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

Hp (HPQ) Operating Margin (2009 - 2026)

Hp's (HPQ) quarterly Operating Margin came in at 5.69% in Q3 2026, up 55.0% year-over-year from 3.67% in Q3 2025, and up 33.95% quarter-over-quarter from 4.25% in Q2 2026.

Analysis

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

Hp (HPQ) has reported Operating Margin for 18 consecutive years, with 5.69% the latest figure, recorded in Q3 2026.

  • On a quarterly basis, Operating Margin rose 55.0% year-over-year to 5.69% in Q3 2026; TTM through Jul 2026 was 5.45%, a 41.0% decrease from a year earlier, with the FY2025 full-year figure at 5.74%, down 139.0% from the prior year.
  • Operating Margin was 5.69% for Q3 2026 at Hp, up from 4.25% in the prior quarter.
  • Over five years, Operating Margin peaked at 8.57% in Q3 2022 and troughed at 4.25% in Q2 2026.
  • A 5-year average of 6.38% and a median of 6.55% in 2025 frame the typical range for Operating Margin.
  • Across the five-year window, Operating Margin tumbled 276 bps in 2022 and surged 232 bps in 2023, its largest moves.
  • Over 5 years, Operating Margin stood at 5.02% in 2022, then jumped by 46 bps to 7.34% in 2023, then slipped by 4 bps to 7.05% in 2024, then retreated by 7 bps to 6.55% in 2025, then dropped by 13 bps to 5.69% in 2026.
  • The last three Operating Margin figures came in at 5.69% (Q3 2026), 4.25% (Q2 2026), and 5.26% (Q1 2026), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Hp 31.10 Bn 26.93 Bn 2.95 Bn 5.69%
Historic Data

Historic Data

Download Data
DateValue
Jul 31, 2026 5.69%
Apr 30, 2026 4.25%
Jan 31, 2026 5.26%
Oct 31, 2025 6.55%
Jul 31, 2025 5.14%
Apr 30, 2025 4.95%
Jan 31, 2025 6.26%
Oct 31, 2024 7.05%
Jul 31, 2024 6.95%
Apr 30, 2024 7.44%
Jan 31, 2024 7.09%
Oct 31, 2023 7.34%
Jul 31, 2023 7.21%
Apr 30, 2023 5.79%
Jan 31, 2023 5.38%
Oct 31, 2022 5.02%
Jul 31, 2022 8.57%
Apr 30, 2022 7.63%
Jan 31, 2022 7.67%
Oct 31, 2021 7.78%
API Access

Hp Operating Margin 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-margin&ticker=HPQ&period=max&api_key=YOUR_API_KEY