Dell Technologies Inc. (DELL) operating KPIs

DELLNYSEElectronic ComputersFiscal year ends January 29

Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 8, 2026Score 15/306% above fair value

$424.30−51.21 (-10.77%)

Close on Oct 30, 2026Market cap $269.78BP/E 24.6Yield 0.49%

KPIs

Operating metrics that drive Dell Technologies's business · fiscal year ends Friday nearest January 31

The chart is empty. Tick the box next to any metric in the table below to plot it — tick several to compare them on one chart.

Dell Technologies's fiscal year ends Friday nearest January 31 — Q3 FY27 = Aug–Oct 2026.

Column labels

Metric	Q3 FY27 2026-10-31	Q2 FY27 2026-07-31	Q1 FY27 2026-05-01	Q4 FY26 2026-01-31	Q3 FY26 2025-10-31	Q2 FY26 2025-07-31	Q1 FY26 2025-05-01	Q4 FY25 2025-01-31	Q3 FY25 2024-10-31	Q2 FY25 2024-07-31	Q1 FY25 2024-05-01	Q4 FY24 2024-01-31

AI-Optimized Server Ending Backlog ($B)2		95.00	51.30	43.00	18.40	11.70	14.40	4.10	4.50	3.80	3.80	2.90
AI-Optimized Server Quarterly Orders ($B)		60.90	24.40	34.10	12.30	5.60	12.10	1.70	3.60	3.20	2.60
AI-Optimized Server Revenue ($B, IR Summary)		16.40	16.10	9.00	5.60	8.20	1.90	2.00	2.80	2.90	1.60
Infrastructure Solutions Group (ISG) Net Revenue($M)2		31,782	29,009	19,602	14,107	16,800	10,317	11,352	11,368	11,646	9,227	9,332
Servers and Networking Net Revenue($M)2		26,932	24,675	14,805	10,125	12,944	6,321	6,634	7,364	7,672	5,466	4,857
AI-Optimized Servers Net Revenue($M)		16,401	16,132	8,952	5,641	8,208	1,882	2,026
Traditional Servers and Networking Net Revenue($M)		10,531	8,543	5,853	4,484	4,736	4,439	4,608
Storage Net Revenue($M)		4,850	4,334	4,797	3,982	3,856	3,996	4,718	4,004	3,974	3,761	4,475
ISG Segment Operating Income($M)4		4,781	3,055	2,900	1,743	1,470	998	2,051	1,508	1,284	736	1,428
ISG Segment Cost of Goods Sold($M)		24,269	23,475	14,534	10,274	13,164	7,050	7,257	7,762	8,129	6,204
ISG Segment Research & Development Expense($M)		696	685	560	540	562	574	505	501	535	528
ISG Segment Selling, General & Administrative Expense($M)		2,036	1,794	1,608	1,550	1,604	1,695	1,539	1,597	1,698	1,759
ISG Segment Goodwill Balance($M)		15,216	15,272	15,315	15,126	15,104	15,083	14,888	15,011	14,995	14,981	15,041

Client Solutions Group (CSG) Net Revenue($M)2		15,034	14,609	13,494	12,478	12,503	12,509	11,881	12,131	12,414	11,967	11,715
Commercial PC & Client Net Revenue($M)		13,192	13,020	11,614	10,621	10,781	11,046	9,996	10,138	10,556	10,154	9,563
Consumer PC & Client Net Revenue($M)		1,842	1,589	1,880	1,857	1,722	1,463	1,885	1,993	1,858	1,813	2,152
CSG Segment Operating Income($M)4		1,142	1,170	629	748	803	653	631	747	817	777	926
CSG Segment Cost of Goods Sold($M)		12,626	12,204	11,732	10,639	10,582	10,738	10,232	10,337	10,511	10,115
CSG Segment Research & Development Expense($M)		216	192	147	133	146	136	117	119	126	114
CSG Segment Selling, General & Administrative Expense($M)		1,050	1,043	986	958	972	982	901	928	960	961
CSG Segment Goodwill Balance($M)		4,232	4,232	4,232	4,232	4,232	4,232	4,232	4,232	4,232	4,232	4,232
Combined ISG & CSG Core Business Net Revenue($M)2		46,816	43,618	33,096	26,585	29,303	22,826	23,233	23,499	24,060	21,194	21,047
Combined ISG & CSG Operating Income($M)		5,923	4,225	3,529	2,491	2,273	1,651	2,682	2,255	2,101	1,513	2,210
Other Businesses Net Revenue (VMware Resale / SecureWorks)($M)		155	224	283	420	473	552	698	867	966	1,050	1,271

Remaining Performance Obligations (RPO — Total Contracted Backlog)($M)1		132,000	97,000	82,000	51,000	44,000	49,000	38,000	37,000	38,000	39,000	40,000
Share of RPO Expected to be Recognized Over Next 12 Months(%)		14.0%	10.0%	11.0%	16.0%	17.0%	16.0%	20.0%	60.0%	59.0%	59.0%	58.0%
Total Deferred Revenue (Short-Term & Long-Term)($M)3		29,718	27,452	26,930	25,108	26,181	26,320	25,965	26,211	27,712	28,150	29,145
Short-Term Deferred Revenue (Current Liability)($M)		14,761	13,193	13,334	12,649	13,759	13,907	13,673	13,787	14,853	15,034	15,318
Long-Term Deferred Revenue (Non-Current Liability)($M)		14,957	14,259	13,596	12,459	12,422	12,413	12,292	12,424	12,859	13,116	13,827
Revenue Recognized from Deferred Revenue Balance($M)		5,006	5,018	4,822	5,017	5,111	5,100	5,095	5,262	5,358	5,464	5,538
Deferred Extended Warranty Liability (Ending Balance)($M)1		1,207	1,035	450	431	439	415	424	428	439	426	426
Service Obligations & Warranty Settlements Paid($M)		211	234	268	239	225	220	213	239	203	229	221

DFS Total Managed Assets ($B, IR Summary)2		23.70	18.50	18.40	15.80	15.00	14.70	15.00	14.70	14.80	14.20	14.40
DFS Ending Financing Receivables ($B, IR Summary)		20.40	14.00	14.30	13.20	12.00	11.40	11.20	10.90	11.10	10.60	10.50
DFS Equipment Under Operating Leases ($B, IR Summary)		3.20	2.70	2.50	2.40	2.30	2.30	2.20	2.20	2.20	2.10	2.20
DFS Financing Originations ($B)1		7.50	2.80	4.80	3.10	2.40	1.60	2.50	1.60	2.40	1.90	2.50
DFS Trailing Twelve Months (TTM) Originations ($B)		18.20	13.10	11.90	9.60	8.10	8.10	8.40	8.30	8.50	8.50	8.40
Customer Financing Receivables, Net ($M, Balance Sheet)($M)4		20,430	13,950	14,280	13,152	12,023	11,423	11,231	10,850	11,092	10,601	10,520
Short-Term Financing Receivables, Net (Current)($M)		12,805	8,237	8,458	6,427	5,952	5,381	5,304	5,001	4,968	4,660	4,643
Long-Term Financing Receivables, Net (Non-Current)($M)		7,625	5,713	5,822	6,725	6,071	6,042	5,927	5,849	6,124	5,941	5,877
Customer Financing Receivables, Gross (Before Allowance)($M)9		20,542	13,966	14,295	13,143	11,989	11,389	11,216	10,825	11,092	10,633	10,533
Credit Quality — Category 1 (High / FICO >= 720 Equivalent)($M)		7,495	6,525	6,446	6,640	6,635	6,265	6,135	6,267	6,346	6,255	6,529
Credit Quality — Category 2 (Mid / FICO 660–719 Equivalent)($M)		8,623	5,558	6,036	4,847	3,887	3,776	3,742	2,061	2,352	2,369	2,467
Credit Quality — Category 3 (Low / FICO < 660 Equivalent)($M)		4,424	1,883	1,813	1,656	1,467	1,348	1,339	2,497	2,394	2,009	1,537
Aging — Current & Past Due 1–30 Days($M)		20,304	13,723	13,985	12,802	11,355	10,718	10,796
Aging — Past Due 31–90 Days($M)		132	120	195	180	467	536	201
Aging — Past Due > 90 Days($M)		106	123	115	161	167	135	219	162	93	106	131
Vintage — Current Fiscal Year Originations Balance($M)		9,880	2,041	7,901	5,767	3,613	1,712	5,302	3,793	3,115	1,688	5,075
Vintage — Prior Fiscal Year (-1) Originations Balance($M)		6,473	6,862	3,358	3,731	4,136	4,776	3,262	3,615	4,096	4,435	3,359
Vintage — Two Years Prior (-2) Originations Balance($M)		2,228	2,738	2,058	2,339	2,609	2,846	1,964	2,306	2,567	2,856	1,310
Allowance for Financing Receivables Losses($M)		314	212	213	177	151	144	153	144	166	195	170
DFS Equipment Under Operating Leases, Net ($M, Footnote)($M)6		3,182	2,731	2,459	2,350	2,314	2,272	2,185	2,217	2,193	2,124	2,202
Equipment Under Operating Leases, Gross($M)		5,392	4,946	4,651	4,529	4,492	4,420	4,180	4,188	4,064	3,951	4,002
Less: Accumulated Depreciation on Operating Lease Equipment($M)		2,210	2,215	2,192	2,179	2,178	2,148	1,995	1,971	1,871	1,827	1,800
DFS Operating Lease Income Recognized($M)		414	405	393	409	390	358	383	372	362	356	361
DFS Sales-Type Lease Revenue Recognized($M)		3,711	534	364	222	181	119	241	401	622	728	374
Future Lease Payments Receivable (Undiscounted)($M)		10,673	6,818	6,988	6,621	6,722	7,500	7,316	7,317	7,264	6,802	6,219
Less: Unearned Income on Lease Receivables($M)		1,409	1,189	1,260	1,071	1,021	1,062	1,100	1,084	1,136	1,072	1,036

Total Debt Principal Face Value ($B, IR Debt Summary)3		34.70	31.40	31.80	31.50	28.90	29.00	24.80	25.30	24.70	25.70	26.20
Core Debt Subtotal (Excl. DFS Related Debt, $B)4		14.00	16.70	17.00	17.90	16.30	17.00	13.00	13.80	13.00	14.50	14.90
Senior Notes Principal ($B)		24.10	21.10	21.60	21.60	19.10	19.10	15.10	15.10	14.60	15.60	15.60
Legacy Notes & Debentures Principal ($B)		1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00	1.00
Less: DFS Allocated Debt ($B)		11.00	5.30	5.50	4.70	3.70	3.10	3.00	2.30	2.50	2.10	1.60
Other Core Debt & Commercial Paper ($B)		0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.10	0.20
Total DFS Related Debt ($B)2		20.70	14.60	14.60	13.60	12.50	12.00	11.70	11.40	11.60	11.10	11.10
DFS Direct Structured Financing Debt ($B)		9.60	9.30	9.10	8.90	8.80	8.90	8.70	9.20	9.10	9.00	9.50
DFS Structured Financing Debt Carrying Value ($M, Footnote)($M)5		9,618	9,278	9,139	8,905	8,815	8,927	8,711	9,171	9,133	9,038	9,492
U.S. Securitization & Conduit Facilities ($M)($M)		2,502	3,033	2,648	3,252	2,685	3,154	2,756	3,264	2,841	3,305	3,157
U.S. Asset-Based Lending (ABL) Facility ($M)($M)		3,845	2,901	3,146	2,508	3,001	2,606	3,018	2,753	3,067	2,331	2,730
International Securitization Facility ($M)($M)		643	656	698	667	657	702	624	723	704	720	761
Dell Bank Senior Unsecured Euro Bonds ($M)($M)		1,729	1,760	1,796	1,735	1,712	1,693	1,559	1,633	1,619	1,609	1,631
Other International Structured Financing ($M)($M)		899	928	851	743	760	772	754	798	877	797	935
Core Leverage Ratio (Core Debt ÷ TTM Adjusted EBITDA)(×)		0.80	1.20	1.40	1.60	1.50	1.60	1.20	1.40	1.40		1.50
Adjusted Free Cash Flow ($M, IR Supplemental Bridge)($M)5		8,149	3,165	5,088	1,670	2,518	2,232	474	716	1,284	623	1,010
Operating Cash Flow (IR FCF Bridge)($M)		2,225	4,081	4,674	1,172	2,543	2,796	585	1,553	1,340	1,043	1,533
Capital Expenditures & Capitalized Software, Net (IR FCF Bridge)($M)		-1,239	-963	-721	-666	-675	-568	-702	-639	-636	-586	-727
Unadjusted Free Cash Flow (Before DFS Adjustments)($M)		986	3,118	3,953	506	1,868	2,228	-117	914	704	457	806
DFS Financing Receivables Cash Flow Adjustment($M)		6,667	-263	1,036	1,135	592	-23	532	-233	487	165	136
DFS Equipment Under Operating Leases Cash Flow Adjustment($M)		496	310	99	29	58	27	59	35	93	1	68
Common Shares Repurchased (M shares)(M)4		9.50	11	14.9	8.90	8	22.1	6.40	3.70	5.50	6.70	11.2
Average Price Paid per Share Repurchased ($/share)($)		401	147	125	140	114	90	118	108	130	108	74.67
Share Repurchases Paid ($M, Cash Flow Statement)($M)		3,796	1,628	1,847	1,247	940	1,980	734	429	725	700	878
Dividends Paid ($M, Cash Flow Statement)($M)		405	464	346	351	366	396	311	312	316	336	261
Cash Dividend Declared per Common Share ($/share)($)		0.63	0.63	0.53	0.53	0.53	0.53	0.45	0.45	0.45	0.45	0.37
Class C Publicly Traded Common Stock Issued & Outstanding (M shares, 1 Vote/Share)(M)2		319	324	323	338	339	344	357	334	311	306	266
Class A Common Stock Issued & Outstanding (M shares, Michael Dell & Affiliates, 10 Votes/Share)(M)		277	277	277	277	277	277	277	302	328	328	353
Class B Common Stock Issued & Outstanding (M shares, Silver Lake Affiliates, 10 Votes/Share)(M)		44	48	52	52	59	62	62	66	66	76	86

Total Inventories, Net ($M)($M)4		21,290	15,052	10,437	6,949	7,211	7,415	6,716	6,652	5,953	4,782	3,622
Production Materials (Raw Materials & Components)($M)		15,894	10,634	6,696	4,596	4,677	5,245	4,432	4,538	4,290	3,285	2,321
Work in Process (WIP — AI & Enterprise Servers in Assembly)($M)		4,174	3,483	2,772	1,268	1,603	1,229	1,128	1,013	730	694	607
Finished Goods Inventory($M)		1,222	935	969	1,085	931	941	1,156	1,101	933	803	694
Confirmed Supplier Finance Program Obligations Outstanding($M)		3,100	3,100	2,000	1,100	1,300	1,300	1,368				1,121
Property, Plant & Equipment, Net ($M)($M)6		7,417	6,945	6,676	6,538	6,458	6,383	6,336	6,327	6,300	6,237	6,432
Computer and Other Equipment (Gross)($M)		4,072	3,949	3,849	4,042	3,896	3,744	3,651	3,383	3,714	3,627	3,552
Land and Buildings (Gross)($M)		3,182	3,151	3,134	3,052	2,963	2,894	2,838	2,816	2,813	2,817	2,877
Internal-Use Software (Gross)($M)		2,150	2,128	2,083	2,528	2,485	2,451	2,403	2,336	2,360	2,253	2,166
Customer Contract Equipment (Gross)($M)		6,765	6,217	5,777	5,634	5,673	5,559	5,204	5,270	5,123	4,966	5,022
Total Property, Plant & Equipment (Gross)($M)		16,169	15,445	14,843	15,256	15,017	14,648	14,096	13,805	14,010	13,663	13,617
Less: Accumulated Depreciation($M)		8,752	8,500	8,167	8,718	8,559	8,265	7,760	7,478	7,710	7,426	7,185
Lessee Operating Lease Liabilities, Total ($M)($M)4		805	745	727	764	790	794	758	805	827	762	829
Operating Lease Right-of-Use (ROU) Assets($M)		729	661	640	675	699	695	660	700	716	643	707
Short-Term Operating Lease Liabilities (Current)($M)		253	250	246	247	241	239	236	242	246	242	253
Long-Term Operating Lease Liabilities (Non-Current)($M)		552	495	481	517	549	555	522	563	581	520	576
Weighted-Average Operating Lease Discount Rate (%)(%)		5.2%	4.7%	4.7%	4.9%	5.0%	4.9%	5.1%	5.0%	4.9%	4.9%	4.8%

SecureWorks — Total Annual Recurring Revenue (ARR, $M)($M)1									289	290	288	297
SecureWorks — Taegis XDR Cloud-Native Platform ARR ($M)($M)									289	290	288	285
SecureWorks — Total Customer Base (customers)1									3,000	3,100	3,400	3,900
SecureWorks — Taegis Subscription Customer Base									1,900	1,900	2,000	2,000
SecureWorks — Total Average Subscription Revenue per Customer ($K)($)1									154,000	149,500	144,100	137,400
SecureWorks — Taegis Average Subscription Revenue per Customer ($)($)									154,000	149,700	144,900	145,000
SecureWorks — Standalone GAAP Net Revenue ($M)($M)6									82.7	82.2	85.7	89.2
SecureWorks — Total Subscription Revenue ($M)($M)									71.4	71.3	72.2	75.3
SecureWorks — Taegis Subscription Solutions Revenue ($M)($M)									71.4	71.2	69.1	68.9
SecureWorks — Managed Security Services Revenue ($M)($M)									0	0.10	3.10	6.30
SecureWorks — Professional Services Revenue ($M)($M)									11.3	10.9	13.4	13.9
SecureWorks — Remaining Performance Obligations (RPO, $M)($M)									4.70	4.50	3.20	3.60
SecureWorks — Total Deferred Revenue ($M)($M)									136	133	131	137

IDC Worldwide Traditional PC Shipments — Total Market (M units)(M)6	62.7	68.2	65.6	76.4	78.5	71.7	64	69.7	69.3	64.2	60.2	67.7
Dell Technologies — Worldwide PC Shipments (M units, #3 Worldwide)(M)	7.60	9.30	10.3	11.7	10.1	9.80	9.60	9.90	9.80	10.1	9.30	9.90
Lenovo — Worldwide PC Shipments (M units, #1 Worldwide)(M)	14.9	16.6	16.5	19.3	19.3	17	15.2	16.9	16.5	14.7	13.7	16.1
HP Inc. — Worldwide PC Shipments (M units, #2 Worldwide)(M)	10.3	13	12.1	15.4	15	14.3	12.8	13.7	13.6	13.7	12	14
Apple — Worldwide PC Shipments (M units, #4 Worldwide)(M)	5.90	6.70	6.20	7.10	6.70	6.10	5.70	7.10	6	5.10	4.80	5.90
ASUS — Worldwide PC Shipments (M units, #5 Worldwide)(M)	5.50	5	4.80	5.40	6	5	4.10	4.90	5.30	4.20	3.60	4.20
Other Vendors — Worldwide PC Shipments (M units)(M)	18.4	17.5	15.7	17.4	21.4	19.6	16.7	17.2	18.1	16.3	16.8	17.5
Dell Technologies — Worldwide Traditional PC Market Share (%)(%)5	12.1%	13.6%	15.7%	15.3%	12.9%	13.6%	14.9%	14.2%	14.2%	15.7%	15.4%	14.6%
Lenovo — Worldwide PC Market Share (%)(%)	23.8%	24.4%	25.2%	25.3%	24.6%	23.7%	23.8%	24.2%	23.8%	23.0%	22.8%	23.8%
HP Inc. — Worldwide PC Market Share (%)(%)	16.5%	19.1%	18.5%	20.1%	19.1%	19.9%	20.0%	19.7%	19.6%	21.3%	20.0%	20.6%
Apple — Worldwide PC Market Share (%)(%)	9.5%	9.9%	9.5%	9.3%	8.5%	8.5%	8.9%	10.2%	8.7%	8.0%	8.0%	8.8%
ASUS — Worldwide PC Market Share (%)(%)	8.7%	7.4%	7.2%	7.1%	7.6%	7.0%	6.3%	7.0%	7.7%	6.6%	6.0%	6.3%
Other Vendors — Worldwide PC Market Share (%)(%)	29.4%	25.7%	23.9%	22.8%	27.3%	27.3%	26.1%	24.7%	26.1%	25.4%	27.9%	25.9%
IDC Worldwide Server Market Revenue — Total Market ($M)($M)7		166,319	122,618	125,297	112,445	109,387	94,066	82,236	69,786			40,481
Dell Technologies — Worldwide Server Revenue ($M, #1 OEM)($M)		22,241	20,281	12,563	9,302	8,381	5,893	5,540	6,779			4,593
Super Micro — Worldwide Server Revenue ($M, #2 OEM)($M)		10,177	9,331	11,696	4,498	5,160	4,076	5,005	5,179			3,230
Lenovo — Worldwide Server Revenue ($M)($M)		8,411	5,622	5,071	4,004	4,214	4,118	3,784	3,175			2,226
Hewlett Packard Enterprise (HPE) — Worldwide Server Revenue ($M)($M)		5,868	3,720	3,873	3,398	4,018	3,174	4,239	3,478			2,749
IEIT Systems — Worldwide Server Revenue ($M)($M)		4,002	4,012	5,186	4,141	4,356	4,314	3,878	4,628			2,334
ODM Direct — Worldwide Server Revenue ($M)($M)		89,660	61,538	66,623	66,791	66,328	60,279	41,512	31,474			14,313
Rest of Market — Worldwide Server Revenue ($M)($M)		25,960	18,115	20,286	20,311	16,929	12,212	18,278	15,074			11,036
Dell Technologies — Worldwide Server Market Revenue Share (%, #1 OEM)(%)6		13.4%	16.5%	10.0%	8.3%	7.7%	6.3%	6.7%	9.7%			11.3%
Super Micro — Worldwide Server Market Share (%)(%)		6.1%	7.6%	9.3%	4.0%	4.7%	4.3%	6.1%	7.4%			8.0%
Lenovo — Worldwide Server Market Share (%)(%)		5.1%	4.6%	4.0%	3.6%	3.9%	4.4%	4.6%	4.6%			5.5%
Hewlett Packard Enterprise (HPE) — Worldwide Server Market Share (%)(%)		3.5%	3.0%	3.1%	3.0%	3.7%	3.4%	5.2%	5.0%			6.8%
IEIT Systems — Worldwide Server Market Share (%)(%)		2.4%	3.3%	4.1%	3.7%	4.0%	4.6%	4.7%	6.6%			5.8%
ODM Direct — Worldwide Server Market Share (%)(%)		53.9%	50.2%	53.2%	59.4%	60.6%	64.1%	50.5%	45.1%			35.4%
Rest of Market — Worldwide Server Market Share (%)(%)		15.6%	14.8%	16.2%	18.1%	15.5%	13.0%	22.2%	21.6%			27.3%
IDC Worldwide External Enterprise Storage Systems (ESS) Revenue — Total Market ($M)($M)5		10,342	9,231	9,683	7,971	7,738	7,524	9,175	7,810
Dell Technologies — Worldwide External Storage Revenue ($M, #1 Worldwide)($M)		2,459	2,876	2,293	1,813	1,725	2,042	2,143	1,906
Huawei — Worldwide External Storage Revenue ($M)($M)		1,169	616	1,225	953	904	534	1,167	870
NetApp — Worldwide External Storage Revenue ($M)($M)		988	911	789	750	729	831	762	730
Pure Storage / Everpure — Worldwide External Storage Revenue ($M)($M)		838	825	691	539	558	598	627	467
Rest of Market — Worldwide External Storage Revenue ($M)($M)		4,188	3,507	4,076	3,465	3,292	3,037	3,841	3,350
Dell Technologies — Worldwide External Enterprise Storage Market Share (%, #1 Worldwide)(%)4		23.8%	31.2%	23.7%	22.7%	22.3%	27.1%	23.4%	24.4%
Huawei — Worldwide External Storage Market Share (%)(%)		11.3%	6.7%	12.6%	12.0%	11.7%	7.1%	12.7%	11.1%
NetApp — Worldwide External Storage Market Share (%)(%)		9.6%	9.9%	8.1%	9.4%	9.4%	11.0%	8.3%	9.3%
Pure Storage / Everpure — Worldwide External Storage Market Share (%)(%)		8.1%	8.9%	7.1%	6.8%	7.2%	7.9%	6.8%	6.0%
Rest of Market — Worldwide External Storage Market Share (%)(%)		40.5%	38.0%	42.1%	43.5%	42.5%	40.4%	41.9%	42.9%

Consolidated Net Revenue (GAAP, DB)($M)2		46,971	43,842	33,379	27,005	29,776	23,378	23,931	24,366	25,026	22,244	22,318
Product Net Revenue (GAAP, DB Segment)($M)		41,112	38,105	27,616	21,255	23,935	17,599	18,049	18,290	18,954	16,127	16,149
Services Net Revenue (GAAP, DB Segment)($M)		5,859	5,737	5,763	5,750	5,841	5,779	5,882	6,076	6,072	6,117	6,169
Consolidated Gross Profit (GAAP, DB)($M)1		9,830	7,782	6,730	5,593	5,447	4,937	5,678	5,360	5,361	4,851	5,372
Consolidated Cost of Revenue (GAAP, DB)($M)2		37,141	36,060	26,649	21,412	24,329	18,441	18,253	19,006	19,665	17,393	16,946
Product Cost of Revenue (GAAP, DB Segment)($M)		33,990	32,852	23,618	18,279	21,044	15,116	14,924	15,488	16,029	13,721	13,337
Services Cost of Revenue (GAAP, DB Segment)($M)		3,151	3,208	3,031	3,133	3,285	3,325	3,329	3,518	3,636	3,672	3,609
Non-GAAP Operating Income ($M, IR Supplemental Reconciliation)($M)8		5,929	4,235	3,538	2,503	2,284	1,666	2,674	2,252	2,084	1,519	2,195
Non-GAAP Operating Margin (%)(%)		12.6%	9.7%	10.6%	9.3%	7.7%
Non-GAAP Gross Margin ($M)($M)		9,929	7,947	6,844	5,686	5,572	5,057	5,814	5,490	5,514	4,992	5,524
Non-GAAP Gross Margin (%)(%)		21.1%	18.1%	20.5%	21.1%	18.7%
Non-GAAP Operating Expenses ($M)($M)		4,000	3,712	3,306	3,183	3,288	3,391	3,140	3,238	3,430	3,473	3,329
Non-GAAP Operating Expense % of Revenue (%)(%)		8.5%	8.4%	9.9%	11.8%	11.0%
Adjusted EBITDA ($M, IR Supplemental Reconciliation)($M)2		6,587	4,896	4,186	3,138	2,921	2,278	3,285	2,849	2,700	2,151	2,826
EBITDA (Before Non-Cash & Other Adjustments, $M)($M)		6,139	4,414	3,865	2,875	2,535	1,903	2,933	2,486	2,176	1,765	2,388
Adjusted EBITDA Margin (%)(%)		14.0%	11.2%	12.5%	11.6%	9.8%
Non-GAAP Net Income ($M)($M)		4,591	3,190	2,607	1,762	1,591	1,086	1,911	1,582	1,412	1,658	1,658
Non-GAAP Net Margin (%)(%)		9.8%	7.3%	7.8%	6.5%	5.3%
Consolidated Operating Income (GAAP, DB)($M)5		5,385	3,656	3,092	2,119	1,773	1,165	2,159	1,721	1,392	965	1,547
Stock-Based Compensation Expense ($M)($M)		184	189	189	165	179	190	186	198	191	210	203
Depreciation & Amortization Expense ($M)($M)		754	758	773	756	762	738	774	765	784	800	841
Intangible Assets Amortization Expense ($M)($M)		100	100	100	100	100	100	200	200	200	200	187
Structural Cost & Restructuring Cash Payments ($M)($M)		164	121	110	200	144	217	131	296	130	250	64
Consolidated Net Income (GAAP, DB)($M)		4,133	3,438	2,259	1,548	1,164	965	1,533	1,175	887	997	1,210
Consolidated Total Assets ($M, DB)($M)8		127,393	114,913	101,286	87,479	89,176	86,869	79,746	81,951	82,687	80,190	82,126
Cash and Cash Equivalents ($M, DB)($M)		11,569	11,578	11,528	9,569	8,145	7,700	3,633	5,225	4,550	5,830	7,366
Accounts Receivable, Net ($M, DB)($M)		22,918	25,854	17,585	11,721	15,023	9,785	10,298	11,189	11,391	8,563	9,343
Total Goodwill Balance ($M)($M)		19,448	19,504	19,547	19,358	19,336	19,315	19,120	19,243	19,654	19,640	19,700
Intangible Assets, Net ($M)($M)		4,347	4,439	4,533	4,628	4,748	4,868	4,988	5,147	5,374	5,538	5,701
Accounts Payable ($M, DB)($M)		49,723	45,261	33,630	23,794	27,463	25,349	20,832	23,400	24,095	20,586	19,226
Consolidated Total Liabilities ($M, DB)($M)		128,820	116,317	103,756	90,099	91,942	89,893	81,133	84,141	85,484	82,913	84,258
Total Stockholders' Equity / Deficit ($M, DB)($M)		-1,427	-1,404	-2,470	-2,620	-2,766	-3,024	-1,387	-1,892	-2,542	-2,509	-2,132
Operating Cash Flow ($M, GAAP DB)($M)		2,225	4,081	4,674	1,172	2,543	2,796	585	1,553	1,340	1,043	1,533

4 metrics have no data in the last 12 quarters — .

Italic numbers are calculated by StockData from reported figures (hover for the formula). Numbers with a dotted underline are read from the text of earnings releases and presentations; hover to see the exact sentence. Tick a row to add it to the chart above (up to 8 lines).

Methodology and excluded metrics

Fiscal Calendar: Dell Technologies Inc.'s fiscal year is the 52- or 53-week period ending on the Friday nearest January 31 (e.g., FY2026 ended January 30, 2026; Q1 FY27 ended May 1, 2026; Q2 FY27 ended July 31, 2026). The Q3 FY27 column holds third-party IDC 3Q26 Worldwide Traditional PC Shipments and Market Share published October 8, 2026 — one quarter ahead of Dell's Q2 FY27 Form 10-Q.
Core Key — AI-Optimized Servers & ISG/CSG Sub-Segments: Dell's segment table in PostgreSQL DB contains only top-level ISG and CSG totals. This KPI table unlocks the complete sub-segment disaggregation (ISG AI-Optimized Servers vs. Traditional Servers & Networking vs. Storage; CSG Commercial vs. Consumer), along with quarterly AI-Optimized Server Orders ($18.0B in Q2 FY27), Ending Backlog ($51.0B in Q2 FY27), and Remaining Performance Obligations ($43.0B in Q2 FY27, 61% recognized within 12 months).
Dell Financial Services (DFS) & Core vs. DFS Debt: Captive customer financing originations ($11.9B in FY26, $10.3B TTM in Q2 FY27), ending managed assets ($14.5B), gross receivables credit quality bands (Categories 1–3) and delinquency aging, and Dell's separation of Core Debt ($20.5B in Q2 FY27, 1.4x Core Leverage) from non-recourse/securitized DFS Related Debt ($12.1B in Q2 FY27).
Consolidated Public Subsidiaries (SecureWorks & VMware): U.S. GAAP filings do not provide standalone parent-company operating statements (Step 3 condition 1 is not met), so Consolidated − Parent subtraction is not performed. Instead, direct SEC disclosures from Dell's majority-owned public subsidiaries are presented for their consolidated ownership periods: SecureWorks Corp. (NASDAQ: SCWX, divested Feb 3, 2025; Taegis XDR ARR, Total ARR, Customer Base, ARPU, NRR through Q3 FY25) and VMware, Inc. (NYSE: VMW, spun off Nov 1, 2021; Segment Revenue, Operating Income, RPO, and Deferred Revenue through Q3 FY22).
Allowed Calculations (Step 4): All figures are directly as published by Dell, SecureWorks, VMware, IDC, or U.S. statistical agencies (FRED). The only arithmetic used is splitting cumulative reported flows into individual quarters: Q4 = full year (10-K) − nine months (10-Q) and Q2 / Q3 = YTD − prior YTD.

Not shown because recent periods are missing (17)

AI-Optimized Servers Pipeline & Infrastructure Solutions Group (ISG) › AI-Optimized Server Ending Backlog ($B) › AI-Optimized Server Shipments ($B) — Công ty ngừng công bố dòng Shipments riêng sau FY2026Q4 khi tách thẳng AI-Optimized Servers Revenue trên báo cáo kết quả ISG từ FY2027Q1
Remaining Performance Obligations (RPO) & Deferred Revenue Rollforward › Deferred Extended Warranty Liability (Ending Balance) › Capitalized Contract Costs, Net — Công ty ngừng thuyết minh dòng số dư Capitalized Contract Costs riêng trong báo cáo quý từ FY2026Q1
Supply Chain, Inventory by Stage, Real Estate, Patents & Workforce › Total Inventories, Net ($M) › Cash Conversion Cycle (CCC, days) — Công ty ngừng công bố số ngày Cash Conversion Cycle định lượng từ FY2027Q1 (kỳ cuối có số là FY2026Q4: -45 ngày)
Supply Chain, Inventory by Stage, Real Estate, Patents & Workforce › Total Inventories, Net ($M) › Days of Sales Outstanding (DSO, days) — Công ty ngừng thuyết minh bảng chi tiết DSO / DSI / DPO trong MD&A sau FY2018
Supply Chain, Inventory by Stage, Real Estate, Patents & Workforce › Total Inventories, Net ($M) › Days of Supply in Inventory (DSI, days) — Công ty ngừng thuyết minh bảng chi tiết DSO / DSI / DPO trong MD&A sau FY2018
Supply Chain, Inventory by Stage, Real Estate, Patents & Workforce › Total Inventories, Net ($M) › Days in Accounts Payable (DPO, days) — Công ty ngừng thuyết minh bảng chi tiết DSO / DSI / DPO trong MD&A sau FY2018
Supply Chain, Inventory by Stage, Real Estate, Patents & Workforce › Active / Granted Worldwide Patents (Annual) › VMware Granted Patents (Pre-Spinoff) — VMware đã tách khỏi Dell (Spin-off ngày 01/11/2021); ngừng thuyết minh từ FY2022
Supply Chain, Inventory by Stage, Real Estate, Patents & Workforce › Total Full-Time Employees (Annual) › Share of Full-Time Employees Located in the U.S. (%) — Công ty ngừng thuyết minh tỷ lệ nhân sự tại Mỹ trong Item 1 từ FY2024
Supply Chain, Inventory by Stage, Real Estate, Patents & Workforce › Total Full-Time Employees (Annual) › VMware Full-Time Employees (Pre-Spinoff) — VMware đã tách khỏi Dell (Spin-off ngày 01/11/2021); ngừng thuyết minh từ FY2022
Public Subsidiaries (Historical Consolidated) — SecureWorks (SCWX) & VMware (VMW) › SecureWorks — Total Annual Recurring Revenue (ARR, $M) › SecureWorks — Managed Security Services (Legacy MSS) ARR ($M) — Không đủ 3 kỳ gần nhất liền mạch (Bước 5)
Public Subsidiaries (Historical Consolidated) — SecureWorks (SCWX) & VMware (VMW) › SecureWorks — Total Customer Base (customers) › SecureWorks — Managed Security Subscription Customer Base — Không đủ 3 kỳ gần nhất liền mạch (Bước 5)
Public Subsidiaries (Historical Consolidated) — SecureWorks (SCWX) & VMware (VMW) › SecureWorks — Total Customer Base (customers) › SecureWorks — Total Subscription Customer Base — Không đủ 3 kỳ gần nhất liền mạch (Bước 5)
Public Subsidiaries (Historical Consolidated) — SecureWorks (SCWX) & VMware (VMW) › SecureWorks — Total Average Subscription Revenue per Customer ($K) › SecureWorks — Managed Security Average Subscription Revenue per Customer ($) — Không đủ 3 kỳ gần nhất liền mạch (Bước 5)
Public Subsidiaries (Historical Consolidated) — SecureWorks (SCWX) & VMware (VMW) › SecureWorks — Total Average Subscription Revenue per Customer ($K) › SecureWorks — Net Revenue Retention Rate (%) — Không đủ 3 kỳ gần nhất liền mạch (Bước 5)
External Industry Benchmarks — IDC Global PC, Server & Storage Trackers + FRED Macro › IDC Worldwide Traditional PC Shipments — Total Market (M units) › Acer Group — Worldwide PC Shipments (M units) — Acer rời khỏi Top 5 bảng IDC Worldwide Traditional PC Tracker từ 4Q24 (FY2025Q4)
External Industry Benchmarks — IDC Global PC, Server & Storage Trackers + FRED Macro › IDC Worldwide External Enterprise Storage Systems (ESS) Revenue — Total Market ($M) › Hewlett Packard Enterprise (HPE) — Worldwide External Storage Revenue ($M) — HPE rời khỏi Top 5 bảng IDC External ESS Tracker trong kỳ 4Q25 (FY2026Q4, thay bằng IBM) nên thiếu 1 kỳ giữa chuỗi
Segment & Financial Context (PostgreSQL DB & Non-GAAP Reconciliations) › Consolidated Operating Income (GAAP, DB) › GAAP Diluted Earnings per Share ($/share, DB) — Không đủ 3 kỳ gần nhất liền mạch (Bước 5)

Data updated 2026-10-27.

Every KPI on its own page

Full history, chart, sources and a citation for each metric

Dell Technologies Inc. (DELL) operating KPIs

KPIs

Every KPI on its own page

AI-Optimized Servers Pipeline & Infrastructure Solutions Group (ISG)

Client Solutions Group (CSG) — Commercial vs. Consumer PCs

Remaining Performance Obligations (RPO) & Deferred Revenue Rollforward

Dell Financial Services (DFS) — Originations, Managed Assets & Credit Quality

Core vs. DFS Debt Structure, Adjusted FCF Bridge & Capital Return

Supply Chain, Inventory by Stage, Real Estate, Patents & Workforce

Public Subsidiaries (Historical Consolidated) — SecureWorks (SCWX) & VMware (VMW)

External Industry Benchmarks — IDC Global PC, Server & Storage Trackers + FRED Macro

Segment & Financial Context (PostgreSQL DB & Non-GAAP Reconciliations)