HPQ's Q4 Earnings Beat Estimates, Revenues Increase Y/Y

Core Insights - HP Inc. reported fourth-quarter fiscal 2025 earnings of 93 cents per share, exceeding the Zacks Consensus Estimate by 2.2%, but down from 96 cents per share a year ago [1] - The company's revenues for the fourth quarter were $14.64 billion, reflecting a year-over-year increase of 4.2%, but missing the Zacks Consensus Estimate by 2.2% [2] Revenue Breakdown - Personal Systems (PS) revenues, which account for 71% of net revenues, reached $10.4 billion, up 8% year over year, driven by strong demand in both commercial and consumer PC segments [3] - The Printing business, contributing 29% of net revenues, generated $4.27 billion, down 4% year over year, primarily due to declines in Supplies and Commercial Printing [4] Geographic Performance - Revenue growth was observed in all regions, with the Americas rising 1.1%, EMEA up 1.1%, and Asia Pacific & Japan growing 11% year over year [5] Operating Results - Personal Systems' non-GAAP operating margin was 5.8%, down 40 basis points year over year, while the Printing division's non-GAAP operating margin was 18.9%, down 70 basis points [6] - Overall non-GAAP operating margin for HP was 8.0%, contracting 80 basis points from the prior-year quarter [6] Financial Position - At the end of the fiscal fourth quarter, HP had $3.7 billion in cash and cash equivalents, an increase from $2.9 billion in the previous quarter [7] - The company generated $1.6 billion from operating activities and delivered $1.5 billion in free cash flow, returning $0.8 billion to shareholders through dividends and share repurchases [7] Summary of Earnings - HPQ's Q4 earnings beat estimates, with revenues rising 4.2% year over year, while Personal Systems revenues grew 8% due to stronger demand [9]