---
schema_version: "secwatch.filing_event.v1"
accession: "0000047217-25-000023"
form_type: "8-K"
ticker: "HPQ"
cik: "0000047217"
company_name: "HP INC"
filed_at: "2025-02-27T23:59:59+00:00"
generated_at: "2026-05-26T02:50:52.495348+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# HP Q1 GAAP EPS $0.59, revenue up 2.4% YoY; expands restructuring plan to cut 1K-2K jobs

## Summary
- GAAP diluted EPS $0.59 (within outlook), non-GAAP $0.74; revenue $13.5B (+2.4% YoY).
- GAAP operating margin 6.3% (down 80bps), non-GAAP 7.3% (down 110bps); GAAP net earnings $0.6B (-9%).
- Free cash flow $0.1B; returned $0.4B to shareholders via buybacks and dividends.
- Expanded Future Ready restructuring: additional $300M annual savings, total $1.9B by FY2025 end.
- Approved $150M additional restructuring charges, total ~$1.2B; workforce cuts of 1,000-2,000 employees.

## SEC filing metadata
- accession: 0000047217-25-000023
- form_type: 8-K
- ticker: HPQ
- cik: 0000047217
- company_name: HP INC
- filed_at: 2025-02-27T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 2.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/47217/000004721725000023/0000047217-25-000023-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/47217/000004721725000023/hpq-20250227.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000047217-25-000023
- JSON: https://secwatch.observer/filing/0000047217-25-000023.json
- Plain text: https://secwatch.observer/filing/0000047217-25-000023.txt

## Key facts
- Restructurings & Charges
  HP INC announced a restructuring with charges of approximately $150 million (approximately 1,000 to 2,000 employees).
  - Type: restructuring
  - Charge: approximately $150 million
  - Headcount: approximately 1,000 to 2,000 employees
  source text: HP anticipates incurring approximately $150 million in additional restructuring and other charges in connection with the plan amendment, due primarily to cash labor costs, for a total of approximately $1.2 billion in restructuring and other charges over the course of fiscal 2023 through fiscal 2025. HP expects incremental gross workforce reductions of approximately 1,000 to 2,000 employees
  evidence_url: https://www.sec.gov/Archives/edgar/data/47217/000004721725000023/0000047217-25-000023-index.htm

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