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Dell Technologies DELL Infrastructure Solutions Group — Impact of foreign currency translation

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Client Solutions Group
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Other financials

Income statement

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Revenue$43.8B+87.5%
Gross profit$7.8B+57.6%
Operating income$3.7B+214%
Net income$3.4B+256%
EPS (diluted)$5.24+282%

Balance sheet

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Cash & equivalents$11.6B+50.4%
Total debt$31.9B+7.9%
Total equity-$1.4B+53.6%
Total assets$114.91B+32.3%

Cash flow

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Operating cash flow$4.1B+46.0%
CapEx$963.0M+69.5%
Free cash flow$3.1B+39.9%

Valuation

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Market cap$298.97B+245%
Enterprise value$319.3B+196%
P/E35.6×+17.6×
P/S2.2×+1.4×

Profitability

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Gross margin19.1%-3.0pp
Operating margin7.9%+1.3pp
Net margin6.3%+1.6pp
FCF margin7%+3.1pp

Returns & leverage

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Return on equity138%
Debt / equity5.6×
Current ratio0.9×+0.1×

Where this comes from

Reported directly by Dell Technologies in its filing.

Tagged under the XBRL concept us-gaap:GoodwillForeignCurrencyTranslationGainLoss.

The source filing: Dell Technologies’s 10-Q, filed June 9, 2026.

Filed
Jun 9, 2026, 4:11 PM EDT
Fiscal quarter
Q1 FY2027
Calendar quarter
Q2 2026
Accession
0001571996-26-000030
Line itemInfrastructure Solutions GroupClient Solutions GroupTotal
(in millions)
Balances as of January 30, 2026$15,315$4,232$19,547
Impact of foreign currency translation and other(43)(43)
Balances as of May 1, 2026$15,272$4,232$19,504

ITEM 1 — FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Dell Technologies's infrastructure solutions group — impact of foreign currency translation?
Dell Technologies (DELL) reported infrastructure solutions group — impact of foreign currency translation of -$43M in Q1 2026.
How has Dell Technologies's infrastructure solutions group — impact of foreign currency translation changed year-over-year?
Dell Technologies's infrastructure solutions group — impact of foreign currency translation decreased by 122.1% year-over-year, from $195M to -$43M.
What does infrastructure solutions group — impact of foreign currency translation mean?
Measures the financial effect of fluctuations in exchange rates on the reported revenue and expenses of the Infrastructure Solutions Group when converting foreign currency-denominated results into the reporting currency. This metric highlights the segment's exposure to international markets and the volatility of global currency movements. It helps investors isolate operational performance from macroeconomic currency shifts.

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