FINHUB Insights

DELL · Q1 FY27 · May 1, 2026

Dell Technologies Q1 FY27: where the revenue came from and where it went

Dell Technologies Q1 FY27: revenue $43.8B (+88% year over year). Net profit $3.4B. Largest cohort AI-optimized servers $16.1B. The whole income statement as a sankey diagram from the SEC filing.

Period
May 1, 2026
Reported
Jun 9, 2026 10-Q
Sankey diagram of Dell Technologies's income statement for Q1 FY27: revenue of $43.80 billion splits into segments and flows out into costs, taxes and net profit.

Tap the diagram to enlarge · figures in billions of dollars

Revenue$43.80B +88% year over year
Gross profit$7.80B 18% margin
Operating profit$3.70B 8% margin
Net profit$3.40B 8% margin

The numbers

All figures in billions of U.S. dollars, for Q1 FY27 (period ends May 1, 2026).
ItemValueShare of revenueYear over year
Revenue 43.80 100% +88%
AI-optimized servers 16.10 37%
Commercial 13.00 30%
Traditional servers and networking 8.50 19%
Storage 4.30 10%
Consumer 1.60 4%
Other 0.20 0%
Cost of revenue−36.1082%
Gross profit7.8018% margin−3pp
Research & development−1.002%−1pp
SG&A−3.107%−6pp
Operating profit3.708% margin+3pp
Tax−0.60
Net profit3.408%+4pp
Filing on EDGAR More quarters of DELL

Source of the numbers: tables in the filing (10-Q). The diagram is generated automatically and checked against EDGAR before release. How we calculate it → About and methodology.

Older quarters