Deferred Revenue
Dell Technologies Deferred Revenue increased by 5.4% to $13.33B in Q1 2026 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 a downward trend with a -3.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase suggests strong sales of subscription-based services or bundled offerings, providing a predictable pipeline for future revenue recognition.
Detailed definition
Represents cash payments received from customers in advance of the company fulfilling its performance obligations, speci...
Peer comparison
High-growth software and services companies typically maintain larger deferred revenue balances relative to pure hardware manufacturers.
deferred_revenue_currentHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $16.84B | $17.00B | $16.57B | $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 | — | +1.0% | -2.6% | -13.9% | +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 | — | — | — | — | -14.9% | -13.4% | -14.9% | +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% |
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 Q1 2026.
- 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 -3.7% compound annual growth rate (CAGR), from $15.26B to $12.65B.
- What does deferred revenue mean?
- Money collected from customers for products or services that haven't been delivered yet but will be within a year.