# Dell Technologies Inc. (DELL) FY2026 Q1 P&L / Income Statement

- Company: Dell Technologies Inc. (DELL)
- Period: 2025-02-01 to 2025-05-02
- Filing: Q1 FY2026 10-Q, filed 2025-06-10, accession number 0001571996-25-000063
- Page: https://plicit.ai/financials/dell/fy2026-q1-income-statement
- Chart image: https://plicit.ai/charts/dell-fy2026-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-02-01 through 2025-05-02. View: Product and service. Revenue and costs use their disclosed categories.

- **Total net revenue**: 23,378,000,000 US dollars
- **Total cost of net revenue**: 18,441,000,000 US dollars
- **Gross margin**: 4,937,000,000 US dollars
- **Total operating expenses**: 3,772,000,000 US dollars
- **Operating income**: 1,165,000,000 US dollars
- **Interest and other, net**: negative 82,000,000 US dollars
- **Income before income taxes**: 1,083,000,000 US dollars
- **Income tax expense (benefit)**: 118,000,000 US dollars
- **Net income**: 965,000,000 US dollars
- **Products revenue**: 17,599,000,000 US dollars
- **Services revenue**: 5,779,000,000 US dollars
- **Products cost of revenue**: 15,116,000,000 US dollars
- **Services cost of revenue**: 3,325,000,000 US dollars
- **Research and development**: 808,000,000 US dollars
- **Selling, general, and administrative**: 2,964,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/dell/fy2026-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/dell-fy2026-q1-revenue-by-business-segment-sankey.png

Income statement for 2025-02-01 through 2025-05-02. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total net revenue**: 23,378,000,000 US dollars
- **Total cost of net revenue**: 18,441,000,000 US dollars
- **Gross margin**: 4,937,000,000 US dollars
- **Total operating expenses**: 3,772,000,000 US dollars
- **Operating income**: 1,165,000,000 US dollars
- **Interest and other, net**: negative 82,000,000 US dollars
- **Income before income taxes**: 1,083,000,000 US dollars
- **Income tax expense (benefit)**: 118,000,000 US dollars
- **Net income**: 965,000,000 US dollars
- **Infrastructure Solutions Group**: 10,317,000,000 US dollars
- **Client Solutions Group**: 12,509,000,000 US dollars
- **Research and development**: 808,000,000 US dollars
- **Selling, general, and administrative**: 2,964,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 22,826,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and other**: 552,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Infrastructure Solutions Group costs (calculated)**: 9,319,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Client Solutions Group costs (calculated)**: 11,856,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 1,038,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.