Strong Financial Performance: HP reported a 3% increase in top-line revenue year-over-year (YoY) for Q3 2025, marking the fifth consecutive quarter of growth. The operating profit margins in both print and personal systems remained in line with guidance, and non-GAAP EPS was slightly above the midpoint of guidance, reflecting a sequential improvement of 6%.

Outlook for Personal Systems: HP expects continued strong demand for personal systems heading into Q4, driven by the Windows 11 refresh and accelerated adoption of Advanced Intelligent Personal Computers (AIPCs). The company anticipates that revenue will follow typical seasonal trends, with mid-single digit growth for the PC market expected in the second half of 2025 and into 2026, supported by increasing ASPs in premium categories.

Print Business Challenges: Despite the generally stable demand for printing pages, HP's print revenue declined by 3% (4% decline reported YoY), influenced by aggressive pricing competition and slightly softer demand in the office segment. The company aims to counteract this decline by emphasizing profitable unit placements, focusing on higher-value categories, and continuing to grow its industrial segment.