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

Dell Technologies' (DELL) quarterly Operating Income came in at $3.7 billion in Q2 2026, up 213.82% YoY from $1.2 billion in Q2 2025, and up 18.24% on a QoQ basis from $3.1 billion in Q1 2026.

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

Dell Technologies (DELL) has 12 years of Operating Income data on file, last reported at $3.7 billion in Q2 2026.

  • Quarterly Operating Income rose 213.82% year-over-year to $3.7 billion in Q2 2026, while the trailing twelve-month figure through May 2026 was $10.6 billion (up 65.29% YoY) and the FY2026 annual result came in at $8.1 billion, up 30.66% from the prior year.
  • Operating Income climbed to $3.7 billion in Q2 2026, from $3.1 billion in the prior quarter.
  • In the past five years, Operating Income ranged from a high of $3.7 billion in Q2 2026 to a low of $965.0 million in Q2 2024.
  • A 5-year average of $1.7 billion and a median of $1.5 billion in 2022 frame the typical range for Operating Income.
  • Annual changes were most pronounced in 2023 — Operating Income slipped 27.03% — and 2026, when it surged 213.82%.
  • Tracing DELL's Operating Income over 5 years: stood at $1.8 billion in 2022, then slipped by 12.66% to $1.5 billion in 2023, then increased by 11.83% to $1.7 billion in 2024, then climbed by 23.13% to $2.1 billion in 2025, then jumped by 72.53% to $3.7 billion in 2026.
  • The last three Operating Income figures came in at $3.7 billion (Q2 2026), $3.1 billion (Q1 2026), and $2.1 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Op. Inc (Qtr)
1 Dell Technologies 279.74 Bn 268.16 Bn 7.78 Bn 3.66 Bn
2 Arista Networks 233.03 Bn 220.67 Bn 1.68 Bn 1.16 Bn
3 Sandisk 191.00 Bn 187.26 Bn 4.66 Bn 4.11 Bn
4 Seagate Technology Holdings 182.93 Bn 181.79 Bn 1.45 Bn 998.00 Mn
5 Western Digital 180.27 Bn 177.03 Bn 1.68 Bn 1.19 Bn
6 Everpure 26.48 Bn 24.98 Bn 723.33 Mn 19.94 Mn
7 Hp 25.04 Bn 21.33 Bn 3.02 Bn 612.00 Mn
8 Super Micro Computer 17.15 Bn 15.86 Bn 1.02 Bn 625.87 Mn
9 Logitech International 15.08 Bn 13.33 Bn 607.94 Mn 258.55 Mn
10 IonQ 13.97 Bn 11.94 Bn 15.41 Mn -271.51 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