HP Inc. announced fiscal 2018 net revenue of $58.5 billion, up 12% (up 10% in constant currency) from the prior-year period.
 
Fiscal 2018 GAAP diluted net EPS was $3.26, up from $1.48 in the prior-year period and above the previously provided outlook of $2.82 to $2.85. Fiscal 2018 non-GAAP diluted net EPS was $2.02, up from $1.65 in the prior-year period and within the previously provided outlook of $2.00 to $2.03.
 
Fourth quarter net revenue was $15.4 billion, up 10% (up 9% in constant currency) from the prior-year period.
 
Fourth quarter GAAP diluted net EPS was $0.91, up from $0.39 in the prior-year period and above the previously provided outlook of $0.48 to $0.51. Fourth quarter non-GAAP diluted net EPS was $0.54, up from $0.44 in the prior-year period and within the previously provided outlook of $0.52 to $0.55.
 
“Our results once again demonstrate HP’s consistent performance with full-year non-GAAP EPS growth of 22% year over year and free cash flow generation of $4.2 billion,” said Dion Weisler, president and CEO, HP Inc. “These results reflect our continued innovation across the portfolio and sharp execution across segments and regions as we position HP for continued long-term sustainable growth.”
 
HP generated $4.5 billion in net cash provided by operating activities and $4.2 billion of free cash flow in fiscal 2018. HP generated $0.8 million of free cash flow in the fourth quarter. 
 
During the fiscal 2018 fourth quarter, printing net revenue was up 9% year over year (up 8% in constant currency) with a 16.1% operating margin. Total hardware units were up 11% with Commercial hardware units up 85% and Consumer hardware units up 3%. Supplies net revenue was up 7% (up 6% in constant currency).