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Gross Profit for HP (HPQ)

According to HP's latest reported financial statements, the company's current gross profit (TTM) is $11.33B USD. Gross profit equals revenue minus the cost of goods sold (COGS) — what remains from sales after the direct cost of producing the product or service. It does not yet subtract operating expenses, interest, or taxes (see operating income and net income for those steps). Higher gross profit (and gross margin) generally signals pricing power and production efficiency.

Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

HP Inc. logo
HP

HPQ

TTM (last 4 quarters)

$11.33B

YoY change

-6.5%

5Y CAGR

+1.2%

Peak year (2010)

$30.18B

Cumulative gross profit

$572.13B

Gross Profit history chart for HP (HPQ) from 1985 to 2025

Gross Profit history table for HP (HPQ) from 1985 to 2025

Fiscal yearPeriod endedReportedGross ProfitYoY
2025$11.05B-6.5%
2024$11.82B+2.7%
2023$11.51B-6.2%
2022$12.26B-8.5%
2021$13.41B+28.7%
2020$10.42B-6.7%
2019$11.17B+4.7%
2018$10.67B+11.4%
2017$9.58B+6.4%
2016$9.00B-9.5%
2015$9.94B-11.4%
2014$11.22B-56.7%
2013$25.92B-7.3%
2012$27.97B-6.2%
2011$29.83B-1.2%
2010$30.18B+11.7%
2009$27.03B-5.7%
2008$28.66B+10.5%
2007$25.93B+16.6%
2006$22.23B+9.8%
2005$20.26B+6.1%
2004$19.09B-0.6%
2003$19.20B+27.9%
2002$15.01B+25.4%
2001$11.97B-14.9%
2000$14.06B+11.1%
1999$12.65B+8.8%
1998$11.63B+6.3%
1997$10.94B-15.3%
1996$12.92B+12.3%
1995$11.51B+21.1%
1994$9.50B+16.0%
1993$8.19B+13.0%
1992$7.25B-0.1%
1991$7.26B+6.7%
1990$6.81B+8.5%
1989$6.27B+14.6%
1988$5.47B+17.8%
1987$4.65B+14.2%
1986$4.07B+11.9%
1985$3.64B

Gross Profit values are taken from HP's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.

Analysis

HP (HPQ) most recent annual gross profit stands at $11.05B (2025) – declined 6.5% year-over-year.

Through 2020–2025 (5 years), HP gross profit delivered a +1.2% annualised rate; with the latest reading among the more recent periods of the dataset.

Between 2010 and 2025, HP gross profit plunged 63.4%, falling from $30.18B to $11.05B.

The highest annual gross profit of $30.18B was reported in 2010. The lowest in the available history was $3.64B in 1985.

Among 8 Technology peers, HP (HPQ) ranks 9th; the peer median for gross profit is $98.38B.

HP Gross Profit by Year

HP Gross Profit 2025: $11.05B

HP gross profit in 2025 was $11.05B, declined 6.5% below 2024.

HP Gross Profit 2024: $11.82B

HP gross profit in 2024 was $11.82B, edged up 2.7% from 2023.

HP Gross Profit 2023: $11.51B

HP gross profit in 2023 was $11.51B, declined 6.2% below 2022.

HP Gross Profit 2022: $12.26B

HP gross profit in 2022 was $12.26B, declined 8.5% below 2021.

HP Gross Profit 2021: $13.41B

HP gross profit in 2021 was $13.41B.

See more financial history for HP (HPQ).

Sector peers — Gross Profit

Companies in the same sector as HP, ranked by their latest gross profit.

CompanyGross ProfitSector
Taiwan Semiconductor Manufacturing Company Limited (TSM)$2.30TTechnology
Apple Inc. (AAPL)$195.20BTechnology
Microsoft Corporation (MSFT)$193.89BTechnology
NVIDIA Corporation (NVDA)$153.46BTechnology
Broadcom Inc. (AVGO)$43.29BTechnology
ASML Holding N.V. (ASML)$17.26BTechnology
Advanced Micro Devices, Inc. (AMD)$17.15BTechnology
Micron Technology, Inc. (MU)$14.87BTechnology

Frequently asked questions

What is HP's gross profit?

Latest reported gross profit for HP (HPQ) is $11.33B (period ending January 31, 2026).

How has HP gross profit changed year-over-year?

HP (HPQ) gross profit changed -6.5% year-over-year on the latest annual filing.

What is the long-term growth rate of HP gross profit?

HP (HPQ) gross profit compound annual growth rate is +1.2% over the most recent 5 years available.

When did HP gross profit hit its highest annual value?

HP gross profit reached its highest annual value of $30.18B in 2010.

What was HP gross profit in 2024?

HP (HPQ) gross profit in 2024 was $11.82B.

What was HP gross profit in 2025?

HP (HPQ) gross profit in 2025 was $11.05B.

Metrics overview

Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.