Filing Flows › HP (HPQ) › Gross margin
HP (HPQ) gross margin by quarter
HP's gross margin was 18.8% in Q3 FY26 (third quarter fiscal 2026), -2.1 pts from Q2 FY26. Over the last 7 quarters it ranged from 18.8% (Q3 FY26) to 21.4% (Q4 FY24).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 FY26 | 18.8% | -2.1 pts | -1.7 pts |
| Q2 FY26 | 20.9% | +1.3 pts | +0.2 pts |
| Q1 FY26 | 19.6% | -0.6 pts | — |
| Q4 FY25 | 20.2% | -0.2 pts | -1.1 pts |
| Q3 FY25 | 20.5% | -0.3 pts | — |
| Q2 FY25 | 20.7% | -0.6 pts | — |
| Q4 FY24 | 21.4% | — | — |
Q3 FY26 at a glance
HP, Q3 FY26: revenue $15.7B (+12% year over year), operating margin 5.7%, net earnings $661M, operating cash flow $1.7B. The chart follows the revenue to costs, profit and cash.
Questions
What is HP's gross margin?
HP's gross margin was 18.8% in Q3 FY26 (third quarter fiscal 2026), -2.1 pts from Q2 FY26.
How has HP's gross margin changed?
Over the last 7 quarters it ranged from 18.8% (Q3 FY26) to 21.4% (Q4 FY24).