Back to News
Feb 25, 2026 8:01 AM

HP Hits 52-Week Low After CFO's Warning Wipes Out Earnings Win

HP Inc. (NYSE:HPQ) stock fell Wednesday after the company reported first-quarter fiscal 2026 results and issued quarterly profit guidance below estimates.

Earnings Snapshot

The company reported adjusted EPS of 81 cents, which beat the analyst consensus estimate of 77 cents.

Sales rose 6.9% year over year (Y/Y) to $14.4 billion, surpassing the analyst consensus estimate of $13.9 billion.

Adjusted operating margin contracted 40 bps Y/Y to 6.9% in the quarter.

Operating cash flow came in at $383 million and free cash flow at $175 million in the quarter.

HP paid a dividend of 30 cents per share and repurchased shares worth $325 million in the quarter.

The company ended the quarter with cash and cash equivalents of $3.2 billion.

Segment Performance

Revenue in the ...