In the fiscal year 2024, HP Inc's expenditure on research and development efforts amounted to approximately 1.64 billion U.S. dollars, even though it is an increase from the period in the last year, it continues to be a decrease from its peak, since the Company's split into HP Inc., of about 1.85 billion U.S. dollars in 2021.
HP Inc's (Hewlett Packard's) expenditure on research and development from 1998 to 2024
(in billion U.S. dollars)
For HP the fiscal year ends on October 31. On November 1, 2015, Hewlett-Packard Company split into HP Inc., a printer and personal computer developer and manufacturer; and Hewlett Packard Enterprise (HPE), focused on servers, storage, networking, and business services.
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Hewlett-Packard, & HP Inc.. (December 13, 2024). HP Inc's (Hewlett Packard's) expenditure on research and development from 1998 to 2024 (in billion U.S. dollars) [Graph]. In Statista. Retrieved June 06, 2025, from https://www.statista.com/statistics/264921/hewlett-packards-expenditure-on-research-and-development-since-1998/
Hewlett-Packard, und HP Inc.. "HP Inc's (Hewlett Packard's) expenditure on research and development from 1998 to 2024 (in billion U.S. dollars)." Chart. December 13, 2024. Statista. Accessed June 06, 2025. https://www.statista.com/statistics/264921/hewlett-packards-expenditure-on-research-and-development-since-1998/
Hewlett-Packard, HP Inc.. (2024). HP Inc's (Hewlett Packard's) expenditure on research and development from 1998 to 2024 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: June 06, 2025. https://www.statista.com/statistics/264921/hewlett-packards-expenditure-on-research-and-development-since-1998/
Hewlett-Packard, and HP Inc.. "Hp Inc's (Hewlett Packard's) Expenditure on Research and Development from 1998 to 2024 (in Billion U.S. Dollars)." Statista, Statista Inc., 13 Dec 2024, https://www.statista.com/statistics/264921/hewlett-packards-expenditure-on-research-and-development-since-1998/
Hewlett-Packard & HP Inc., HP Inc's (Hewlett Packard's) expenditure on research and development from 1998 to 2024 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/264921/hewlett-packards-expenditure-on-research-and-development-since-1998/ (last visited June 06, 2025)
HP Inc's (Hewlett Packard's) expenditure on research and development from 1998 to 2024 (in billion U.S. dollars) [Graph], Hewlett-Packard, & HP Inc., December 13, 2024. [Online]. Available: https://www.statista.com/statistics/264921/hewlett-packards-expenditure-on-research-and-development-since-1998/