Dell Technologies Inc.

DELL Technology Computer Hardware

Dell Technologies Inc.’s revenue for fiscal 2026 (year ended January 2026) was $113.5 billion, up 18.8% from fiscal 2025. In the quarter to July 2026, revenue grew 57.8%, EPS grew 277.1%, free cash flow fell 47.2% and total debt rose 20.7%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.

451.71 21.68 −4.58%
Market cap
$301.0B
P/E
26.0×
Fwd P/E
22.9×
Dividend yield
0.65%
F-score
7/9
Altman Z
1.81
Beneish M
−2.18
Dividend safety
78/100

Dell Technologies Inc. (DELL) Net margin

Alert me on Net margin

Dell Technologies Inc.'s net margin over the twelve months to 31 July 2026 was 7.53%, up 2.3 percentage points from fiscal 2026 (5.23%). Over the past ten years it has ranged from −3.60% (fiscal 2018) to 5.50% (fiscal 2022); the current reading is higher than 83% of that period. That is above the Computer Hardware industry median of −14.2% and above the Technology sector median of 0.00%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2026 5.23% 0.42
FY2025 4.81% 0.98
FY2024 3.83% 1.44
FY2023 2.39% (3.11)
FY2022 5.50% 1.75
FY2021 3.75% (1.69)
FY2020 5.44% 7.99
FY2019 −2.55% 1.05
FY2018 −3.60% (1.72)
FY2017 −1.88% 0.29

Quarterly newest first

Period Net margin Change (points)
Jul 2026 8.80% 0.96
Apr 2026 7.84% 1.07
Jan 2026 6.77% 1.04
Oct 2025 5.73% 1.82
42 more quarters

Against its own ten years

Low −3.60% High 5.50%
Ten-year median 3.07%
Current reading's percentile 100

Net margin against peers

Company Net margin
WDC Western Digital Corporation compare 73.0%
SNDK Sandisk Corporation compare 56.5%
ANET Arista Networks, Inc. compare 38.4%
STX Seagate Technology Holdings PLC compare 26.1%
LOGI Logitech International S.A. compare 16.3%
DELL Dell Technologies Inc. 7.53%
P Everpure, Inc. compare 5.94%
SMCI Super Micro Computer, Inc. compare 5.71%
HPQ HP Inc. compare 4.14%
Computer Hardware industry median −14.2%
Technology sector median 0.00%
Market median 0.45%

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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