Hp (HPQ) Gross Margin (2009 - 2025)

Hp (HPQ) reported Gross Margin of 20.6% for FY2025, down 6.63% year-over-year from 22.07% in FY2024.

Hp (HPQ) Gross Margin (2009 - 2025) Analysis & Trends

Hp (HPQ) has 17 years of Gross Margin data on file, last reported at 20.6% in FY2025.

  • Gross Margin for Q2 2026 came in at 20.93%, up 21.0% year-over-year; the trailing twelve-month figure through Apr 2026 was 20.31% (down 84.0% YoY), and the FY2025 annual result was 20.6%, down 146.0% from the prior year.
  • Gross Margin declined to 20.6% in FY2025 per HPQ's latest filing, from 22.07% in the prior year.
  • Over five years, Gross Margin peaked at 22.07% in FY2024 and troughed at 19.49% in FY2022.
  • A 5-year average of 20.94% and a median of 21.13% in 2021 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2021 and 2022: Gross Margin surged 273 bps in 2021, then plunged 163 bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 21.13% in 2021, then fell by 8 bps to 19.49% in 2022, then grew by 10 bps to 21.42% in 2023, then climbed by 3 bps to 22.07% in 2024, then decreased by 7 bps to 20.6% in 2025.
  • Business Quant data shows HPQ's Gross Margin at 20.6% in FY2025, 22.07% in FY2024, and 21.42% in FY2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Yr)
1 Sandisk 293.14 Bn 289.40 Bn 4.66 Bn -
2 Dell Technologies 258.65 Bn 247.07 Bn 7.78 Bn -
3 Arista Networks 205.49 Bn 193.14 Bn 1.68 Bn -
4 Seagate Technology Holdings 202.04 Bn 200.90 Bn 1.45 Bn -
5 Western Digital 192.49 Bn 189.26 Bn 1.68 Bn -
6 Everpure 24.01 Bn 22.69 Bn 723.33 Mn -
7 Hp 23.29 Bn 19.59 Bn 3.02 Bn -
8 IonQ 20.76 Bn 18.74 Bn 15.41 Mn -
9 Super Micro Computer 18.20 Bn 16.91 Bn 1.02 Bn -
10 Logitech International 16.28 Bn 14.54 Bn 483.28 Mn 43.20%

Historic Data

Download Data
DateValue
Oct 31, 2025 20.60%
Oct 31, 2024 22.07%
Oct 31, 2023 21.42%
Oct 31, 2022 19.49%
Oct 31, 2021 21.13%
Oct 31, 2020 18.40%
Oct 31, 2019 19.01%
Oct 31, 2018 18.25%
Oct 31, 2017 18.40%
Oct 31, 2016 18.65%
Oct 31, 2015 19.31%
Oct 31, 2014 19.81%
Oct 31, 2013 22.86%
Oct 31, 2012 58.14%
Oct 31, 2011 62.31%
Oct 31, 2010 64.05%
Oct 31, 2009 -40.82%