Hp (HPQ) Operating Expenses (2009 - 2026)

Hp (HPQ) reported Operating Expenses of $2.4 billion for Q2 2026, up 15.3% year-over-year from $2.1 billion in Q2 2025, and up 15.8% quarter-over-quarter from $2.1 billion in Q1 2026.

Hp (HPQ) Operating Expenses (2009 - 2026) Analysis & Trends

Hp (HPQ) has 18 years of Operating Expenses data on file, last reported at $2.4 billion in Q2 2026.

  • Operating Expenses for Q2 2026 came in at $2.4 billion, up 15.3% year-over-year; the trailing twelve-month figure through Apr 2026 was $8.6 billion (up 6.98% YoY), and the FY2025 annual result was $8.2 billion, up 2.72% from the prior year.
  • Operating Expenses rose to $2.4 billion in Q2 2026 per HPQ's latest filing, from $2.1 billion in the prior quarter.
  • Over five years, Operating Expenses peaked at $15.7 billion in Q1 2022 and troughed at -$36.6 billion in Q4 2022.
  • A 5-year average of $2.0 billion and a median of $2.1 billion in 2023 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses slumped 338.48% in 2022, then jumped 105.38% in 2023.
  • 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.
  • Business Quant data shows HPQ's Operating Expenses at $2.4 billion in Q2 2026, $2.1 billion in Q1 2026, and $2.0 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 3.64 Bn
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 551.00 Mn
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 519.00 Mn
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 2.11 Bn
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn 486.00 Mn
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 392.81 Mn
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 652.89 Mn
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 2.40 Bn
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 336.18 Mn
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn 347.49 Mn

Historic Data

Download Data
DateValue
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