Dell Technologies (DELL) Gross Margin (2015 - 2026)

Dell Technologies' Gross Margin history runs 12 years deep, the most recent figure standing at 20.0% for FY2026.

• On a quarterly basis, Gross Margin fell 337.0% year-over-year to 17.75% in Q2 2026; TTM through May 2026 was 19.07%, a 300.0% decrease from a year earlier, with the FY2026 full-year figure at 20.0%, down 224.0% from the prior year.
• Gross Margin was 20.0% for FY2026 at Dell Technologies, down from 22.24% in the prior year.
• Over the last five years, Gross Margin for DELL reached as high as 23.83% in FY2024 and fell as low as 20.0% in FY2026.
• A 5-year average of 21.97% and a median of 22.18% in 2023 frame the typical range for Gross Margin.
• The widest annual swing landed in 2024, when Gross Margin jumped 165 bps; it then slumped 224 bps in 2026.
• Tracing DELL's Gross Margin over 5 years: stood at 21.63% in 2022, then increased by 3 bps to 22.18% in 2023, then climbed by 7 bps to 23.83% in 2024, then retreated by 7 bps to 22.24% in 2025, then declined by 10 bps to 20.0% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 20.0%, 22.24%, and 23.83% for FY2026, FY2025, and FY2024 respectively.