Business Segments · Total cost of net revenue
Printing — Total cost of net revenue
HP Printing — Total cost of net revenue decreased by 2.9% to $2.71B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.9%, from $2.79B to $2.71B. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2023
Last reportedQ1 2026
Rolls up toTotal Cost of Revenue
How to read this metric
An increase relative to revenue suggests margin compression due to rising input costs or supply chain inefficiencies.
Detailed definition
This represents the direct costs associated with producing and delivering the printing hardware and supplies sold by the...
Peer comparison
Standard cost of goods sold (COGS) metric for manufacturing-heavy business units.
Metric ID:
hpq_segment_printing_total_cost_of_net_revenueHistorical Data
10 periods
| Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.96B | $2.96B | $2.96B | $2.96B | $2.81B | $2.81B | $2.81B | $2.81B | $2.79B | $2.71B |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | -5.2% | +0.0% | +0.0% | +0.0% | -0.6% | -2.9% |
| YoY Change | — | — | — | — | -5.2% | -5.2% | -5.2% | -5.2% | -0.6% | -2.9% |
Range$2.71B – $2.96B
CAGR-3.9%
Avg YoY Growth-4.0%
Median YoY Growth-5.2%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is HP's printing — total cost of net revenue?
- HP (HPQ) reported printing — total cost of net revenue of $2.71B in Q4 2025.
- How has HP's printing — total cost of net revenue changed year-over-year?
- HP's printing — total cost of net revenue decreased by 2.9% year-over-year, from $2.79B to $2.71B.
- What does printing — total cost of net revenue mean?
- The direct costs incurred to manufacture and deliver the products sold by the printing segment.