HP (HPQ) Reports Q1 Earnings: What Key Metrics Have to Say

Financial Performance - For the quarter ended January 2026, HP reported revenue of $14.44 billion, a 6.9% increase year-over-year, and EPS of $0.81, up from $0.74 in the same quarter last year [1] - The reported revenue exceeded the Zacks Consensus Estimate of $14.26 billion by 1.22%, and the EPS also surpassed the consensus estimate of $0.77 by 4.65% [1] Key Metrics - Personal Systems revenue was $10.25 billion, a year-over-year increase of 11.1%, but below the average estimate of $10.39 billion [4] - Commercial Personal Systems revenue was $7.25 billion, a 9.2% increase year-over-year, but below the average estimate of $7.43 billion [4] - Consumer Personal Systems revenue reached $3 billion, exceeding the estimated $2.96 billion, with a year-over-year growth of 16.3% [4] - Printing revenue totaled $4.19 billion, slightly above the average estimate of $4.14 billion, but represented a year-over-year decline of 1.9% [4] Operational Earnings - Earnings from operations in Personal Systems were $511 million, below the average estimate of $568.76 million [4] - Corporate Investments reported a loss of $24 million, significantly better than the estimated loss of $155.43 million [4] - Earnings from operations in Printing were $765 million, slightly above the average estimate of $759.07 million [4] Stock Performance - HP shares have returned -5.7% over the past month, compared to a -1% change in the Zacks S&P 500 composite [3] - The stock currently holds a Zacks Rank 4 (Sell), indicating potential underperformance relative to the broader market in the near term [3]