As of Q4'26 (2026-01-30), Dell's latest reported operating income reached USD 3.09B, representing a year-over-year growth rate of 34.0%. This marks the highest operating income in the period covered by the chart. From Q1'24 to Q4'26, Dell's operating income displayed a generally upward trend, with some volatility. After a dip to USD 920M in Q1'25, the company rebounded strongly, culminating in significant growth in the last two quarters. Year-over-year growth rates fluctuated, turning positive from Q4'24 onward and peaking at 54.7% in Q4'25, indicating a sustained recovery and acceleration in operational performance over the last two fiscal years.