Dell Technologies (DELL) Operating Income (2015 - 2026)

Dell Technologies (DELL) posted Operating Income of $3.7 billion for Q2 2026, up 18.24% quarter-over-quarter from $3.1 billion in Q1 2026, and up 213.82% year-on-year from $1.2 billion in Q2 2025.

Dell Technologies (DELL) Operating Income (2015 - 2026) Analysis & Trends

Dell Technologies (DELL) has reported Operating Income for 12 consecutive years, with $3.7 billion the latest figure, recorded in Q2 2026.

  • Operating Income for Q2 2026 came in at $3.7 billion, up 213.82% year-over-year; the trailing twelve-month figure through May 2026 was $10.6 billion (up 65.29% YoY), and the FY2026 annual result was $8.1 billion, up 30.66% from the prior year.
  • Operating Income was $3.7 billion for Q2 2026 at Dell Technologies, up from $3.1 billion in the prior quarter.
  • Over five years, Operating Income peaked at $3.7 billion in Q2 2026 and troughed at $965.0 million in Q2 2024.
  • Average Operating Income over 5 years is $1.7 billion, with a median of $1.5 billion recorded in 2022.
  • Year-over-year, Operating Income declined 27.03% in 2023 and jumped 213.82% in 2026.
  • Over 5 years, Operating Income stood at $1.8 billion in 2022, then fell by 12.66% to $1.5 billion in 2023, then advanced by 11.83% to $1.7 billion in 2024, then rose by 23.13% to $2.1 billion in 2025, then jumped by 72.53% to $3.7 billion in 2026.
  • Per Business Quant data, the three most recent Operating Income figures were $3.7 billion in Q2 2026, $3.1 billion in Q1 2026, and $2.1 billion in Q4 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Sandisk 300.77 Bn 297.03 Bn 4.66 Bn 4.11 Bn
2 Dell Technologies 276.28 Bn 264.70 Bn 7.78 Bn 3.66 Bn
3 Arista Networks 209.63 Bn 197.28 Bn 1.68 Bn 1.16 Bn
4 Western Digital 204.64 Bn 201.41 Bn 1.68 Bn 1.19 Bn
5 Seagate Technology Holdings 202.26 Bn 201.11 Bn 1.45 Bn 998.00 Mn
6 Everpure 25.55 Bn 24.23 Bn 723.33 Mn 19.94 Mn
7 Hp 20.30 Bn 16.60 Bn 3.02 Bn 612.00 Mn
8 Super Micro Computer 16.60 Bn 15.31 Bn 1.02 Bn 625.87 Mn
9 Logitech International 13.89 Bn 12.15 Bn 483.28 Mn 135.80 Mn
10 D-Wave Quantum 8.64 Bn 8.64 Bn 1.82 Mn -54.73 Mn

Historic Data

Download Data
DateValue
May 1, 2026 3.66 Bn
Jan 30, 2026 3.09 Bn
Oct 31, 2025 2.12 Bn
Aug 1, 2025 1.77 Bn
May 2, 2025 1.17 Bn
Jan 31, 2025 2.16 Bn
Nov 1, 2024 1.72 Bn
Aug 2, 2024 1.39 Bn
May 3, 2024 965.00 Mn
Feb 2, 2024 1.55 Bn
Nov 3, 2023 1.54 Bn
Aug 4, 2023 1.19 Bn
May 5, 2023 1.13 Bn
Feb 3, 2023 1.19 Bn
Oct 28, 2022 1.76 Bn
Jul 29, 2022 1.27 Bn
Apr 29, 2022 1.55 Bn
Jan 28, 2022 1.61 Bn
Oct 29, 2021 1.05 Bn
Jul 30, 2021 1.02 Bn