HP (NYSE:HPQ) announced a 9% year-over-year revenue growth for the second quarter of 2026, marking its eighth consecutive quarter of top-line growth. This increase was primarily driven by strong performance in personal systems, where AI PCs constituted 44% of the shipment mix, with projections to rise to 60-70% by the next fiscal year. Despite a flat year-over-year revenue in printing, HP reported ongoing success in consumer subscriptions and effective pricing strategies. The company is committed to returning nearly 100% of its free cash flow to shareholders, with an EPS guidance for FY26 now set between $2.90 and $3.10. HP's proactive management of supplier relationships and strategic inventory positioning have enabled it to navigate rising input costs effectively, although these costs are expected to increase in the latter half of 2026. Overall, HP remains focused on innovation and disciplined execution to sustain long-term growth in a challenging market environment.