Hp (HPQ) Operating Expenses (2009 - 2026)
Hp (HPQ) posted quarterly Operating Expenses of $2.4 billion for Q2 2026, up 15.3% YoY from $2.1 billion in Q2 2025, and up 15.8% sequentially from $2.1 billion in Q1 2026.
Hp (HPQ) Operating Expenses (2009 - 2026) Analysis & Trends
Hp has disclosed Operating Expenses across 18 years of filings, most recently posting $2.4 billion for Q2 2026.
- In Q2 2026, Operating Expenses rose 15.3% year-over-year to $2.4 billion; the TTM figure through Apr 2026 stood at $8.6 billion (up 6.98% YoY), while the FY2025 annual figure was $8.2 billion, up 2.72% from the prior year.
- Operating Expenses advanced to $2.4 billion in Q2 2026, from $2.1 billion in the prior quarter.
- Over the last five years, Operating Expenses for HPQ reached as high as $15.7 billion in Q1 2022 and fell as low as -$36.6 billion in Q4 2022.
- The 5-year median for Operating Expenses is $2.1 billion (2023), against an average of $2.0 billion.
- Annual changes were most pronounced in 2022 — Operating Expenses plunged 338.48% — and 2023, when it jumped 105.38%.
- A 5-year view of Operating Expenses shows it stood at -$36.6 billion in 2022, then jumped by 105.38% to $2.0 billion in 2023, then climbed by 1.98% to $2.0 billion in 2024, then slipped by 0.35% to $2.0 billion in 2025, then advanced by 20.02% to $2.4 billion in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $2.4 billion, $2.1 billion, and $2.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Sandisk | 300.77 Bn | 297.03 Bn | 4.66 Bn | 551.00 Mn |
| 2 | Dell Technologies | 276.28 Bn | 264.70 Bn | 7.78 Bn | 4.13 Bn |
| 3 | Arista Networks | 209.63 Bn | 197.28 Bn | 1.68 Bn | 519.00 Mn |
| 4 | Western Digital | 204.64 Bn | 201.41 Bn | 1.68 Bn | 486.00 Mn |
| 5 | Seagate Technology Holdings | 202.26 Bn | 201.11 Bn | 1.45 Bn | 2.11 Bn |
| 6 | Everpure | 25.55 Bn | 24.23 Bn | 723.33 Mn | 703.39 Mn |
| 7 | Hp | 20.30 Bn | 16.60 Bn | 3.02 Bn | 2.40 Bn |
| 8 | Super Micro Computer | 16.60 Bn | 15.31 Bn | 1.02 Bn | 392.81 Mn |
| 9 | Logitech International | 13.89 Bn | 12.15 Bn | 483.28 Mn | 347.49 Mn |
| 10 | D-Wave Quantum | 8.64 Bn | 8.64 Bn | 1.82 Mn | 56.55 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 2.40 Bn |
| Jan 31, 2026 | 2.08 Bn |
| Oct 31, 2025 | 2.00 Bn |
| Jul 31, 2025 | 2.14 Bn |
| Apr 30, 2025 | 2.09 Bn |
| Jan 31, 2025 | 2.00 Bn |
| Oct 31, 2024 | 2.01 Bn |
| Jul 31, 2024 | 1.97 Bn |
| Apr 30, 2024 | 2.07 Bn |
| Jan 31, 2024 | 1.95 Bn |
| Oct 31, 2023 | 1.97 Bn |
| Jul 31, 2023 | 1.87 Bn |
| Apr 30, 2023 | 2.17 Bn |
| Jan 31, 2023 | 2.04 Bn |
| Oct 31, 2022 | -36.61 Bn |
| Jul 31, 2022 | 13.39 Bn |
| Apr 30, 2022 | 15.22 Bn |
| Jan 31, 2022 | 15.71 Bn |
| Oct 31, 2021 | 15.35 Bn |
| Jul 31, 2021 | 13.91 Bn |