Dell TechnologiesDELLEarnings & Financial Report
Dell Technologies Inc. is an American multinational technology company that has been headquartered in Round Rock, Texas since 1994. It was formed as a result of the September 2016 merger of Dell and EMC Corporation.
DELL Q3 FY2026 Key Financial Metrics
Revenue
$27.0B
Gross Profit
$5.6B
Operating Profit
$2.1B
Net Profit
$1.5B
Gross Margin
20.7%
Operating Margin
7.8%
Net Margin
5.7%
YoY Growth
10.8%
EPS
$2.28
Dell Technologies Q3 FY2026 Financial Summary
Dell Technologies reported revenue of $27.0B (up 10.8% YoY) for Q3 FY2026, with a net profit of $1.5B (up 36.7% YoY) (5.7% margin). Cost of goods sold was $21.4B, operating expenses totaled $3.5B.
Key Financial Metrics
| Total Revenue | $27.0B |
|---|---|
| Net Profit | $1.5B |
| Gross Margin | 20.7% |
| Operating Margin | 7.8% |
| Report Period | Q3 FY2026 |
Revenue Breakdown
Dell Technologies Q3 FY2026 revenue of $27.0B breaks down across 3 segments, led by Products at $21.3B (78.7% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Products | $21.3B | 78.7% |
| Storage | $4.0B | 14.7% |
| Consumer | $1.9B | 6.9% |
Dell Technologies Revenue by Segment — Quarterly Trend
Dell Technologies revenue by segment across the last 4 reported quarters, showing how each business line (such as Products and Storage) has evolved quarter over quarter.
| Segment | Q3 FY2026 | Q1 FY2026 | Q3 FY2025 | Q2 FY2025 |
|---|---|---|---|---|
| Products | $21.3B | — | $18.3B | $19.0B |
| Storage | $4.0B | $4.0B | $4.0B | $4.0B |
| Consumer | $1.9B | $1.5B | $2.0B | $1.9B |
Dell Technologies Annual Revenue by Year
Dell Technologies annual revenue history includes year-by-year totals (for example, 2024 revenue was $88.4B).
Dell Technologies Quarterly Revenue & Net Profit History
Dell Technologies results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q3 FY2026 | $27.0B | +10.8% | $1.5B | 5.7% |
| Q1 FY2026 | $23.4B | +5.1% | $965.0M | 4.1% |
| Q3 FY2025 | $24.4B | +9.5% | $1.1B | 4.6% |
| Q2 FY2025 | $25.0B | +9.1% | $846.0M | 3.4% |
| Q1 FY2025 | $22.2B | +6.3% | $960.0M | 4.3% |
| Q4 FY2024 | $22.3B | -10.9% | $1.2B | 5.2% |
| Q3 FY2024 | $22.3B | +0.0% | $1.0B | 4.5% |
| Q2 FY2024 | $22.9B | -7.2% | $462.0M | 2.0% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $22.93B | $22.25B | $22.32B | $22.24B | $25.03B | $24.37B | $23.38B | $27.00B |
| YoY Growth | -7.2% | 0.0% | -10.9% | 6.3% | 9.1% | 9.5% | 5.1% | 10.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $85.66B | $83.26B | $82.09B | $80.19B | $82.69B | $81.95B | $86.87B | $87.48B |
| Liabilities | $88.33B | $85.83B | $84.40B | $82.91B | $85.48B | $84.14B | $89.89B | $90.10B |
| Equity | $-2.77B | $-2.66B | $-2.40B | $-2.82B | $-2.89B | $-2.29B | $-3.02B | $-2.62B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q1 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $3.21B | $2.15B | $1.53B | $1.04B | $1.34B | $1.55B | $2.80B | $1.17B |