HP Tops Q3 EPS, Lifts FY26 EPS and Free Cash Flow Guidance
HPQ sits 68% above its 52-week low of $17.56.
Summary
HP reported Q3 FY26 revenue of $15.7B (up 12.5% YoY) and non-GAAP EPS of $0.83, beating guidance, and raised its full-year EPS and free cash flow outlook.
Key Events · Earnings and Guidance · HPQ
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Q3 Revenue and EPS Beat
Net revenue of $15.7B, up 12.5% YoY; non-GAAP diluted EPS of $0.83 vs guidance of $0.61-$0.71, including an $0.11 tariff refund benefit.
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FY26 Guidance Raised
Non-GAAP diluted EPS outlook raised to $3.19-$3.29 (from prior implied range) and free cash flow raised to $3.0-$3.2B.
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Personal Systems Strength
Personal Systems revenue grew 18% YoY to $11.8B, driven by 22% growth in Commercial PS, while Printing revenue declined 2% to $3.9B.
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Capital Returns Continue
HP returned $0.6B to shareholders in Q3 via $300M in buybacks (12.2M shares) and $274M in dividends.
Analysis · HPQ · Technology
HP delivered record Q3 revenue of $15.7 billion, up 12.5% year over year, with non-GAAP diluted EPS of $0.83 — well above the $0.61 to $0.71 guidance range. Management raised full-year non-GAAP EPS guidance to $3.19-$3.29 and free cash flow to $3.0-$3.2 billion, signaling confidence in the back half of the fiscal year. The beat was partly aided by an $0.11 per share tariff refund, but the core business showed strength in Personal Systems, which grew 18% year over year. This is a meaningful positive update for a $27 billion company.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
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At the time of this filing, HPQ was trading at $29.51 on NYSE in the Technology sector, with a market capitalization of approximately $27B. The 52-week trading range was $17.56 to $32.19. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.