Dell Technologies Commercial — Total net revenue increased by 9.3% to $11.61B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 16.2%, from $10.00B to $11.61B. Over 4 years (FY 2022 to FY 2026), Commercial — Total net revenue shows relatively stable performance with a -0.8% CAGR.
dell_segment_commercial_total_net_revenue| 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 | $9.81B | $10.58B | $12.30B | $12.89B | $11.97B | $12.14B | $10.75B | $10.70B | $9.86B | $10.55B | $9.84B | $9.56B | $10.15B | $10.56B | $10.14B | $10.00B | $11.05B | $10.78B | $10.62B | $11.61B |
| QoQ Change | — | +7.8% | +16.3% | +4.8% | -7.1% | +1.4% | -11.5% | -0.5% | -7.8% | +7.0% | -6.8% | -2.8% | +6.2% | +4.0% | -4.0% | -1.4% | +10.5% | -2.4% | -1.5% | +9.3% |
| YoY Change | — | — | — | — | +22.1% | +14.8% | -12.6% | -17.0% | -17.6% | -13.1% | -8.5% | -10.6% | +3.0% | +0.0% | +3.1% | +4.5% | +8.8% | +2.1% | +4.8% | +16.2% |