Dell Technologies Inc. (DELL)
NYSE: DELL · Real-Time Price · USD
456.01
-0.23 (-0.05%)
At close: Aug 31, 2026, 4:00 PM EDT
459.88
+3.87 (0.85%)
After-hours: Aug 31, 2026, 7:59 PM 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% | - | 12.53% | 6.41% |
Cost of Revenue | 35,979 | 26,618 | 21,379 | 24,281 | 18,411 | 18,214 | 18,975 | 19,609 | 17,364 | 16,770 | 17,096 | 17,520 | 15,883 | 19,199 | 18,993 | 20,988 | 20,332 | 22,374 | 20,890 | 18,716 |
Gross Profit | 7,863 | 6,761 | 5,626 | 5,495 | 4,967 | 5,717 | 5,391 | 5,417 | 4,880 | 5,548 | 5,155 | 5,414 | 5,039 | 5,840 | 5,728 | 5,437 | 5,784 | 5,618 | 5,534 | 5,475 |
Selling, General & Admin | 3,037 | 2,788 | 2,673 | 2,761 | 2,897 | 2,668 | 2,823 | 2,962 | 3,080 | 2,952 | 2,956 | 3,193 | 3,235 | 3,523 | 3,211 | 3,497 | 3,553 | 3,398 | 3,838 | 3,761 |
Research & Development | 943 | 761 | 719 | 757 | 775 | 762 | 702 | 735 | 743 | 691 | 691 | 692 | 687 | 763 | 658 | 624 | 681 | 611 | 650 | 697 |
Operating Expenses | 3,980 | 3,549 | 3,392 | 3,518 | 3,672 | 3,430 | 3,525 | 3,697 | 3,823 | 3,643 | 3,647 | 3,885 | 3,922 | 4,286 | 3,869 | 4,121 | 4,234 | 4,009 | 4,488 | 4,458 |
Operating Income | 3,883 | 3,212 | 2,234 | 1,977 | 1,295 | 2,287 | 1,866 | 1,720 | 1,057 | 1,905 | 1,508 | 1,529 | 1,117 | 1,554 | 1,859 | 1,316 | 1,550 | 1,609 | 1,046 | 1,017 |
Interest Expense | -391 | -411 | -396 | -399 | -354 | -343 | -321 | -387 | -343 | -373 | -371 | -352 | -405 | -387 | -272 | -298 | -265 | -287 | -406 | -416 |
Interest & Investment Income | 81 | 89 | 72 | 64 | 31 | 33 | 35 | 38 | 54 | 92 | 88 | 66 | 59 | 48 | 21 | 16 | 15 | 12 | 10 | 10 |
Currency Exchange Gain (Loss) | -17 | -38 | -37 | -15 | -5 | -32 | -29 | -13 | -38 | -72 | -30 | -65 | -32 | -38 | -72 | -66 | -89 | -69 | -33 | -67 |
Other Non Operating Income (Expenses) | -12 | 7 | 10 | 13 | -7 | -1 | -7 | 4 | -16 | 67 | -1 | -71 | 29 | 14 | -29 | -32 | -12 | 67 | -56 | 15 |
EBT Excluding Unusual Items | 3,544 | 2,859 | 1,883 | 1,640 | 960 | 1,944 | 1,544 | 1,362 | 714 | 1,619 | 1,194 | 1,107 | 768 | 1,191 | 1,507 | 936 | 1,199 | 1,332 | 561 | 559 |
Merger & Restructuring Charges | -227 | -120 | -115 | -204 | -130 | -128 | -145 | -328 | -92 | -214 | -22 | -364 | -48 | -367 | -97 | -46 | - | - | - | - |
Gain (Loss) on Sale of Investments | 631 | 60 | 173 | 4 | 17 | 156 | 46 | 5 | -30 | 83 | 8 | -29 | -15 | -9 | 44 | -255 | 14 | 192 | 18 | 166 |
Gain (Loss) on Sale of Assets | - | - | - | - | 236 | - | - | - | - | - | - | - | - | - | - | - | - | - | 3,968 | - |
Legal Settlements | - | - | - | - | - | - | - | - | - | - | - | - | - | 106 | -1,000 | - | - | - | - | - |
Other Unusual Items | - | - | - | - | - | - | - | - | - | - | - | - | - | 2 | - | - | - | -1,572 | - | - |
Pretax Income | 3,948 | 2,799 | 1,941 | 1,440 | 1,083 | 1,972 | 1,445 | 1,039 | 592 | 1,488 | 1,180 | 714 | 705 | 923 | 454 | 635 | 1,213 | -48 | 4,547 | 725 |
Income Tax Expense | 510 | 540 | 393 | 276 | 118 | 440 | 275 | 157 | -400 | 153 | 176 | 259 | 127 | 317 | 213 | 129 | 144 | -19 | 864 | 96 |
Earnings From Continuing Operations | 3,438 | 2,259 | 1,548 | 1,164 | 965 | 1,532 | 1,170 | 882 | 992 | 1,335 | 1,004 | 455 | 578 | 606 | 241 | 506 | 1,069 | -29 | 3,683 | 629 |
Earnings From Discontinued Operations | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 30 | 158 | 200 |
Net Income to Company | 3,438 | 2,259 | 1,548 | 1,164 | 965 | 1,532 | 1,170 | 882 | 992 | 1,335 | 1,004 | 455 | 578 | 606 | 241 | 506 | 1,069 | 1 | 3,841 | 829 |
Minority Interest in Earnings | - | - | - | - | - | 1 | 5 | 5 | 5 | 2 | 2 | 7 | 5 | 8 | 4 | 5 | 3 | 1 | 2 | 2 |
Net Income | 3,438 | 2,259 | 1,548 | 1,164 | 965 | 1,533 | 1,175 | 887 | 997 | 1,337 | 1,006 | 462 | 583 | 614 | 245 | 511 | 1,072 | 2 | 3,843 | 831 |
Net Income to Common | 3,438 | 2,259 | 1,548 | 1,164 | 965 | 1,533 | 1,175 | 887 | 997 | 1,337 | 1,006 | 462 | 583 | 614 | 245 | 511 | 1,072 | 2 | 3,843 | 831 |
Net Income Growth (YoY) | 256.27% | 47.36% | 31.75% | 31.23% | -3.21% | 14.66% | 16.80% | 91.99% | 71.01% | 117.75% | 310.61% | -9.59% | -45.62% | 30600.00% | -93.63% | -38.51% | 20.86% | - | 361.90% | -20.71% |
Shares Outstanding (Basic) | 649 | 660 | 671 | 678 | 692 | 702 | 703 | 708 | 708 | 708 | 722 | 726 | 724 | 716 | 728 | 739 | 754 | 763 | 766 | 763 |
Shares Outstanding (Diluted) | 656 | 669 | 680 | 686 | 702 | 714 | 717 | 724 | 727 | 730 | 740 | 738 | 737 | 735 | 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% | -0.68% | -0.40% | -2.25% | -5.51% | -3.67% | -5.71% | -3.94% | -0.26% | - | 2.21% | 3.28% |
EPS (Basic) | 5.30 | 3.42 | 2.31 | 1.72 | 1.39 | 2.18 | 1.67 | 1.25 | 1.41 | 1.89 | 1.39 | 0.64 | 0.81 | 0.86 | 0.34 | 0.69 | 1.42 | 0.00 | 5.02 | 1.09 |
EPS (Diluted) | 5.24 | 3.37 | 2.28 | 1.70 | 1.37 | 2.15 | 1.64 | 1.23 | 1.37 | 1.83 | 1.36 | 0.63 | 0.79 | 0.83 | 0.33 | 0.68 | 1.37 | 0.00 | 4.87 | 1.05 |
EPS Growth (YoY) | 282.48% | 57.26% | 39.02% | 38.21% | 0% | 17.44% | 20.59% | 95.24% | 73.42% | 119.99% | 312.12% | -7.35% | -42.34% | 31592.22% | -93.23% | -35.45% | 21.05% | - | 353.33% | -23.29% |
Additional Metrics
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 |
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 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 | 2.66 | -0.47 | -0.11 | -1.23 | 3.08 | 3.11 | 1.39 |
Dividend 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 (YoY) | 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 | 17.94% | 20.26% | 20.83% | 18.45% | 21.25% | 23.89% | 22.13% | 21.64% | 21.94% | 24.86% | 23.17% | 23.61% | 24.09% | 23.32% | 23.17% | 20.57% | 22.15% | 20.07% | 20.94% | 22.63% |
Operating Margin | 8.86% | 9.62% | 8.27% | 6.64% | 5.54% | 9.56% | 7.66% | 6.87% | 4.75% | 8.54% | 6.78% | 6.67% | 5.34% | 6.21% | 7.52% | 4.98% | 5.93% | 5.75% | 3.96% | 4.20% |
Profit Margin | 7.84% | 6.77% | 5.73% | 3.91% | 4.13% | 6.41% | 4.82% | 3.54% | 4.48% | 5.99% | 4.52% | 2.01% | 2.79% | 2.45% | 0.99% | 1.93% | 4.11% | 0.01% | 14.54% | 3.44% |
Free Cash Flow 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 | 4,641 | 3,695 | 2,990 | 2,739 | 2,033 | 2,736 | 2,631 | 2,504 | 1,857 | 2,330 | 2,330 | 2,360 | 1,926 | 2,091 | 2,691 | 2,060 | 2,276 | 2,176 | 2,288 | 2,257 |
EBITDA Margin | 10.59% | 11.07% | 11.07% | 9.20% | 8.70% | 11.43% | 10.80% | 10.01% | 8.35% | 10.44% | 10.47% | 10.29% | 9.21% | 8.35% | 10.88% | 7.80% | 8.71% | 7.77% | 8.66% | 9.33% |
D&A For EBITDA | 758 | 483 | 756 | 762 | 738 | 449 | 765 | 784 | 800 | 425 | 822 | 831 | 809 | 537 | 832 | 744 | 726 | 567 | 1,242 | 1,240 |
EBIT | 3,883 | 3,212 | 2,234 | 1,977 | 1,295 | 2,287 | 1,866 | 1,720 | 1,057 | 1,905 | 1,508 | 1,529 | 1,117 | 1,554 | 1,859 | 1,316 | 1,550 | 1,609 | 1,046 | 1,017 |
EBIT Margin | 8.86% | 9.62% | 8.27% | 6.64% | 5.54% | 9.56% | 7.66% | 6.87% | 4.75% | 8.54% | 6.78% | 6.67% | 5.34% | 6.21% | 7.52% | 4.98% | 5.93% | 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% | - | 10.28% | 14.92% | 36.27% | 18.01% | 34.34% | 46.92% | 20.32% | 11.87% | - | 19.00% | 13.24% |
Revenue as Reported | 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 |