HP Inc. (HPQ) Earnings: Q3 Fiscal 2026 Results and Next Report Date

The quarter ended July 31, 2026 and HP Inc. published the results on August 26, 2026. Revenue and diluted EPS are shown against Q3 fiscal 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. HP Inc. reports EPS two ways: GAAP, under the accounting rules every US filer follows, and non-GAAP, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• From Q1 fiscal 2026 HP reports the Print-as-a-Service business inside Printing (Supplies and Consumer Printing) instead of Corporate Investments, and recast prior periods. Consolidated revenue and EPS were unchanged.
• Both GAAP and non-GAAP diluted EPS for the quarter include an $0.11 favorable impact from tariff refunds. The year-ago quarter included a gain from a single litigation matter and one-time tax benefits.

Source: HP Inc. fiscal 2026 third quarter results, August 26, 2026. Also in the Form 10-Q for the quarter ended July 31, 2026. Figures as reported; checked against the release on November 10, 2026.

How HP Inc. splits revenue in its own release, under its own labels, for Q3 fiscal 2026 against Q3 fiscal 2025. Indented lines are parts of the line above them.

• HP Inc.'s Personal Systems revenue was $11.8 billion in Q3 fiscal 2026, up 18% from $9.9 billion in Q3 fiscal 2025, 75% of total revenue.
• HP Inc.'s Printing revenue was $3.9 billion in Q3 fiscal 2026, down 2% from $4.0 billion in Q3 fiscal 2025, 25% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

HP Inc. gives EPS and free cash flow estimates in its release. It does not give a revenue outlook there.

In its Q3 fiscal 2026 release, HP Inc. said:

“For the fiscal 2026 fourth quarter, HP estimates GAAP diluted net EPS to be in the range of $0.74 to $0.84 and non-GAAP diluted net EPS to be in the range of $0.69 to $0.79, with both including an $0.08 favorable impact from estimated tariff refunds.”

“For fiscal 2026, HP is raising its estimate of GAAP diluted net EPS to be in the range of $2.52 to $2.62 and raising its estimate of non-GAAP diluted net EPS to be in the range of $3.19 to $3.29, with both including a $0.19 favorable impact from estimated tariff refunds.”

“For fiscal 2026, HP is also raising its estimate of free cash flow to be in the range of $3.0 to $3.2 billion.”

Source: HP Inc. Q3 FY26 release, Aug 26, 2026.

This is the company's own guidance as of Aug 26, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the HPQ forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP net revenue and diluted EPS, each as first reported in that quarter's release. HP's fiscal year ends October 31.

HP Inc.'s next report is scheduled for November 24, 2026. This page will show Q3 fiscal 2026 until those results are out and have been checked against the release.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 fiscal 2026 (this page), reported Aug 26, 2026

HP Inc. reports two main segments, Personal Systems and Printing. In Q3 fiscal 2026 Personal Systems brought in $11,767 million of the $15,677 million total, split between Commercial PS ($8,579 million) and Consumer PS ($3,188 million). Printing brought in $3,912 million, of which Supplies was $2,536 million. (HP Inc. Q3 FY26 release, Aug 26, 2026)

Personal Systems sells desktops, notebooks and workstations, including HP's AI PCs, along with thin clients, retail point-of-sale systems, displays, software and services. Printing covers consumer and commercial printer hardware, supplies, services and solutions, plus graphics and 3D printing. One customer, the distributor TD Synnex Corp, accounted for 12% of HP's net revenue in fiscal 2025, and approximately 65% of net revenue that year came from outside the United States. (HP Inc. Form 10-K, fiscal 2025, Dec 10, 2025)

HP's 10-Q attributes the Personal Systems increase to price. Segment revenue rose 18.5% as average selling prices rose 40.8% and PC unit volume fell 15.8%, which HP said was driven by a focus on higher value units in an increasing commodity cost environment. HP put the higher prices down primarily to pricing actions to offset commodity costs, favorable currency and mix, and it names memory and storage costs among the segment's challenges. (HP Inc. Form 10-Q, Q3 FY26, Aug 27, 2026)

Printing net revenue fell 2.2%. Supplies revenue decreased 2.8%, which HP attributed primarily to a decline in installed base and usage, partly offset by pricing actions and currency. Printer units fell 6.8%, primarily due to demand softness, particularly in China, and competitive pressures, while printer ASPs rose 5.8%. (HP Inc. Form 10-Q, Q3 FY26, Aug 27, 2026)

By region, Americas net revenue was $6,486 million against $6,107 million a year earlier, Europe, Middle East and Africa $5,181 million against $4,502 million, and Asia-Pacific and Japan $4,010 million against $3,323 million. (HP Inc. Form 10-Q, Q3 FY26, Aug 27, 2026)

HP Inc.'s GAAP diluted EPS was $0.71 and its non-GAAP diluted EPS $0.83 in Q3 fiscal 2026, and both included an $0.11 favorable impact from tariff refunds. Non-GAAP results exclude restructuring and other charges ($48 million in the quarter), amortization of intangible assets ($75 million), acquisition and divestiture charges, certain litigation charges, non-operating retirement-related credits and tax adjustments. (HP Inc. Q3 FY26 release, Aug 26, 2026)

GAAP EPS fell from $0.80 a year earlier, which HP's release attributes in part to one-time tax and litigation benefits in the prior year period. HP's effective tax rate was 17.2% in the quarter, against (22.3)% a year earlier, when the provision line was a benefit of $139 million. (HP Inc. Q3 FY26 release, Aug 26, 2026; HP Inc. Form 10-Q, Q3 FY26, Aug 27, 2026)

Diluted weighted-average shares were 927 million, against 954 million a year earlier. HP spent $300 million to repurchase approximately 12.2 million shares in the quarter and paid a dividend of $0.30 per share, a cash cost of $274 million. It had approximately $7.7 billion left under its repurchase authorization at July 31, 2026. (HP Inc. Q3 FY26 release, Aug 26, 2026; HP Inc. Form 10-Q, Q3 FY26, Aug 27, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

HP Inc. gives EPS and free cash flow estimates in its release, and no revenue outlook. For Q4 fiscal 2026 it estimated GAAP diluted EPS of $0.74 to $0.84 and non-GAAP diluted EPS of $0.69 to $0.79, both including an $0.08 favorable impact from estimated tariff refunds. (HP Inc. Q3 FY26 release, Aug 26, 2026)

For full fiscal 2026 HP raised its GAAP diluted EPS estimate to $2.52 to $2.62 and its non-GAAP estimate to $3.19 to $3.29, both including $0.19 from estimated tariff refunds, and raised its free cash flow estimate to $3.0 to $3.2 billion. The Q3 results compared with HP's previously provided outlook of $0.47 to $0.63 for GAAP EPS and $0.61 to $0.71 for non-GAAP EPS. (HP Inc. Q3 FY26 release, Aug 26, 2026)

A consensus figure is the average of the models published by the analysts who cover HP Inc., collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones HP Inc.'s own release and filings put weight on for Q3 fiscal 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning HPQ is on is HPQ a buy or a sell?, what analysts expect next is on the HPQ forecast, and what the company does is on the HP Inc. (HPQ) stock page.

Every number on this page can be traced to a document HP Inc. published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.