Dell Technologies Inc.

DELL · XNYS

CIK 1571996fmd_08QZV6R5X1DZ8ADVXWFZ37Y1JSManufacturing · Electronic ComputersTemplate: Standard

Coverage: Feb 01, 2014 to Jul 31, 2026, 47 periods

Income Statement · Annual · Millions · USD
Line item	FY2017	FY2018	FY2019	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	FY2026
Total revenues	62,164	79,040	90,621	84,815	86,670	101,197	102,301	88,425	95,567	113,538
Rental revenue	–	–	–	169	452	717	1,091	1,353	1,473	1,550
Cost of revenue	48,515	58,503	65,568	64,176	66,530	79,306	79,615	67,356	74,317	90,831
Gross profit	13,649	20,537	25,053	20,639	20,140	21,891	22,686	21,069	21,250	22,707
Realized investment gains (losses)	4	72	342	158	425	569	(206)	47	177	254
Provision for credit losses	–	–	95	107	152	–	–	–	–	–
Research and development	2,636	4,384	4,604	2,454	2,455	2,577	2,779	2,801	3,061	3,142
Selling, general and administrative	13,403	18,569	20,640	15,819	14,000	14,655	14,136	12,857	11,952	11,416
Total operating expenses	16,039	22,953	25,244	18,273	16,455	17,232	16,915	15,658	15,013	14,558
Operating income	(2,390)	(2,416)	(191)	2,366	3,685	4,659	5,771	5,411	6,237	8,149
Interest expense	1,751	2,406	2,488	2,334	2,052	1,542	1,222	1,501	1,394	1,560
Interest and investment income	102	207	313	99	47	42	100	305	160	256
Other non-operating income (expense)	(2,104)	(2,353)	(2,170)	(2,417)	(1,339)	1,264	(2,546)	(1,324)	(1,189)	(886)
Income before taxes	(4,494)	(4,769)	(2,361)	(51)	2,346	5,923	3,225	4,087	5,048	7,263
Income tax expense	(1,420)	(1,843)	(180)	(572)	101	981	803	715	472	1,327
Net income from continuing operations	(3,074)	(2,926)	(2,181)	521	2,245	4,942	2,422	3,195	4,576	5,936
Net income	(1,167)	(2,849)	(2,310)	4,616	3,250	5,563	2,442	3,388	4,592	5,936
Net income to common shareholders	–	–	–	–	–	4,948	2,442	3,388	4,592	5,936