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

Dell Technologies filings provide 12 years of Operating Expenses readings, the most recent being $3.6 billion for Q1 2026.

  • On a quarterly basis, Operating Expenses rose 3.38% to $3.6 billion in Q1 2026 year-over-year; TTM through Jan 2026 was $14.6 billion, a 3.03% decrease, with the full-year FY2026 number at $14.6 billion, down 3.03% from a year prior.
  • Operating Expenses hit $3.6 billion in Q1 2026 for Dell Technologies, up from $3.5 billion in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $4.6 billion in Q1 2023 to a low of $3.5 billion in Q4 2025.
  • Median Operating Expenses over the past 5 years was $3.9 billion (2024), compared with a mean of $3.9 billion.
  • Biggest five-year swings in Operating Expenses: soared 316.94% in 2022 and later dropped 16.25% in 2024.
  • Dell Technologies' Operating Expenses 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.
  • The last three reported values for Operating Expenses were $3.6 billion (Q1 2026), $3.5 billion (Q4 2025), and $3.7 billion (Q3 2025) per Business Quant data.