Growth Metrics

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

Dell Technologies (DELL) has disclosed Operating Expenses for 11 consecutive years, with $3.5 billion as the latest value for Q1 2025.

  • For the quarter ending Q1 2025, Operating Expenses fell 8.0% year-over-year to $3.5 billion, compared with a TTM value of $15.0 billion through Jan 2025, down 4.12%, and an annual FY2025 reading of $15.0 billion, down 4.12% over the prior year.
  • Operating Expenses was $3.5 billion for Q1 2025 at Dell Technologies, down from $3.6 billion in the prior quarter.
  • Across five years, Operating Expenses topped out at $4.6 billion in Q1 2023 and bottomed at -$1.8 billion in Q1 2021.
  • Average Operating Expenses over 5 years is $3.7 billion, with a median of $4.0 billion recorded in 2024.
  • The sharpest move saw Operating Expenses tumbled 72.55% in 2021, then surged 316.94% in 2022.
  • Year by year, Operating Expenses stood at $4.5 billion in 2021, then dropped by 12.1% to $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 fell by 3.3% to $3.5 billion in 2025.
  • Business Quant data shows Operating Expenses for DELL at $3.5 billion in Q1 2025, $3.6 billion in Q4 2024, and $4.0 billion in Q3 2024.