Total Cost of Revenue
Dell Technologies Total Cost of Revenue increased by 24.5% to $26.65B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 47.2%, from $18.11B to $26.65B. Over 4 years (FY 2022 to FY 2026), Total Cost of Revenue shows an upward trend with a 2.9% 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 may indicate rising component costs or manufacturing inefficiencies, whereas a decrease suggests better economies of scale.
Detailed definition
The direct costs attributable to the production of the goods sold and the delivery of services. This typically encompass...
Peer comparison
In the consumer electronics industry, this is often compared against revenue to determine the efficiency of the supply chain.
is_total_cost_of_revenueHistorical 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 | $16.83B | $18.14B | $20.34B | $24.01B | $20.33B | $20.99B | $19.01B | $19.28B | $15.90B | $17.55B | $17.10B | $16.95B | $17.44B | $19.72B | $19.06B | $18.11B | $18.44B | $24.33B | $21.41B | $26.65B |
| QoQ Change | — | +7.8% | +12.1% | +18.0% | -15.3% | +3.2% | -9.4% | +1.4% | -17.5% | +10.3% | -2.5% | -0.9% | +2.9% | +13.1% | -3.3% | -5.0% | +1.9% | +31.9% | -12.0% | +24.5% |
| YoY Change | — | — | — | — | +20.8% | +15.7% | -6.5% | -19.7% | -21.8% | -16.4% | -10.1% | -12.1% | +9.6% | +12.4% | +11.4% | +6.8% | +5.8% | +23.4% | +12.3% | +47.2% |
Business Segments
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 Q1 2026.
- How has Dell Technologies's total cost of revenue changed year-over-year?
- Dell Technologies's total cost of revenue increased by 47.2% year-over-year, from $18.11B 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 2.9% compound annual growth rate (CAGR), from $73.27B to $82.29B.
- What does total cost of revenue mean?
- The direct cost of making the products or providing the services that a company sells.