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Dell Technologies Inc.

Dell Technologies Inc.

NYSE•DELL
CEO: Mr. Michael Saul Dell
Sector: Technology
Industry: Computer Hardware
Listing Date: 2016-08-17
Dell Technologies Inc. designs, develops, manufactures, markets, sells, and supports various comprehensive and integrated solutions, products, and services in the Americas, Europe, the Middle East, Asia, and internationally. The company operates through two segments, Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). The ISG segment provides modern and traditional storage solutions, including all-flash arrays, scale-out file, object platforms, hyper-converged infrastructure, and software-defined storage; and general-purpose and AI-optimized servers. This segment also offers networking products and services comprising wide area network infrastructure, data center and edge networking switches, and cables and optics that help its business customers to transform and modernize their infrastructure, mobilize and enrich end-user experiences, and accelerate business applications and processes; software and peripherals; and consulting, support, and deployment services. The CSG segment provides desktops, workstations, and notebooks; displays, docking stations, keyboards, mice, webcam, and audio devices; and third-party software and peripherals, as well as configuration, support and deployment, and extended warranty services. It is involved in cybersecurity technology-driven security solutions to prevent security breaches, detect malicious activity, respond rapidly when a security breach occurs, and identify emerging threats; originating, collecting, and servicing customer financing arrangements; and the resale of VMware products and services. The company serves enterprises, public institutions, and small and medium-sized businesses through its direct sales channel, value-added resellers, system integrators, distributors, and retailers. 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.
Contact Information
One Dell Way, Round Rock, TX, 78682, United States
800-289-3355
www.dell.com
Market Cap
$87.10B
P/E (TTM)
17.3
42.7
Dividend Yield
1.6%
52W High
$168.08
52W Low
$66.25
52W Range
63%
Rank52Top 60.9%
3.3
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 3.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q3 2026 Data

Revenue

$27.01B+10.83%
4-Quarter Trend

EPS

$2.24+39.13%
4-Quarter Trend

FCF

$503.00M-44.97%
4-Quarter Trend

2026 Q2 Earnings Highlights

Key Highlights

Net Revenue Increased 12% Total net revenue reached $53.154B for six months, marking a 12% increase over prior period, driven by ISG growth.
Operating Income Surged 25% Operating income grew 25% to $2.938B for six months, primarily attributable to strong performance in storage offerings.
Cash Flow Expanded Significantly Cash provided by operations reached $5.339B for six months, a 124% increase, reflecting strong net revenue growth and profitability.
Diluted EPS Rose 18% Diluted EPS increased 18% to $3.07 for the six-month period, showing solid bottom-line performance improvement.

Risk Factors

AI Demand Timing Variability AI-optimized server demand timing creates inherent non-linearity, driving variability in revenue recognition timing across quarters.
Macroeconomic Uncertainty Risks Geopolitical volatility, potential tariffs, and macroeconomic uncertainty may negatively affect operating results in various markets.
Widening Equity Deficit Total stockholders' equity (deficit) worsened to $(2.766)B as of August 1, 2025, compared to $(1.387)B at January 31, 2025.
Goodwill Valuation Subjectivity Goodwill impairment testing relies heavily on subjective estimates like future revenue forecasts and market multiples assessment.

Outlook

Focus on Margin Growth Expecting margin growth for the full fiscal year while balancing margin pressure resulting from the AI-optimized server mix shift.
Continued Cost Efficiency Drive Continuing disciplined cost management and modernization initiatives resulting in continued net reduction of operating expenses.
Capital Return Strategy Intends to return capital via share repurchases ($11.5B authorized remaining) and consistent quarterly dividend payments.
ISG Growth Driver Expected Expecting continued ISG net revenue growth, primarily driven by strong demand across AI-optimized server offerings in the future.

Peer Comparison

Revenue (TTM)

Dell Technologies Inc.DELL
$103.97B
+10.7%
Fiserv, Inc.FI
$21.16B
+5.2%
Infosys LimitedINFY
$19.68B
+4.5%

Gross Margin (Latest Quarter)

Cadence Design Systems, Inc.CDNS
95.3%
+8.7pp
Roblox CorporationRBLX
78.2%
+0.5pp
MicroStrategy IncorporatedMSTR
70.5%
+0.1pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
ADI$138.06B60.56.6%17.9%
NTES$88.78B18.424.2%3.4%
CDNS$87.99B82.621.6%25.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
4.3%
Moderate Growth
4Q Net Income CAGR
0.3%
Profitability Slowly Improving
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Next earnings:Feb 26, 2026
|
EPS:$3.46
|
Revenue:-
Reports
All Years
  • Form 10-Q - Q3 2026

    Period End: Oct 31, 2025|Filed: Dec 9, 2025|
    Revenue: $27.01B+10.8%
    |
    EPS: $2.24+39.1%
    Miss
  • Form 10-Q - Q2 2026

    Period End: Aug 1, 2025|Filed: Sep 8, 2025|
    Revenue: $29.78B+19.0%
    |
    EPS: $1.72+44.5%
    Miss
  • Form 10-Q - Q1 2026

    Period End: May 2, 2025|Filed: Jun 10, 2025|
    Revenue: $23.38B+5.1%
    |
    EPS: $1.39-1.4%
    Miss
  • Form 10-K - FY 2025

    Period End: Jan 31, 2025|Filed: Mar 25, 2025|
    Revenue: $95.57B+8.1%
    |
    EPS: $6.51+38.2%
    Beat
  • Form 10-Q - Q3 2025

    Period End: Nov 1, 2024|Filed: Dec 10, 2024|
    Revenue: $24.37B+9.5%
    |
    EPS: $1.61+15.8%
    Miss
  • Form 10-Q - Q2 2025

    Period End: Aug 2, 2024|Filed: Sep 10, 2024|
    Revenue: $25.03B+9.1%
    |
    EPS: $1.19+85.9%
    Miss
  • Form 10-Q - Q1 2025

    Period End: May 3, 2024|Filed: Jun 11, 2024|
    Revenue: $22.24B+6.3%
    |
    EPS: $1.41+74.1%
    Beat
  • Form 10-K - FY 2024

    Period End: Feb 2, 2024|Filed: Mar 25, 2024|
    Revenue: $88.43B-13.6%
    |
    EPS: $4.71+41.4%
    Beat