---
schema_version: "secwatch.filing_event.v1"
accession: "0000047217-23-000015"
form_type: "8-K"
ticker: "HPQ"
cik: "0000047217"
company_name: "HP INC"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T22:55:44.302607+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HP Q1 FY2023 revenue down 18.8% YoY; GAAP EPS $0.49, non-GAAP $0.75

## Summary
- GAAP diluted EPS $0.49 (within $0.47-$0.57 outlook); non-GAAP diluted EPS $0.75 (within $0.70-$0.80 outlook).
- Net revenue $13.8B, down 18.8% YoY; GAAP net earnings $0.5B, down 55% YoY.
- GAAP operating margin 5.5% vs 8.0% prior year; non-GAAP operating margin 7.8% vs 8.8%.
- Free cash flow -$0.2B vs +$1.4B prior year; returned $0.4B to shareholders via buybacks and dividends.

## SEC filing metadata
- accession: 0000047217-23-000015
- form_type: 8-K
- ticker: HPQ
- cik: 0000047217
- company_name: HP INC
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/47217/000004721723000015/0000047217-23-000015-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47217/000004721723000015/hpq-20230228.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000047217-23-000015
- JSON: https://secwatch.observer/filing/0000047217-23-000015.json
- Plain text: https://secwatch.observer/filing/0000047217-23-000015.txt

## Key facts
- Earnings Releases
  HP INC reported fiscal 2023 first quarter ended January 31, 2023 results: revenue $13.8 billion, net income $0.5 billion, EPS $0.49.
  - Period: fiscal 2023 first quarter ended January 31, 2023
  - Revenue: $13.8 billion
  - Net income: $0.5 billion
  - EPS: $0.49
  - Result: reported results
  source text: HP Inc. Reports Fiscal 2023 First Quarter Results PALO ALTO, Calif., Feb. 28, 2023 – (GLOBE NEWSWIRE) – HP (NYSE: HPQ) ● First quarter GAAP diluted net earnings per share ("EPS") of $0.49, within the previously provided outlook of $0.47 to $0.57 per share ● First quarter non-GAAP diluted net EPS of $0.75, within the previously provided outlook of $0.70 to $0.80 per share ● First quarter net revenue of $13.8 billion, down 18.8% from the prior-year period
  evidence_url: https://www.sec.gov/Archives/edgar/data/47217/000004721723000015/0000047217-23-000015-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.