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DELL

Information Technology · Technology Hardware, Storage & Peripherals

Dell Technologies: revenue, profit and dividends

In fiscal 2026, Dell Technologies had revenue of $114B, up 8.4% a year on average since 2016, and net income of $5.94B (5.2% of revenue). Its dividend per share has gone up 3 years in a row, to $2.10.

Revenue, fiscal 2026

$114B+8.4% a year

average annual revenue growth since 2016 · +18.8% vs 2025

Net income, 2026
$5.94B
5.2% of revenue
Diluted EPS, 2026
$8.68
Dividend per share, 2026
$2.10
raised 3 years in a row
Revenue growth, 5 years
5.5% a year
since 2021
Shares, 2026
684M
Free cash flow, 2026
$8.55B
$11.2B from operations − $2.63B capex
Ticker
DELL · NYSE
Sector
Information Technology
Sub-industry
Technology Hardware, Storage & Peripherals
Headquarters
Round Rock, Texas
Founded
2016
In the S&P 500 since
September 23, 2024
Latest fiscal year
2026, ended January 30, 2026
SEC filer
Dell Technologies Inc. · CIK 0001571996

Revenue and net income

Revenue went from $54.1B in 2015 to $114B in 2026. Net loss in 2015–2019.

RevenueNet income
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Diluted earnings per share

Diluted EPS went from $6.03 in 2020 to $8.68 in 2026.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Dividends per share

Raised 3 years in a row, every year from 2024 to 2026.

Fiscal years · US dollars per share, adjusted for splitsSource: SEC EDGAR (company filings)

Shares outstanding

From 751M in 2020 to 684M in 2026.

Fiscal years · diluted weighted-average shares, adjusted for splitsSource: SEC EDGAR (company filings)

Operating cash flow, capex and free cash flow

Free cash flow (operating cash flow minus capital expenditure) was $8.55B in 2026, 7.5% of revenue.

Operating cash flowCapital expenditureFree cash flow
Fiscal years · US dollarsSource: SEC EDGAR (company filings)

Year by year

Fiscal yearRevenueNet incomeNet marginDiluted EPSDividendSharesOperating cash flowCapexFree cash flow
2026$114B$5.94B5.2%$8.68$2.10684M$11.2B$2.63B$8.55B
2025$95.6B$4.59B4.8%$6.38$1.78720M$4.52B$2.65B$1.87B
2024$88.4B$3.39B3.8%$4.60$1.48736M$8.68B$2.76B$5.92B
2023$102B$2.44B2.4%$3.24$1.32753M$3.56B$3.0B$562M
2022$101B$5.56B5.5%——791M$10.3B$2.8B$7.51B
2021$86.7B$3.25B3.7%$4.22—767M$11.4B$2.08B$9.32B
2020$84.8B$4.62B5.4%$6.03—751M$9.29B$2.58B$6.71B
2019$90.6B−$2.31B−2.5%———$6.99B$1.5B$5.49B
2018$79B−$2.85B−3.6%———$6.84B$1.21B$5.63B
2017$62.2B−$1.17B−1.9%———$2.37B$699M$1.67B
2016$50.9B−$1.1B−2.2%———$2.16B$482M$1.68B
2015$54.1B−$1.22B−2.3%———$2.55B$478M$2.07B

Fiscal years, labelled by the year in which they end. US dollars; per-share figures and share counts adjusted for splits. —: not in the data.

About these figures

Other Technology Hardware, Storage & Peripherals companies

All 76 Information Technology companies

Source: SEC EDGAR (company filings), data as of November 8, 2026. Sectors, sub-industries, headquarters and index dates: Wikipedia, CC BY-SA 4.0.