DELL
Dell Technologies Inc.
Stock
$562.52+20.78 (+3.84%)Close Oct 2, 2026
Income statement
| Line | Last 12 months | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $151.2B | $113.5B | $95.6B | $88.4B | $102.3B | $101.2B | $86.7B | $84.8B | $90.6B | $79.0B | $62.2B | $50.9B | $54.1B |
| Cost of revenue | $121.3B | $90.8B | $74.3B | $67.4B | $79.6B | $79.3B | $66.5B | $64.2B | $65.6B | $58.5B | $48.5B | $42.5B | $45.2B |
| Gross profit | $29.9B | $22.7B | $21.3B | $21.1B | $22.7B | $21.9B | $20.1B | $20.6B | $25.1B | $20.5B | $13.6B | $8.4B | $8.9B |
| R&D | $3.6B | $3.1B | $3.1B | $2.8B | $2.8B | $2.6B | $2.5B | $2.5B | $4.6B | $4.4B | $2.6B | $1.1B | $920M |
| SG&A | $12.0B | $11.4B | $12.0B | $12.9B | $14.1B | $14.7B | $14.0B | $15.8B | $20.6B | $18.6B | $13.4B | $7.9B | $8.3B |
| Operating income | $14.3B | $8.1B | $6.2B | $5.4B | $5.8B | $4.7B | $3.7B | $2.4B | −$191M | −$2.4B | −$2.4B | −$514M | −$316M |
| Non-operating income | −$433M | −$886M | −$1.2B | −$1.3B | −$2.5B | $1.3B | −$1.3B | −$2.4B | −$2.2B | −$2.4B | −$2.1B | −$772M | −$899M |
| Pretax income | $13.8B | $7.3B | $5.0B | $4.1B | $3.2B | $5.9B | $2.3B | −$51M | −$2.4B | −$4.8B | −$4.5B | −$1.3B | −$1.2B |
| Taxes | $2.4B | $1.3B | $456M | $699M | $783M | $360M | −$904M | −$4.7B | −$51M | −$1.9B | −$3.3B | −$182M | $6.0M |
| Net income | $11.4B | $5.9B | $4.6B | $3.4B | $2.4B | $5.6B | $3.3B | $4.6B | −$2.3B | −$2.8B | −$1.2B | −$1.1B | −$1.2B |
| Diluted EPS | $17.24 | $8.68 | $6.38 | $4.60 | $3.24 | — | $4.22 | $6.03 | — | — | — | — | — |
| Diluted shares | — | 684.0M | 720.0M | 736.0M | 753.0M | 791.0M | 767.0M | 751.0M | — | — | — | — | — |
| Revenue growth | — | +18.8% | +8.1% | −13.6% | +1.1% | +16.8% | +2.2% | −6.4% | +14.7% | +27.1% | +22.1% | −6.0% | — |
| Gross margin | 19.8% | 20.0% | 22.2% | 23.8% | 22.2% | 21.6% | 23.2% | 24.3% | 27.6% | 26.0% | 22.0% | 16.5% | 16.4% |
| Operating margin | 9.4% | 7.2% | 6.5% | 6.1% | 5.6% | 4.6% | 4.3% | 2.8% | −0.2% | −3.1% | −3.8% | −1.0% | −0.6% |
| Net margin | 7.5% | 5.2% | 4.8% | 3.8% | 2.4% | 5.5% | 3.7% | 5.4% | −2.5% | −3.6% | −1.9% | −2.2% | −2.3% |