Current Liabilities
Deferred Revenue
Dell Technologies Deferred Revenue increased by 5.4% to $13.33B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 2.5%, from $13.67B to $13.33B. Over 5 years (FY 2021 to FY 2026), Deferred Revenue shows relatively stable performance with a 0.2% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
StatementBalance Sheet Statement
SectionCurrent Liabilities
CategoryGrowth
SignalHigher is better
VolatilityModerate
First reportedQ4 2016
Last reportedQ4 2026Mar 16, 2026
How to read this metric
An increase is generally positive, signaling strong future demand and cash collection, while a decrease indicates the fulfillment of obligations.
Detailed definition
This represents payments received from customers for goods or services that have not yet been delivered or performed. It...
Peer comparison
Common in subscription and long-term contract businesses; highly indicative of future revenue visibility.
Metric ID:
deferred_revenue_currentHistorical Data
20 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $13.64B | $13.77B | $13.43B | $14.26B | $14.33B | $14.72B | $14.11B | $15.54B | $15.53B | $16.17B | $15.21B | $15.32B | $15.03B | $14.85B | $13.79B | $13.67B | $13.91B | $13.76B | $12.65B | $13.33B |
| QoQ Change | — | +0.9% | -2.5% | +6.2% | +0.5% | +2.8% | -4.2% | +10.2% | -0.1% | +4.2% | -6.0% | +0.7% | -1.9% | -1.2% | -7.2% | -0.8% | +1.7% | -1.1% | -8.1% | +5.4% |
| YoY Change | — | — | — | — | +5.0% | +7.0% | +5.1% | +9.0% | +8.4% | +9.8% | +7.8% | -1.4% | -3.2% | -8.2% | -9.3% | -10.7% | -7.5% | -7.4% | -8.3% | -2.5% |
Range$12.65B – $16.17B
CAGR-0.5%
Avg YoY Growth-0.4%
Median YoY Growth-2.0%
Deferred Revenue at Other Companies
Frequently Asked Questions
- What is Dell Technologies's deferred revenue?
- Dell Technologies (DELL) reported deferred revenue of $13.33B in Q4 2025.
- How has Dell Technologies's deferred revenue changed year-over-year?
- Dell Technologies's deferred revenue decreased by 2.5% year-over-year, from $13.67B to $13.33B.
- What is the long-term trend for Dell Technologies's deferred revenue?
- Over 5 years (2021 to 2026), Dell Technologies's deferred revenue has grown at a 0.2% compound annual growth rate (CAGR), from $13.20B to $13.33B.
- What does deferred revenue mean?
- Cash received from customers for work that has not yet been completed.