Revenue

Revenue

Dell Technologies Revenue increased by 31.3% to $43.84B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 87.5%, from $23.38B to $43.84B. Over 4 years (FY 2022 to FY 2026), Revenue shows an upward trend with a 2.9% CAGR.

Analysis

StatementIncome Statement
SectionRevenue
First reportedQ3 2017
Last reportedQ1 2027May 28, 2026
Parent metricTotal Revenue
Metric ID: is_leaf_revenues

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$22.59B$24.19B$26.42B$27.99B$26.12B$26.43B$24.72B$36.19B$20.92B$22.93B$22.25B$22.32B$22.24B$25.03B$24.37B$23.93B$23.38B$29.78B$27.01B$33.38B$43.84B
QoQ Change+7.1%+9.2%+5.9%-6.7%+1.2%-6.4%+46.4%-42.2%+9.6%-3.0%+0.3%-0.3%+12.5%-2.6%-1.8%-2.3%+27.4%-9.3%+23.6%+31.3%
YoY Change+15.6%+9.2%-6.4%+29.3%-19.9%-13.2%-10.0%-38.3%+6.3%+9.1%+9.5%+7.2%+5.1%+19.0%+10.8%+39.5%+87.5%
% of Total Revenue100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Share Change+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp+0.0pp
Range$20.92B$43.84B
CAGR+14.2%
Avg YoY Growth+9.4%
Median YoY Growth+9.1%
Current Streak2 quarters growth

Product Breakdown — AI-optimized servers

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SegmentQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Commercial$10.56B$10.14B$10.00B$11.05B$10.78B$10.62B$11.61B$13.02B
Storage$3.97B$4.00B$4.72B$4.00B$3.86B$3.98B$4.80B$4.33B
Consumer$1.86B$1.99B$1.89B$1.46B$1.72B$1.86B$1.88B$1.59B
Servers and networking$7.67B$7.36B$6.63B$6.32B$12.94B$10.13B
Total$25.03B$24.37B$23.93B$23.38B$29.78B$27.01B$33.38B$43.84B

Product Breakdown — Products

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SegmentQ4 '22Q4 '23Q1 '24Q2 '24Q3 '24
Products$22.47B$19.04B$15.04B$16.94B$16.23B
Services$5.52B$6.00B$5.89B$6.00B$6.02B
Total$27.99B$36.19B$20.92B$22.93B$22.25B

Business Segments

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SegmentQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26Q4 '26Q1 '27
Infrastructure Solutions Group$11.65B$11.37B$11.35B$10.32B$16.80B$14.11B$19.60B$29.01B
Client Solutions Group$12.41B$12.13B$11.88B$12.51B$12.50B$12.48B$13.49B$14.61B
Other businesses$966.00M$867.00M
Total$25.03B$24.37B$23.93B$23.38B$29.78B$27.01B$33.38B$43.84B

Other businesses was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.

Geographic Breakdown — United States

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SegmentFY'22FY'26
United States$46.75B$63.14B
Total$101.20B$113.54B

All segment values are derived from annual filings.

Geographic Breakdown — Foreign countries

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SegmentFY'22FY'23FY'24FY'25FY'26
Foreign countries$54.45B$53.10B$44.44B$44.55B$50.40B
Total$101.20B$113.46B$88.43B$95.57B$113.54B

All segment values are derived from annual filings.

Frequently Asked Questions

What is Dell Technologies's revenue?
Dell Technologies (DELL) reported revenue of $43.84B in Q1 2026.
How has Dell Technologies's revenue changed year-over-year?
Dell Technologies's revenue increased by 87.5% year-over-year, from $23.38B to $43.84B.
What is the long-term trend for Dell Technologies's revenue?
Over 4 years (2022 to 2026), Dell Technologies's revenue has grown at a 2.9% compound annual growth rate (CAGR), from $101.20B to $113.54B.