Hp (HPQ) Cost of Revenue (2009 - 2026)
Hp (HPQ) posted Cost of Revenue of $12.73 billion for fiscal Q3 2026 (quarter ended Jul 31, 2026), up 14.9% from $11.08 billion a year earlier and up 11.8% from the prior quarter.
Powered by 
Analysis
Hp (HPQ) Cost of Revenue (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jul 31, 2026, Cost of Revenue at Hp was $47.4 billion, up 9.5% year-over-year; for FY2025 (ended Oct 31, 2025), it was $43.9 billion, up 5.2% from FY2024.
- Annual Cost of Revenue shows a five-year compound annual growth rate of -1.0% (FY2020 to FY2025).
- In prior fiscal years, Hp's Cost of Revenue was $41.74 billion in FY2024 (-1.1%), $42.21 billion in FY2023 (-16.7%), $50.65 billion in FY2022 (+1.2%) and $50.05 billion in FY2021 (+8.3%).
- The fiscal Q3 2026 figure stands as the highest quarterly Cost of Revenue since fiscal Q2 2022.
- On a year-over-year basis, Cost of Revenue has increased in each of the last nine quarters, with growth averaging 6.9% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was fiscal Q3 2026, with growth of 14.9%; the weakest was fiscal Q2 2023, with a decline of 24.2%.
- According to Business Quant data, Cost of Revenue for the three prior fiscal quarters was $11.39 billion (Q2 2026), $11.6 billion (Q1 2026) and $11.68 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,028.22 Bn | 4,775.71 Bn | 54.77 Bn | 54.65 Bn |
| 2 | Cisco Systems | 420.88 Bn | 356.80 Bn | 11.06 Bn | 6.19 Bn |
| 3 | Dell Technologies | 293.18 Bn | 248.94 Bn | 9.83 Bn | 37.14 Bn |
| 4 | Arista Networks | 230.46 Bn | 183.91 Bn | 1.91 Bn | 1.13 Bn |
| 5 | Sandisk | 201.65 Bn | 190.18 Bn | 7.58 Bn | 1.38 Bn |
| 6 | Sony | 148.11 Bn | 85.38 Bn | 6.53 Bn | 11.27 Bn |
| 7 | Seagate Technology Holdings | 144.57 Bn | 139.56 Bn | 1.90 Bn | 1.73 Bn |
| 8 | Western Digital | 121.56 Bn | 109.69 Bn | 2.03 Bn | 1.72 Bn |
| 9 | Hewlett Packard Enterprise | 74.47 Bn | 52.35 Bn | 4.93 Bn | 7.29 Bn |
| 10 | Hp | 27.78 Bn | 13.05 Bn | 2.95 Bn | 12.73 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 12.73 Bn |
| Apr 30, 2026 | 11.39 Bn |
| Jan 31, 2026 | 11.60 Bn |
| Oct 31, 2025 | 11.68 Bn |
| Jul 31, 2025 | 11.08 Bn |
| Apr 30, 2025 | 10.48 Bn |
| Jan 31, 2025 | 10.66 Bn |
| Oct 31, 2024 | 11.05 Bn |
| Jul 31, 2024 | 10.61 Bn |
| Apr 30, 2024 | 9.78 Bn |
| Jan 31, 2024 | 10.30 Bn |
| Oct 31, 2023 | 10.83 Bn |
| Jul 31, 2023 | 10.37 Bn |
| Apr 30, 2023 | 9.99 Bn |
| Jan 31, 2023 | 11.01 Bn |
| Oct 31, 2022 | 12.08 Bn |
| Jul 31, 2022 | 11.76 Bn |
| Apr 30, 2022 | 13.18 Bn |
| Jan 31, 2022 | 13.62 Bn |
| Oct 31, 2021 | 13.39 Bn |
API Access
Hp Cost of Revenue API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HPQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "HPQ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=HPQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();