Dell Technologies (DELL) earnings history, EPS estimates, revenue forecasts and company guidance.
Earnings Per Share (Non-GAAP)
Quarterly Revenue (Billions)
Dell Technologies (DELL) last issued guidance on May 28, 2026 for fiscal year 2027. The company guided earnings per share in the range of $17.9 - $17.9, compared to a consensus EPS estimate of $12.9. Dell Technologies also guided revenue in the range of $165B - $169B for the period.
Compared to prior guidance, Dell Technologies raised its EPS outlook from a previous range of $12.9 - $12.9. On the revenue side, the company raised its revenue forecast from a prior range of $138B - $142B.
Dell Technologies has issued 34 guidance updates between August 25, 2022 and May 28, 2026. During this period, the company raised its outlook 15 times and lowered it 14 times, providing investors with insight into management's evolving expectations.
| Metric | Q1 '27 | Q4 '26 | Q3 '26 | Q2 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $2.93 | $3.44 | $2.39 | $2.21 |
| Actual | $4.86 | $3.89 | $2.59 | $2.32 |
| Surprise | +65.9% | +13.1% | +8.37% | +4.98% |
| Revenue | ||||
| Estimate | $35.71B | $31.77B | $27.28B | $29.24B |
| Actual | $43.84B | $33.38B | $27.00B | $29.78B |
| Surprise | +22.8% | +5.06% | -1.01% | +1.82% |
| Metric | Q2 '27E | Q3 '27E | Q4 '27E | Q1 '28E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $4.84 | $3.97 | $4.81 | $5.33 |
| Revenue | ||||
| Consensus | $44.49B | $41.01B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q1 | May 28, 2026 | $4.86 | $2.93 | 65.9 % |
| Q4 | Feb 26, 2026 | $3.89 | $3.44 | 13.1 % |
| Q3 | Nov 25, 2025 | $2.59 | $2.39 | 8.37 % |
| Q2 | Aug 28, 2025 | $2.32 | $2.21 | 4.98 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q1 | May 28, 2026 | $43.84B | $35.71B | 22.8 % |
| Q4 | Feb 26, 2026 | $33.38B | $31.77B | 5.06 % |
| Q3 | Nov 25, 2025 | $27.01B | $27.28B | -1.01 % |
| Q2 | Aug 28, 2025 | $29.78B | $29.24B | 1.82 % |