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HP Inc. (HPQ) Gross Margin: 20.21%

Is HP Inc.’s gross margin high or low?

HP Inc.'s gross margin of 20.21% is in line with its 5-year average of 20.41%, around the middle of its 5-year range (18.40%–22.07%).

The gross margin for HP Inc. (HPQ) is 20.21% as of Wednesday, June 10, 2026. It is below its 12-month average by 3.88% (21.02%).

HPQ Gross Margin Chart

HPQ Gross Margin
19.98%-9.47% 1Y
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HPQ Average Gross Margin Chart

HPQ Current vs Average Gross Margin Chart

HPQ Gross Margin Metrics

GROSS MARGIN

20.21%

GROSS MARGIN AVG TTM

21.02%

GROSS MARGIN AVG 3Y

20.74%

GROSS MARGIN AVG 5Y

20.41%

GROSS MARGIN AVG 10Y

19.65%

GROSS MARGIN AVG 15Y

20.60%

GROSS MARGIN AVG 20Y

21.42%

CURRENT VS TTM AVG

-3.88%

CURRENT VS 3Y AVG

-2.56%

CURRENT VS 5Y AVG

-1.00%

CURRENT VS 10Y AVG

+2.87%

CURRENT VS 15Y AVG

-1.90%

CURRENT VS 20Y AVG

-5.67%

HPQ Competitors' Gross Margin

NAMEMARKET CAPGROSS MARGINTTM3Y5Y
HP Inc. (HPQ)20.21%21.02%20.74%20.41%
Cognizant Technology Solutions Corporation (CTSH)$24.92B32.06%34.03%34.64%35.30%
Fidelity National Information Services, Inc. (FIS)$20.66B36.86%37.21%36.91%36.43%
Atlassian Corporation (TEAM)$25.11B82.84%82.20%82.58%82.84%
Zscaler, Inc. (ZS)$20.35B76.87%77.37%77.50%77.52%
Akamai Technologies, Inc. (AKAM)$20.04B54.72%57.05%59.05%60.69%
Okta, Inc. (OKTA)$19.93B77.36%76.84%74.66%73.67%
VeriSign, Inc. (VRSN)$25.83B88.15%87.93%87.14%86.64%
Tower Semiconductor Ltd. (TSEM)$26.02B24.77%23.44%24.88%23.30%
Splunk Inc. (SPLK)$26.44B79.74%78.57%76.28%77.97%

Gross Margin Analysis

Gross Margin

20.2%

(Revenue - COGS) / Revenue

HP Inc. Gross Margin Formula & Definition

Gross Margin = Gross Profit / Revenue

Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

HP Inc. Gross Margin FAQ

What is the gross margin for HP Inc. (HPQ)?
The gross margin for HPQ stock is 20.21%.
Is HP Inc.'s gross margin high or low?
HP Inc.'s gross margin of 20.21% is in line with its 5-year average of 20.41%, around the middle of its 5-year range (18.40%–22.07%).
What is the TTM average gross margin for HP Inc. (HPQ)?
The TTM average gross margin for HPQ stock is 21.02%.
What is the 3Y average gross margin for HP Inc. (HPQ)?
The 3Y average gross margin for HPQ stock is 20.74%.
What is the 5Y average gross margin for HP Inc. (HPQ)?
The 5Y average gross margin for HPQ stock is 20.41%.
What is the 10Y average gross margin for HP Inc. (HPQ)?
The 10Y average gross margin for HPQ stock is 19.65%.
What is the 15Y average gross margin for HP Inc. (HPQ)?
The 15Y average gross margin for HPQ stock is 20.60%.
What is the 20Y average gross margin for HP Inc. (HPQ)?
The 20Y average gross margin for HPQ stock is 21.42%.

HP Inc. Gross Margin History

DATEGROSS MARGIN
2025-10-3119.98%
2024-10-3122.07%
2023-10-3121.42%
2022-10-3119.49%
2021-10-3121.13%
2020-10-3118.40%
2019-10-3119.01%
2018-10-3118.25%
2017-10-3118.40%
2016-10-3118.65%
2015-10-3119.31%
2014-10-3119.81%
2013-10-3123.08%
2012-10-3123.24%
2011-10-3123.44%
2010-10-3123.95%
2009-10-3123.59%
2008-10-3124.22%
2007-10-3124.86%
2006-10-3124.25%
2005-10-3123.36%
2004-10-3123.90%
2003-10-3126.28%
2002-10-3126.52%
2001-10-3126.46%
2000-10-3128.76%
1999-10-3129.86%
1998-10-3129.50%
1997-10-3130.85%
1996-10-3133.63%

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