HP(NYSE) HPQ

HP makes computers and printers for people and businesses. Its products help people work, learn, and create from anywhere. The company also sells ink and support services to keep these devices running.

What Is on the Desk?

• Personal Systems: Laptops, desktops, and workstations for home and office use; this segment produced $32.2 billion in net revenue for the nine months ended July 31, 2026.
• Printing: Hardware and supplies for home and industrial printing; this segment generated $12.3 billion in net revenue during the nine-month period ended July 31, 2026.
• Corporate Investments: Research and business projects focused on new technologies and digital tools.

Moving Beyond the Box

• Launched the Fiscal 2026 Plan on Nov. 25, 2025, to integrate artificial intelligence into products and supply chains.
• Introduced artificial intelligence PCs and workstations to change how people work using advanced computing technology.
• Expanded subscription services like the HP All-In Plan to create steady recurring revenue from customers.
• Consolidated software resources under a single Technology and Innovation Organization to move toward an experience-led business model.

A Global Tech Footprint

HP maintains a large global presence with more than 65% of its net revenue coming from outside the United States. The company uses its HP Labs division to develop new technologies like 3D printing and digital manufacturing for industrial use.

The Recent Results

• Total net revenue reached $15.7 billion for the three months ended July 31, 2026, up 12.5% year over year.
• Personal Systems net revenue rose 18.5% to $11.8 billion in the three-month period ended July 31, 2026.
• Printing net revenue fell 2.2% to $3.9 billion during the third quarter of fiscal year 2026.
• Net cash from operating activities increased to $3.0 billion for the nine months ended July 31, 2026, up $1.0 billion year over year.
• The company returned $1.5 billion to shareholders through dividends and share repurchases during the first nine months of fiscal year 2026.

Bottom Line

HP has shifted from selling hardware alone to providing subscription services and AI-powered devices. This evolution helps the company adapt to changing habits in the global computing and printing markets.