Hp (HPQ) Gross Margin (2009 - 2026)
Hp's (HPQ) quarterly Gross Margin came in at 18.79% in Q3 2026, down 168.0% year-over-year from 27.63% in Q3 2025, and down 10.26% quarter-over-quarter from 20.93% in Q2 2026.
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Analysis
Hp (HPQ) Gross Margin (2009 - 2026) Analysis & Trends
Hp (HPQ) has reported Gross Margin for 18 consecutive years, with 18.79% the latest figure, recorded in Q3 2026.
- On a quarterly basis, Gross Margin fell 168.0% year-over-year to 18.79% in Q3 2026; TTM through Jul 2026 was 19.87%, a 102.0% decrease from a year earlier, with the FY2025 full-year figure at 20.6%, down 146.0% from the prior year.
- Gross Margin was 18.79% for Q3 2026 at Hp, down from 20.93% in the prior quarter.
- Over five years, Gross Margin peaked at 23.62% in Q2 2024 and troughed at 18.21% in Q4 2022.
- A 5-year average of 20.73% and a median of 20.72% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin surged 339 bps in 2023 and sank 290 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 18.21% in 2022, then gained by 19 bps to 21.6% in 2023, then fell by 1 bps to 21.35% in 2024, then declined by 5 bps to 20.23% in 2025, then slipped by 7 bps to 18.79% in 2026.
- The last three Gross Margin figures came in at 18.79% (Q3 2026), 20.93% (Q2 2026), and 19.64% (Q1 2026), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hp | 31.10 Bn | 26.93 Bn | 2.95 Bn | 18.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 18.79% |
| Apr 30, 2026 | 20.93% |
| Jan 31, 2026 | 19.64% |
| Oct 31, 2025 | 20.23% |
| Jul 31, 2025 | 20.46% |
| Apr 30, 2025 | 20.72% |
| Jan 31, 2025 | 21.03% |
| Oct 31, 2024 | 21.35% |
| Jul 31, 2024 | 21.50% |
| Apr 30, 2024 | 23.62% |
| Jan 31, 2024 | 21.90% |
| Oct 31, 2023 | 21.60% |
| Jul 31, 2023 | 21.39% |
| Apr 30, 2023 | 22.58% |
| Jan 31, 2023 | 20.20% |
| Oct 31, 2022 | 18.21% |
| Jul 31, 2022 | 19.69% |
| Apr 30, 2022 | 20.01% |
| Jan 31, 2022 | 19.93% |
| Oct 31, 2021 | 19.55% |
API Access
Hp Gross Margin 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=gross-margin&ticker=HPQ&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=HPQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();