HP Inc. (HPQ) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
HP Inc. delivered solid Q1 FY2026 results, with adjusted EPS and net revenues exceeding expectations despite ongoing macro headwinds. Personal Systems revenue grew 11% year-over-year, offsetting a 2% decline in Printing. HPQ's free cash flow guidance remains robust at $2.4 billion (adjusted for stock-based compensation), supporting continued buybacks and dividends amid a manageable debt profile.
HP Inc (NYSE:HPQ) reported first quarter fiscal 2026 results that exceeded Wall Street expectations, but its shares were little changed on the report as the firm issued cautious guidance amid tariff uncertainty and industry challenges. For Q1, the company posted net revenue of $14.44 billion, up 6.9% from the same period last year and above analyst estimates of $13.87 billion to $13.90 billion.
| Technology Hardware, Storage & Peripherals Industry | Information Technology Sector | Bruce Dale Broussard CEO | LSE Exchange | US40434L1052 ISIN |
| US Country | 58,000 Employees | 11 Mar 2026 Last Dividend | 2 Nov 2015 Last Split | - IPO Date |
HP Inc., originally known as Hewlett-Packard Company, underwent a name change in October 2015 and has since continued to provide a wide array of digital access devices, imaging, and printing products worldwide. The company's offerings span across various sectors, including personal computing and related technologies, catering to both individual consumers and larger entities in the government, health, and education sectors. HP Inc. operates through three primary segments: Personal Systems, Printing, and Corporate Investments, leveraging its rich legacy that dates back to its founding in 1939 in Palo Alto, California. Through its diverse product lineup and breadth of services, HP Inc. aims to meet the needs of small- and medium-sized businesses as well as large enterprises, highlighting its adaptability and commitment to innovation in an ever-evolving technology landscape.
This segment covers HP Inc.'s computing devices lineup, including commercial and consumer desktops, notebooks, workstations, and commercial mobility devices. It also encompasses thin clients, retail point-of-sale systems, displays, and a variety of software, support, and services. Additionally, HP Inc. offers hybrid systems that integrate video conferencing solutions, cameras, headsets, voice, and related software products, catering to the evolving needs of today's workforce and personal users.
The Printing segment marks HP Inc.'s continued innovation in the printing industry, offering both consumer and commercial printer hardware, supplies, and comprehensive solutions and services. Its focus expands beyond traditional printing to include cutting-edge graphics and 3D printing as well as personalization solutions for the commercial and industrial markets. This segment exemplifies HP Inc.'s commitment to expanding its technological footprint and meeting the diverse needs of its customers.
HP Inc.'s Corporate Investments segment handles the company's business incubation projects and investments, showcasing its commitment to fostering innovation and exploring new business ventures. This segment represents HP Inc.'s strategic approach to investing in future technologies and markets, ensuring the company's growth and relevance in a constantly changing technological environment.