Dell Technologies (DELL) Cost of Revenue (2015 - 2026)

Dell Technologies (DELL) has reported Cost of Revenue for 12 consecutive years, with $36.1 billion the latest figure, recorded in Q2 2026.

• Cost of Revenue for Q2 2026 came in at $36.1 billion, up 95.54% year-over-year; the trailing twelve-month figure through May 2026 was $108.4 billion (up 43.9% YoY), and the FY2026 annual result was $90.8 billion, up 22.22% from the prior year.
• Cost of Revenue was $36.1 billion for Q2 2026 at Dell Technologies, up from $26.6 billion in the prior quarter.
• Over five years, Cost of Revenue peaked at $36.1 billion in Q2 2026 and troughed at $15.8 billion in Q2 2023.
• Average Cost of Revenue over 5 years is $20.6 billion, with a median of $19.1 billion recorded in 2022.
• Year-over-year, Cost of Revenue slipped 22.08% in 2023 and jumped 95.54% in 2026.
• Over 5 years, Cost of Revenue stood at $19.0 billion in 2022, then dropped by 10.33% to $17.0 billion in 2023, then grew by 11.47% to $19.0 billion in 2024, then rose by 12.66% to $21.4 billion in 2025, then soared by 68.41% to $36.1 billion in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $36.1 billion in Q2 2026, $26.6 billion in Q1 2026, and $21.4 billion in Q4 2025.