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Dell Technologies Inc.

Dell Technologies Inc.DELL Rule of 40

Rule of 40 combines revenue growth and free cash flow margin in one quarterly score.

Median 19.9 Above 40 0–40 Below 0
13
Q3
7
FY2025 Q4
15
Q1
25
Q2
13
Q3
51
FY2026 Q4
95
Q1
60
FY2027 Q2 40 0 Mix

Latest Rule of 40: +60 (Q2 FY2027); +35 pts YoY.

Across the 8 quarters from Q3 FY2025 to Q2 FY2027, Rule of 40 ranged from +7 in Q4 FY2025 to +95 in Q1 FY2027.

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