HP Inc. (HPQ) Q2 Profit Rises on Improved PC Demand and Cost Controls

HP Inc. reported higher fiscal second-quarter profit on May 27, 2026, as a rebound in personal computer sales and strict expense management bolstered its bottom line. The company’s net income climbed to $869 million, or $0.87 per diluted share, from $739 million, or $0.73 per share, in the same period a year earlier. Revenue in the quarter ended April 30, 2026, rose 1.7% to $13.1 billion, driven by a 3% increase in the Personal Systems unit, which includes laptops and desktops, to $8.4 billion. Its printing division saw a slight revenue dip of 0.5% to $4.4 billion. HP’s operating margin expanded to 8.2% from 7.6%, reflecting efficiency gains under the company’s restructuring plan. The results topped Wall Street’s consensus estimate of $0.81 per share on revenue of $12.9 billion. Shares of HP rose 2.3% in after-hours trading following the announcement.