Operating Income
Dell Technologies Operating Income increased by 45.9% to $3.09B in Q4 2025 compared to the prior quarter. Year-over-year, this metric grew by 43.2%, from $2.16B to $3.09B. Over 4 years (FY 2022 to FY 2026), Operating Income shows an upward trend with a 15.0% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
Growth in operating income suggests that the core business is becoming more profitable and efficient.
Detailed definition
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
Peer comparison
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
operating_incomeHistorical Data
| Q1 '21 | 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.38B | $1.37B | $1.35B | $563.00M | $1.55B | $1.27B | $1.76B | $1.19B | $1.07B | $1.17B | $1.49B | $1.55B | $920.00M | $1.34B | $1.67B | $2.16B | $1.17B | $1.77B | $2.12B | $3.09B |
| QoQ Change | — | -0.2% | -1.7% | -58.3% | +175.3% | -18.1% | +38.7% | -32.5% | -10.1% | +9.0% | +27.6% | +4.1% | -40.5% | +45.9% | +24.3% | +29.4% | -46.0% | +52.2% | +19.5% | +45.9% |
| YoY Change | — | — | — | — | +12.7% | -7.4% | +30.6% | +111.2% | -31.0% | -8.3% | -15.7% | +30.1% | -13.9% | +15.2% | +12.2% | +39.6% | +26.6% | +32.1% | +27.0% | +43.2% |
Business Segments
| Segment | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 |
|---|---|---|---|---|---|---|---|---|
| Infrastructure Solutions Group | $736.00M | $1.28B | $1.51B | $2.05B | $998.00M | $1.47B | $1.74B | $2.90B |
| Client Solutions | $732.00M | $767.00M | $694.00M | $779.00M | $653.00M | $803.00M | $748.00M | $629.00M |
| All Other Segments | $6.00M | -$17.00M | -$3.00M | — | — | — | — | — |
| Total | $920.00M | $1.34B | $1.67B | $2.16B | $1.17B | $1.77B | $2.12B | $3.09B |
All Other Segments was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Dell Technologies's operating income?
- Dell Technologies (DELL) reported operating income of $3.09B in Q4 2025.
- How has Dell Technologies's operating income changed year-over-year?
- Dell Technologies's operating income increased by 43.2% year-over-year, from $2.16B to $3.09B.
- What is the long-term trend for Dell Technologies's operating income?
- Over 4 years (2022 to 2026), Dell Technologies's operating income has grown at a 15.0% compound annual growth rate (CAGR), from $4.66B to $8.15B.
- What does operating income mean?
- The profit earned from core business activities, before accounting for interest and taxes.