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HP HPQ Printing — Operating Income (Loss)

Other segment segments

Personal Systems
$530M+29.6%
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 printing — operating income (loss)?
HP (HPQ) reported printing — operating income (loss) of $767M in Q1 2026.
How has HP's printing — operating income (loss) changed year-over-year?
HP's printing — operating income (loss) decreased by 4.6% year-over-year, from $804M to $767M.
What is the long-term trend for HP's printing — operating income (loss)?
Over 4 years (2021 to 2025), HP's printing — operating income (loss) has grown at a -4.0% compound annual growth rate (CAGR), from $3.65B to $3.1B.
What does printing — operating income (loss) mean?
This metric measures the profitability of the printing segment by subtracting the cost of net revenue and operating expenses from the total net revenue. It serves as a primary indicator of the segment's core operational performance and efficiency.