Latest Earnings Results: Q2 '26
Estimated EPS
$4.91
Reported EPS
$7.04
Surprise
+43.34%
Estimated Rev
$44.89B
Reported Rev
$46.97B
Surprise
+4.63%
• Reported GAAP EPS of $7.04 up 203.45% YoY • Reported revenue of $46.97B up 57.75% YoY • For full-year FY27, Dell Technologies raised revenue guidance to $192B, up 69% year over year, with GAAP diluted EPS projected at $24.37 and non-GAAP diluted EPS expected at $25.50.
Bullish Takeaway
Dell Technologies drove record performance powered by surging AI server orders, backlog, and revenue growth across Infrastructure Solutions, alongside robust Commercial Client expansion and record capital returns to shareholders.
Bearish Takeaway
Dell Technologies experienced a 13% decline in operating cash flow and flat Services revenue, while navigating substantial risks related to single-source component suppliers, competitive pressures, and AI solution execution.
Generated by Stocktwits using AI and company-reported earnings data for Q2 '26. This recap is intended to help readers understand the quarter quickly. Verify key figures in the linked source materials; the summary may contain errors and is not investment advice.
Historical Earnings
Quarterly
Annual
EPS
Revenue
| Fiscal Period | Estimated | Reported | Surprise | Result |
|---|---|---|---|---|
Q3 '26 | $5.28 | -- | -- | N/A |
Q2 '26 | $4.91 | $7.04 | 43.34% | BEAT |
Q1 '26 | $2.96 | $4.86 | 64.10% | BEAT |
Q4 '25 | $2.80 | $3.89 | 39.13% | BEAT |
Q3 '25 | $2.47 | $2.59 | 4.93% | BEAT |