DELL · Q4 FY26 · Nov 1, 2025 – Jan 30, 2026
Dell Technologies Q4 FY26: where the revenue came from and where it went
Dell Technologies Q4 FY26: revenue $33.4B (+39% year over year). Net profit $2.3B. The whole income statement as a sankey diagram from the SEC filing.
- Period
- Nov 1, 2025 – Jan 30, 2026
- Reported
- Mar 16, 2026
Tap the diagram to enlarge · figures in billions of dollars
Revenue$33.4B
+39% year over year
Gross profit$6.7B
20% margin
Operating profit$3.1B
9% margin
Net profit$2.3B
7% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 33.4 | 100% | +39% |
| Cost of revenue | −26.6 | 80% | |
| Gross profit | 6.7 | 20% margin | −4pp |
| R&D | −0.8 | 2% | −1pp |
| SG&A | −2.8 | 9% | −3pp |
| Operating profit | 3.1 | 9% margin | +0pp |
| Tax | −0.5 | ||
| Interest & other costs | −0.3 | ||
| Net profit | 2.3 | 7% | +0pp |
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