Dell Technologies Inc. (DELL)
NYSE: DELL · Real-Time Price · USD
412.68
-44.86 (-9.80%)
At close: Jul 15, 2026, 4:00 PM EDT
400.90
-11.78 (-2.85%)
Pre-market: Jul 16, 2026, 8:51 AM EDT
Dell Technologies Income Statement
Financials in millions USD. Fiscal year is February - January.
Millions USD. Fiscal year is Feb - Jan.
Fiscal Quarter | Q1 2027 | Q4 2026 | Q3 2026 | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | May '26 May 1, 2026 | Jan '26 Jan 30, 2026 | Oct '25 Oct 31, 2025 | Aug '25 Aug 1, 2025 | May '25 May 2, 2025 | Jan '25 Jan 31, 2025 | Nov '24 Nov 1, 2024 | Aug '24 Aug 2, 2024 | May '24 May 3, 2024 | Feb '24 Feb 2, 2024 | Nov '23 Nov 3, 2023 | Aug '23 Aug 4, 2023 | May '23 May 5, 2023 | Feb '23 Feb 3, 2023 | Oct '22 Oct 28, 2022 | Jul '22 Jul 29, 2022 | Apr '22 Apr 29, 2022 | Jan '22 Jan 28, 2022 | Oct '21 Oct 29, 2021 | Jul '21 Jul 30, 2021 |
| 43,842 | 33,379 | 27,005 | 29,776 | 23,378 | 23,931 | 24,366 | 25,026 | 22,244 | 22,318 | 22,251 | 22,934 | 20,922 | 25,039 | 24,721 | 26,425 | 26,116 | 27,992 | 26,424 | 24,191 | |
Revenue Growth (YoY) | 87.53% | 39.48% | 10.83% | 18.98% | 5.10% | 7.23% | 9.50% | 9.12% | 6.32% | -10.87% | -9.99% | -13.21% | -19.89% | -10.55% | -6.44% | 9.23% | 15.61% | 7.20% | 12.53% | 6.41% |
Cost of Revenue | 36,060 | 26,649 | 21,412 | 24,329 | 18,441 | 18,253 | 19,006 | 19,665 | 17,393 | 16,802 | 17,103 | 17,547 | 15,904 | 19,283 | 19,014 | 20,986 | 20,332 | 22,374 | 20,890 | 18,716 |
Gross Profit | 7,782 | 6,730 | 5,593 | 5,447 | 4,937 | 5,678 | 5,360 | 5,361 | 4,851 | 5,516 | 5,148 | 5,387 | 5,018 | 5,756 | 5,707 | 5,439 | 5,784 | 5,618 | 5,534 | 5,475 |
Selling, General & Admin | 3,143 | 2,841 | 2,722 | 2,889 | 2,964 | 2,746 | 2,894 | 3,189 | 3,123 | 3,109 | 2,970 | 3,517 | 3,261 | 3,772 | 3,268 | 3,543 | 3,553 | 3,398 | 3,838 | 3,761 |
Research & Development | 983 | 797 | 752 | 785 | 808 | 773 | 745 | 780 | 763 | 716 | 692 | 705 | 688 | 795 | 677 | 626 | 681 | 611 | 650 | 697 |
Total Operating Expenses | 4,126 | 3,638 | 3,474 | 3,674 | 3,772 | 3,519 | 3,639 | 3,969 | 3,886 | 3,825 | 3,662 | 4,222 | 3,949 | 4,567 | 3,945 | 4,169 | 4,234 | 4,009 | 4,488 | 4,458 |
Operating Income | 3,656 | 3,092 | 2,119 | 1,773 | 1,165 | 2,159 | 1,721 | 1,392 | 965 | 1,491 | 1,486 | 1,165 | 1,069 | 1,189 | 1,762 | 1,270 | 1,550 | 1,609 | 1,046 | 1,017 |
Total Non-Operating Income (Expense) | 292 | -293 | -178 | -333 | -82 | -187 | -276 | -353 | -373 | -203 | -306 | -451 | -364 | -266 | -1,308 | -635 | -337 | -1,657 | 3,501 | -292 |
Pretax Income | 3,948 | 2,799 | 1,941 | 1,440 | 1,083 | 1,972 | 1,445 | 1,039 | 592 | 1,288 | 1,180 | 714 | 705 | 923 | 454 | 635 | 1,213 | -48 | 4,547 | 725 |
Provision for Income Taxes | 510 | 540 | 393 | 276 | 118 | 440 | 275 | 157 | -400 | 130 | 176 | 259 | 127 | 317 | 213 | 129 | 144 | -19 | 864 | 96 |
Net Income | 3,438 | 2,259 | 1,548 | 1,164 | 965 | 1,532 | 1,170 | 882 | 992 | 1,158 | 1,004 | 455 | 578 | 606 | 241 | 506 | 1,069 | 1 | 3,888 | 880 |
Minority Interest in Earnings | - | - | - | - | - | -1 | -5 | -5 | -5 | -2 | -2 | -7 | -5 | -8 | -4 | -5 | -3 | -1 | 45 | 49 |
Net Income to Common | 3,438 | 2,259 | 1,548 | 1,164 | 965 | 1,533 | 1,175 | 887 | 997 | 1,160 | 1,006 | 462 | 583 | 614 | 245 | 511 | 1,072 | 2 | 3,843 | 831 |
Net Income Growth | 256.27% | 47.36% | 31.75% | 31.23% | -3.21% | 32.16% | 16.80% | 91.99% | 71.01% | 88.92% | 310.61% | -9.59% | -45.62% | 30600.00% | -93.63% | -38.51% | 20.86% | -99.84% | 361.90% | -20.71% |
Shares Outstanding (Basic) | 649 | 660 | 671 | 678 | 692 | 702 | 703 | 708 | 708 | 708 | 722 | 726 | 724 | 731 | 728 | 739 | 754 | 763 | 766 | 763 |
Shares Outstanding (Diluted) | 656 | 669 | 680 | 686 | 702 | 714 | 717 | 724 | 727 | 730 | 740 | 738 | 737 | 731 | 743 | 755 | 780 | 763 | 788 | 786 |
Shares Change (YoY) | -6.55% | -6.30% | -5.16% | -5.25% | -3.44% | -2.19% | -3.11% | -1.90% | -1.36% | -0.13% | -0.40% | -2.25% | -5.51% | -4.20% | -5.71% | -3.94% | -0.26% | -1.68% | 2.21% | 3.28% |
EPS (Basic) | 5.30 | 3.37 | 2.31 | 1.72 | 1.39 | 2.15 | 1.67 | 1.25 | 1.41 | 1.70 | 1.39 | 0.64 | 0.81 | 0.84 | 0.34 | 0.69 | 1.42 | -0.04 | 4.81 | 0.83 |
EPS (Diluted) | 5.24 | 3.37 | 2.28 | 1.70 | 1.37 | 2.15 | 1.64 | 1.23 | 1.37 | 1.66 | 1.36 | 0.63 | 0.79 | 0.84 | 0.33 | 0.68 | 1.37 | -0.04 | 4.68 | 0.80 |
EPS Growth | 282.48% | 56.74% | 39.02% | 38.21% | - | 29.52% | 20.59% | 95.24% | 73.42% | 97.62% | 312.12% | -7.35% | -42.34% | - | -92.95% | -15.00% | 63.09% | - | 333.33% | -41.61% |
Free Cash Flow | 3,118 | 3,953 | 503 | 1,868 | 2,228 | -150 | 914 | 658 | 447 | 806 | 1,448 | 2,590 | 1,076 | 1,955 | -351 | -83 | -959 | 2,353 | 2,452 | 1,093 |
Free Cash Flow Growth | 39.95% | - | -44.97% | 183.89% | 398.43% | - | -36.88% | -74.59% | -58.46% | -58.77% | - | - | - | -16.91% | - | - | - | -56.26% | -2.47% | -60.78% |
Free Cash Flow Per Share | 4.75 | 5.91 | 0.74 | 2.72 | 3.17 | -0.21 | 1.27 | 0.91 | 0.61 | 1.10 | 1.96 | 3.51 | 1.46 | 2.67 | -0.47 | -0.11 | -1.23 | 3.08 | 3.11 | 1.39 |
Dividends Per Share | 0.630 | 0.525 | 0.525 | 0.525 | 0.525 | 0.445 | 0.445 | 0.445 | 0.445 | 0.370 | 0.370 | 0.370 | 0.370 | 0.330 | 0.330 | 0.330 | 0.330 | - | - | - |
Dividend Growth | 20.00% | 17.98% | 17.98% | 17.98% | 17.98% | 20.27% | 20.27% | 20.27% | 20.27% | 12.12% | 12.12% | 12.12% | 12.12% | - | - | - | - | - | - | - |
Gross Margin | 17.75% | 20.16% | 20.71% | 18.29% | 21.12% | 23.73% | 22.00% | 21.42% | 21.81% | 24.72% | 23.14% | 23.49% | 23.98% | 22.99% | 23.09% | 20.58% | 22.15% | 20.07% | 20.94% | 22.63% |
Operating Margin | 8.34% | 9.26% | 7.85% | 5.95% | 4.98% | 9.02% | 7.06% | 5.56% | 4.34% | 6.68% | 6.68% | 5.08% | 5.11% | 4.75% | 7.13% | 4.81% | 5.94% | 5.75% | 3.96% | 4.20% |
Profit Margin | 7.84% | 6.77% | 5.73% | 3.91% | 4.13% | 6.40% | 4.80% | 3.52% | 4.46% | 5.19% | 4.51% | 1.98% | 2.76% | 2.42% | 0.97% | 1.91% | 4.09% | 0.00% | 14.71% | 3.64% |
FCF Margin | 7.11% | 11.84% | 1.86% | 6.27% | 9.53% | -0.63% | 3.75% | 2.63% | 2.01% | 3.61% | 6.51% | 11.29% | 5.14% | 7.81% | -1.42% | -0.31% | -3.67% | 8.41% | 9.28% | 4.52% |
EBITDA | 4,414 | 3,865 | 2,875 | 2,535 | 1,903 | 2,933 | 2,486 | 2,176 | 1,765 | 2,332 | 2,308 | 1,996 | 1,878 | 2,043 | 2,594 | 2,014 | 2,276 | 2,439 | 2,288 | 2,257 |
EBITDA Margin | 10.07% | 11.58% | 10.65% | 8.51% | 8.14% | 12.26% | 10.20% | 8.69% | 7.93% | 10.45% | 10.37% | 8.70% | 8.98% | 8.16% | 10.49% | 7.62% | 8.71% | 8.71% | 8.66% | 9.33% |
EBIT | 3,656 | 3,092 | 2,119 | 1,773 | 1,165 | 2,159 | 1,721 | 1,392 | 965 | 1,491 | 1,486 | 1,165 | 1,069 | 1,189 | 1,762 | 1,270 | 1,550 | 1,609 | 1,046 | 1,017 |
EBIT Margin | 8.34% | 9.26% | 7.85% | 5.95% | 4.98% | 9.02% | 7.06% | 5.56% | 4.34% | 6.68% | 6.68% | 5.08% | 5.11% | 4.75% | 7.13% | 4.81% | 5.94% | 5.75% | 3.96% | 4.20% |
Effective Tax Rate | 12.92% | 19.29% | 20.25% | 19.17% | 10.90% | 22.31% | 19.03% | 15.11% | -67.57% | 10.09% | 14.92% | 36.27% | 18.01% | 34.34% | 46.92% | 20.32% | 11.87% | 39.58% | 19.00% | 13.24% |