Hp (HPQ) Cost of Revenue (2009 - 2026)
Hp (HPQ) reported Cost of Revenue of $11.4 billion for Q2 2026, up 8.69% year-over-year from $10.5 billion in Q2 2025, and down 1.82% quarter-over-quarter from $11.6 billion in Q1 2026.
Hp (HPQ) Cost of Revenue (2009 - 2026) Analysis & Trends
Hp (HPQ) has 18 years of Cost of Revenue data on file, last reported at $11.4 billion in Q2 2026.
- Cost of Revenue for Q2 2026 came in at $11.4 billion, up 8.69% year-over-year; the trailing twelve-month figure through Apr 2026 was $45.8 billion (up 6.87% YoY), and the FY2025 annual result was $43.9 billion, up 5.18% from the prior year.
- Cost of Revenue retreated to $11.4 billion in Q2 2026 per HPQ's latest filing, from $11.6 billion in the prior quarter.
- Over five years, Cost of Revenue peaked at $13.6 billion in Q1 2022 and troughed at $9.8 billion in Q2 2024.
- A 5-year average of $11.2 billion and a median of $11.0 billion in 2023 frame the typical range for Cost of Revenue.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue advanced 10.55% in 2022, then decreased 24.17% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $12.1 billion in 2022, then slipped by 10.35% to $10.8 billion in 2023, then increased by 2.05% to $11.1 billion in 2024, then climbed by 5.64% to $11.7 billion in 2025, then retreated by 2.44% to $11.4 billion in 2026.
- Business Quant data shows HPQ's Cost of Revenue at $11.4 billion in Q2 2026, $11.6 billion in Q1 2026, and $11.7 billion in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 26.65 Bn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 1.29 Bn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 141.60 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | 1.67 Bn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 1.66 Bn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | 9.22 Bn |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | 318.82 Mn |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 11.39 Bn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 49.25 Mn |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 214.94 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 11.39 Bn |
| Apr 30, 2026 | 11.39 Bn |
| Jan 31, 2026 | 11.60 Bn |
| Jan 31, 2026 | 11.60 Bn |
| Oct 31, 2025 | 11.68 Bn |
| Oct 31, 2025 | 11.68 Bn |
| Jul 31, 2025 | 11.08 Bn |
| Jul 31, 2025 | 11.08 Bn |
| Apr 30, 2025 | 10.48 Bn |
| Apr 30, 2025 | 10.48 Bn |
| Jan 31, 2025 | 10.66 Bn |
| Jan 31, 2025 | 10.66 Bn |
| Oct 31, 2024 | 11.05 Bn |
| Oct 31, 2024 | 11.05 Bn |
| Jul 31, 2024 | 10.61 Bn |
| Jul 31, 2024 | 10.61 Bn |
| Apr 30, 2024 | 9.78 Bn |
| Apr 30, 2024 | 9.78 Bn |
| Jan 31, 2024 | 10.30 Bn |
| Jan 31, 2024 | 10.30 Bn |