DELL
Dell Technologies Inc
NYSE: DELL · TECHNOLOGY · COMPUTER HARDWARE
$205.66
-0.13% today
Updated 2026-04-29
Market cap
$140.50B
P/E ratio
24.87
P/S ratio
1.24x
EPS (TTM)
$8.69
Dividend yield
0.99%
52W range
$85 – $219
Volume
8.6M
Dell Technologies Inc (DELL) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $57.42B | $61.13B | $61.10B | $52.90B | $61.49B | $62.07B | $56.94B | $56.38B | $53.98B | $50.91B | $62.16B | $79.04B | $90.62B | $84.81B | $86.67B | $101.20B | $102.30B | $88.42B | $95.57B | $113.54B |
| Revenue growth (YoY) | — | +6.5% | -0.1% | -13.4% | +16.2% | +0.9% | -8.3% | -1.0% | -4.3% | -5.7% | +22.1% | +27.1% | +14.7% | -6.4% | +2.2% | +16.8% | +1.1% | -13.6% | +8.1% | +18.8% |
| Cost of revenue | $47.43B | $48.87B | $49.28B | $42.55B | $49.07B | $47.27B | $44.71B | $46.89B | $45.24B | $42.52B | $48.52B | $58.50B | $65.57B | $64.18B | $66.53B | $79.31B | $79.61B | $67.36B | $74.32B | $90.83B |
| Gross profit | $9.99B | $12.27B | $11.82B | $10.35B | $12.42B | $14.80B | $12.23B | $9.48B | $8.74B | $8.39B | $13.65B | $20.54B | $25.05B | $20.64B | $20.14B | $21.89B | $22.69B | $21.07B | $21.25B | $22.71B |
| Gross margin | 17.4% | 20.1% | 19.3% | 19.6% | 20.2% | 23.8% | 21.5% | 16.8% | 16.2% | 16.5% | 22.0% | 26.0% | 27.6% | 24.3% | 23.2% | 21.6% | 22.2% | 23.8% | 22.2% | 20.0% |
| R&D | $498.00M | $693.00M | $665.00M | $624.00M | $661.00M | $856.00M | $1.07B | $1.27B | $920.00M | $1.05B | $2.64B | $4.38B | $4.60B | $2.45B | $2.46B | $2.58B | $2.78B | $2.80B | $3.06B | $3.14B |
| SG&A | $6.35B | $7.90B | $7.62B | $6.73B | $7.65B | $9.12B | $7.18B | $8.24B | $7.69B | $7.26B | $12.63B | $18.52B | $19.35B | $14.10B | $13.00B | $13.26B | $14.14B | $11.44B | $10.73B | $11.12B |
| Operating income | $3.17B | $3.75B | $3.42B | $2.77B | $3.80B | $4.74B | $3.16B | $-1.28B | $-448.00M | $-514.00M | $-2.39B | $-2.42B | $-191.00M | $2.37B | $3.69B | $4.66B | $5.77B | $5.41B | $6.24B | $8.45B |
| Operating margin | 5.5% | 6.1% | 5.6% | 5.2% | 6.2% | 7.6% | 5.5% | -2.3% | -0.8% | -1.0% | -3.8% | -3.1% | -0.2% | 2.8% | 4.3% | 4.6% | 5.6% | 6.1% | 6.5% | 7.4% |
| EBITDA | — | — | — | — | — | — | $4.30B | $1.11B | $2.57B | $2.29B | $2.59B | $6.38B | $8.00B | $8.49B | $9.79B | $12.02B | $8.93B | $8.89B | $9.59B | $11.85B |
| EBITDA margin | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 7.6% | 2.0% | 4.8% | 4.5% | 4.2% | 8.1% | 8.8% | 10.0% | 11.3% | 11.9% | 8.7% | 10.1% | 10.0% | 10.4% |
| EBIT | — | — | — | — | — | — | $3.16B | $-644.00M | $-408.00M | $-584.00M | $-2.35B | $-2.25B | $258.00M | $2.35B | $4.40B | $7.46B | $5.77B | $5.59B | $6.46B | $8.82B |
| Interest expense | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $351.00M | $807.00M | $702.00M | $1.80B | $2.52B | $2.62B | $2.40B | $2.05B | $1.54B | $1.22B | $1.50B | $1.41B | $1.56B |
| Income tax | $762.00M | $880.00M | $846.00M | $591.00M | $715.00M | $748.00M | $469.00M | $23.00M | $-107.00M | $-118.00M | $-1.42B | $-1.84B | $-180.00M | $-572.00M | $101.00M | $981.00M | $803.00M | $715.00M | $472.00M | — |
| Effective tax rate | 22.8% | 23.0% | 25.5% | 29.2% | 21.3% | 17.6% | 16.5% | -1.4% | 8.1% | 9.7% | 54.9% | 39.3% | 7.2% | -14.1% | 3.0% | 15.0% | 24.7% | 17.4% | 9.3% | 0.0% |
| Net income | $2.58B | $2.95B | $2.48B | $1.43B | $2.63B | $3.49B | $2.37B | $-1.71B | $-1.22B | $-1.10B | $-1.17B | $-2.85B | $-2.31B | $4.62B | $3.25B | $5.56B | $2.44B | $3.39B | $4.59B | $5.94B |
| Net income growth (YoY) | — | +14.1% | -15.9% | -42.2% | +83.9% | +32.5% | -32.1% | -171.9% | +28.4% | +9.6% | -5.7% | -144.1% | +18.9% | +299.8% | -29.6% | +71.2% | -56.1% | +38.7% | +35.5% | +29.3% |
| Profit margin | 4.5% | 4.8% | 4.1% | 2.7% | 4.3% | 5.6% | 4.2% | -3.0% | -2.3% | -2.2% | -1.9% | -3.6% | -2.5% | 5.4% | 3.7% | 5.5% | 2.4% | 3.8% | 4.8% | 5.2% |