# Dell Technologies Inc. (DELL) FY2027 Q1 P&L / Income Statement

- Company: Dell Technologies Inc. (DELL)
- Period: 2026-01-31 to 2026-05-01
- Filing: Q1 FY2027 10-Q, filed 2026-06-09, accession number 0001571996-26-000030
- Page: https://plicit.ai/financials/dell/fy2027-q1-income-statement
- Chart image: https://plicit.ai/charts/dell-fy2027-q1-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2026-01-31 through 2026-05-01. View: Product and service. Revenue and costs use their disclosed categories.

- **Total net revenue**: 43,842,000,000 US dollars
- **Total cost of net revenue**: 36,060,000,000 US dollars
- **Gross margin**: 7,782,000,000 US dollars
- **Total operating expenses**: 4,126,000,000 US dollars
- **Operating income**: 3,656,000,000 US dollars
- **Interest and other, net**: 292,000,000 US dollars
- **Income before income taxes**: 3,948,000,000 US dollars
- **Income tax expense**: 510,000,000 US dollars
- **Net income**: 3,438,000,000 US dollars
- **Products revenue**: 38,105,000,000 US dollars
- **Services revenue**: 5,737,000,000 US dollars
- **Products cost of revenue**: 32,852,000,000 US dollars
- **Services cost of revenue**: 3,208,000,000 US dollars
- **Research and development**: 983,000,000 US dollars
- **Selling, general, and administrative**: 3,143,000,000 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/fy2027-q1-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/dell-fy2027-q1-revenue-by-business-segment-sankey.png

Income statement for 2026-01-31 through 2026-05-01. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total net revenue**: 43,842,000,000 US dollars
- **Total cost of net revenue**: 36,060,000,000 US dollars
- **Gross margin**: 7,782,000,000 US dollars
- **Total operating expenses**: 4,126,000,000 US dollars
- **Operating income**: 3,656,000,000 US dollars
- **Interest and other, net**: 292,000,000 US dollars
- **Income before income taxes**: 3,948,000,000 US dollars
- **Income tax expense**: 510,000,000 US dollars
- **Net income**: 3,438,000,000 US dollars
- **Infrastructure Solutions Group**: 29,009,000,000 US dollars
- **Client Solutions Group**: 14,609,000,000 US dollars
- **Research and development**: 983,000,000 US dollars
- **Selling, general, and administrative**: 3,143,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 43,618,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and other**: 224,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Infrastructure Solutions Group costs (calculated)**: 25,954,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Client Solutions Group costs (calculated)**: 13,439,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 793,000,000 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.