Dell Technologies Inc
Statements
Segments
US companies must disclose in their mandatory reports how revenue breaks down across business segments, regions and product lines. We read that breakdown for you straight from the annual and quarterly reports (10-K and 10-Q) of Dell Technologies Inc (DELL). It shows which part of the business is growing — and which one is holding it back.
Revenue by business segment
| Segment | Q3 2025 | Q2 2026 | Q3 2026 |
|---|---|---|---|
| Infrastructure Solutions Group | $16.80B 57.3% | $29.01B 66.5% | $31.78B 67.9% |
| Client Solutions Group | $12.50B 42.7% | $14.61B 33.5% | $15.03B 32.1% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
| Segment | Q3 2025 | Q2 2026 | Q3 2026 |
|---|---|---|---|
| Infrastructure Solutions Group | $1.47B 8.8% | $3.06B 10.5% | $4.78B 15.0% |
| Client Solutions Group | $803.0M 6.4% | $1.17B 8.0% | $1.14B 7.6% |
Large figure: segment operating income. Below it the margin, that is operating income measured against the revenue of the same segment.
Revenue by product line
| Segment | Q2 2025 | Q3 2025 | Q2 2026 | Q3 2026 |
|---|---|---|---|---|
| Products | $17.60B 75.3% | $23.94B 80.4% | $38.11B 86.9% | $41.11B 87.5% |
| Services | $5.78B 24.7% | $5.84B 19.6% | $5.74B 13.1% | $5.86B 12.5% |
Large figure: segment revenue. Below it the share of revenue in that period and the change against the prior year.
Remaining performance obligations
Remaining performance obligations are the part of the business already sold but not yet delivered and therefore not yet booked as revenue. In subscription and project businesses it points the way earlier than revenue does.
| As of | Remaining performance obligations |
|---|---|
| Q3 2026 | $132.00B |
| Q2 2026 | $97.00B |
| Q1 2026 | $82.00B |
| Q4 2025 | $51.00B |
| Q3 2025 | $44.00B |
| Q2 2025 | $49.00B |
| Q1 2025 | $38.00B |
| Q4 2024 | $37.00B |
Operating metrics
Operating metrics are the figures a company uses to measure its own business — customer counts, stores, deliveries or the churn rate. None of them appear in the financial statements, and they often explain earlier than revenue does why revenue is moving.
| Metric | Q2 2025 | Q3 2025 | Q4 2025 | Q2 2026 | Q3 2026 |
|---|---|---|---|---|---|
| New financing originations | $1.60B | – | – | $2.80B +75.0% | $7.50B |
| Share of net revenue from outside the United States | – | 40.0% | 40.0% | 45.0% | 40.0% +0.0% |
| Financing receivables principal charge-off rate | 0.3% | – | – | 0.3% +0.0% | 0.5% |
These metrics are not part of the financial statements; they sit in the narrative text of the filings. We read them out of the SEC filings using artificial intelligence and check every single figure against the original passage in the report; anything that is not found there verbatim is discarded. Source: SEC EDGAR (annual and quarterly reports, 10-K/10-Q).
Segment and region names are the ones the company itself uses and are shown as reported. Change and share refer to revenue.
Data as of: September 25, 2026 · Source: fundamental data & SEC filings (annual and quarterly reports, 10-K/10-Q) · Segment figures: SEC EDGAR (10-K/10-Q reports)
Note: pure fact-based analysis, not investment advice and not a solicitation to buy or sell. All figures without guarantee.