Hp (HPQ) Operating Margin (2009 - 2026)

Hp has disclosed Operating Margin across 18 years of filings, most recently posting 4.25% for Q2 2026.

• In Q2 2026, Operating Margin fell 70.0% year-over-year to 4.25%; the TTM figure through Apr 2026 stood at 5.31% (down 101.0% YoY), while the FY2025 annual figure was 5.74%, down 139.0% from the prior year.
• Operating Margin slipped to 4.25% in Q2 2026, from 5.26% in the prior quarter.
• Over the last five years, Operating Margin for HPQ reached as high as 8.57% in Q3 2022 and fell as low as 4.25% in Q2 2026.
• The 5-year median for Operating Margin is 6.75% (2025), against an average of 6.42%.
• Annual changes were most pronounced in 2022 — Operating Margin plunged 276 bps — and 2023, when it soared 232 bps.
• A 5-year view of Operating Margin shows it stood at 5.02% in 2022, then surged by 46 bps to 7.34% in 2023, then dropped by 4 bps to 7.05% in 2024, then decreased by 7 bps to 6.55% in 2025, then sank by 35 bps to 4.25% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 4.25%, 5.26%, and 6.55% for Q2 2026, Q1 2026, and Q4 2025 respectively.