Dell Technologies Cash Flow Statement

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

Millions USD. Fiscal year is Feb - Jan.

Fiscal Year	TTM	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 1, 2026	Jan '26 Jan 30, 2026	Jan '25 Jan 31, 2025	Feb '24 Feb 2, 2024	Feb '23 Feb 3, 2023	Jan '22 Jan 28, 2022
Net Income	8,409	5,936	4,576	3,372	2,422	5,707
Depreciation & Amortization	2,291	3,029	3,123	3,303	3,156	4,551
Stock-Based Compensation	533	723	785	878	931	1,622
Other Adjustments	4,797	654	245	518	244	-3,495
Change in Receivables	-10,476	-9,762	-2,246	3,286	-348	-2,434
Changes in Inventories	-3,253	-3,987	-3,515	975	875	-2,514
Changes in Accounts Payable	8,154	12,665	1,703	-498	-8,546	5,742
Changes in Unearned Revenue	191	-39	-2,497	-1,022	3,209	2,597
Changes in Other Operating Activities	5,242	1,966	2,347	-2,136	1,622	-1,469
Operating Cash Flow	12,470	11,185	4,521	8,676	3,565	10,307
Operating Cash Flow Growth	98.76%	147.40%	-47.89%	143.37%	-65.41%	-9.64%
Capital Expenditures	-3,028	-2,633	-2,652	-2,756	-3,003	-2,796
Purchases of Investments	-224	-197	-125	-172	-108	-414
Proceeds from Sale of Investments	216	246	382	226	116	513
Payments for Business Acquisitions	-84	-84	-	-126	-70	-16
Proceeds from Business Divestments	-	533	-	-	-	3,957
Other Investing Activities	86	80	180	45	41	62
Investing Cash Flow	-3,034	-2,055	-2,215	-2,783	-3,024	1,306
Long-Term Debt Issued	11,161	15,004	9,258	7,775	12,479	20,425
Long-Term Debt Repaid	-9,000	-8,522	-10,570	-11,246	-9,825	-26,723
Net Long-Term Debt Issued (Repaid)	2,161	6,482	-1,312	-3,471	2,654	-6,298
Issuance of Common Stock	5	5	1	10	5	334
Repurchase of Common Stock	-6,237	-6,404	-3,165	-2,452	-3,281	-1,838
Net Common Stock Issued (Repurchased)	-6,232	-6,399	-3,164	-2,442	-3,276	-1,504
Common Dividends Paid	-1,527	-1,459	-1,275	-1,072	-964	-
Other Financing Activities	-57	-88	-64	-109	-39	-8,807
Financing Cash Flow	-5,655	-1,464	-5,815	-7,094	-1,625	-16,609
Effect of Exchange Rate Changes on Cash and Cash Equivalents	119	221	-179	-186	-104	-106
Net Cash Flow	3,900	7,887	-3,688	-1,387	-1,188	-5,102
Free Cash Flow	9,442	8,552	1,869	5,920	562	7,511
Free Cash Flow Growth	10.41%	357.57%	-68.43%	953.38%	-92.52%	-19.45%
FCF Margin	7.05%	7.53%	1.96%	6.69%	0.55%	7.42%
Free Cash Flow Per Share	14.03	12.50	2.60	8.04	0.75	9.50
Levered Free Cash Flow	16,729	23,419	1,789	-2,217	2,409	5,376
Unlevered Free Cash Flow	18,431	17,661	4,163	2,330	1,647	9,998

SEC Filings: 10-K · 10-Q