Dell Technologies Inc. (DELL) Revenue History
Annual and quarterly revenue from 2015 to 2026
Compound Annual Growth Rate (CAGR)
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DELL Revenue Growth
Revenue Breakdown (FY 2025)
DELL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
DELL Revenue Analysis (2015–2026)
As of May 8, 2026, Dell Technologies Inc. (DELL) generated trailing twelve-month (TTM) revenue of $113.54 billion, reflecting explosive growth of +40.2% year-over-year. The most recent quarter (Q4 2026) recorded $33.38 billion in revenue, up 23.6% sequentially.
Looking at the longer-term picture, DELL's 5-year compound annual growth rate (CAGR) stands at +5.5%, indicating steady revenue expansion. The company achieved its highest annual revenue of $113.54 billion in 2026, representing a new all-time high.
Revenue diversification analysis shows DELL's business is primarily driven by Other Segments (96%), and Corporate, Non-Segment (4%). With over half of revenue concentrated in Other Segments, the company maintains significant focus in this area while developing other growth vectors.
When compared to Technology sector peers including HPQ (+4.4% YoY), HPE (+14.9% YoY), and NTAP (+3.1% YoY), DELL has outperformed the peer group in terms of revenue growth. Compare DELL vs HPQ →
DELL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| DELLCurrent | $113.5B | +40.2% | +5.5% | 7.2% | |
 HPQ | $55.3B | +4.4% | -0.5% | 6.6% | |
 HPE | $34.3B | +14.9% | +4.9% | 4.8% | |
 NTAP | $6.6B | +3.1% | +4.0% | 20.3% | |
 PSTG | $3.7B | +15.6% | +16.8% | 3.1% | |
 STX | $9.1B | +28.9% | -2.8% | 20.8% |
DELL Historical Revenue Data (2015–2026)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2026 | $113.54B | +18.8% | $22.71B | 20.0% | $8.15B | 7.2% |
| 2025 | $95.57B | +8.1% | $21.25B | 22.2% | $6.24B | 6.5% |
| 2024 | $88.42B | -13.6% | $21.07B | 23.8% | $5.41B | 6.1% |
| 2023 | $102.30B | +1.1% | $22.69B | 22.2% | $5.77B | 5.6% |
| 2022 | $101.20B | +16.8% | $21.89B | 21.6% | $4.66B | 4.6% |
| 2021 | $86.67B | +2.2% | $20.14B | 23.2% | $3.69B | 4.3% |
| 2020 | $84.81B | -6.4% | $20.64B | 24.3% | $2.37B | 2.8% |
| 2019 | $90.62B | +14.7% | $25.05B | 27.6% | $-191,000,000 | -0.2% |
| 2018 | $79.04B | +27.1% | $20.54B | 26.0% | $-2,416,000,000 | -3.1% |
| 2017 | $62.16B | +22.1% | $13.65B | 22.0% | $-2,390,000,000 | -3.8% |
Full DELL Stock Analysis
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Start ComparisonDELL — Frequently Asked Questions
Quick answers to the most common questions about buying DELL stock.
Is DELL's revenue growth accelerating or slowing?
DELL revenue is accelerating at +40.2% year-over-year, exceeding the 5-year CAGR of +5.5%. TTM revenue reached $113.5B. Growth momentum has increased versus prior periods.
What is DELL's long-term revenue growth rate?
Dell Technologies Inc.'s 5-year revenue CAGR of +5.5% reflects the sustained expansion pattern. Current YoY growth of +40.2% is above this long-term average.
How is DELL's revenue distributed by segment?
DELL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2015-2026 are available for download. Segment mix reveals concentration and diversification trends.