Quick Answer
HP INC reported R&D Expense of $1.60 billion for fiscal year 2025.
HP INC R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $1.60B | -2.3% |
| 2024 | $1.64B | +3.9% |
| 2023 | $1.58B | -4.5% |
| 2022 | $1.65B | -10.6% |
| 2021 | $1.85B | +25.0% |
| 2020 | $1.48B | -1.4% |
| 2019 | $1.50B | +6.8% |
| 2018 | $1.40B | +18.0% |
| 2017 | $1.19B | -1.6% |
| 2016 | $1.21B | +1.5% |
| 2015 | $1.19B | -8.2% |
| 2014 | $1.30B | -58.6% |
| 2013 | $3.13B | -7.8% |
| 2012 | $3.40B | +4.5% |
| 2011 | $3.25B | +10.0% |
| 2010 | $2.96B | +5.0% |
| 2009 | $2.82B | -20.4% |
| 2008 | $3.54B | -1.9% |
| 2007 | $3.61B | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| January 31, 2026 | $392.00M | -1.3% | -3.4% |
| July 31, 2025 | $406.00M | -1.7% | +1.2% |
| April 30, 2025 | $401.00M | -8.0% | +1.0% |
| January 31, 2025 | $397.00M | -0.5% | -3.9% |
| July 31, 2024 | $413.00M | +16.7% | -5.3% |
| April 30, 2024 | $436.00M | +6.3% | +9.3% |
| January 31, 2024 | $399.00M | -1.0% | +12.7% |
| July 31, 2023 | $354.00M | -3.8% | -13.7% |
- HP INC showed a decrease of -2.3% in R&D Expense compared to the prior fiscal year.
- Over the 2007–2025 period, HP INC’s r&d expense has declined by 55.6% (from $3.61 billion to $1.60 billion).
- The most recent figure is from HP INC’s fiscal year 2025 report (Form 10-K), filed with the SEC on December 10, 2025.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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