Growth Metrics

Dell Technologies (DELL) Cost of Revenue (2016 - 2026)

Dell Technologies (DELL) has disclosed Cost of Revenue for 11 consecutive years, with $18.1 billion as the latest value for Q1 2025.

  • For the quarter ending Q1 2025, Cost of Revenue rose 6.49% year-over-year to $18.1 billion, compared with a TTM value of $74.2 billion through Jan 2025, up 9.92%, and an annual FY2025 reading of $74.3 billion, up 10.01% over the prior year.
  • Cost of Revenue was $18.1 billion for Q1 2025 at Dell Technologies, down from $19.0 billion in the prior quarter.
  • Across five years, Cost of Revenue topped out at $22.4 billion in Q1 2022 and bottomed at $15.9 billion in Q2 2023.
  • Average Cost of Revenue over 5 years is $18.8 billion, with a median of $19.0 billion recorded in 2024.
  • The sharpest move saw Cost of Revenue grew 28.78% in 2021, then fell 21.78% in 2023.
  • Year by year, Cost of Revenue stood at $20.9 billion in 2021, then decreased by 8.98% to $19.0 billion in 2022, then fell by 10.33% to $17.0 billion in 2023, then rose by 11.47% to $19.0 billion in 2024, then dropped by 4.74% to $18.1 billion in 2025.
  • Business Quant data shows Cost of Revenue for DELL at $18.1 billion in Q1 2025, $19.0 billion in Q4 2024, and $19.7 billion in Q3 2024.