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Dell Technologies DELL Infrastructure Solutions Group — Operating Income (Loss)

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$1.17B+79.2%

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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:OperatingIncomeLoss.

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 itemThree Months Ended / May 1, 2026May 2, 2025
Corporate and other (a)224552
Total consolidated net revenue$43,842$23,378
Consolidated operating income:
Infrastructure Solutions Group$3,055$998
Client Solutions Group1,170653
Reportable segment operating income (b)4,2251,651
Corporate and other (a)1015
Amortization of intangibles (c)(97)(126)

ITEM 1 — FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Dell Technologies's infrastructure solutions group — operating income (loss)?
Dell Technologies (DELL) reported infrastructure solutions group — operating income (loss) of $3.06B in Q1 2026.
How has Dell Technologies's infrastructure solutions group — operating income (loss) changed year-over-year?
Dell Technologies's infrastructure solutions group — operating income (loss) increased by 206.1% year-over-year, from $998M to $3.06B.
What is the long-term trend for Dell Technologies's infrastructure solutions group — operating income (loss)?
Over 4 years (2022 to 2026), Dell Technologies's infrastructure solutions group — operating income (loss) has grown at a 17.5% compound annual growth rate (CAGR), from $3.74B to $7.11B.
What does infrastructure solutions group — operating income (loss) mean?
Measures the profitability of the Infrastructure Solutions Group by subtracting cost of revenue and operating expenses from total net revenue. This metric excludes interest, taxes, and non-operating items, providing a clear view of the segment's core operational efficiency. It is the primary gauge for the segment's ability to generate profit from its hardware sales.

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