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Dell Technologies vs Super Micro Computer: revenue, profit, margins and growth compared

Dell Technologies brought in $113.5B of revenue in fiscal 2026, Super Micro Computer $39.1B in fiscal 2026. Revenue changed by +18.8% at Dell Technologies and +77.8% at Super Micro Computer on the year before, so Super Micro Computer grew faster. Dell Technologies kept 5.2% of its revenue as net profit, Super Micro Computer 5.7%. Free cash flow was $8.6B at Dell Technologies and -$7B at Super Micro Computer.

Side by side, latest fiscal year

DELLSMCIP
Fiscal year endedFY2026 (January 30, 2026)FY2026 (June 30, 2026)
Revenue$113.5B$39.1B
Revenue growth+18.8%+77.8%
Net income$5.9B$2.2B
Net margin5.2%5.7%
Free cash flow$8.6B-$7B
Free cash flow margin7.5%-17.8%
Earnings per share (diluted)$8.68$3.26
Cash$11.5B$7.5B
Debt$31.5Bn/a
Price to earnings64.822.1
Market value$364.8B$43.4B
Dividend yield0.37%n/a
Rank by revenue in sector#6 of 530 · Technology#19 of 530 · Technology

Over the years

Revenue
DELL FY2019: $90.6BDELL FY2020: $84.8BDELL FY2021: $86.7BDELL FY2022: $101.2BDELL FY2023: $102.3BDELL FY2024: $88.4BDELL FY2025: $95.6BDELL FY2026: $113.5BSMCIP FY2019: $3.5BSMCIP FY2020: $3.3BSMCIP FY2021: $3.6BSMCIP FY2022: $5.2BSMCIP FY2023: $7.1BSMCIP FY2024: $15BSMCIP FY2025: $22BSMCIP FY2026: $39.1BFY19FY20FY21FY22FY23FY24FY25FY26
DELL $113.5BSMCIP $39.1B
Net income
DELL FY2019: -$2.3BDELL FY2020: $4.6BDELL FY2021: $3.3BDELL FY2022: $5.6BDELL FY2023: $2.4BDELL FY2024: $3.4BDELL FY2025: $4.6BDELL FY2026: $5.9BSMCIP FY2019: $71.9MSMCIP FY2020: $84.3MSMCIP FY2021: $111.9MSMCIP FY2022: $285.2MSMCIP FY2023: $640MSMCIP FY2024: $1.2BSMCIP FY2025: $1BSMCIP FY2026: $2.2BFY19FY20FY21FY22FY23FY24FY25FY26
DELL $5.9BSMCIP $2.2B
Net margin
DELL FY2019: -2.5%DELL FY2020: 5.4%DELL FY2021: 3.7%DELL FY2022: 5.5%DELL FY2023: 2.4%DELL FY2024: 3.8%DELL FY2025: 4.8%DELL FY2026: 5.2%SMCIP FY2019: 2.1%SMCIP FY2020: 2.5%SMCIP FY2021: 3.1%SMCIP FY2022: 5.5%SMCIP FY2023: 9.0%SMCIP FY2024: 7.7%SMCIP FY2025: 4.8%SMCIP FY2026: 5.7%FY19FY20FY21FY22FY23FY24FY25FY26
DELL 5.2%SMCIP 5.7%
Revenue growth
DELL FY2020: -6.4%DELL FY2021: +2.2%DELL FY2022: +16.8%DELL FY2023: +1.1%DELL FY2024: -13.6%DELL FY2025: +8.1%DELL FY2026: +18.8%SMCIP FY2020: -4.6%SMCIP FY2021: +6.5%SMCIP FY2022: +46.1%SMCIP FY2023: +37.1%SMCIP FY2024: +110.4%SMCIP FY2025: +46.6%SMCIP FY2026: +77.8%FY20FY21FY22FY23FY24FY25FY26
DELL +18.8%SMCIP +77.8%
Free cash flow
DELL FY2019: $5.5BDELL FY2020: $6.7BDELL FY2021: $9.3BDELL FY2022: $7.5BDELL FY2023: $562MDELL FY2024: $5.9BDELL FY2025: $1.9BDELL FY2026: $8.6BSMCIP FY2019: $237.7MSMCIP FY2020: -$74.7MSMCIP FY2021: $64.9MSMCIP FY2022: -$486MSMCIP FY2023: $626.8MSMCIP FY2024: -$2.6BSMCIP FY2025: $1.5BSMCIP FY2026: -$7BFY19FY20FY21FY22FY23FY24FY25FY26
DELL $8.6BSMCIP -$7B

Fiscal years as each company reports them; the two may end in different months.

Questions about Dell Technologies and Super Micro Computer

Which is bigger by revenue, Dell Technologies or Super Micro Computer?

Dell Technologies is bigger by revenue: $113.5B in fiscal 2026, against $39.1B for Super Micro Computer in fiscal 2026.

Which keeps more of its revenue as profit, Dell Technologies or Super Micro Computer?

Dell Technologies had a net margin of 5.2% in fiscal 2026; Super Micro Computer had 5.7% in fiscal 2026.

Which grew revenue faster, Dell Technologies or Super Micro Computer?

In their latest fiscal years revenue changed by +18.8% at Dell Technologies and +77.8% at Super Micro Computer.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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