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HP HPQ Personal Systems — Operating Income (Loss)

Other segment segments

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$767M-4.6%
Corporate Investments
-$29M-7.4%

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Other financials

Income statement

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Revenue$14.4B+9.0%
Gross profit$3.0B+10.1%
Operating income$612.0M-6.4%
Net income$450.0M+10.8%
EPS (diluted)$0.49+16.7%

Balance sheet

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Cash & equivalents$3.7B+35.6%
Total debt$11.7B-11.8%
Total equity-$144.0M+88.7%
Total assets$42.9B+10.7%

Cash flow

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Operating cash flow$926.0M+2,337%
CapEx$170.0M-7.1%
Free cash flow$756.0M+621%

Valuation

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Market cap$20.06B-13.6%
Enterprise value$28.07B-16.9%
P/E7.9×-1.4×
P/S0.4×-0.1×

Profitability

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Gross margin20.3%-0.8pp
Operating margin5.3%-1.0pp
Net margin4.4%-0.2pp
FCF margin6.6%+1.7pp

Returns & leverage

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Return on equity-359.6%
Debt / equity0.4×
Current ratio0.8×+0.1×

Where this comes from

Reported directly by HP in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: HP’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is HP's personal systems — operating income (loss)?
HP (HPQ) reported personal systems — operating income (loss) of $530M in Q1 2026.
How has HP's personal systems — operating income (loss) changed year-over-year?
HP's personal systems — operating income (loss) increased by 29.6% year-over-year, from $409M to $530M.
What is the long-term trend for HP's personal systems — operating income (loss)?
Over 4 years (2021 to 2025), HP's personal systems — operating income (loss) has grown at a -10.2% compound annual growth rate (CAGR), from $3.15B to $2.05B.
What does personal systems — operating income (loss) mean?
Calculated as net revenue minus the cost of revenue and operating expenses for the Personal Systems segment. It serves as the primary measure of the segment's profitability and its ability to generate sustainable returns from its core hardware operations.