{
  "id": 3609423,
  "title": "HP beats on earnings and revenue but PC unit slump sinks the stock",
  "url": "https://urgent.news/2026/08/26/hp-beats-on-earnings-and-revenue-but-pc-unit-slump-sinks-the-stock",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-26T22:55:11.000Z",
  "source": {
    "name": "SiliconANGLE",
    "slug": "siliconangle",
    "url": "https://siliconangle.com/2026/08/26/hp-beats-on-earnings-and-revenue-but-pc-unit-slump-sinks-the-stock/"
  },
  "original_language": "en",
  "account": "HP Inc. reported better-than-expected earnings and revenue in the third quarter, but faced a decline in its personal computer unit which weighed on its stock price. The company's adjusted earnings per share came in at 83 cents, up from 75 cents a year earlier, while revenue increased to $15.68 billion, a 12.5% year-over-year growth. Analysts had predicted 69 cents per share on $14.58 billion in revenue. Personal Systems shipments dropped by 16%, with consumer units falling 19% and commercial units down 14%. Revenue in the segment rose 18% to $11.8 billion, driven by higher selling prices and a 4.6% operating margin. Printing revenue fell 2% to $3.9 billion and supplies revenue was down 3%, while hardware units declined by 7%. HP refreshed its collaboration hardware, introducing new products like the Poly Studio Room Compute, Poly Focus 6 headset line, and programmable Collaboration Keyboard. The company raised its full-year adjusted earnings forecast to $3.19 to $3.29 per share, up from the $2.90 to $3.10 range in May, with about 19 cents of the figure attributed to estimated tariff refunds. Free cash flow guidance for the year also increased to $3 billion to $3.2 billion. HP returned $600 million to shareholders through a dividend and share repurchase program. Despite the PC unit slump, HP's Chief Financial Officer Karen Parkhill described the third quarter as a record with earnings \"above the top of our guidance range.\"",
  "summary": "Shares in HP Inc. fell more than 9% in late trading today after a third quarter in which the company shipped far fewer personal computers than a year earlier, even though revenue and earnings landed ahead of analyst expectations. For the quarter that ended on July 31, HP reported adjusted earnings of 83 cents per […] The post HP beats on earnings and revenue but PC unit slump sinks the stock…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}