Hp HPQ
NYSE HPQ
$32.96 -1.44 (-4.20%)
As of: Sep 21, 2026 · 3:59 PM EDT

Hp (HPQ) Operating Expenses (2009 - 2026)

Hp's (HPQ) quarterly Operating Expenses came in at $2.1 billion in Q3 2026, down 3.84% year-over-year from $2.1 billion in Q3 2025, and down 14.6% quarter-over-quarter from $2.4 billion in Q2 2026.

Analysis

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

Hp (HPQ) has reported Operating Expenses for 18 consecutive years, with $2.1 billion the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Operating Expenses fell 3.84% year-over-year to $2.1 billion in Q3 2026; TTM through Jul 2026 was $8.5 billion, a 3.78% increase from a year earlier, with the FY2025 full-year figure at $8.2 billion, up 2.72% from the prior year.
  • Operating Expenses was $2.1 billion for Q3 2026 at Hp, down from $2.4 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 2026 frame the typical range for Operating Expenses.
  • Across the five-year window, Operating Expenses tumbled 338.48% in 2022 and soared 105.38% in 2023, its largest moves.
  • Over 5 years, Operating Expenses stood at -$36.6 billion in 2022, then soared by 105.38% to $2.0 billion in 2023, then advanced by 1.98% to $2.0 billion in 2024, then decreased by 0.35% to $2.0 billion in 2025, then rose by 2.5% to $2.1 billion in 2026.
  • The last three Operating Expenses figures came in at $2.1 billion (Q3 2026), $2.4 billion (Q2 2026), and $2.1 billion (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Hp 31.10 Bn 26.93 Bn 2.95 Bn 2.05 Bn
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 2.05 Bn
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
API Access

Hp Operating Expenses 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=operating-expenses&ticker=HPQ&period=max&api_key=YOUR_API_KEY