What is HP's total cost of revenue?

HP (HPQ) reported total cost of revenue of $11.39B in Q1 2026.

How has HP's total cost of revenue changed year-over-year?

HP's total cost of revenue increased by 8.7% year-over-year, from $10.48B to $11.39B.

What is the long-term trend for HP's total cost of revenue?

Over 4 years (2021 to 2025), HP's total cost of revenue has grown at a -3.2% compound annual growth rate (CAGR), from $50.05B to $43.9B.

What does total cost of revenue mean?

The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.

HP HPQ Total Cost of Revenue

Total Cost of Revenue at other companies

Eastman Kodak CompanyKODK

$208M+3.5%

AppleAAPL

$56.4B+11.7%

Zebra TechnologiesZBRA

$753M+13.6%

3D SystemsDDD

$61.2M-1.1%

One Stop Systems, Inc.OSS

$3.9M+37.5%

Dell TechnologiesDELL

$36.06B+95.5%

Segments

By segment

See full

Personal Systems$8.67B+11.9%

Printing$2.7B0.0%

Corporate Investments$1M0.0%

By product

See full

Services$474M0.0%

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%

CapEx$170.0M-7.1%

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:CostOfRevenue.

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

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Questions, answered.

What is HP's total cost of revenue?: HP (HPQ) reported total cost of revenue of $11.39B in Q1 2026.
How has HP's total cost of revenue changed year-over-year?: HP's total cost of revenue increased by 8.7% year-over-year, from $10.48B to $11.39B.
What is the long-term trend for HP's total cost of revenue?: Over 4 years (2021 to 2025), HP's total cost of revenue has grown at a -3.2% compound annual growth rate (CAGR), from $50.05B to $43.9B.
What does total cost of revenue mean?: The aggregate of all direct costs attributable to producing goods and delivering services that generated the company's revenue, including materials, labor, and overhead.