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
DateValue
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