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Dell Technologies DELL Operating Income

Operating Income at other companies

HP logo
HPHPQ
$612M-6.4%
NetApp logo
NetAppNTAP
$532M+52.9%
Amazon logo
AmazonAMZN
$23.85B+29.6%
Logitech International logo
Logitech InternationalLOGI
$135.8M+28.2%
Commvault Systems logo
Commvault SystemsCVLT
$16.64M-37.7%
Super Micro Computer, Inc. logo
Super Micro Computer, Inc.SMCI
$625.87M+326%

Segments

By segment

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Infrastructure Solutions Group$3.06B+206%
Client Solutions Group$1.17B+79.2%

Other financials

Income statement

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Revenue$43.8B+87.5%
Gross profit$7.8B+57.6%
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$264.56B+226%
Enterprise value$284.89B+177%
P/E31.5×+13.7×
P/S+1.1×

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 official record: Dell Technologies’s 10-Q, filed June 9, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dell Technologies's operating income?
Dell Technologies (DELL) reported operating income of $3.66B in Q1 2026.
How has Dell Technologies's operating income changed year-over-year?
Dell Technologies's operating income increased by 213.8% year-over-year, from $1.17B to $3.66B.
What is the long-term trend for Dell Technologies's operating income?
Over 4 years (2022 to 2026), Dell Technologies's operating income has grown at a 15.0% compound annual growth rate (CAGR), from $4.66B to $8.15B.
What does operating income mean?
Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.