Dell Technologies Inc. (DELL) Revenue by Segment

Dell Technologies revenue by segment at a glance

In Q2 fiscal 2027 (the quarter ended July 31, 2026), Dell Technologies's largest business segment was Infrastructure Solutions Group, with $31.78 billion or 68% of revenue, up 89.2% from a year earlier. Next: Client Solutions (32%).

By product or service, Product brought in 88% and Service brought in 12% of revenue in Q2 fiscal 2027.

The fastest-growing business segment from a year earlier was Infrastructure Solutions Group (+89.2%).

From company filings, in USD; latest quarter ended July 31, 2026; quarterly data from Q3 fiscal 2018.

Dell Technologies Inc.

DELLTechnology

United States

Technology

Revenue breakdown

Fiscal quarters, from company filings

Segments by quarter (USD)

Click a bar to see that period below. Striped bars are calculated fourth quarters; an empty slot means it could not be calculated on the same basis i

Client SolutionsInfrastructure Solutions GroupVMware, Inc.All other segmentsCorporate and otherOther Operating

Q2 FY27 breakdown

Fiscal quarter ended Jul 31, 2026

Item	Revenue	Share	vs year before
Infrastructure Solutions Group	USD 31.78B	67.9%	+89.2%
Client Solutions	USD 15.03B	32.1%	+20.2%
Corporate and otheri	USD 155.00M		-67.2%

Sum of items USD 46.82B; corporate items and eliminations USD 155.00M. Shares are of the items shown. Click an item with › to see its parts.

Also reported by:

All periods

Every item and period in one grid. Purple = calculated; "–" = not available.

Item	Q2 FY27	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24	Q1 FY24	Q4 FY23	Q3 FY23	Q2 FY23	Q1 FY23	Q4 FY22	Q3 FY22	Q2 FY22	Q1 FY22	Q4 FY21	Q3 FY21	Q2 FY21	Q1 FY21	Q4 FY20	Q3 FY20	Q2 FY20	Q1 FY20	Q4 FY19	Q3 FY19	Q2 FY19	Q1 FY19	Q4 FY18	Q3 FY18
Client Solutions	15.0B	14.6B	13.5B	12.5B	12.5B	12.5B	11.9B	12.1B	12.4B	12.0B	–	12.3B	12.9B	12.0B	–	13.8B	15.5B	15.6B	17.3B	16.6B	14.3B	13.3B	–	12.3B	11.2B	11.1B	–	11.4B	11.7B	10.9B	10.9B	10.9B	11.1B	10.3B	–	9.8B
Infrastructure Solutions Group	31.8B	29.0B	19.6B	14.1B	16.8B	10.3B	11.4B	11.4B	11.6B	9.2B	–	8.5B	8.5B	7.6B	–	9.6B	9.5B	9.3B	9.2B	8.6B	8.6B	8.0B	–	8.0B	8.2B	7.6B	–	8.4B	8.6B	8.2B	9.9B	8.9B	9.2B	8.7B	–	7.5B
VMware, Inc.	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	2.9B	2.9B	2.8B	–	2.7B	2.7B	2.5B	2.6B	2.2B	2.2B	2.0B	–	1.9B
All other segments	–	–	–	–	–	–	–	–	–	–	–	1.5B	1.5B	1.3B	–	1.3B	1.4B	1.2B	1.4B	1.3B	1.4B	1.3B	–	–	–	–	–	456.0M	434.0M	421.0M	593.0M	583.0M	–	–	–	–
Corporate and other	155.0M	224.0M	283.0M	420.0M	473.0M	552.0M	698.0M	867.0M	966.0M	1.1B	–	–	3.0M	3.0M	–	3.0M	–	5.0M	4.0M	–	–	–	–	4.0M	–	–	–	–	–	–	–	–	- 1.0M	- 2.0M	–	- 3.0M
Other Operating	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	314.0M	457.0M	517.0M	–	–	–	–	–	–	574.0M	579.0M	–	557.0M

Dell Technologies revenue by business segment, last 4 quarters

Business segment	Q2 FY27	Q1 FY27	Q3 FY26	Q2 FY26	Share
Infrastructure Solutions Group	$31.8B	$29.0B	$14.1B	$16.8B	68%
Client Solutions	$15.0B	$14.6B	$12.5B	$12.5B	32%

In USD, fiscal quarters as reported; share = part of Q2 FY27 revenue.

Dell Technologies revenue by product or service, last 4 quarters

Product or service	Q2 FY27	Q1 FY27	Q3 FY26	Q2 FY26	Share
Product	$41.1B	$38.1B	$21.3B	$23.9B	88%
Service	$5.9B	$5.7B	$5.8B	$5.8B	12%

In USD, fiscal quarters as reported; share = part of Q2 FY27 revenue.

Questions and answers

What are Dell Technologies's business segments?

Infrastructure Solutions Group and Client Solutions (as reported for Q2 fiscal 2027).

Which business segment makes the most money for Dell Technologies?

Infrastructure Solutions Group: $31.78 billion, or 68% of revenue, in Q2 fiscal 2027.

What are Dell Technologies's main products and services?

By revenue in Q2 fiscal 2027: Product (88%) and Service (12%).

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Disclaimer: This analysis is for informational and educational purposes only and does not constitute financial, investment, tax, or legal advice. Data may be incomplete, delayed, or contain inaccuracies. Consult with a qualified financial advisor before making any investment decisions.