Growth Metrics

Dell Technologies (DELL) Gross Margin (2016 - 2026)

Dell Technologies filings provide 12 years of Gross Margin readings, the most recent being 20.16% for Q1 2026.

  • On a quarterly basis, Gross Margin fell 356.0% to 20.16% in Q1 2026 year-over-year; TTM through Jan 2026 was 20.0%, a 224.0% decrease, with the full-year FY2026 number at 20.0%, down 224.0% from a year prior.
  • Gross Margin hit 20.16% in Q1 2026 for Dell Technologies, down from 20.71% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 24.28% in Q2 2023 to a low of 18.29% in Q3 2025.
  • Median Gross Margin over the past 5 years was 22.0% (2024), compared with a mean of 21.97%.
  • Biggest five-year swings in Gross Margin: skyrocketed 303bps in 2023 and later tumbled -356bps in 2026.
  • Dell Technologies' Gross Margin stood at 23.09% in 2022, then rose by 1bps to 23.37% in 2023, then dropped by -6bps to 22.0% in 2024, then fell by -6bps to 20.71% in 2025, then decreased by -3bps to 20.16% in 2026.
  • The last three reported values for Gross Margin were 20.16% (Q1 2026), 20.71% (Q4 2025), and 18.29% (Q3 2025) per Business Quant data.