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| 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 |