HP Inc. Q1 2025 Financial Highlights

HP Inc. has announced a 2.4% year-on-year increase in revenue, reaching $13.5 billion for the first quarter of fiscal 2025. This growth is attributed to the strong performance of its commercial business within the Personal Systems sector and significant advancements in its key growth areas, including AI PCs.

Net Income and Future Outlook

Despite the revenue growth, the company experienced a decrease in net income, which fell to $565 million, or $0.59 per diluted share, from $622 million in the same period last year. Looking ahead, HP estimates its GAAP diluted net EPS for the second quarter of fiscal 2025 to be between $0.62 and $0.72.

Strategic Financial Commitments

Karen Parkhill, HP's CFO, emphasized the company's commitment to achieving its financial goals, stating, "In Q1 we drove solid progress against our financial commitments for the year and are raising our Future Ready savings target from $1.6 to $1.9 billion by the end of fiscal year 2025." She also reaffirmed HP's focus on disciplined execution and future investments.

Following the earnings report, HP Inc.'s shares saw a 1.84% decline in after-hours trading.