SuperworthDell Technologies profit margin DELL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.
- Net margin, 12 months
- 7.5%
- Operating margin, 12 months
- 9.4%
- Net margin on a year earlier
- +2.8 pts
- Peer median
- 22.6%
Over the twelve months to Jul 31, 2026, Dell Technologies kept 7.5% of its revenue as net profit, with an operating margin of 9.4% and a gross margin of 19.8%.
Five years earlier its net margin was 4.1%.
The median for 8 computer hardware stocks of a similar size is 22.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2026 | 5.2% | 7.2% | 20.0% |
| FY2025 | 4.8% | 6.5% | 22.2% |
| FY2024 | 3.8% | 6.1% | 23.8% |
| FY2023 | 2.4% | 5.6% | 22.2% |
| FY2022 | 5.5% | 4.6% | 21.6% |
| FY2021 | 3.7% | 5.9% | 23.2% |
| FY2020 | 5.0% | 2.8% | 31.4% |
| FY2019 | −2.5% | −0.2% | 27.6% |
| FY2018 | −3.6% | −3.1% | 26.0% |
| FY2017 | −2.7% | −5.3% | 21.0% |
| FY2016 | −2.2% | −1.1% | 16.5% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY27 | 7.5% | +2.8 pts | 9.4% | |
| Q1 FY27 | 6.3% | +1.6 pts | 7.9% | |
| Q4 FY26 | 5.2% | +0.4 pts | 7.2% | |
| Q3 FY26 | 5.0% | +0.5 pts | 6.9% | |
| Q2 FY26 | 4.8% | +0.3 pts | 6.7% | |
| Q1 FY26 | 4.7% | +0.5 pts | 6.7% | |
| Q4 FY25 | 4.8% | +1.0 pts | 6.5% | |
| Q3 FY25 | 4.5% | +1.5 pts | 6.0% | |
| Q2 FY25 | 4.5% | +2.4 pts | 5.9% | |
| Q1 FY25 | 4.2% | +2.1 pts | 5.8% | |
| Q4 FY24 | 3.8% | +1.4 pts | 6.1% | |
| Q3 FY24 | 3.1% | +1.3 pts | 5.5% |
Against its peers
Companies in Computer Hardware nearest Dell Technologies' size, closest first, today.
| Company | Profit margin |
|---|---|
| DELLDell Technologies | 7.5% |
| ANETArista Networks | 38.4% |
| SNDKSandisk | 56.5% |
| STXSeagate Technology | 26.1% |
| WDCWestern Digital | 69.2% |
| HPEHewlett Packard Enterprise | 6.4% |
| NTAPNetApp | 19.2% |
| PEverpure | 5.9% |
| HPQHP | 4.1% |
| Peer median | 22.6% |
Where Dell Technologies ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Dell Technologies
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.