Dell Technologies Income Statement

Financials in millions USD. Fiscal year is March - February.

Millions USD. Fiscal year is Mar - Feb.

Year	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014
Revenue	88,425	102,301	101,197	86,670	84,815	90,621	79,040	62,164	50,911	54,142
Revenue Growth (YoY)	-13.56%	1.09%	16.76%	2.19%	-6.41%	14.65%	27.15%	22.10%	-5.97%	-
Cost of Revenue	67,556	79,615	79,306	66,530	64,176	65,568	58,503	48,515	42,524	45,246
Gross Profit	20,869	22,686	21,891	20,140	20,639	25,053	20,537	13,649	8,387	8,896
Selling, General & Admin	12,857	14,136	14,655	14,000	15,819	20,640	18,569	13,403	7,850	8,292
Research & Development	2,801	2,779	2,577	2,455	2,454	4,604	4,384	2,636	1,051	920
Operating Expenses	15,658	16,915	17,232	16,455	18,273	25,244	22,953	16,039	8,901	9,212
Operating Income	5,211	5,771	4,659	3,685	2,366	-191	-2,416	-2,390	-514	-316
Interest Expense / Income	1,324	2,546	-1,264	1,339	2,417	2,170	2,353	2,104	772	899
Other Expense / Income	-16	-20	-621	-1,005	-4,095	129	-77	-1,907	-64	113
Pretax Income	3,903	3,245	6,544	3,351	4,044	-2,490	-4,692	-2,587	-1,222	-1,328
Income Tax	692	803	981	101	-572	-180	-1,843	-1,420	-118	-107
Net Income	3,211	2,442	5,563	3,250	4,616	-2,310	-2,849	-1,167	-1,104	-1,221
Net Income Growth	31.49%	-56.10%	71.17%	-29.59%	-	-	-	-	-	-
Shares Outstanding (Basic)	712	716	764	750	730	1,388	1,390	1,417	-	-
Shares Change	-0.63%	-6.25%	1.88%	2.75%	-47.43%	-0.13%	-1.94%	-	-	-
EPS (Basic)	4.46	3.33	7.30	4.37	6.38	6.01	1.63	1.36	-	-
EPS (Diluted)	4.36	3.24	7.02	4.22	6.03	5.91	1.61	1.35	-	-
EPS Growth	34.57%	-53.85%	66.35%	-30.02%	2.03%	267.08%	19.26%	-	-	-
Free Cash Flow	5,920	562	7,511	9,325	6,715	5,494	5,262	1,485	1,768	2,096
Free Cash Flow Per Share	8.32	0.79	9.83	12.44	9.20	3.96	3.79	1.05	-	-
Dividend Per Share	1.480	1.320	59.000	-	-	-	-	-	-	-
Dividend Growth	12.12%	-97.76%	-	-	-	-	-	-	-	-
Gross Margin	23.60%	22.18%	21.63%	23.24%	24.33%	27.65%	25.98%	21.96%	16.47%	16.43%
Operating Margin	5.89%	5.64%	4.60%	4.25%	2.79%	-0.21%	-3.06%	-3.84%	-1.01%	-0.58%
Profit Margin	3.63%	2.39%	5.50%	3.75%	5.44%	-2.55%	-3.60%	-1.88%	-2.17%	-2.26%
Free Cash Flow Margin	6.69%	0.55%	7.42%	10.76%	7.92%	6.06%	6.66%	2.39%	3.47%	3.87%
Effective Tax Rate	17.73%	24.75%	14.99%	3.01%	-14.14%	-	-	-	-	-
EBITDA	8,530	8,947	9,831	10,080	12,604	7,426	6,295	4,455	2,422	2,548
EBITDA Margin	9.65%	8.75%	9.71%	11.63%	14.86%	8.19%	7.96%	7.17%	4.76%	4.71%
Depreciation & Amortization	3,303	3,156	4,551	5,390	6,143	7,746	8,634	4,938	2,872	2,977
EBIT	5,227	5,791	5,280	4,690	6,461	-320	-2,339	-483	-450	-429
EBIT Margin	5.91%	5.66%	5.22%	5.41%	7.62%	-0.35%	-2.96%	-0.78%	-0.88%	-0.79%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).