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

28.58 0.86 −2.92%
Market cap
$26.6B
P/E
11.2×
Fwd P/E
11.2×
Dividend yield
4.06%
F-score
5/9
Altman Z
1.68
Beneish M
−2.49
Dividend safety
81/100

HP Inc. (HPQ) Operating margin

Alert me on Operating margin

HP Inc.'s operating margin over the twelve months to 31 July 2026 was 5.45%, down 0.3 percentage points from fiscal 2025 (5.74%). Over the past ten years it has ranged from 5.74% (fiscal 2025) to 8.44% (fiscal 2021) — the current reading is the lowest in ten years. That is above the Computer Hardware industry median of −0.80% and above the Technology sector median of 0.02%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 5.74% (1.39)
FY2024 7.13% 0.70
FY2023 6.43% (0.82)
FY2022 7.25% (1.19)
FY2021 8.44% 2.36
FY2020 6.08% (0.52)
FY2019 6.60% 0.05
FY2018 6.55% 0.08
FY2017 6.47% (0.89)
FY2016 7.36% (0.26)

Quarterly newest first

Period Operating margin Change (points)
Jul 2026 5.69% 1.44
Apr 2026 4.25% (1.01)
Jan 2026 5.26% (1.29)
Oct 2025 6.55% 1.41
43 more quarters

Against its own ten years

Low 5.74% High 8.44%
Ten-year median 6.60%
Current reading's percentile 5

Operating margin against peers

Company Operating margin
SNDK Sandisk Corporation compare 72.5%
STX Seagate Technology Holdings PLC compare 39.6%
WDC Western Digital Corporation compare 39.4%
LOGI Logitech International S.A. compare 17.8%
SMCI Super Micro Computer, Inc. compare 8.62%
HPQ HP Inc. 5.45%
P Everpure, Inc. compare 5.26%
IONQ IonQ, Inc. compare −333.9%
QBTS D-Wave Quantum Inc. compare −1,372.9%
Computer Hardware industry median −0.80%
Technology sector median 0.02%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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