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HP Inc. (HPQ) Research & Development Expenses

The r&d expense for HP Inc. (HPQ) is $1.60 Billion with a year-over-year change of -2.32%. Research and Development (R&D) expenses represent the costs incurred by a company in developing new products, services, or processes.

HPQ R&D Expense Chart

HPQ R&D Expense
$1.60B-54.10% 20Y
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Current R&D Expense

$1.60B

$1.60 Billion

Year-over-Year Change

-2.32%

vs. $1.64B prior year

Historical Data

30

Years of data available

Annual R&D Expense History

YearR&D ExpenseYoY Change% Change
2025$1.60B$-38.00M-2.32%
2024$1.64B+$62.00M+3.93%
2023$1.58B$-75.00M-4.54%
2022$1.65B$-195.00M-10.55%
2021$1.85B+$371.00M+25.12%
2020$1.48B$-22.00M-1.47%
2019$1.50B+$95.00M+6.77%
2018$1.40B+$214.00M+17.98%
2017$1.19B$-19.00M-1.57%
2016$1.21B+$18.00M+1.51%
2015$1.19B$-107.00M-8.24%
2014$1.30B$-1.84B-58.60%
2013$3.13B$-264.00M-7.77%
2012$3.40B+$145.00M+4.46%
2011$3.25B+$295.00M+9.97%
2010$2.96B+$140.00M+4.97%
2009$2.82B$-724.00M-20.43%
2008$3.54B$-68.00M-1.88%
2007$3.61B+$20.00M+0.56%
2006$3.59B+$101.00M+2.89%
2005$3.49B$-73.00M-2.05%
2004$3.56B$-89.00M-2.44%
2003$3.65B+$340.00M+10.27%
2002$3.31B+$588.00M+21.59%
2001$2.72B+$97.00M+3.69%
2000$2.63B+$187.00M+7.66%
1999$2.44B+$60.00M+2.52%
1998$2.38B+$189.00M+8.63%
1997$2.19B$-527.00M-19.39%
1996$2.72B
Data as of Wednesday, June 10, 2026

About HP Inc.

HP Inc. is a global technology company specializing in personal computing devices, imaging and printing solutions, and a variety of related technologies, software, and support services, serving clients both in the United States and worldwide. Its operations are structured into three main divisions: Personal Systems, Printing, and Corporate Investments. The Personal Systems segment offers a broad array of computing hardware, including desktop and laptop personal computers for both business and individual consumers, along with specialized workstations, thin clients, commercial mobile devices, retail point-of-sale systems, displays, and various peripherals. This division also encompasses essential software, support, and associated services. The Printing division focuses on delivering printer hardware for both general consumers and commercial clients, alongside a full suite of supplies, comprehensive print solutions, and related services. Finally, the Corporate Investments segment is dedicated to fostering innovation through HP Labs, incubating new business ventures, and managing various investment projects. HP's extensive client base spans individual end-users, small and medium-sized enterprises (SMEs), and major corporations, reaching diverse sectors such as government, healthcare, and education. Established in 1939, the company initially operated as Hewlett-Packard Company before rebranding to HP Inc. in October 2015. Its corporate headquarters are located in Palo Alto, California.

Palo Alto, CA
58,000 employees
Technology / Computer Hardware
Sector
Technology
Industry
Computer Hardware
CEO
Bruce Dale Broussard