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DELLDell Technologies Inc.
$416.98$277.0B
Overview & Verdict
OverviewShould I Buy?
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DELL logoDell Technologies Inc.(DELL)Earnings, Financials & Key Ratios

DELL•NYSE
$416.98
48.0× P/E·Price updated Jul 7, 2026
SectorTechnologyIndustryComputer HardwareSub-IndustryData Center Compute and Storage
AboutDell Technologies Inc. designs, develops, manufactures, markets, sells, and supports information technology (IT) solutions, products, and services worldwide. The company operates through three segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment provides traditional and next-generation storage solutions; and rack, blade, tower, and hyperscale servers. This segment also offers networking products and services that help its business customers to transform and modernize their infrastructure, mobilize and enrich end-user experiences, and accelerate business applications and processes; attached software and peripherals; and support and deployment, configuration, and extended warranty services. The CSG segment provides desktops, workstations, and notebooks; displays and projectors; attached and third-party software and peripherals, as well as support and deployment, configuration, and extended warranty services. The VMware segment supports customers in the areas of hybrid and multi-cloud, modern applications, networking, security, and digital workspaces, helping customers to manage IT resource across private clouds and complex multi-cloud, multi-device environments. Dell Technologies Inc. also provides information security; and cloud software and infrastructure-as-a-service solutions that enable customers to migrate, run, and manage mission-critical applications in cloud-based IT environments. The company was formerly known as Denali Holding Inc. and changed its name to Dell Technologies Inc. in August 2016. Dell Technologies Inc. was founded in 1984 and is headquartered in Round Rock, Texas.Show more
  • Revenue$113.54B+18.8%
  • EBITDA$11.47B+22.6%
  • Net Income$5.94B+29.3%
  • EPS (Diluted)8.68+36.1%
  • Gross Margin20%-10.1%
  • EBITDA Margin10.11%+3.2%
  • Operating Margin7.44%+14.0%
  • Net Margin5.23%+8.8%

DELL Price & Volume

Dell Technologies Inc. (DELL) stock price & volume — 10-year historical chart

Loading chart...

AI Infrastructure Scaling Drives Massive Revenue Growth

Investment Thesis • Updated 2027Q1

VerdictNeutral
Growth:Accelerating
Profitability:Moderate
Financial:Mixed
Cash Flow:Robust
Primary Risk:AI Server Margin Dilution

Key Thesis Takeaways

  • Dell Technologies is currently undergoing a transformative growth phase, with 2027Q1 revenue surging 87.5% year-over-year as the company pivots toward high-volume AI-optimized server deployments.
  • While this expansion has successfully scaled operating income to $3.7B, investors should monitor the potential for long-term margin erosion, as gross margins compressed to 17.8% due to the lower-margin profile of these hardware shipments.
  • The company's ability to maintain a $27.5B deferred revenue buffer and zero stock-based compensation expense provides a degree of earnings quality, though the persistent negative equity position of $1.4B warrants continued caution regarding balance sheet health.

Verdict Logic

while the 87.5% revenue growth is compelling, the current P/E of 46.02 and the ongoing negative equity position suggest that the market has already priced in significant optimism regarding the AI server transition.

DELL Growth Metrics

Dell Technologies Inc. (DELL) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years8.35%
5 Years5.55%
3 Years3.53%
TTM38.75%

Profit CAGR

10 Years-
5 Years12.8%
3 Years34.46%
TTM87.87%

EPS CAGR

10 Years-
5 Years15.52%
3 Years38.89%
TTM100.8%

Return on Capital

10 Years8.26%
5 Years16.35%
3 Years19.14%
Last Year23.71%

DELL Recent Earnings

Dell Technologies Inc. (DELL) EPS & revenue vs analyst estimates — last 4 quarters

Full history →
●Beat EPS 11/12 qtrs (92%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
May 28, 2026
Metric
Actual
Est
EPS
$4.86+64.2%
$2.96
Rev
$43.8B+22.7%
$35.7B
Q1 2026
Feb 26, 2026
Metric
Actual
Est
EPS
$3.89+10.2%
$3.53
Rev
$33.4B+5.4%
$31.7B
Q4 2025
Nov 25, 2025
Metric
Actual
Est
EPS
$2.59+4.9%
$2.47
Rev
$27.0B-0.6%
$27.2B
Q3 2025
Aug 28, 2025
Metric
Actual
Est
EPS
$2.32+1.3%
$2.29
Rev
$29.8B+2.6%
$29.0B
QuarterDateEPS (Act vs Est)Revenue (Act vs Est)
Q2 2026LatestMay 28, 2026
$4.86vs $2.96+64.2%
$43.8Bvs $35.7B+22.7%
Q1 2026Feb 26, 2026
$3.89vs $3.53+10.2%
$33.4Bvs $31.7B+5.4%
Q4 2025Nov 25, 2025
$2.59vs $2.47+4.9%
$27.0Bvs $27.2B-0.6%
Q3 2025Aug 28, 2025
$2.32vs $2.29+1.3%
$29.8Bvs $29.0B+2.6%
Based on last 12 quarters of dataView full earnings history →

Latest DELL News

Recent stock market news and headlines for Dell Technologies Inc. (DELL)

Fool - Investing News·Jun 28, 2026
This Overlooked AI Infrastructure Stock Could Be 2026's Biggest Winner

A name not exactly known for being an artificial intelligence player is making major inroads by offering simple-but-comprehensive platform solutions.

Fox Business·Jun 26, 2026
Dell shareholders approve legal move from Delaware to Texas

Michael Dell says Texas is where the company has always belonged as shareholders overwhelmingly approve the reincorporation move from Delaware.

ETF Trends·Jun 26, 2026
From Tech Giants to MANGOS: A New ETF Trend Emerges

During the past month, the ETF market has seen a wave of excitement surrounding a concentrated group of companies. While investors still want exposure to the tech giants that have dominated the past few years, the successful launch of SpaceX in early June created widespread anticipation for planned IPOs like Anthropic and OpenAI.

Zacks Investment Research·Jun 26, 2026
Dell Technologies Inc. (DELL) is Attracting Investor Attention: Here is What You Should Know

Dell Technologies (DELL) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.

Zacks Investment Research·Jun 26, 2026
4 Stocks With Strong Interest Coverage Ratios to Buy for H2 2026

CASY, DELL, TILE and CLS stand out for strong interest coverage ratios, solid EPS growth prospects and big one-year stock gains.

Peers Comparison

Key metrics vs top competitors for Dell Technologies Inc. (DELL)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
DELL logoDELLDell Technologies Inc.Current
$416.98$276.98B48.0418.8%5.23%—0.51%
HPQ logoHPQHP Inc.
$22.96$21B8.663.24%4.45%——
HPE logoHPEHewlett Packard Enterprise Company
$43.45$57.53B-974.1014.06%3.9%6.11%—
NTAP logoNTAPNetApp, Inc.
$165.78$32.83B26.075.37%18.43%114.18%—
PSTG logoPSTGEverpure, Inc
$86.22$28.49B183.45—5.89%17.22%—
STX logoSTXSeagate Technology Holdings plc
$915.19$199.58B135.1838.86%21.6%916.38%—

Compare DELL vs Peers

Dell Technologies Inc. (DELL) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs HPQ

Most directly comparable listed peer for DELL.

Scale Benchmark

vs NVDA

Larger-name benchmark to compare DELL against a more recognizable public peer.

Peer Set

Compare Top 5

vs HPQ, HPE, NTAP, PSTG

DELL SEC Filings & Documents

Dell Technologies Inc. (DELL) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

May 28, 2026·SEC

Material company update

Apr 20, 2026·SEC

Material company update

Feb 26, 2026·SEC

10-K Annual Reports

2
FY 2026

Mar 16, 2026·SEC

FY 2025

Mar 25, 2025·SEC

10-Q Quarterly Reports

3
FY 2025

Dec 9, 2025·SEC

FY 2025

Sep 8, 2025·SEC

FY 2025

Jun 10, 2025·SEC

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DELL Frequently Asked Questions

Dell Technologies Inc. (DELL) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Dell Technologies Inc.'s revenue?

Dell Technologies Inc. (DELL) reported $134.00B in revenue for fiscal year 2026. This represents a 138% increase from $56.38B in 2014.

How fast is Dell Technologies Inc. growing?

Dell Technologies Inc. (DELL) grew revenue by 18.8% over the past year. This is strong growth.

Is DELL profitable?

Yes, Dell Technologies Inc. (DELL) is profitable, generating $8.41B in net income for fiscal year 2026 (5.2% net margin).

Dividend & Returns
Does DELL pay dividends?

Yes, Dell Technologies Inc. (DELL) pays a dividend with a yield of 0.51%. This makes it attractive for income-focused investors.

What is Dell Technologies Inc.'s free cash flow?

Dell Technologies Inc. (DELL) generated $9.44B in free cash flow for fiscal year 2026. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in DELL back in 2014?

Total return calculator · dividends reinvested · 12+ years of data

See returns →