Services — Cost of Revenue
Dell Technologies Services — Cost of Revenue increased by 5.8% to $3.21B in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.5%, from $3.33B to $3.21B. Over 4 years (FY 2022 to FY 2026), Services — Cost of Revenue shows relatively stable performance with a 1.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
A decrease relative to revenue suggests improved operational efficiency or better cost management in service delivery. An increase may signal rising labor costs, higher service delivery complexity, or increased warranty and support obligations.
Detailed definition
This metric captures the direct costs incurred to deliver support, maintenance, and professional services, including per...
Peer comparison
Comparable to 'Cost of Services' or 'Cost of Support Revenue' found in the income statements of technology hardware and service companies.
dell_segment_services_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 | Q1 '27 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $2.89B | $3.02B | $3.06B | $3.11B | $3.32B | $3.32B | $3.41B | $3.54B | $3.53B | $3.55B | $3.56B | $3.61B | $3.67B | $3.64B | $3.52B | $3.33B | $3.33B | $3.29B | $3.13B | $3.03B | $3.21B |
| QoQ Change | — | +4.6% | +1.1% | +1.7% | +6.9% | -0.2% | +3.0% | +3.6% | -0.2% | +0.5% | +0.3% | +1.5% | +1.7% | -1.0% | -3.2% | -5.4% | -0.1% | -1.2% | -4.6% | -3.3% | +5.8% |
| YoY Change | — | — | — | — | +14.9% | +9.6% | +11.6% | +13.7% | +6.2% | +6.9% | +4.2% | +2.1% | +4.1% | +2.6% | -1.1% | -7.8% | -9.4% | -9.7% | -10.9% | -9.0% | -3.5% |
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Frequently Asked Questions
- What is Dell Technologies's services — cost of revenue?
- Dell Technologies (DELL) reported services — cost of revenue of $3.21B in Q1 2026.
- How has Dell Technologies's services — cost of revenue changed year-over-year?
- Dell Technologies's services — cost of revenue decreased by 3.5% year-over-year, from $3.33B to $3.21B.
- What is the long-term trend for Dell Technologies's services — cost of revenue?
- Over 4 years (2022 to 2026), Dell Technologies's services — cost of revenue has grown at a 1.4% compound annual growth rate (CAGR), from $12.08B to $12.77B.
- What does services — cost of revenue mean?
- The direct expenses associated with delivering support and professional services to customers.