Growth Metrics

Hp (HPQ) Operating Margin (2016 - 2026)

Hp has reported Operating Margin over the past 18 years, most recently at 5.26% for Q1 2026.

  • Quarterly Operating Margin fell 100.0% to 5.26% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 5.49% through Jan 2026, down 143.0% year-over-year, with the annual reading at 5.74% for FY2025, 139.0% down from the prior year.
  • Operating Margin was 5.26% for Q1 2026 at Hp, down from 6.55% in the prior quarter.
  • Over five years, Operating Margin peaked at 8.57% in Q3 2022 and troughed at 4.95% in Q2 2025.
  • The 5-year median for Operating Margin is 6.95% (2024), against an average of 6.55%.
  • Year-over-year, Operating Margin plummeted -276bps in 2022 and then soared 232bps in 2023.
  • A 5-year view of Operating Margin shows it stood at 5.02% in 2022, then surged by 46bps to 7.34% in 2023, then dropped by -4bps to 7.05% in 2024, then decreased by -7bps to 6.55% in 2025, then dropped 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).