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HP Announces 2025 Q1 Results - Print Net Revenue Down 2%

HP’s Q1 2025 earnings reflect a mixed performance, with $13.5 billion in net revenues, a 2.4% increase from the previous year, but a 2.4% decline in printing revenues due to weaker commercial print sales. The company continues to push its Future Ready restructuring program, now projected to save $1.9 billion by FY2025, with 1,000-2,000 job cuts planned to drive additional $300 million in savings. Amid supply chain diversification and rising geopolitical challenges, HP remains focused on long-term growth, leveraging AI PCs, increased hardware unit sales, and strategic cost-cutting measures to maintain stability in an evolving market.

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