HP Inc. Goldman Sachs Communacopia + Technology Conference 2026

Yes. Thank you, Kat, and thank you for having us here. I would say we had a really strong third quarter. We were pleased with the results, because we did deliver record revenue in our PS segment, 18%. We continued to execute on our four-pillar mitigation plan during this commodity cost cycle. Print expectations were definitely in line, but we had some really great things going on in Print, particularly in our key growth areas, where we drove share gains in Smart Tank aligned with our strategy. We drove really strong growth in Industrial Printing and 3D Printing, continued to drive subscribers to our HP All-In Plan. I'd say really strong results that ultimately enabled us to increase our annual guidance. We obviously had the benefit of some IEEPA tariff refunds in the quarter, and we expect some more in the fourth quarter.

We increased our guidance even without the benefit of tariffs. So we were really pleased with our execution and with our remaining outlook for the year.

Yeah. We're really excited with the strength of what we've got and what we're offering to our customers. We're seeing increased focus from us, in particular, on premium PCs, in the commercial space, in particular, with AI PCs, with workstations, with greater attach of both peripherals and service offerings, including our WXP platform, which is our Workforce Experience Platform. We are purposely driving those to increase market share and to drive our revenue growth and drive, ultimately, a greater mix to our margins, too.

We are driving growth across all of our regions around the world, so pleased with the performance worldwide. In particular, this past quarter, we did regain our market leadership, particularly in the Americas and North America. So really pleased to see that because that is clearly in line with our strategy as well.

I'd say early on last year, it was a little bit more future-proofing. Now it's not. Now it is truly our customers, particularly our enterprise customers, really wanting a solution and an alternative to conducting AI in the cloud. Tokenomics is one compelling reason with this significant rise of token costs, but also having something that is faster, more secure, enables better focus on privacy is what customers are seeking right now. The AI being run locally in addition to in the cloud, we call it running AI hybrid. We believe that is the future, and we're beginning to see the pull of wanting solutions locally.

Yeah. I'd say we've got really strong product offerings right now, many that are award-winning. But we also have a software solution, our Workforce Experience Platform that I mentioned, that is also a compelling offering, enabling greater digital experience for employees out there. Because what it does is it enables CIOs to really manage the devices that they have out there, and it's not just PCs, but it's also workstations and printers and now our collaboration devices that we recently put on this platform just last quarter. It enables CIOs and the IT managers to see problems and issues before they happen, to fix them before they happen, to ensure that employees have the right memory that they need to enable the work that they need to drive.

This Workforce Experience Platform was recently put into the Magic Quadrant for Gartner, and it's a really compelling offering that we've got right now.

Yeah, it definitely helps that. We've got telemetry data that enables us, particularly when our customers are purchasing equipment, that enables us to share with them and have them see the memory needed by various employees or employee groups. So it enables them, particularly in this rising cost environment, to purchase exactly what they need rather than more than what they need. It also enables us to help them configure the equipment for the various uses that they need too.