
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 September 1, 2026 for fiscal year 2027. The company guided earnings per share in the range of $25.5 - $25.5, compared to a consensus EPS estimate of $18.72. Dell Technologies also guided revenue in the range of $192B - $192B for the period.
Compared to prior guidance, Dell Technologies raised its EPS outlook from a previous range of $17.9 - $17.9. On the revenue side, the company raised its revenue forecast from a prior range of $165B - $169B.
Dell Technologies has issued 34 guidance updates between November 21, 2022 and September 1, 2026. During this period, the company raised its outlook 16 times and lowered it 13 times, providing investors with insight into management's evolving expectations.
| Metric | Q2 '27 | Q1 '27 | Q4 '26 | Q3 '26 |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Estimate | $4.88 | $2.93 | $3.44 | $2.39 |
| Actual | $7.04 | $4.86 | $3.89 | $2.59 |
| Surprise | +44.3% | +65.9% | +13.1% | +8.37% |
| Revenue | ||||
| Estimate | $44.67B | $35.71B | $31.77B | $27.28B |
| Actual | $46.97B | $43.84B | $33.38B | $27.00B |
| Surprise | +5.14% | +22.8% | +5.06% | -1.01% |
| Metric | Q3 '27E | Q4 '27E | Q1 '28E | Q2 '28E |
|---|---|---|---|---|
| Earnings Per Share (Non-GAAP) | ||||
| Consensus | $6.53 | $6.97 | $6.78 | $7.18 |
| Revenue | ||||
| Consensus | $49.48B | $53.93B | — | — |
| Fiscal Quarter | Date Reported | Actual EPS | Estimated EPS | Surprise % |
|---|---|---|---|---|
| Q2 | Sep 1, 2026 | $7.04 | $4.88 | 44.3 % |
| 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 % |
| Fiscal Quarter | Date Reported | Actual Revenue | Estimated Revenue | Surprise % |
|---|---|---|---|---|
| Q2 | Sep 1, 2026 | $46.97B | $44.67B | 5.14 % |
| 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 % |