HP (HPQ) reported capex of $170M in Q1 2026.

How has HP's capex changed year-over-year?

HP's capex decreased by 7.1% year-over-year, from $183M to $170M.

What is the long-term trend for HP's capex?

Over 4 years (2021 to 2025), HP's capex has grown at a 11.4% compound annual growth rate (CAGR), from $582M to $897M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

HP HPQ CapEx

CapEx at other companies

Eastman Kodak CompanyKODK

$6M-50.0%

AppleAAPL

$1.97B-35.8%

Zebra TechnologiesZBRA

$13M-35.0%

3D SystemsDDD

$2.06M-26.4%

Logitech InternationalLOGI

$13.84M+8.2%

One Stop Systems, Inc.OSS

$15K+133%

Other financials

Income statement

See full

Revenue$14.4B+9.0%

Gross profit$3.0B+10.1%

Operating income$612.0M-6.4%

Net income$450.0M+10.8%

EPS (diluted)$0.49+16.7%

Balance sheet

See full

Cash & equivalents$3.7B+35.6%

Total debt$11.7B-11.8%

Total equity-$144.0M+88.7%

Total assets$42.9B+10.7%

Cash flow

See full

Operating cash flow$926.0M+2,337%

Free cash flow$756.0M+621%

Valuation

See full

Market cap$20.06B-13.6%

Enterprise value$28.07B-16.9%

P/E7.9×-1.4×

P/S0.4×-0.1×

Profitability

See full

Gross margin20.3%-0.8pp

Operating margin5.3%-1.0pp

Net margin4.4%-0.2pp

FCF margin6.6%+1.7pp

Returns & leverage

See full

Return on equity-359.6%—

Debt / equity0.4×—

Current ratio0.8×+0.1×

Where this comes from

Reported directly by HP in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireProductiveAssets.

The official record: HP’s 10-Q, filed May 28, 2026, on SEC EDGAR. View the filing →

Ask your AI about HP's capex.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is HP's capex?: HP (HPQ) reported capex of $170M in Q1 2026.
How has HP's capex changed year-over-year?: HP's capex decreased by 7.1% year-over-year, from $183M to $170M.
What is the long-term trend for HP's capex?: Over 4 years (2021 to 2025), HP's capex has grown at a 11.4% compound annual growth rate (CAGR), from $582M to $897M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.