Dell DELL
Public, NYSE, reports in USD. Founded 1984.
Theme: PC.
Servers and Laptops.
2025-08-01 — Mature
Financials millions, USD
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 113.5bn USD | 0.0 % | 20.0 % | 2.8 % | 8.4bn USD | 7.4 % | 5.9bn USD | 8.68 | 7.5 | |
| 2025 | 113.5bn USD | 18.8 % | 34.5 % | 2.7 % | 6.7bn USD | 5.9 % | 4.6bn USD | 8.68 | 24.6 | |
| 2024 | 95.6bn USD | 8.1 % | 22.2 % | 2.9 % | 6.9bn USD | 7.3 % | 4.6bn USD | 4.55 | 15.3 | |
| 2023 | 88.4bn USD | -13.6 % | 10.0 % | 3.2 % | 5.2bn USD | 5.9 % | 2.4bn USD | 3.24 | -7.7 | |
| 2022 | 102.3bn USD | – | – | – | – | – | – | – | – | |
| 2027-Q2 | 47.0bn USD | 57.7 % | 20.9 % | 2.4 % | 5.5bn USD | 11.6 % | 4.1bn USD | 6.34 | 69.4 | |
| 2027-Q1 | 43.8bn USD | – | 17.8 % | 2.2 % | 3.8bn USD | 8.6 % | 3.4bn USD | 5.24 | – | |
| 2026-Q4 | 33.4bn USD | – | 20.2 % | 2.4 % | 3.1bn USD | 9.4 % | 2.3bn USD | 3.37 | – | |
| 2026-Q3 | 27.0bn USD | – | 20.7 % | 2.8 % | 2.2bn USD | 8.0 % | 1.5bn USD | 2.28 | – | |
| 2026-Q2 | 29.8bn USD | – | 18.3 % | 2.6 % | 1.9bn USD | 6.4 % | 1.2bn USD | 1.70 | – |
Sources
- 2026: yfinance
- 2025: 2025_10-K_Summary_2026-07-10.xlsx
- 2024: 2025_10-K_Summary_2026-07-10.xlsx
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2027-Q2: yfinance
- 2027-Q1: yfinance
- 2026-Q4: yfinance
- 2026-Q3: yfinance
- 2026-Q2: yfinance
Latest quarter 2027-Q2, ended 2026-07-31, vs 2026-Q2
| 2027-Q2 | 2026-Q2 | change | |
|---|---|---|---|
| Revenue | 47.0bn USD | 29.8bn USD | +17.2bn (+58 %) |
| Op. margin | 11.6 % | 6.4 % | +5.3 pts |
| FCF | 986m USD | 1.9bn USD | -882m (-47 %) |
| Op. income | 5.5bn USD | ||
| Net income | 4.1bn USD | ||
| EPS (diluted) | 6.34 | 272.9 % |
Cash flow millions, USD
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | 11.2bn USD | 2.6bn USD | 8.6bn USD | 7.5 % | 188.4 % | 6.9bn USD | 8.1bn USD | 15.0bn USD | 7.7bn USD |
| 2025 | 4.5bn USD | 2.7bn USD | 1.9bn USD | 1.6 % | 98.5 % | 6.0bn USD | 2.3bn USD | 557m USD | -3.5bn USD |
| 2024 | 8.7bn USD | 2.8bn USD | 5.9bn USD | 6.2 % | 188.9 % | 5.7bn USD | 6.9bn USD | 2.4bn USD | -1.2bn USD |
| 2023 | 3.6bn USD | 3.0bn USD | 562m USD | 0.6 % | 146.0 % | 3.9bn USD | 879m USD | 3.2bn USD | -1.1bn USD |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 548.20 USD | 2026-09-15 | |
|---|---|---|---|
| Market cap | 348.5bn USD | 2026-09-15 | |
| 52w high | 567.75 USD | 2026-09-15 | |
| 52w low | 110.22 USD | 2026-09-15 | |
| Off 52w high % | -3.4 % | ||
| P/S | 3.1 | ||
| Lifetime CAGR | 11.7 % |
Notes
- 2025-08-01 opinion Mature