Dell Stock Surges On Q4 Earnings Beat: What To Know

Dell Technologies, Inc. (NYSE:DELL) shares surged in Thursday's extended trading after the company released its fourth-quarter earnings report, beating estimates across the board.

Here's a look at the details from the report   

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The Details: Dell reported quarterly earnings of $3.89 per share, which beat the consensus estimate of $3.53 by more than 10%.

Quarterly revenue clocked in at $33.38 billion, which beat the Street estimate of $31.73 billion and was up from $23.93 billion in the same period last year.

Dell reported the following fiscal 2026 highlights:

• Record full-year revenue of $113.5 billion, up 19% year-over-year.
• Record full-year diluted earnings per share (EPS) of $8.68, up 36% year-over-year, and record full-year non-GAAP diluted EPS of $10.30, up 27%
• Record full-year cash flow from operations of $11.2 billion
• Announced a cash dividend increase of 20% and $10 billion increase in share repurchase authorization

“FY26 was a defining year in our company’s history, with record full-year revenue of $113.5 billion, record EPS and record cash generation,” said Jeff Clarke, COO of Dell Technologies.

“The AI opportunity is transforming our company. We closed more than $64 billion in AI-optimized server orders, shipped more than $25 billion throughout the year and are entering FY27 with a record backlog of $43 billion — powerful proof that our engineering leadership and differentiated AI solutions are winning,” Clarke added.

Outlook: Dell expects fiscal 2027 adjusted EPS of $12.90, compared to the $11.59 analyst estimate, and revenue in a range of $138 billion to $142 billion, versus the $125.54 billion estimate.

DELL Stock Price: According to data from Benzinga Pro, Dell Technologies stock climbed 10.98% to $134.79 in Thursday's extended trading.  

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