Commercial was Dell Technologies’s largest segment in fiscal 2026, bringing in $44.06B of $111.81B (39%).
| Segment | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Commercial | $45.56B | $39.81B | — | $44.06B | |||||
| Products | $154.00M | $103.00M | $71.42B | — | |||||
| Ai-Optimized Servers | — | — | — | $24.68B | |||||
| Services | $23.05B | $24.07B | — | — | |||||
| Traditional Servers & Networking | — | $15.75B | — | $19.51B | |||||
| Servers & Networking | $20.40B | — | — | — | |||||
| Storage | — | — | $16.46B | $16.63B | |||||
| Consumer | $12.66B | $9.10B | $7.55B | $6.92B | |||||
| Total | $101.82B | $88.84B | $95.43B | $111.81B |
Dell Technologies brought in $111.81B from its five segments in fiscal 2026, the year ended January 30, 2026. Dell Technologies regrouped these segments after fiscal 2025, so the total does not compare directly with that year's $95.43B. Commercial was the largest at $44.06B (39.4%), ahead of Ai-Optimized Servers at $24.68B (22.1%) and Traditional Servers & Networking at $19.51B (17.5%). The other two segments brought in $23.55B combined.
Compared with fiscal 2025, Storage grew 1.1% to $16.63B, while Consumer fell 8.3% to $6.92B.
Dell Technologies began breaking out Ai-Optimized Servers in fiscal 2026 and Traditional Servers & Networking in fiscal 2024. Dell Technologies stopped reporting Products ($71.42B in fiscal 2025), Services ($24.07B in fiscal 2024) and Servers & Networking ($20.40B in fiscal 2023) as separate segments.
Client Solutions Group was Dell Technologies’s largest segment in fiscal 2026, bringing in $44.06B of $68.75B (64%).
| Statement Business Segments | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Client Solutions Group | $45.56B | $48.92B | $7.55B | $44.06B | |||||||
| Infrastructure Solutions Group | $38.36B | $16.26B | $43.59B | $24.68B | |||||||
| Vmware | — | — | — | — | |||||||
| Other Businesses | — | — | — | — | |||||||
| Total | $83.91B | $65.18B | $51.14B | $68.75B |
Dell Technologies brought in $68.75B from its two segments in fiscal 2026, the year ended January 30, 2026. That is less than the $113.54B it reports by geography, so these segments do not cover all of its revenue. Client Solutions Group was the largest at $44.06B (64.1%), ahead of Infrastructure Solutions Group at $24.68B (35.9%).
Compared with fiscal 2025, Client Solutions Group grew 483.7% to $44.06B, while Infrastructure Solutions Group fell 43.4% to $24.68B.
United States was Dell Technologies’s largest region in fiscal 2026, bringing in $63.14B of $113.54B (56%).
| Geography | FY 2016 | FY 2018 | FY 2019 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 |
|---|---|---|---|---|---|---|---|---|
| United States | $49.20B | $43.99B | $51.01B | $63.14B | ||||
| Foreign Countries | $53.10B | $44.44B | $44.55B | $50.40B | ||||
| International | — | — | — | — | ||||
| Total | $102.30B | $88.43B | $95.57B | $113.54B |
Dell Technologies brought in $113.54B from its two regions in fiscal 2026, the year ended January 30, 2026. That was up 18.8% from $95.57B in fiscal 2025. United States was the largest at $63.14B (55.6%), ahead of Foreign Countries at $50.40B (44.4%).
Compared with fiscal 2025, United States grew 23.8% to $63.14B and Foreign Countries grew 13.1% to $50.40B. From fiscal 2023 to 2026, combined revenue from these regions grew from $102.30B to $113.54B, a compound annual growth rate of 3.5%. United States' share of the total rose from 48.1% to 55.6%.
Dell Technologies (DELL) reports its revenue by segment, by statement business segments and by geography. In fiscal 2026, Commercial was its largest segment, bringing in $44.06B (39.4% of the total), followed by Ai-Optimized Servers at $24.68B (22.1%).
Commercial was Dell Technologies' largest segment in fiscal 2026, bringing in $44.06B, or 39.4% of the $111.81B total across its five segments.
United States was Dell Technologies' largest region in fiscal 2026, bringing in $63.14B, or 55.6% of the $113.54B total across its two regions.
Client Solutions Group grew faster than Infrastructure Solutions Group in fiscal 2026, up 483.7% from $7.55B to $44.06B. Infrastructure Solutions Group fell 43.4% to $24.68B.
Every figure comes from Dell Technologies' annual financial filings, as reported. Each line keeps the name Dell Technologies gives it, and years follow its fiscal calendar.
Dell Technologies' revenue by segment goes back to fiscal 2016, with figures through fiscal 2026. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.