K |
| Dec 10, 2025 | Francisco Ma. Fatima Director | Gift | 13,880 | $0 |
| Dec 10, 2025 | Francisco Ma. Fatima Director | Gift | 13,880 | $0 |
| Dec 9, 2025 | Olson Anneliese Pres Imaging Prtng & Solutions | Sale 10b5-1 plan | 16,726 | $415.3K |
| Dec 7, 2025 | McQuarrie David P. Chief Commercial Officer | Tax withheld | 28,668 | $742.8K |
| Dec 7, 2025 | McQuarrie David P. Chief Commercial Officer | Option exercise | 57,814 | $0 |
| Dec 7, 2025 | PARKHILL KAREN L Chief Financial Officer | Tax withheld | 12,672 | $328.3K |
| Dec 7, 2025 | LORES ENRIQUE President and CEO | Option exercise | 189,200 | $0 |
| Dec 7, 2025 | PARKHILL KAREN L Chief Financial Officer | Option exercise | 28,570 | $0 |
| Dec 7, 2025 | Jacobs Julie M Chief Legal Officer and GC | Tax withheld | 23,447 | $607.5K |
| Dec 7, 2025 | LORES ENRIQUE President and CEO | Tax withheld | 89,669 | $2.32M |
| Dec 7, 2025 | Jacobs Julie M Chief Legal Officer and GC | Option exercise | 51,983 | $0 |
| Dec 7, 2025 | Olson Anneliese Pres Imaging Prtng & Solutions | Option exercise | 31,085 | $0 |
| Dec 7, 2025 | Olson Anneliese Pres Imaging Prtng & Solutions | Tax withheld | 14,359 | $372.0K |
| Dec 7, 2025 | Patel Ketan M President, Personal Systems | Tax withheld | 20,614 | $534.1K |
| Dec 7, 2025 | Patel Ketan M President, Personal Systems | Option exercise | 41,590 | $0 |
| Dec 5, 2025 | LORES ENRIQUE President and CEO | Sale 10b5-1 plan | 41,922 | $1.09M |
| Nov 29, 2025 | Patel Ketan M President, Personal Systems | Tax withheld | 1,334 | $32.6K |
| Nov 29, 2025 | Patel Ketan M President, Personal Systems | Option exercise | 3,854 | $0 |
| Nov 18, 2025 | Jacobs Julie M Chief Legal Officer and GC | Tax withheld | 12,659 | $287.5K |
| Nov 18, 2025 | Jacobs Julie M Chief Legal Officer and GC | Option exercise | 28,067 | $0 |
| Nov 18, 2025 | LORES ENRIQUE President and CEO | Option exercise | 159,983 | $0 |
| Nov 18, 2025 | McQuarrie David P. Chief Commercial Officer | Tax withheld | 12,941 | $293.9K |
| Nov 18, 2025 | McQuarrie David P. Chief Commercial Officer | Option exercise | 29,671 | $0 |
| Nov 18, 2025 | LORES ENRIQUE President and CEO | Tax withheld | 76,139 | $1.73M |
| Nov 1, 2025 | McQuarrie David P. Chief Commercial Officer | Tax withheld | 6,909 | $191.2K |
| Nov 1, 2025 | McQuarrie David P. Chief Commercial Officer | Option exercise | 19,978 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
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