Hp (HPQ) Cost of Revenue (2009 - 2026)
Hp (HPQ) posted quarterly Cost of Revenue of $11.4 billion for Q2 2026, up 8.69% YoY from $10.5 billion in Q2 2025, and down 1.82% sequentially from $11.6 billion in Q1 2026.
Hp (HPQ) Cost of Revenue (2009 - 2026) Analysis & Trends
Hp has disclosed Cost of Revenue across 18 years of filings, most recently posting $11.4 billion for Q2 2026.
- In Q2 2026, Cost of Revenue rose 8.69% year-over-year to $11.4 billion; the TTM figure through Apr 2026 stood at $45.8 billion (up 6.87% YoY), while the FY2025 annual figure was $43.9 billion, up 5.18% from the prior year.
- Cost of Revenue eased to $11.4 billion in Q2 2026, from $11.6 billion in the prior quarter.
- Over the last five years, Cost of Revenue for HPQ reached as high as $13.6 billion in Q1 2022 and fell as low as $9.8 billion in Q2 2024.
- The 5-year median for Cost of Revenue is $11.0 billion (2023), against an average of $11.2 billion.
- Annual changes were most pronounced in 2022 — Cost of Revenue advanced 10.55% — and 2023, when it decreased 24.17%.
- 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.
- According to Business Quant data, Cost of Revenue over the past three periods registered $11.4 billion, $11.6 billion, and $11.7 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 1.29 Bn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 36.06 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 141.60 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 1.66 Bn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 1.67 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 347.86 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 11.39 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 9.22 Bn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 214.94 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | 1.04 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 |