What is the current annual operating margin of HPQ?

As of today, HPQ annual operating margin is 6.55%

What is 1-year change in HPQ annual operating margin?

HPQ annual operating margin is down -11.61% year-over-year

What is 3-year change in HPQ annual operating margin?

HPQ annual operating margin is down -6.43% over the past 3 years

How far is HPQ annual operating margin from its all-time high?

HPQ annual operating margin is currently -61.20% below its historical high of 16.88% set on October 1, 1980

How does HPQ annual operating margin rank versus sector peers?

HPQ annual operating margin is higher than 63.55% of companies in Technology sector

When is HPQ next annual earnings release?

The next annual earnings release for HPQ is on November 24, 2026

What is the current quarterly operating margin of HPQ?

As of today, HPQ quarterly operating margin is 6.17%

What is HPQ quarterly operating margin most recent change?

HPQ quarterly operating margin was down -17.51% on July 31, 2026

What is 1-year change in HPQ quarterly operating margin?

HPQ quarterly operating margin is down -16.17% year-over-year

How far is HPQ quarterly operating margin from its all-time high?

HPQ quarterly operating margin is currently -52.06% below its historical high of 12.87% set on January 31, 1996

How does HPQ quarterly operating margin rank versus sector peers?

HPQ quarterly operating margin is higher than 55.40% of companies in Technology sector

When is HPQ next earnings release?

The next earnings release for HPQ is on November 24, 2026

HP Inc. (HPQ) Operating Margin History & Chart Since 1980

Annual Operating Margin

6.55%0.86%-11.61%

October 31, 2025

Summary

Current Value: As of today, HPQ annual operating margin is 6.55%, down -11.61% on October 31, 2025
Historical Performance: HPQ annual operating margin is down -6.43% over the past 3 years, down -3.96% over the past 5 years
All-Time High Comparison: HPQ annual operating margin is currently -61.20% below its historical high of 16.88% set on October 1, 1980
3-Year Low Comparison: HPQ annual operating margin is at its 3-year low
Sector Comparison: HPQ annual operating margin is higher than 63.55% of companies in Technology sector

Operating Margin Chart

beforeafter

Performance

HPQ Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Oct 31, 25	6.55%	-11.6%	-6.4%	-4.0%	-34.0%
Quarterly Operating Margin	Jul 31, 26	6.17%	-16.2%	-28.8%	-37.9%	-35.3%
Price	Sep 3, 26	$31.93	+10.4%	+5.1%	+6.9%	+188.9%
PE Ratio	Sep 3, 26	12.17	+15.7%	-11.2%	+31.6%	+368.1%
Annual Revenue	Oct 31, 25	$55.33B	+4.1%	-10.8%	-2.1%	-56.0%
Annual Operating Profit	Oct 31, 25	$3.62B	-8.0%	-16.6%	-6.0%	-71.0%
Annual Gross Margin	Oct 31, 25	19.98%	-5.5%	+10.1%	+10.3%	-10.4%
Annual Net Margin	Oct 31, 25	4.57%	-12.4%	-9.5%	-9.2%	-34.4%

Operating Margin Highs

HPQ Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	7.76%	Oct 31, 23	-15.6%
5Y	8.69%	Oct 31, 21	-24.6%
All	16.88%	Oct 1, 80	-61.2%

Operating Margin Lows

HPQ Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	6.55%	Oct 31, 25	at low
5Y	6.55%	Oct 31, 25	at low
All	4.00%	Oct 31, 02	+63.8%

Operating Margin History

Year	Value	Change
2025	6.55%	-11.6%
2024	7.41%	-4.5%
2023	7.76%	+10.9%
2022	7.00%	-19.4%
2021	8.69%	+27.4%
2020	6.82%	+4.4%
2019	6.53%	+0.8%
2018	6.48%	-19.4%
2017	8.04%	+13.2%
2016	7.10%	+14.1%
2015	6.22%	-22.3%
2014	8.00%	+8.7%
2013	7.36%	+0.5%
2012	7.32%	-21.7%
2011	9.35%	-5.8%
2010	9.93%	+8.8%
2009	9.13%	-0.2%
2008	9.15%	+8.7%
2007	8.42%	+13.9%
2006	7.39%	+29.2%
2005	5.72%	+3.1%
2004	5.55%	+2.0%
2003	5.44%	+36.0%

Year	Value	Change
2002	4.00%	-3.8%
2001	4.16%	-49.1%
2000	8.18%	-6.0%
1999	8.70%	+6.6%
1998	8.16%	-19.4%
1997	10.12%	+4.3%
1996	9.70%	-14.3%
1995	11.32%	+11.0%
1994	10.20%	+10.3%
1993	9.25%	+8.1%
1992	8.56%	+2.5%
1991	8.35%	-4.9%
1990	8.78%	-13.8%
1989	10.19%	-7.6%
1988	11.03%	-1.4%
1987	11.19%	+1.9%
1986	10.98%	-5.8%
1985	11.65%	-18.1%
1984	14.23%	-8.0%
1983	15.46%	-2.7%
1982	15.89%	-2.0%
1981	16.21%	-4.0%
1980	16.88%	-

FAQ

What is the current annual operating margin of HPQ?: As of today, HPQ annual operating margin is 6.55%
What is 1-year change in HPQ annual operating margin?: HPQ annual operating margin is down -11.61% year-over-year
What is 3-year change in HPQ annual operating margin?: HPQ annual operating margin is down -6.43% over the past 3 years
How far is HPQ annual operating margin from its all-time high?: HPQ annual operating margin is currently -61.20% below its historical high of 16.88% set on October 1, 1980
How does HPQ annual operating margin rank versus sector peers?: HPQ annual operating margin is higher than 63.55% of companies in Technology sector
When is HPQ next annual earnings release?: The next annual earnings release for HPQ is on November 24, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

6.17%1.31%-17.51%

July 31, 2026

Summary

Current Value: As of today, HPQ quarterly operating margin is 6.17%, down -17.51% on July 31, 2026
Historical Performance: HPQ quarterly operating margin is down -16.17% year-over-year, down -28.75% over the past 3 years
All-Time High Comparison: HPQ quarterly operating margin is currently -52.06% below its historical high of 12.87% set on January 31, 1996
3-Year Low Comparison: HPQ quarterly operating margin is +7.12% above its 3-year low of 5.76% reached on April 30, 2025
Sector Comparison: HPQ quarterly operating margin is higher than 55.40% of companies in Technology sector

Performance

HPQ Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jul 31, 26	6.17%	-17.5%	-16.2%	-28.8%	-37.9%
Annual Operating Margin	Oct 31, 25	6.55%	–	-11.6%	-6.4%	-4.0%
Price	Sep 3, 26	$31.93	+21.4%	+10.4%	+5.1%	+6.9%
PE Ratio	Sep 3, 26	12.17	+25.3%	+15.7%	-11.2%	+31.6%
Quarterly Revenue	Jul 31, 26	$15.69B	+8.2%	+11.1%	+18.6%	+2.2%
Quarterly Operating Profit	Jul 31, 26	$968.00M	-10.7%	-6.8%	-15.5%	-36.5%
Quarterly Gross Margin	Jul 31, 26	18.45%	-11.6%	-10.1%	-12.8%	-17.0%
Quarterly Net Margin	Jul 31, 26	4.21%	+35.8%	-22.2%	-27.3%	-41.7%

Quarterly Operating Margin Highs

HPQ Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	7.93%	Oct 31, 25	-22.2%
3Y	8.66%	N/A	-28.8%
5Y	9.94%	N/A	-37.9%
All	12.87%	Jan 31, 96	-52.1%

Quarterly Operating Margin Lows

HPQ Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	6.17%	Jul 31, 26	at low
3Y	5.76%	Apr 30, 25	+7.1%
5Y	4.56%	Oct 31, 22	+35.3%
All	-241.07%	Oct 31, 85	+102.6%

Quarterly Operating Margin History

Month	Value	Change
Jul 2026	6.17%	-17.5%
Apr 2026	7.48%	+20.8%
Jan 2026	6.19%	-21.9%
Oct 2025	7.93%	+7.7%
Jul 2025	7.36%	+27.8%
Apr 2025	5.76%	-12.2%
Jan 2025	6.56%	-16.8%
Oct 2024	7.88%	+14.4%
Jul 2024	6.89%	-15.7%
Apr 2024	8.17%	+22.1%
Jan 2024	6.69%	-21.8%
Oct 2023	8.56%	-1.2%
Jul 2023	8.66%	-4.9%
Apr 2023	9.11%	+91.8%
Jan 2023	4.75%	+4.2%
Oct 2022	4.56%	-34.7%
Jul 2022	6.98%	-10.2%
Apr 2022	7.77%	-6.0%
Jan 2022	8.27%	+13.1%
Oct 2021	7.31%	-26.5%
Jul 2021	9.94%	+2.6%
Apr 2021	9.69%	+1.6%
Jan 2021	9.54%	+24.5%
Oct 2020	7.66%	+50.8%
Jul 2020	5.08%	-26.5%
Apr 2020	6.91%	-8.4%
Jan 2020	7.54%	+17.4%
Oct 2019	6.42%	-7.0%
Jul 2019	6.90%	-4.4%
Apr 2019	7.22%	+33.0%
Jan 2019	5.43%	+112.1%
Oct 2018	2.56%	-64.3%
Jul 2018	7.18%	-20.1%
Apr 2018	8.99%	+28.4%
Jan 2018	7.00%	-23.7%
Oct 2017	9.17%	+11.0%
Jul 2017	8.26%	+6.2%
Apr 2017	7.78%	+14.2%
Jan 2017	6.81%	-2.3%
Oct 2016	6.97%	-14.0%
Jul 2016	8.10%	+5.2%
Apr 2016	7.70%	+2.9%
Jan 2016	7.48%	+9.4%
Oct 2015	6.84%	+1.9%
Jul 2015	6.71%	+12.4%
Apr 2015	5.97%	-14.2%
Jan 2015	6.96%	-15.5%
Oct 2014	8.24%	+2.6%
Jul 2014	8.03%	+1.5%
Apr 2014	7.91%	+1.3%
Jan 2014	7.81%	-4.6%
Oct 2013	8.19%	+15.4%
Jul 2013	7.10%	-2.1%
Apr 2013	7.25%	+6.0%
Jan 2013	6.84%	-24.2%
Oct 2012	9.02%	+39.8%
Jul 2012	6.45%	-14.0%
Apr 2012	7.50%	+11.9%
Jan 2012	6.70%	+11.3%
Oct 2011	6.02%	-36.9%
Jul 2011	9.54%	-11.6%
Apr 2011	10.79%	-2.4%
Jan 2011	11.06%	+1.2%
Oct 2010	10.93%	+25.1%
Jul 2010	8.74%	-7.9%
Apr 2010	9.49%	-9.4%
Jan 2010	10.47%	-6.9%
Oct 2009	11.24%	+14.3%
Jul 2009	9.83%	+31.1%
Apr 2009	7.50%	-19.8%
Jan 2009	9.35%	+2.5%
Oct 2008	9.12%	+0.9%
Jul 2008	9.04%	-2.0%
Apr 2008	9.22%	+0.1%
Jan 2008	9.21%	-0.4%
Oct 2007	9.25%	+11.2%
Jul 2007	8.32%	+1.6%

Month	Value	Change
Apr 2007	8.19%	+4.9%
Jan 2007	7.81%	-6.6%
Oct 2006	8.36%	+20.8%
Jul 2006	6.92%	-5.1%
Apr 2006	7.29%	+6.1%
Jan 2006	6.87%	-1.6%
Oct 2005	6.98%	+41.3%
Jul 2005	4.94%	-8.7%
Apr 2005	5.41%	-0.6%
Jan 2005	5.44%	-12.3%
Oct 2004	6.20%	+67.1%
Jul 2004	3.71%	-37.5%
Apr 2004	5.94%	-4.3%
Jan 2004	6.21%	-4.6%
Oct 2003	6.51%	+57.6%
Jul 2003	4.13%	-26.0%
Apr 2003	5.58%	+3.3%
Jan 2003	5.40%	+129.8%
Oct 2002	2.35%	+55.6%
Jul 2002	1.51%	-72.0%
Apr 2002	5.39%	-1.8%
Jan 2002	5.49%	+48.0%
Oct 2001	3.71%	+159.4%
Jul 2001	1.43%	-48.7%
Apr 2001	2.79%	-47.7%
Jan 2001	5.33%	-26.0%
Oct 2000	7.20%	-22.1%
Jul 2000	9.24%	+12.3%
Apr 2000	8.23%	+0.9%
Jan 2000	8.16%	+2.0%
Oct 1999	8.00%	+4.8%
Jul 1999	7.63%	-14.6%
Apr 1999	8.93%	-11.1%
Jan 1999	10.04%	+37.7%
Oct 1998	7.29%	+3.4%
Jul 1998	7.05%	-2.6%
Apr 1998	7.24%	-34.4%
Jan 1998	11.04%	+15.1%
Oct 1997	9.59%	+21.7%
Jul 1997	7.88%	-26.1%
Apr 1997	10.66%	-14.3%
Jan 1997	12.44%	+43.6%
Oct 1996	8.66%	+29.1%
Jul 1996	6.71%	-36.3%
Apr 1996	10.54%	-18.1%
Jan 1996	12.87%	+24.2%
Oct 1995	10.36%	-2.7%
Jul 1995	10.65%	-9.6%
Apr 1995	11.78%	-7.7%
Jan 1995	12.76%	+16.0%
Oct 1994	11.00%	+22.6%
Jul 1994	8.97%	-12.1%
Apr 1994	10.20%	-3.0%
Jan 1994	10.52%	+25.4%
Oct 1993	8.39%	-2.6%
Jul 1993	8.61%	-20.8%
Apr 1993	10.87%	+18.0%
Jan 1993	9.21%	+188.7%
Oct 1992	3.19%	-57.7%
Jul 1992	7.55%	-35.0%
Apr 1992	11.62%	-5.5%
Jan 1992	12.30%	+100.7%
Oct 1991	6.13%	-28.7%
Jul 1991	8.60%	-12.6%
Apr 1991	9.84%	+9.9%
Jan 1991	8.95%	+0.8%
Oct 1990	8.88%	+4.3%
Jul 1990	8.51%	-4.3%
Apr 1990	8.89%	+0.7%
Jan 1990	8.83%	+104.1%
Oct 1989	-216.46%	+1.9%
Oct 1988	-220.75%	-3.8%
Oct 1987	-212.77%	+6.3%
Oct 1986	-227.06%	+5.8%
Oct 1985	-241.07%	-16.4%
Oct 1984	-207.11%	-

FAQ

What is the current quarterly operating margin of HPQ?: As of today, HPQ quarterly operating margin is 6.17%
What is HPQ quarterly operating margin most recent change?: HPQ quarterly operating margin was down -17.51% on July 31, 2026
What is 1-year change in HPQ quarterly operating margin?: HPQ quarterly operating margin is down -16.17% year-over-year
How far is HPQ quarterly operating margin from its all-time high?: HPQ quarterly operating margin is currently -52.06% below its historical high of 12.87% set on January 31, 1996
How does HPQ quarterly operating margin rank versus sector peers?: HPQ quarterly operating margin is higher than 55.40% of companies in Technology sector
When is HPQ next earnings release?: The next earnings release for HPQ is on November 24, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

HPQ Official Website www.hp.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/47217/000004721725000071/0000047217-25-000071-index.htm
HPQ Profile on Yahoo Finance finance.yahoo.com/quote/HPQ
HPQ Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/hpq