Filing Flows › Dell Technologies (DELL) › Gross margin
Dell Technologies (DELL) gross margin by quarter
Dell Technologies' gross margin was 20.9% in Q2 FY27 (second quarter fiscal 2027), +3.2 pts from Q1 FY27. Over the last 7 quarters it ranged from 17.8% (Q1 FY27) to 23.7% (Q4 FY25).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 20.9% | +3.2 pts | +2.6 pts |
| Q1 FY27 | 17.8% | -2.4 pts | -3.4 pts |
| Q4 FY26 | 20.2% | -0.5 pts | -3.6 pts |
| Q3 FY26 | 20.7% | +2.4 pts | — |
| Q2 FY26 | 18.3% | -2.8 pts | — |
| Q1 FY26 | 21.1% | -2.6 pts | — |
| Q4 FY25 | 23.7% | — | — |
Q2 FY27 at a glance
Dell Technologies, Q2 FY27: revenue $47.0B (+58% year over year), operating margin 11.5%, net earnings $4.1B, operating cash flow $2.2B. The chart follows the revenue to costs, profit and cash.
Questions
What is Dell Technologies' gross margin?
Dell Technologies' gross margin was 20.9% in Q2 FY27 (second quarter fiscal 2027), +3.2 pts from Q1 FY27.
How has Dell Technologies' gross margin changed?
Over the last 7 quarters it ranged from 17.8% (Q1 FY27) to 23.7% (Q4 FY25).