Operating Income
Dell Technologies Operating Income increased by 45.9% to $3.09B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 43.2%, from $2.16B to $3.09B. Over 4 years (FY 2022 to FY 2026), Operating Income shows an upward trend with a 27.1% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Higher operating income indicates strong operational efficiency and pricing power, while a decline suggests rising costs or weakening demand.
Detailed definition
Operating income is the profit realized from a company's core business operations after deducting all operating expenses...
Peer comparison
A standard benchmark for operational performance; peers are compared based on operating margin percentages.
operating_incomeHistorical Data
| 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 | $987.00M | $1.02B | $1.05B | $77.00M | $1.55B | $1.27B | $1.76B | $2.05B | $1.13B | $1.19B | $1.54B | $1.55B | $965.00M | $1.39B | $1.72B | $2.16B | $1.17B | $1.77B | $2.12B | $3.09B |
| QoQ Change | — | +3.0% | +2.9% | -92.6% | >999% | -18.1% | +38.7% | +16.4% | -44.9% | +5.6% | +28.9% | +0.5% | -37.6% | +44.2% | +23.6% | +25.5% | -46.0% | +52.2% | +19.5% | +45.9% |
| YoY Change | — | — | — | — | +57.0% | +24.9% | +68.5% | >999% | -27.0% | -6.0% | -12.7% | -24.6% | -14.7% | +16.6% | +11.8% | +39.6% | +20.7% | +27.4% | +23.1% | +43.2% |
Business Segments
| Segment | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 | Q4 '26 |
|---|---|---|---|---|---|---|---|---|
| Infrastructure Solutions Group | $736.00M | $1.28B | $1.51B | $2.05B | $998.00M | $1.47B | $1.74B | $2.90B |
| Client Solutions Group | $777.00M | $817.00M | $747.00M | $631.00M | $653.00M | $803.00M | $748.00M | $629.00M |
| Other businesses | $6.00M | -$17.00M | -$3.00M | — | — | — | — | — |
| Total | $965.00M | $1.39B | $1.72B | $2.16B | $1.17B | $1.77B | $2.12B | $3.09B |
Other businesses was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Dell Technologies's operating income?
- Dell Technologies (DELL) reported operating income of $3.09B in Q4 2025.
- How has Dell Technologies's operating income changed year-over-year?
- Dell Technologies's operating income increased by 43.2% year-over-year, from $2.16B to $3.09B.
- What is the long-term trend for Dell Technologies's operating income?
- Over 4 years (2022 to 2026), Dell Technologies's operating income has grown at a 27.1% compound annual growth rate (CAGR), from $3.13B to $8.15B.
- What does operating income mean?
- The profit a company makes from its core business operations before interest and taxes.