SuperworthHP profit margin HPQ
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 4.1%
- Operating margin, 12 months
- 5.4%
- Net margin on a year earlier
- −0.7 pts
- Peer median
- 17.7%
Over the twelve months to Jul 31, 2026, HP kept 4.1% of its revenue as net profit, with an operating margin of 5.4% and a gross margin of 19.9%.
Five years earlier its net margin was 6.6%.
The median for 10 computer hardware stocks of a similar size is 17.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 4.6% | 5.7% | 20.6% |
| FY2024 | 5.2% | 7.1% | 22.1% |
| FY2023 | 6.1% | 6.4% | 21.4% |
| FY2022 | 5.0% | 7.2% | 19.5% |
| FY2021 | 10.2% | 8.4% | 21.1% |
| FY2020 | 5.0% | 6.1% | 18.4% |
| FY2019 | 5.4% | 6.6% | 19.0% |
| FY2018 | 9.1% | 6.6% | 18.2% |
| FY2017 | 4.9% | 6.8% | 18.4% |
| FY2016 | 5.2% | 7.4% | 18.7% |
| FY2015 | 8.8% | 7.6% | 27.8% |
| FY2014 | 4.5% | 6.4% | 24.1% |
| FY2013 | 4.6% | 6.4% | 23.4% |
| FY2012 | −10.5% | −9.2% | 23.5% |
| FY2011 | 5.6% | 7.6% | 23.7% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q3 FY26 | 4.1% | −0.7 pts | 5.4% | |
| Q2 FY26 | 4.4% | −0.2 pts | 5.3% | |
| Q1 FY26 | 4.5% | −0.6 pts | 5.5% | |
| Q4 FY25 | 4.6% | −0.6 pts | 5.7% | |
| Q3 FY25 | 4.8% | −0.5 pts | 5.9% | |
| Q2 FY25 | 4.6% | −1.0 pts | 6.3% | |
| Q1 FY25 | 5.0% | −1.4 pts | 6.9% | |
| Q4 FY24 | 5.2% | −0.9 pts | 7.1% | |
| Q3 FY24 | 5.3% | +1.2 pts | 7.2% | |
| Q2 FY24 | 5.6% | +0.9 pts | 7.3% | |
| Q1 FY24 | 6.4% | +2.2 pts | 6.9% | |
| Q4 FY23 | 6.1% | +1.1 pts | 6.4% |
Against its peers
Companies in Computer Hardware nearest HP's size, closest first, today.
| Company | Profit margin |
|---|---|
| HPQHP | 4.1% |
| PEverpure | 5.9% |
| NTAPNetApp | 19.2% |
| SMCISuper Micro Computer | 5.7% |
| LOGILogitech International | 16.3% |
| HPEHewlett Packard Enterprise | 6.4% |
| WDCWestern Digital | 69.2% |
| STXSeagate Technology | 26.1% |
| SNDKSandisk | 56.5% |
| ANETArista Networks | 38.4% |
| NATLNCR Atleos | 4.4% |
| Peer median | 17.7% |
Where HP ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on HP
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.