EL7.AI
StocksMediumUpdated×2•Originally published 26 August 2026•Updated 27 August 2026•
1 min read

HP Inc. Raises 2026 Outlook Following Strong Q3 Revenue Growth

Key Facts

1HP reported Q3 net revenue of $15.7 billion, an increase of 12.5% year-over-year.
2Non-GAAP diluted net EPS was $0.83, which included a $0.11 favorable impact from tariff refunds.
3The company raised its fiscal year 2026 earnings per share and free cash flow outlook.

In a move reflecting the resilience of the tech hardware sector against trade challenges, HP Inc. announced robust Q3 2026 financial results with net revenue reaching $15.7 billion, a 12.5% year-over-year increase. According to reports, adjusted EPS of $0.83 surpassed the consensus estimate of $0.75 by 10.67%, aided by a $0.11 tariff refund. A key driver was the Personal Systems segment, which saw revenue grow 18% to a record $11.8 billion.

Despite the strong operational performance, Bank of America Securities reiterated its 'Underperform' rating for HPQ, signaling institutional caution regarding long-term momentum per market data. Nevertheless, management raised its full-year 2026 adjusted earnings guidance to a range of $3.19 to $3.29 per share. This outlook is supported by improved free cash flow and non-recurring financial benefits that bolstered the company's balance sheet during the quarter.

While the immediate economic calendar shows no direct sector catalysts, markets continue to weigh the impact of Japan's August 20 inflation data (1.9% YoY) on the global supply chain costs critical to HP's hardware manufacturing.

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