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Dell Technologies logoDell Technologies DELL

Dell Technologies said it recorded net revenue of $27,005 million for Q3 ended October 31, 2025, up 11%, operating income of $2,119 million, up 23%, net income of $1,548 million, up 32%, and diluted earnings per share of $2.28.

8-KResults of Operations and Financial ConditionFiled Period of report Summary published (UTC)

Key points

AI summary
  1. Dell Technologies said it recorded net revenue of $27,005 million for Q3 ended October 31, 2025, up 11%, operating income of $2,119 million, up 23%, net income of $1,548 million, up 32%, and diluted earnings per share of $2.28.

  2. The company said ISG net revenue for Q3 was $14,107 million, up 24%, with Servers and Networking revenue of $10,125 million, up 37%, and Storage revenue of $3,982 million, down 1%. CSG net revenue was $12,478 million, up 3%.

  3. Dell Technologies said cash flow from operations for Q3 was $1,172 million, down 25%. In the same quarter, share repurchases totaled $1,247 million and dividend payments were $351 million.

  4. The company said it expects full-year FY26 revenue between $111.2 billion and $112.2 billion, with a midpoint of $111.7 billion, up 17%. It provided Q4 revenue guidance in the range of $31.0 billion to $32.0 billion, with a midpoint of $31.5 billion.

Summary

AI-written

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Q3 Net Revenue $27,005 million, Net Income $1,548 million

Dell Technologies said it recorded net revenue of $27,005 million for Q3 ended October 31, 2025, up 11%, operating income of $2,119 million, up 23%, net income of $1,548 million, up 32%, and diluted earnings per share of $2.28.

Source · Based on the filing body and exhibits

ISG Net Revenue $14,107 million, CSG Net Revenue $12,478 million

The company said ISG net revenue for Q3 was $14,107 million, up 24%, with Servers and Networking revenue of $10,125 million, up 37%, and Storage revenue of $3,982 million, down 1%. CSG net revenue was $12,478 million, up 3%.

Source · Based on the filing body and exhibits

Q3 Operating Cash Flow $1,172 million, Share Repurchases $1,247 million

Dell Technologies said cash flow from operations for Q3 was $1,172 million, down 25%. In the same quarter, share repurchases totaled $1,247 million and dividend payments were $351 million.

Source · Based on the filing body and exhibits

Company Guidance: Full-Year Revenue $111.7 billion, Q4 Revenue $31.5 billion

The company said it expects full-year FY26 revenue between $111.2 billion and $112.2 billion, with a midpoint of $111.7 billion, up 17%. It provided Q4 revenue guidance in the range of $31.0 billion to $32.0 billion, with a midpoint of $31.5 billion.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.