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Dell Technologies (DELL) Operating Expenses (2016 - 2026)

Dell Technologies' Operating Expenses history spans 12 years, with the latest figure at $3.6 billion for Q1 2026.

  • For the quarter ending Q1 2026, Operating Expenses rose 3.38% year-over-year to $3.6 billion, compared with a TTM value of $14.6 billion through Jan 2026, down 3.03%, and an annual FY2026 reading of $14.6 billion, down 3.03% over the prior year.
  • Operating Expenses for Q1 2026 was $3.6 billion at Dell Technologies, up from $3.5 billion in the prior quarter.
  • The five-year high for Operating Expenses was $4.6 billion in Q1 2023, with the low at $3.5 billion in Q4 2025.
  • Average Operating Expenses over 5 years is $3.9 billion, with a median of $3.9 billion recorded in 2024.
  • Year-over-year, Operating Expenses soared 316.94% in 2022 and then dropped 16.25% in 2024.
  • Tracing DELL's Operating Expenses over 5 years: stood at $3.9 billion in 2022, then decreased by 7.17% to $3.7 billion in 2023, then decreased by 0.63% to $3.6 billion in 2024, then dropped by 4.53% to $3.5 billion in 2025, then increased by 4.72% to $3.6 billion in 2026.
  • Per Business Quant, the three most recent readings for DELL's Operating Expenses are $3.6 billion (Q1 2026), $3.5 billion (Q4 2025), and $3.7 billion (Q3 2025).