TTM
19.2%
YoY change
−2.24pp
Trough year (2015)
16.2%
Peak year (2019)
27.6%
Latest annual
20.0%
Gross Margin history chart for Dell Technologies (DELL) from 2014 to 2026
Latest: 20.0%
Gross Margin change chart for Dell Technologies (DELL) from 2014 to 2026
Latest: −2.24pp
Gross Margin history table for Dell Technologies (DELL) from 2014 to 2026
| 2026 | 20.0% | -2.24pp | ||
| 2025 | 22.2% | -1.59pp | ||
| 2024 | 23.8% | +1.65pp | ||
| 2024 | 23.8% | +1.65pp | ||
| 2023 | 22.2% | +0.54pp | ||
| 2023 | 22.2% | +0.54pp | ||
| 2022 | 21.6% | -1.61pp | ||
| 2022 | 21.6% | -1.61pp | ||
| 2021 | 23.2% | -1.10pp | ||
| 2021 | 23.2% | -1.10pp | ||
| 2020 | 24.3% | -3.31pp | ||
| 2019 | 27.6% | +1.66pp | ||
| 2018 | 26.0% | +4.03pp | ||
| 2017 | 22.0% | +5.48pp | ||
| 2016 | 16.5% | +0.28pp | ||
| 2015 | 16.2% | -0.63pp | ||
| 2014 | 16.8% | — |
- 202620.0%-2.24pp
- 202522.2%-1.59pp
- 202423.8%+1.65pp
- 202423.8%+1.65pp
- 202322.2%+0.54pp
- 202322.2%+0.54pp
- 202221.6%-1.61pp
- 202221.6%-1.61pp
- 202123.2%-1.10pp
- 202123.2%-1.10pp
- 202024.3%-3.31pp
- 201927.6%+1.66pp
- 201826.0%+4.03pp
- 201722.0%+5.48pp
- 201616.5%+0.28pp
- 201516.2%-0.63pp
- 201416.8%—
Gross Margin values are taken from Dell Technologies's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at Dell Technologies (DELL)
According to Dell Technologies's latest reported financial statements, the company's latest reported gross margin is 19.2%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
In 2026, Dell Technologies (DELL) gross margin totalled 20.00% – contracted 2.2 percentage points year-over-year.
27.65% stands as the all-time-high annual gross margin, posted in 2019, against a low of 16.19% during 2015.
Dell Technologies Gross Margin by Year
Dell Technologies Gross Margin 2026: 20.0%
Dell Technologies posted gross margin of 20.00% in 2026, contracted 2.2 percentage points from 2025.
Dell Technologies Gross Margin 2025: 22.2%
In 2025, Dell Technologies reported gross margin of 22.24%, contracted 1.6 percentage points from 2024.
Dell Technologies Gross Margin 2024: 23.8%
Dell Technologies gross margin in 2024 was 23.83%, expanded 0.0 percentage points from 2024.
Dell Technologies Gross Margin 2024: 23.8%
Dell Technologies gross margin in 2024 was 23.83%, expanded 1.7 percentage points from 2023.
Dell Technologies Gross Margin 2023: 22.2%
Dell Technologies gross margin in 2023 was 22.18%.
See more financial history for Dell Technologies (DELL).
Sector peers by Gross Margin
Technology peers of Dell Technologies (DELL), ranked by their latest gross margin
| 74.1% | |
| 68.3% | |
| 67.0% | |
| 61.8% | |
| 58.4% | |
| 52.6% | |
| 50.3% | |
| 47.9% |
- 74.1%
- 68.3%
- 67.0%
- 61.8%
- 52.6%
- 50.3%
- 47.9%
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