HP Inc. Delivers Strong Q1 Results, Sets Sights on Future of Work
HP Inc. has reported strong first-quarter 2025 results, with revenue growth for the third consecutive quarter and a 2% year-over-year increase.
In a conference call on February 27, Enrique Lores, HP's President and Chief Executive Officer, highlighted the company's commitment to its long-term strategy and ambition to lead the future of work. Lores stated that HP is making solid progress against its strategy, with a focus on doubling down efforts in the commercial segment and aggressively investing and innovating in new AI and software capabilities.
One example of this investment is the recent agreement to acquire strategic assets from Human, an AI-powered platform provider. The acquisition will enable HP to accelerate plans to build an intelligent ecosystem across all HP devices, including smart printers and connected conference rooms. Lores noted that the integration of the Human team into HP's technology and innovation organization will boost the company's capabilities.
HP is also realigning its key growth areas to reflect a shift in investment focus on the future of work. In addition to hybrid systems, workforce solutions, consumer subscriptions, industrial graphics, and CD, AI PCs and aducompute solutions such as workstations and retail solutions have been added to the list. Gaming, however, will no longer be one of the key growth areas and will instead be managed as part of HP's core portfolio.
HP's Q1 results demonstrate its ability to deliver on commitments and execute strategy to build a stronger company. Non-GAAP earnings per share were $0.74, slightly above the midpoint of guidance, while operating profit margins for both Print and Personal Systems were in line with expectations.
The company's focus on innovation and strategic investments is expected to continue driving growth in the future. HP's ability to adapt to evolving market conditions and position itself for long-term success will be crucial in its pursuit of leading the future of work.
As Lores noted, companies need highly productive workforces to drive growth, and employees are seeking fulfillment in their work. With its robust portfolio of PCs, printers, peripherals, and more, HP is well-positioned to capitalize on this opportunity and create value for customers, partners, and shareholders alike.
