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DELL
Quarter ended Oct 31, 2025 · FY2026 Q3

Dell Technologies (DELL) Revenue — Quarter Ended Oct 31, 2025

Revenue for the quarter declined from the immediately preceding period but increased compared with the same quarter one year earlier. The sequential decrease follows a sharp rise in the prior quarter.

Key takeaway

Quarter ended Oct 31, 2025 · FY2026 Q3

Revenue for the quarter declined from the immediately preceding period but increased compared with the same quarter one year earlier. The sequential decrease follows a sharp rise in the prior quarter.

Financial snapshot

Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.

Quarter revenue

$27B

Revenue reported for this quarter.

Quarter-over-quarter

-9.3%

Change from the immediately preceding quarter.

Year-over-year

+10.8%

Change from the comparable year-ago quarter.

Trailing four quarters

$104.1B

Sum of the latest four reported quarters.

Quarterly revenue trend

The latest four reported quarters with year-over-year comparisons.

Period endedRevenueYear-over-year change
Jan 31, 2025$23.9B+14.4%
May 2, 2025$23.4B+5.1%
Aug 1, 2025$29.8B+19.0%
Oct 31, 2025$27B+10.8%

Revenue performance

Reported revenue moved lower sequentially, reflecting a reversal from the prior quarter's strong performance.

Quarterly comparison

Revenue fell from the prior quarter's level, but rose compared with the same quarter last year, indicating a mixed year-over-year and sequential trend.

What to watch

The sequential decline in revenue, after a sharp increase in the prior quarter, warrants monitoring of demand consistency.