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

Dell Technologies (DELL) reported Net Margin of 6.77% for Q1 2026, up 37.0% on a YoY basis from 4.94% in Q1 2025, and up 18.06% quarter-over-quarter from 5.73% in Q4 2025.

Dell Technologies (DELL) Net Margin (2015 - 2026) Analysis & Trends

Dell Technologies has reported Net Margin for 12 years, with the latest figure at 6.77% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin rose 37.0% year-over-year to 6.77%; the trailing twelve-month figure through Jan 2026 stood at 5.23% (up 44.0% YoY), and the FY2026 full-year result was 5.23%, up 44.0% from the prior year.
  • Net Margin for Q1 2026 stood at 6.77%, up from 5.73% in the prior quarter.
  • The five-year high for Net Margin was 6.77% in Q1 2026, with the low at 0.11% in Q1 2022.
  • Historically, Net Margin has averaged 4.24% across 5 years, with a median of 4.46% in 2024.
  • Annual changes were most pronounced in 2022 — Net Margin sank 258 bps — and 2024, when it soared 144 bps.
  • Dell Technologies' Net Margin stood at 0.11% in 2022, then surged by 4303 bps to 4.72% in 2023, then rose by 2 bps to 4.8% in 2024, then gained by 19 bps to 5.73% in 2025, then gained by 18 bps to 6.77% in 2026.
  • The last three Net Margin figures came in at 6.77% (Q1 2026), 5.73% (Q4 2025), and 3.91% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Dell Technologies 266.21 Bn 254.69 Bn 6.73 Bn 6.77%
2 Sandisk 230.78 Bn 227.04 Bn 4.66 Bn 60.76%
3 Arista Networks 194.03 Bn 181.67 Bn 1.68 Bn 37.76%
4 Seagate Technology Holdings 183.90 Bn 182.75 Bn 1.45 Bn 24.04%
5 Western Digital 175.01 Bn 171.77 Bn 1.68 Bn -
6 Super Micro Computer 24.90 Bn 23.61 Bn 1.02 Bn 4.72%
7 Everpure 23.71 Bn 22.70 Bn 740.09 Mn 9.47%
8 Hp 23.64 Bn 19.93 Bn 3.02 Bn 3.12%
9 IonQ 20.37 Bn 18.35 Bn 15.41 Mn 1,189.87%
10 Logitech International 16.58 Bn 14.83 Bn 483.28 Mn 13.22%

Historic Data

Download Data
DateValue
Jan 30, 2026 6.77%
Oct 31, 2025 5.73%
Aug 1, 2025 3.91%
May 2, 2025 4.13%
Jan 31, 2025 6.40%
Nov 1, 2024 4.80%
Aug 2, 2024 3.52%
May 3, 2024 4.46%
Feb 2, 2024 5.41%
Nov 3, 2023 4.72%
Aug 4, 2023 2.10%
May 5, 2023 3.02%
Jan 28, 2022 0.11%
Oct 29, 2021 0.78%
Jul 30, 2021 1.04%
Apr 30, 2021 1.24%
Jan 29, 2021 2.68%
Oct 30, 2020 1.33%
Jul 31, 2020 0.84%
May 1, 2020 0.74%