HP Inc.
HPQ Technology Computer Hardware
HP Inc.’s revenue for fiscal 2025 (year ended October 2025) was $55.3 billion, up 3.24% from fiscal 2024.
- Revenue
- +12.5%
- EPS
- −11.1%
- Free cash flow
- +7.05%
- Total debt
- −10.4%
Quarter to July 2026, against a year earlier
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HP Inc. (HPQ) Gross margin
HP Inc.'s gross margin over the twelve months to 31 July 2026 was 19.9%, down 0.7 percentage points from fiscal 2025 (20.6%). Over the past ten years it has ranged from 18.3% (fiscal 2018) to 22.1% (fiscal 2024); the current reading is higher than 73% of that period. That is below the Computer Hardware industry median of 34.7% and below the Technology sector median of 46.9%.
Gross margin, annual
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Annual newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| FY2025 | 20.6% | (1.47) |
| FY2024 | 22.1% | 0.65 |
| FY2023 | 21.4% | 1.93 |
| FY2022 | 19.5% | (1.64) |
| FY2021 | 21.1% | 2.73 |
| FY2020 | 18.4% | (0.61) |
| FY2019 | 19.0% | 0.76 |
| FY2018 | 18.3% | (0.15) |
| FY2017 | 18.4% | (0.25) |
| FY2016 | 18.7% | (0.66) |
Quarterly newest first
| Period | Gross margin | Change (points) |
|---|---|---|
| Jul 2026 | 18.8% | (2.14) |
| Apr 2026 | 20.9% | 1.29 |
| Jan 2026 | 19.6% | (0.59) |
| Oct 2025 | 20.2% | (0.23) |
| 43 more quarters | Free account |
Against its own ten years
Gross margin against peers
| Company | Gross margin |
|---|---|
| SNDK Sandisk Corporation compare | 80.0% |
| P Everpure, Inc. compare | 69.7% |
| QBTS D-Wave Quantum Inc. compare | 64.2% |
| WDC Western Digital Corporation compare | 52.6% |
| STX Seagate Technology Holdings PLC compare | 50.4% |
| LOGI Logitech International S.A. compare | 45.5% |
| IONQ IonQ, Inc. compare | 24.1% |
| HPQ HP Inc. | 19.9% |
| SMCI Super Micro Computer, Inc. compare | 11.7% |
| Computer Hardware industry median | 34.7% |
| Technology sector median | 46.9% |
| Market median | 45.1% |
What Gross margin is
Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.
Gross Profit ÷ Revenue
More on HPQ
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement