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
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