Hp (HPQ) Cost of Revenue (2009 - 2026)
Hp (HPQ) posted quarterly 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 reported Cost of Revenue for 18 consecutive years, with $11.4 billion the latest figure, recorded in 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 declined to $11.4 billion in Q2 2026 per HPQ's latest filing, from $11.6 billion in the prior quarter.
- Across five years, Cost of Revenue topped out at $13.6 billion in Q1 2022 and bottomed at $9.8 billion in Q2 2024.
- Historically, Cost of Revenue has averaged $11.2 billion across 5 years, with a median of $11.0 billion in 2023.
- Annual changes were most pronounced in 2022 — Cost of Revenue advanced 10.55% — and 2023, when it decreased 24.17%.
- Hp's Cost of Revenue stood at $12.1 billion in 2022, then dropped by 10.35% to $10.8 billion in 2023, then rose by 2.05% to $11.1 billion in 2024, then grew by 5.64% to $11.7 billion in 2025, then decreased 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 | 279.74 Bn | 268.16 Bn | 7.78 Bn | 36.06 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 1.03 Bn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 1.29 Bn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 1.67 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 1.66 Bn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 329.56 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 11.39 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 9.22 Bn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 619.29 Mn |
| 10 | IonQ | 13.97 Bn | 11.94 Bn | 15.41 Mn | 49.25 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 |