Dell Technologies Inc.'s Stock Analysis

Dell Technologies Grants Stock Options to COO Jeffrey Clarke

On September 30, 2025, Dell Technologies' Compensation Committee approved a one-time performance-based stock option award for Chief Operating Officer Jeffrey Clarke. The award allows him to purchase 2,500,000 shares of Class C common stock at an exercise price of $141.77 per share, reflecting the closing price on that date. The total grant date fair value is approximately $132.4 million and is intended to incentivize Clarke's ongoing contributions to the company's strategic objectives and long-term shareholder value.

The award is contingent upon meeting specific performance criteria related to market capitalization and free cash flow, with a performance period ending on January 31, 2031. Clarke must remain employed with the company until March 15, 2031, for the options to vest, unless terminated due to death or disability. If he resigns or retires before vesting, the entire award will be forfeited. Additionally, there are provisions for forfeiture and repayment under certain conditions during and after his employment.

Oct 02, 2025 16:10:42

Dell Technologies Converts Class B Shares to Class C Shares

On September 15, 17, 18, 19, and 22, 2025, Dell Technologies Inc. issued a total of 3,915,292 shares of Class C common stock following the conversion of an equal number of Class B common stock shares held by certain investors. As of September 23, 2025, the company reported having 338,646,945 shares of Class C common stock and 54,790,897 shares of Class B common stock outstanding.

The Class B common stock can be converted into Class C common stock on a one-to-one basis at any time by the holder, with automatic conversions occurring under specific conditions outlined in the company’s certificate of incorporation. The newly issued Class C shares carry the same dividend and liquidation rights as the Class B shares. The conversions were executed without registration under the Securities Act of 1933, utilizing an exemption from registration.

Sep 26, 2025 07:03:05

Dell Technologies Announces Senior Notes Offering of $4.25 Billion

Dell Technologies has entered into an underwriting agreement to issue a total of $4.25 billion in senior notes, consisting of four tranches: $750 million due in 2029, $1.25 billion due in 2031, $1.25 billion due in 2032, and $1.25 billion due in 2036. The notes will be sold at varying public offering prices, with the 2029 Notes priced at 99.961%, the 2031 Notes at 100.000%, the 2032 Notes at 99.717%, and the 2036 Notes at 99.633%. The offering is expected to close on October 6, 2025, pending customary conditions.

The proceeds from this offering will be used primarily to redeem a portion of the outstanding 6.020% Senior Notes due 2026, with any remaining funds allocated for general corporate purposes, which may include repaying other debts. The sale has been registered with the SEC, and detailed terms are provided in the related registration statement and prospectus supplements.

Sep 23, 2025 17:26:09

Dell Technologies Announces CFO Resignation and Interim Appointment

Yvonne McGill, the Chief Financial Officer of Dell Technologies, has announced her resignation effective September 9, 2025. She will assist in the transition and remain employed full-time until October 31, 2025. McGill's departure is not due to any disagreements regarding financial matters, and she will receive a cash payment of approximately $562,500 as part of her separation agreement.

David Kennedy, currently the Senior Vice President of Global Business Operations, Finance, has been appointed as the interim Chief Financial Officer effective September 9, 2025. Kennedy has a long tenure with the company, having held various positions since 1998. The company is actively seeking a permanent replacement for the CFO position.

Sep 08, 2025 16:12:35

Dell Technologies Reports Record Revenue and Earnings Growth

Dell Technologies announced its financial results for the second quarter of fiscal 2026, reporting record revenue of $29.8 billion, a 19% increase year over year. The company achieved an operating income of $1.8 billion, a 27% rise, and a diluted earnings per share (EPS) of $1.70, which is up 38% compared to the same quarter last year. The Infrastructure Solutions Group saw significant growth, with revenue reaching $16.8 billion, up 44%, driven by a 69% increase in its Servers and Networking segment. Furthermore, Dell generated $2.5 billion in cash flow from operations and returned $1.3 billion to shareholders through dividends and share repurchases.

Looking ahead, Dell provided guidance for the third quarter and full year of fiscal 2026, expecting revenue between $26.5 billion and $27.5 billion for Q3, which would represent an 11% increase year over year. For the full year, revenue is projected to be between $105.0 billion and $109.0 billion, reflecting a year-over-year growth of 12% at the midpoint. The company anticipates a GAAP diluted EPS of $7.98 and a non-GAAP diluted EPS of $9.55 for the full year, which indicates a growth of 25% and 17% respectively compared to the previous year.

Aug 28, 2025 16:09:59

Dell Technologies Announces Leadership Changes in Finance Department

On August 7, 2025, Brunilda Rios, the Senior Vice President and Chief Accounting Officer of Dell Technologies, announced her resignation from the role of principal accounting officer due to personal reasons, effective August 8, 2025. She will remain with the company as a Senior Vice President. Richard Troy Sharp, previously Vice President of Corporate Accounting and Reporting, has been appointed to replace her as the Chief Accounting Officer, also effective August 8, 2025.

Richard Sharp has been with Dell Technologies since July 2012 and has held various positions within the company. His new role comes with a compensation package that includes an annual base salary of $368,100 and a target annual bonus of 55% of his base salary, prorated for the fiscal year ending January 30, 2026. Sharp will also be eligible for the same benefits and programs available to other employees, including participation in the Dell Technologies Inc. 2023 Stock Incentive Plan.

Aug 12, 2025 16:16:08

Dell Technologies Issues Over 3.4 Million Class C Shares

Dell Technologies has issued a total of 3,421,793 shares of Class C common stock as a result of the conversion of an equal number of Class B common stock shares held by certain investors, including Silver Lake Partners. Following these transactions, the company reported 340,673,002 shares of Class C common stock and 58,946,330 shares of Class B common stock outstanding as of July 11, 2025.

The Class B common stock can be converted into Class C common stock at any time on a one-to-one basis, and this conversion occurs automatically under certain conditions. The issuance of these shares was executed without registration, relying on an exemption under the Securities Act of 1933, and no commissions were paid in connection with the exchange of these securities.

Jul 16, 2025 07:58:47

Dell Technologies Reports Q1 Fiscal 2026 Financial Results

Dell Technologies announced its financial results for the first quarter of fiscal 2026, reporting revenue of $23.4 billion, a 5% increase year over year. The operating income rose by 21% to $1.2 billion, while the diluted earnings per share remained flat at $1.37. The company generated record cash flow from operations of $2.8 billion and returned $2.4 billion to shareholders through share repurchases and dividends, exceeding its average since launching its capital allocation program in FY23.

In terms of segment performance, the Infrastructure Solutions Group achieved record revenue of $10.3 billion, driven by a 16% increase in servers and networking revenue. The Client Solutions Group's revenue grew by 5% to $12.5 billion, although consumer revenue declined by 19%. For the upcoming second quarter, Dell expects revenue between $28.5 billion and $29.5 billion, and full-year revenue is projected to be between $101.0 billion and $105.0 billion.

May 29, 2025 16:07:44

Company Files Financial Statements and Exhibits Report

The company has submitted its financial statements and related documents as required by the Securities Exchange Act of 1934. The filing includes various exhibits that provide additional information regarding the company's financial position and operations.

The report is signed by Tyler W. Johnson, indicating that the information has been authorized and verified by the appropriate company representatives. No specific financial metrics or performance indicators were mentioned in the provided text.

Apr 01, 2025 16:23:54

Dell Technologies Reports Revenue Growth and Dividend Increase

Dell Technologies reported full-year revenue of $95.6 billion, marking an 8% increase year over year. The company achieved record diluted earnings per share of $6.38, up 39% from the previous year, and announced an 18% increase in its annual cash dividend. Additionally, the Infrastructure Solutions Group saw significant growth with a 29% rise in full-year revenue, driven by strong demand for servers and networking solutions, particularly related to AI. The company also reported a substantial increase in operating income for both the fourth quarter and full year.

Conversely, the Client Solutions Group experienced a decline in full-year revenue of 1%, with operating income down 20%. Fourth-quarter consumer revenue fell by 12%, contributing to a decrease in overall operating income for this segment. Additionally, cash flow from operations dropped by 48% year over year, indicating a reduction in liquidity. The company also disclosed an accounting correction related to supplier credits, which required revisions to previously reported financial results.

Feb 27, 2025 16:07:59