Total Cost of Revenue
Dell Technologies Total Cost of Revenue increased by 24.5% to $26.65B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 162.9%, from $10.14B to $26.65B. Over 4 years (FY 2022 to FY 2026), Total Cost of Revenue shows an upward trend with a 4.6% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
How to read this metric
An increase relative to revenue suggests rising production costs or margin compression, while a decrease suggests improved operational efficiency.
Detailed definition
Total cost of revenue includes the direct costs attributable to the production of goods or the delivery of services sold...
Peer comparison
Varies by industry; for medical device manufacturers, this includes significant manufacturing and supply chain costs.
total_cost_of_revenueHistorical 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 | $17.33B | $18.72B | $20.89B | $18.97B | $20.33B | $20.99B | $19.01B | $29.06B | $15.84B | $17.52B | $17.05B | $16.95B | $17.39B | $19.67B | $19.01B | $10.14B | $18.44B | $24.33B | $21.41B | $26.65B |
| QoQ Change | — | +8.0% | +11.6% | -9.2% | +7.2% | +3.2% | -9.4% | +52.8% | -45.5% | +10.6% | -2.7% | -0.6% | +2.6% | +13.1% | -3.4% | -46.7% | +82.0% | +31.9% | -12.0% | +24.5% |
| YoY Change | — | — | — | — | +17.3% | +12.1% | -9.0% | +53.2% | -22.1% | -16.5% | -10.3% | -41.7% | +9.8% | +12.3% | +11.5% | -40.2% | +6.0% | +23.7% | +12.7% | +162.9% |
Product Breakdown
Total Cost of Revenue at Other Companies
Frequently Asked Questions
- What is Dell Technologies's total cost of revenue?
- Dell Technologies (DELL) reported total cost of revenue of $26.65B in Q4 2025.
- How has Dell Technologies's total cost of revenue changed year-over-year?
- Dell Technologies's total cost of revenue increased by 162.9% year-over-year, from $10.14B to $26.65B.
- What is the long-term trend for Dell Technologies's total cost of revenue?
- Over 4 years (2022 to 2026), Dell Technologies's total cost of revenue has grown at a 4.6% compound annual growth rate (CAGR), from $75.91B to $90.83B.
- What does total cost of revenue mean?
- The direct costs incurred to produce the goods or services that a company sold during a specific period.