Growth Metrics

Hp (HPQ) Operating Margin (2016 - 2026)

Hp (HPQ) has disclosed Operating Margin for 18 consecutive years, with 5.26% as the latest value for Q1 2026.

  • On a quarterly basis, Operating Margin fell 100.0% to 5.26% in Q1 2026 year-over-year; TTM through Jan 2026 was 5.49%, a 143.0% decrease, with the full-year FY2025 number at 5.74%, down 139.0% from a year prior.
  • Operating Margin was 5.26% for Q1 2026 at Hp, down from 6.55% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 8.06% in Q3 2022 to a low of 4.95% in Q2 2025.
  • A 5-year average of 6.54% and a median of 6.95% in 2024 define the central range for Operating Margin.
  • Peak YoY movement for Operating Margin: plummeted -276bps in 2022, then soared 221bps in 2023.
  • Hp's Operating Margin stood at 5.02% in 2022, then skyrocketed by 44bps to 7.23% in 2023, then decreased by -2bps to 7.05% in 2024, then fell by -7bps to 6.55% in 2025, then decreased by -20bps to 5.26% in 2026.
  • Per Business Quant, the three most recent readings for HPQ's Operating Margin are 5.26% (Q1 2026), 6.55% (Q4 2025), and 5.14% (Q3 2025).