Company / R&D Expense
HP Inc. R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$1.6B
FY2025
5-year range
$1.6B / $1.8B
FY2021-FY2025
Trend
-2.3%
vs FY2024
Sector context
#24 of 264
Information Technology
What the data says
Among 264 Information Technology companies, HP Inc. is in the top 9% for r&d expense. R&D Expense has fluctuated over the past 10 years, ranging from $1.2B in FY2019 to $1.8B in FY2021.
Based on SEC 10-K filings.
$1.6B in FY2025 with a 5-year CAGR of +1.6%. Top quartile in the Information Technology sector.
Remained stable around $1.6B over the past 2 years.
Information Technology sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- -1.0%
- 5-Year CAGR
- +1.6%
- 10-Year CAGR
- -
Sector benchmark
Top 9% in Information TechnologyTop 9% of 264This company $1.6B Sector average $924.6M
▼
+73.3% above sector average
Key checks
Key Insights
- 5-year CAGR of +1.6%, indicating consistent growth.
- In FY2025, r&d expense decreased 2.3% year-over-year.
- Ranks #24 out of 264 companies in the Information Technology sector.
- Peak r&d expense was recorded in FY2021.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.6B | -2.3% |
| FY2024 | $1.6B | +3.9% |
| FY2023 | $1.6B | -4.5% |
| FY2022 | $1.7B | -10.6% |
| FY2021 | $1.8B | +25.0% |
| FY2020 | $1.5B | +24.2% |
| FY2019 | $1.2B | -1.6% |
| FY2018 | $1.2B | +1.6% |
| FY2017 | $1.2B | -8.3% |
| FY2016 | $1.3B | +9.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026