Hp (HPQ) Operating Expenses (2009 - 2026)
Hp (HPQ) posted quarterly 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 reported Operating Expenses for 18 consecutive years, with $2.4 billion the latest figure, recorded in 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 climbed to $2.4 billion in Q2 2026 per HPQ's latest filing, from $2.1 billion in the prior quarter.
- Across five years, Operating Expenses topped out at $15.7 billion in Q1 2022 and bottomed at -$36.6 billion in Q4 2022.
- Historically, Operating Expenses has averaged $2.0 billion across 5 years, with a median of $2.1 billion in 2023.
- Annual changes were most pronounced in 2022 — Operating Expenses slumped 338.48% — and 2023, when it jumped 105.38%.
- Hp's Operating Expenses stood at -$36.6 billion in 2022, then surged by 105.38% to $2.0 billion in 2023, then grew by 1.98% to $2.0 billion in 2024, then dropped by 0.35% to $2.0 billion in 2025, then climbed 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 | 279.74 Bn | 268.16 Bn | 7.78 Bn | 4.13 Bn |
| 2 | Arista Networks | 233.03 Bn | 220.67 Bn | 1.68 Bn | 519.00 Mn |
| 3 | Sandisk | 191.00 Bn | 187.26 Bn | 4.66 Bn | 551.00 Mn |
| 4 | Seagate Technology Holdings | 182.93 Bn | 181.79 Bn | 1.45 Bn | 2.11 Bn |
| 5 | Western Digital | 180.27 Bn | 177.03 Bn | 1.68 Bn | 486.00 Mn |
| 6 | Everpure | 26.48 Bn | 24.98 Bn | 723.33 Mn | 703.39 Mn |
| 7 | Hp | 25.04 Bn | 21.33 Bn | 3.02 Bn | 2.40 Bn |
| 8 | Super Micro Computer | 17.15 Bn | 15.86 Bn | 1.02 Bn | 392.81 Mn |
| 9 | Logitech International | 15.08 Bn | 13.33 Bn | 607.94 Mn | 349.39 Mn |
| 10 | IonQ | 13.97 Bn | 11.94 Bn | 15.41 Mn | 336.18 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 |