Dell Technologies SG&A increased by 4.4% to $2.84B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 15.9%, from $3.38B to $2.84B. Over 4 years (FY 2022 to FY 2026), SG&A shows a downward trend with a -7.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
A rising ratio of SG&A to revenue may indicate inefficiency or aggressive expansion, while a falling ratio suggests improved operating leverage.
Selling, general, and administrative expenses encompass the costs associated with the day-to-day operation of the busine...
Standard operating expense category; peers with larger global sales forces typically show higher absolute SG&A levels.
selling_general_and_administrative| 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 | $3.66B | $3.76B | $3.84B | $4.29B | $3.55B | $3.54B | $3.27B | $4.39B | $3.26B | $3.52B | $2.97B | $3.65B | $3.12B | $3.19B | $2.89B | $3.38B | $2.96B | $2.89B | $2.72B | $2.84B |
| QoQ Change | — | +2.8% | +2.0% | +11.8% | -17.2% | -0.3% | -7.8% | +34.3% | -25.7% | +7.9% | -15.6% | +22.9% | -14.5% | +2.1% | -9.3% | +16.7% | -12.2% | -2.5% | -5.8% | +4.4% |
| YoY Change | — | — | — | — | -2.9% | -5.8% | -14.9% | +2.3% | -8.2% | -0.7% | -9.1% | -16.8% | -4.2% | -9.3% | -2.6% | -7.5% | -5.1% | -9.4% | -5.9% | -15.9% |