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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

StatementSegment
CategoryProfitability
SignalLower is better
VolatilityModerate
First reportedQ1 2017
Last reportedQ1 2027Jun 9, 2026

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.

Metric ID: dell_segment_services_cost_of_revenue

Historical Data

21 periods
 Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '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%
Range$2.89B$3.67B
CAGR+2.1%
Avg YoY Growth+1.4%
Median YoY Growth+2.6%

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.