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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dell Technologies's retained earnings for the quarter that ended in Apr. 2026 was CHF4,996 Mil.
Dell Technologies's quarterly retained earnings
increased
from Oct. 2025 (CHF1,132 Mil) to Jan. 2026 (CHF2,625 Mil) and
increased
from Jan. 2026 (CHF2,625 Mil) to Apr. 2026 (CHF4,996 Mil).
Dell Technologies's annual retained earnings
increased
from Jan. 2024 (CHF-3,826 Mil) to Jan. 2025 (CHF-1,055 Mil) and
increased
from Jan. 2025 (CHF-1,055 Mil) to Jan. 2026 (CHF2,625 Mil).
Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.
For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.
If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.
Of course, many companies with negative retained earnings have indeed lost money in the past.
Retained Earnings: Warren Buffett's Secret.
One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.
If the company loses more than it has accumulated, retained earnings is negative.
If a company isn't adding to its retained earnings, it isn't growing its net worth.
Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.
Microsoft is negative because it chose to buyback stock and pay dividends.
The more earnings retained, the faster it grows and increases growth rate for future earnings.
Dell Technologies Retained Earnings Historical Data
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The historical data trend for Dell Technologies's Retained Earnings can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.
Of course, if a company loses, it is called retained losses, or accumulated losses.
What does a Retained Earnings of CHF4,996 Mil mean?
Dell Technologies (XSWX:DELL) has a Retained Earnings of CHF4,996 Mil as of Apr. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Dell Technologies and its competitors.
Is Dell Technologies' Retained Earnings too high?
Dell Technologies' current Retained Earnings is CHF4,996 Mil. Overall, Dell Technologies has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does Dell Technologies' Retained Earnings compare to SNDK and STX?
Dell Technologies' Retained Earnings of CHF4,996 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Hardware company?
A good Retained Earnings depends on the Hardware industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Dell Technologies and its competitors. Dell Technologies's current Retained Earnings is CHF4,996 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dell Technologies stock overvalued right now?
Dell Technologies (XSWX:DELL) has a current Retained Earnings of CHF4,996 Mil. The stock's GF Value™ is CHF158.33, compared to a current price of CHF370.00 — trading 133.7% above its estimated fair value. The current Retained Earnings is CHF4,996 Mil. Dell Technologies' overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Dell Technologies (XSWX:DELL), the current Retained Earnings is CHF4,996 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Dell Technologies (XSWX:DELL) Overvalued in 2026?
Based on GuruFocus' analysis, Dell Technologies stock appears to be overvalued.
The current stock price of CHF370.00 is trading 133.7% above its estimated GF Value™ of CHF158.33.
Key valuation signals for XSWX:DELL:
Retained Earnings: CHF4,996 Mil
GF Value™: CHF158.33 vs. price of CHF370.00 (133.7% above fair value)
No single metric tells the full story. See the XSWX:DELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Dell Technologies is a broad information technology vendor, primarily supplying hardware to enterprises. It focuses on premium and commercial personal computers, as well as enterprise on-premises data center hardware. It holds top-three shares in its core markets of personal computers, peripheral displays, mainstream servers, and external storage. Dell has a robust ecosystem of component and assembly partners and also relies heavily on channel partners to fulfill its sales.
69GF Score
Get the complete analysis for XSWX:DELL
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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