Tech Earnings in Focus: Dell, Palo Alto Networks, and MongoDB Set to Report

Investors are bracing for a trio of key technology earnings reports after Tuesday's closing bell, with Dell Technologies (DELL), Palo Alto Networks (PANW), and MongoDB (MDB) scheduled to release their latest quarterly results. Each report is poised to provide a distinct view into different segments of the tech industry, from enterprise hardware to high-valuation cybersecurity and cloud database software.

Analyst Expectations

Dell's report is considered the most significant for broader market sentiment due to its massive revenue scale, which dwarfs the others. According to Investing.com data, consensus estimates for the quarter are as follows:

• Dell Technologies (DELL): An expected earnings per share (EPS) of $4.87 on revenue of $44.84 billion.
• Palo Alto Networks (PANW): An expected EPS of $0.9763 on revenue of $3.35 billion.
• MongoDB (MDB): An expected EPS of $1.61 on revenue of $735.16 million.

Key Metrics to Watch

Beyond the headline figures, market participants will scrutinize specific operational metrics and forward-looking guidance to assess the underlying health of each business.

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For Dell, the primary focus will be on revenue delivery and the company's forward guidance, which serves as a key barometer for enterprise IT spending. Its performance is closely watched due to its significant market footprint, with a market capitalization of approximately $294.65 billion as of September 1, 2026.

Palo Alto Networks faces intense pressure to justify its premium valuation. With a trailing price-to-earnings (P/E) ratio of 346.6x as of April 30, 2026, investors will demand flawless execution. Key metrics include billings, recurring-revenue momentum, and a strong outlook.

For the smaller, high-growth MongoDB, the report will be a test of consumption trends for its database products and the durability of its profit margins. Its results are particularly important for investors focused on the software-as-a-service (SaaS) sector.

Pre-Earnings Market Action

Shares of all three technology companies were trading in negative territory ahead of their respective announcements on Tuesday, September 1, 2026. In mid-afternoon trading, Dell was down approximately 6.5%, while Palo Alto Networks and MongoDB had declined by about 6.0% and 4.1%, respectively, signaling investor caution leading into the reports.