Dell Technologies Inc.
DELLTech hardwaredell.com
Latest available resultsJuly 31, 2026Quarter · 10-Q filed Sep 8, 2026
Next reportNovember 24, 2026forecast 6.682 $/share
Revenue
$46.97B
▲ +57.7% vs prior year YoY
Net income
$4.13B
▲ +255.1% vs prior year YoY
EPS
6.34$
▲ +272.9% vs prior year YoY
Net margin
8.8%
▲ +4.9 pp vs prior year YoY
Revenue▲ +57.7%
Margins (% of revenue)GrossOperatingNet
Net income▲ +255.1%
EPS▲ +272.9%
Financial statements
View 10-Q filed September 8, 2026 on SEC ↗| Metric | Nov 2024 | Jan 2025* | May 2025 | Aug 2025 | Oct 2025 | Jan 2026* | May 2026 | Jul 2026 | YoY |
|---|---|---|---|---|---|---|---|---|---|
| Operations | |||||||||
| Revenue | $24.37B | $23.93B | $23.38B | $29.78B | $27.00B | $33.38B | $43.84B | $46.97B | ▲ +57.7% |
| Gross profit | $5.36B | $5.83B | $4.94B | $5.45B | $5.59B | $6.73B | $7.78B | $9.83B | ▲ +80.5% |
| Operating income | $1.72B | $2.31B | $1.17B | $1.77B | $2.12B | $3.09B | $3.66B | $5.38B | ▲ +203.7% |
| Net income | $1.18B | $1.65B | $965.00M | $1.16B | $1.55B | $2.26B | $3.44B | $4.13B | ▲ +255.1% |
| R&D | $745.00M | $773.00M | $808.00M | $785.00M | $752.00M | $797.00M | $983.00M | $1.11B | ▲ +41.3% |
| EPS (diluted) | 1.64 $ | — | 1.37 $ | 1.70 $ | 2.28 $ | — | 5.24 $ | 6.34 $ | ▲ +272.9% |
| Margins (% of revenue) | |||||||||
| Gross | 22.0 % | 24.3 % | 21.1 % | 18.3 % | 20.7 % | 20.2 % | 17.8 % | 20.9 % | ▲ +2.6 pt |
| Operating | 7.1 % | 9.6 % | 5.0 % | 6.0 % | 7.8 % | 9.3 % | 8.3 % | 11.5 % | ▲ +5.5 pt |
| Net | 4.8 % | 6.9 % | 4.1 % | 3.9 % | 5.7 % | 6.8 % | 7.8 % | 8.8 % | ▲ +4.9 pt |
| Balance sheet | |||||||||
| Assets | $81.95B | $79.75B | $86.87B | $89.18B | $87.48B | $101.29B | $114.91B | $127.39B | ▲ +42.9% |
| Liabilities | $84.14B | $81.13B | $89.89B | $91.94B | $90.10B | $103.76B | $116.32B | $128.82B | ▲ +40.1% |
| Equity | −$2.19B | −$1.39B | −$3.02B | −$2.77B | −$2.62B | −$2.47B | −$1.40B | −$1.43B | ▲ +48.4% |
| Cash | $5.22B | $3.63B | $7.70B | $8.14B | $9.57B | $11.53B | $11.58B | $11.57B | ▲ +42.0% |
| Capital | |||||||||
| Shares outstandingnever filed | — | — | — | — | — | — | — | — | — |
| Public floatexcluding insiders | — | — | — | — | — | — | — | — | — |
* No 10-Q is filed for a fourth quarter: these amounts are the fiscal year minus the first three quarters, all filed. EPS stays blank — dilution doesn't subtract.