Dell Technologies Inc. (DELL) Financials

Key financial figures for Dell Technologies Inc. (Q2 2027).

Dell posted record Q2 FY2027 revenue of $47.0 billion (up 58% YoY) and record diluted EPS of $6.34 (up 273% YoY), driven by a record $60.9 billion in AI-optimized server orders and a $95 billion exit backlog. Revenue hit a record $47.0 billion, up 58% year over year. GAAP diluted EPS was a record $6.34 (up 273% YoY); non-GAAP diluted EPS was $7.04 (up 203% YoY). Infrastructure Solutions Group (ISG) revenue was a record $31.8 billion, up 89% YoY, powered by AI-Optimized Servers revenue of $16.4 billion (up 100% YoY) on a record $60.9 billion of AI server orders and a $95 billion backlog exiting the quarter. Client Solutions Group (CSG) revenue was $15.0 billion, up 20% YoY, with commercial client revenue up 22% YoY. On the outlook: Dell raised full-year FY27 guidance: revenue of $192.0 billion (up 69% YoY, raised from $167.0 billion), GAAP diluted EPS of $24.37 and non-GAAP diluted EPS of $25.50 (up 181% and 148% YoY), and AI-Optimized Servers revenue of $74.0 billion (raised from $60.0 billion). For Q3 FY2027, Dell guided to revenue of $49.0 billion (up 81% YoY), GAAP diluted EPS of $6.10, and non-GAAP diluted EPS of $6.50. Figures are for Q2 FY2027, as Dell Technologies Inc. reported them.

Revenue
$47.0B
Net Income
$5.1B
EPS
$6.41
Total Assets
$127.4B
Operating Cash Flow
$2.2B

Recent quarters

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
Q2 FY2027$47.0B$4.1B$6.3411.65%$986M
Q1 FY2027$43.8B$3.4B$5.248.34%$3.1B
Q4 FY2026$33.4B$2.3B$3.379.42%$4.0B
Q3 FY2026$27.0B$1.5B$2.288.03%$503M
Q2 FY2026$29.8B$1.2B$1.705.95%$1.9B

Recent fiscal years

PeriodRevenueNet IncomeEPSOperating MarginFree Cash Flow
FY2026$113.5B$5.9B$8.687.44%$8.6B
FY2025$95.6B$4.6B$6.386.53%$1.9B
FY2024$88.4B$3.4B$4.606.12%$5.9B

Frequently asked questions

What was Dell Technologies Inc.'s revenue last quarter?

Dell Technologies Inc. reported revenue of $46.97 billion for Q2 FY2027, up 57.7% from the same period a year earlier.

Is Dell Technologies Inc. profitable?

Yes. Dell Technologies Inc. reported net income of $4.13 billion for Q2 FY2027, a net margin of 8.8% on revenue.

How has Dell Technologies Inc.'s margin trended?

Operating margin was 11.65% in Q2 FY2027, compared with 5.95% in the same period a year earlier. The quarter by quarter series is on the SentiSense financials page.

How much free cash flow did Dell Technologies Inc. generate?

Dell Technologies Inc. generated free cash flow of $986.0 million in Q2 FY2027, after capital expenditure.

Full income statement, balance sheet and cash flow for Dell Technologies Inc. on SentiSense, with up to forty quarters and twenty fiscal years of history.