Filing Flows › Dell Technologies (DELL) › Operating margin
Dell Technologies (DELL) operating margin by quarter
Dell Technologies' operating margin was 11.5% in Q2 FY27 (second quarter fiscal 2027), +3.1 pts from Q1 FY27. Over the last 7 quarters it ranged from 5.0% (Q1 FY26) to 11.5% (Q2 FY27).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q2 FY27 | 11.5% | +3.1 pts | +5.5 pts |
| Q1 FY27 | 8.3% | -0.9 pts | +3.4 pts |
| Q4 FY26 | 9.3% | +1.4 pts | +0.2 pts |
| Q3 FY26 | 7.8% | +1.9 pts | — |
| Q2 FY26 | 6.0% | +1.0 pts | — |
| Q1 FY26 | 5.0% | -4.0 pts | — |
| Q4 FY25 | 9.0% | — | — |
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' operating margin?
Dell Technologies' operating margin was 11.5% in Q2 FY27 (second quarter fiscal 2027), +3.1 pts from Q1 FY27.
How has Dell Technologies' operating margin changed?
Over the last 7 quarters it ranged from 5.0% (Q1 FY26) to 11.5% (Q2 FY27).