HP Inc. (HPQ) Earnings Call Transcripts
HP Inc.'s Latest Earnings Call - September 8, 2026
In the third quarter of fiscal 2026, HP Inc. reported record revenue growth of 18% in the Personal Systems segment, driven by a strong portfolio mix and pricing benefits. The company maintained its guidance for the fiscal year, raising expectations despite ongoing commodity cost pressures. Overall revenue and earnings figures were not disclosed in the transcript, but management highlighted significant improvements in margins and strategic growth areas, particularly in AI-driven products and industrial printing.
Reported metrics
| Metric | Value |
|---|---|
| Revenue Growth (Personal Systems) | 18% (beat) |
| Tariff Refund Benefit (Q3) | $0.11 (beat) |
| Expected Tariff Refund Benefit (Q4) | $0.08 (beat) |
| Personal Systems Margins Guidance (Q4) | low end of 16% to 19% (negative) |
| Market Share in Print | low to mid-30s% (positive) |
| Big Tank Share in Home Print | 1/3 (positive) |
Guidance from management
Management raised its annual guidance, indicating confidence in continued growth despite challenges. They expect Q4 margins to be at the low end of their target range due to input cost pressures.
What management said
Yes. So we're really excited with the strength of what we've got and what we're offering to our customers. We're seeing increased focus from us, in particular, on premium PCs, in the commercial space, in particular, with AI PCs, with workstations, with greater attach of both peripherals and service offerings, including our WXP platform, which is our workforce experience platform. And we are purposely driving those to...
We are driving growth across all of our regions around the world. So pleased with the performance worldwide. But in particular, this past quarter, we did regain our market leadership, particularly in the Americas and North America. So really pleased to see that because that is clearly in line with our strategy as well.
What analysts pressed on
Analysts expressed concerns about potential demand pullback due to significant price increases in the Personal Systems segment. There were questions regarding the sustainability of margins amidst rising input costs and the impact on lower-end product demand.
Main topics on the call
- Record Revenue Growth in Personal Systems — HP reported an impressive 18% revenue growth in the Personal Systems segment, attributed to a favorable portfolio mix and pricing strategies. CFO Karen Parkhill stated, "We were pleased with the results because we did de...
- Increased Guidance — Management raised its annual guidance, indicating confidence in future performance despite ongoing challenges. Parkhill mentioned, "we increased our guidance even without the benefit of tariffs," signaling strong operati...
- AI PCs Driving Demand — The shift towards AI PCs is becoming a significant driver for HP, with nearly 50% of the overall mix. Parkhill noted that enterprise customers are increasingly seeking local AI solutions, stating, "Now it is truly our cu...
- Tariff Refund Benefits — HP benefited from IEEPA tariff refunds, contributing approximately $0.11 to earnings in Q3 and expected to provide an additional $0.08 in Q4. Parkhill stated, "the vast majority was in Print," highlighting the impact on ...
Read the full HP Inc. transcript (September 8, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.
About HP Inc.
HP Inc. (HPQ) is a publicly listed company in the Technology Hardware, Storage and Peripherals industry, within the Information Technology sector. It trades on NYSE and is based in US. EarningsCalls.dev maintains a free, full-text archive of its earnings call transcripts — 77 calls on record spanning February 24, 2020 to September 8, 2026. Every transcript is split into speaker-by-speaker segments with headline metrics, free to read or available through our REST API.
Earnings Call History
EarningsCalls.dev has 77 HP Inc. earnings call transcripts on record, spanning February 24, 2020 to September 8, 2026. Based on this history, HP Inc. reports quarterly. The most recent call on file is dated September 8, 2026. The full list is below — each row opens the complete, free-to-read transcript.
- Ticker
- HPQ
- Exchange
- NYSE
- Country
- US
- Sector
- Information Technology
- Calls on record
- 77
- First call
- February 24, 2020
- Most recent
- September 8, 2026
- Reporting cadence
- quarterly