Dell Technologies (DELL)
Builds AI servers, storage systems, networking, and PCs for organizations and consumers.
$552.09
vs last close+3.16 (+0.58%)
In millions of USD, except per-share figures
| In millions | Q3 FY24Nov 2023 | Q4 FY24Jan 2024 | Q1 FY25May 2024 | Q2 FY25Aug 2024 | Q3 FY25Nov 2024 | Q4 FY25Jan 2025 | Q1 FY26May 2025 | Q2 FY26Aug 2025 | Q3 FY26Oct 2025 | Q4 FY26Jan 2026 | Q1 FY27May 2026 | Q2 FY27Jul 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 22,251 | 22,318 | 22,244 | 25,026 | 24,366 | 23,806 | 23,378 | 29,776 | 27,005 | 33,379 | 43,842 | 46,971 |
| Cost of revenue | 17,103 | 17,002 | 17,393 | 19,715 | 19,059 | 18,321 | 18,441 | 24,329 | 21,412 | 26,649 | 36,060 | 37,141 |
| Gross profit | 5,148 | 5,316 | 4,851 | 5,311 | 5,307 | 5,485 | 4,937 | 5,447 | 5,593 | 6,730 | 7,782 | 9,830 |
| 3,662 | 3,825 | 3,886 | 3,969 | 3,639 | 3,326 | 3,705 | 3,674 | 3,425 | 3,585 | 4,126 | 4,358 | |
| Research & development | 692 | 716 | 763 | 780 | 745 | 773 | 808 | 785 | 752 | 797 | 983 | 1,109 |
| 2,970 | 2,952 | 3,123 | 3,189 | 2,894 | 2,564 | 2,897 | 2,889 | 2,673 | 2,788 | 3,143 | 3,249 | |
| Selling & marketing | 0 | 900 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| General & administrative | 0 | 2,052 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other expenses | 0 | 157 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating income | 1,486 | 1,491 | 965 | 1,342 | 1,668 | 2,159 | 1,232 | 1,773 | 2,168 | 3,145 | 3,656 | 5,472 |
| −306 | −203 | −373 | −353 | −276 | −187 | −149 | −333 | −227 | −346 | 292 | −341 | |
| Interest income | 88 | 92 | 54 | 42 | 35 | 33 | 31 | 77 | 82 | 96 | 81 | 0 |
| Interest expense | 372 | 374 | 359 | 387 | 328 | 344 | 361 | 399 | 396 | 411 | 391 | 254 |
| Other non-operating income | −66 | −170 | 14 | −34 | −52 | −156 | −212 | −66 | −169 | −65 | −683 | 0 |
| Income before tax | 1,180 | 1,288 | 592 | 989 | 1,392 | 1,972 | 1,083 | 1,440 | 1,941 | 2,799 | 3,948 | 5,131 |
| Income tax expense | 176 | 130 | −400 | 148 | 265 | 440 | 118 | 276 | 393 | 540 | 510 | 998 |
| Net income from continuing operations | 1,004 | 1,158 | 992 | 841 | 1,127 | 1,532 | 965 | 1,164 | 1,548 | 2,259 | 3,438 | 4,133 |
| Net income | 1,006 | 1,160 | 997 | 846 | 1,132 | 1,533 | 965 | 1,164 | 1,548 | 2,259 | 3,438 | 4,133 |
| EPS, basic | $1.39 | $1.64 | $1.41 | $1.19 | $1.61 | $2.20 | $1.39 | $1.72 | $2.31 | $3.47 | $5.30 | $6.41 |
| EPS, diluted | $1.36 | $1.64 | $1.37 | $1.17 | $1.58 | $2.15 | $1.37 | $1.70 | $2.28 | $3.37 | $5.24 | $6.34 |
| Weighted average shares, basic | 722 | 713 | 708 | 708 | 708 | 696 | 692 | 692 | 671 | 652 | 649 | 645 |
| Weighted average shares, diluted | 740 | 730 | 727 | 724 | 724 | 713 | 702 | 702 | 680 | 670 | 656 | 652 |
| EBITDA | 2,374 | 2,502 | 1,751 | 2,160 | 2,485 | 3,089 | 2,182 | 2,601 | 3,093 | 3,983 | 5,097 | 6,226 |
| Depreciation & amortization | 822 | 841 | 800 | 784 | 765 | 774 | 738 | 762 | 756 | 773 | 758 | 754 |
| EBIT | 1,552 | 1,661 | 951 | 1,376 | 1,720 | 2,315 | 1,444 | 1,839 | 2,337 | 3,210 | 4,339 | 5,472 |
