Q4 2025 HP Inc Earnings Call Transcript
Key Points
- HP Inc (HPQ) delivered its 6th consecutive quarter of revenue growth, up 4% year over year, driven by personal systems gains.
- The company reported double-digit growth in key areas such as data science workstations and consumer subscriptions.
- HP Inc (HPQ) achieved a sequential improvement in operating margins, with non-GAAP EPS above the midpoint of guidance.
- The company is accelerating innovation with AI-powered devices and solutions, enhancing productivity and customer experiences.
- HP Inc (HPQ) surpassed its original cost savings target, delivering $2.2 billion in cumulative gross annualized savings.
- Print revenue declined 4% due to market softness and delayed purchasing decisions across all regions.
- Operating profits declined as trade-related costs took several quarters to be absorbed.
- The company faces rising memory costs, which are expected to impact personal system margins in the second half of the fiscal year.
- HP Inc (HPQ) anticipates a low single-digit decrease in the hardware market for print in 2026.
- The company plans workforce reductions of 4,000 to 6,000 people over the next year as part of cost-saving measures.
Good day everyone and welcome to the 4th quarter 2025 HP Inc. Earnings conference call. My name is Regina, and I will be your conference moderator for today's call. At this time, all participants will be in listen-only mode. We will be facilitating a question-and-answer session toward the end. Conference. Should you need assistance during the call, please signal a conference specialist by pressing the star key followed by 0. As a reminder, this conference is being recorded for replay purposes. I would now like to turn the call over to Elo Gol, head of investor relations. Please go ahead.
Good afternoon, everyone, and welcome to HP's 4th quarter, 2025 earnings conference call.
With me today are Enrique Lores, HP's President and Chief Executive Officer, and Karen Park Hill, HP's Chief Financial Officer.
Before handing the call over to Enrique, let me remind you that this call is a webcast, and the replay will be available on our website shortly after the call for approximately one year.
We posted the earnings
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