Dell Technologies Inc financials

Key figures from Dell Technologies Inc's filings with the U.S. Securities and Exchange Commission: the latest quarter against a year earlier, and the trend across recent quarters and fiscal years.

Latest quarter vs a year earlier

MetricJul 2026Aug 2025Change
Revenue$47.0B$29.8B+57.7%
Net income$4.1B$1.2B+255.1%
Free cash flow$986M$1.9B-47.2%
Gross margin20.9%18.3%+2.6 pts
Operating margin11.5%6.0%+5.5 pts
Net margin8.8%3.9%+4.9 pts

Quarterly trend

Revenue by quarter
$22.3BNov 2023$22.3BFeb 2024$22.2BMay 2024$25.0BAug 2024$24.4BNov 2024$23.9BJan 2025$23.4BMay 2025$29.8BAug 2025$27.0BOct 2025$33.4BJan 2026*$43.8BMay 2026$47.0BJul 2026
Net income by quarter
$1.1BNov 2023$1.2BFeb 2024$997MMay 2024$887MAug 2024$1.2BNov 2024$1.5BJan 2025$965MMay 2025$1.2BAug 2025$1.5BOct 2025$2.3BJan 2026*$3.4BMay 2026$4.1BJul 2026
Free cash flow by quarter
$1.4BNov 2023$806MFeb 2024$447MMay 2024$658MAug 2024$914MNov 2024-$150MJan 2025$2.2BMay 2025$1.9BAug 2025$503MOct 2025$4.0BJan 2026*$3.1BMay 2026$986MJul 2026
Margins by quarter
0%14%27%Nov 2023Feb 2024May 2024Aug 2024Nov 2024Jan 2025May 2025Aug 2025Oct 2025Jan 2026*May 2026Jul 202623.4%24.1%21.8%21.4%22.0%23.7%21.1%18.3%20.7%20.2%17.8%20.9%6.9%6.9%4.3%5.6%7.1%9.0%5.0%6.0%7.8%9.3%8.3%11.5%4.7%5.4%4.5%3.5%4.8%6.4%4.1%3.9%5.7%6.8%7.8%8.8%

Fiscal years

Fiscal yearRevenueNet incomeNet marginFree cash flowEPS (diluted)
FY Jan 2026$113.5B$5.9B5.2%$8.6B$8.68
FY Jan 2025$95.6B$4.6B4.8%$1.9B$6.38
FY Feb 2024$88.4B$3.4B3.8%$5.9B$4.60
FY Feb 2023$102.3B$2.4B2.4%$562M$3.24
FY Jan 2022$101.2B$5.7B5.6%$7.5B

* Fiscal fourth quarter computed from the annual filing minus the three reported quarters. All figures from company filings with the SEC.

This content is for informational purposes only and is not investment advice. Always do your own research before making financial decisions.