HP Inc. reported fiscal 2026 second‑quarter net revenue of $14.4 billion, a 9% rise year over year. CEO Bruce Broussard said the firm kept executing its “future of work” plan with AI‑enhanced PCs, Z workstations, AI‑powered printing and the HP IQ platform. Rising commodity costs pressured margins, but the AI‑centric lineup aims to capture edge‑AI value and lift productivity.

GAAP diluted EPS climbed to $0.49, while non‑GAAP earnings hit $0.86, surpassing the company's own outlook. Operating cash flow reached $0.9 billion, generating $0.8 billion of free cash flow after modest capex. HP paid a $0.30 dividend per share and repurchased about 5.2 million shares, leaving $3.7 billion in gross cash. Accounts payable extended to 151 days and inventory grew to $9.2 billion, signaling supply‑chain shifts this quarter.

Personal Systems drove growth, delivering $10.2 billion in revenue, up 13% YoY with a 5.2% operating margin; consumer units fell 8% but commercial units rose 14%. Printing held steady overall in the market at $4.2 billion, though hardware shipments slipped 7%. HP now forecasts FY2026 GAAP EPS of $2.15‑$2.45 and non‑GAAP EPS of $2.90‑$3.10, with free cash flow expected between $2.8 billion and $3.0 billion.