Operating Expenses

SG&A

HP SG&A increased by 5.2% to $1.50B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 3.1%, from $1.46B to $1.50B. Over 4 years (FY 2021 to FY 2025), SG&A shows relatively stable performance with a 0.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026

How to read this metric

A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.

Detailed definition

Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...

Peer comparison

Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.

Metric ID: selling_general_and_administrative

Historical Data

20 periods
 Q1 '21Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25
Value$1.48B$1.41B$1.46B$1.47B$1.46B$1.14B$1.19B$1.33B$1.40B$1.30B$1.33B$1.38B$1.46B$1.40B$1.41B$1.46B$1.48B$1.45B$1.43B$1.50B
QoQ Change-5.1%+3.7%+0.5%-0.3%-21.9%+4.0%+11.9%+5.0%-6.8%+1.8%+4.3%+5.7%-4.0%+0.4%+3.5%+1.4%-1.9%-1.5%+5.2%
YoY Change-1.3%-18.8%-18.6%-9.3%-4.6%+13.9%+11.5%+3.9%+4.7%+7.8%+6.3%+5.5%+1.2%+3.4%+1.5%+3.1%
Range$1.14B$1.50B
CAGR+0.3%
Avg YoY Growth+0.6%
Median YoY Growth+3.3%

Frequently Asked Questions

What is HP's sg&a?
HP (HPQ) reported sg&a of $1.50B in Q4 2025.
How has HP's sg&a changed year-over-year?
HP's sg&a increased by 3.1% year-over-year, from $1.46B to $1.50B.
What is the long-term trend for HP's sg&a?
Over 4 years (2021 to 2025), HP's sg&a has grown at a 0.4% compound annual growth rate (CAGR), from $5.73B to $5.82B.
What does sg&a mean?
The overhead costs of running the business, including sales, marketing, and general corporate expenses.