← Dell Technologies Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | FY 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total net revenue | $61.6b | $78.7b | $90.6b | $92.2b | $94.2b | $101.2b | $102.3b | $88.4b | $95.6b | $113.5b | — | |
| Total cost of net revenue | $48.7b | $58.6b | $65.6b | $63.2b | $64.8b | $79.3b | $79.6b | $67.6b | $74.3b | $90.8b | — | |
| Gross margin | $13.0b |
$20.1b
+54.75%
|
$25.1b
+24.93%
|
$28.9b
+15.49%
|
$29.4b
+1.67%
|
$21.9b
-25.58%
|
$22.7b
+3.63%
|
$20.9b
-8.01%
|
$21.2b
+1.83%
|
$22.7b
+6.86%
|
$25.6b
+12.53%
|
|
| Research and development | $2.6b | $4.4b | $4.6b | $5.0b | $5.3b | $2.6b | $2.8b | $2.8b | $3.1b | $3.1b | $3.3b | |
| Selling, general, and administrative | $13.6b | $19.0b | $20.6b | $21.3b | $19.0b | $14.7b | $14.1b | $12.9b | $12.0b | $11.4b | $11.3b | |
| Total operating expenses | $16.2b | $23.4b | $25.2b | $26.3b | $24.3b | $17.2b | $16.9b | $15.7b | $15.0b | $14.6b | $14.6b | |
| Operating income | ($3.3b) |
($3.3b)
-2.49%
|
($191.0m)
+94.27%
|
$2.6b
+1472.77%
|
$5.1b
+96.19%
|
$4.7b
-9.43%
|
$5.8b
+23.87%
|
$5.2b
-9.70%
|
$6.2b
+19.69%
|
$8.1b
+30.66%
|
$11.0b
+34.69%
|
|
| Income before income taxes | ($5.4b) | ($5.7b) | ($2.4b) | ($4.0m) | $3.7b | $5.9b | $3.2b | $3.9b | $5.0b | $7.3b | $10.1b | |
| Income tax expense | ($1.6b) | ($1.8b) | ($180.0m) | ($5.5b) | $165.0m | $981.0m | $803.0m | $692.0m | $472.0m | $1.3b | $1.7b | |
| Net income | ($1.7b) |
($3.9b)
-124.39%
|
($2.2b)
+43.42%
|
$5.5b
+353.51%
|
$3.5b
-36.61%
|
$5.7b
+62.82%
|
$2.4b
-57.56%
|
$3.2b
+31.92%
|
$4.6b
+43.22%
|
$5.9b
+29.72%
|
$8.4b
+41.66%
|
|
| Less: Net loss attributable to non-controlling interests | ($46.0m) | ($127.0m) | $129.0m | $913.0m | $255.0m | ($6.0m) | ($20.0m) | ($16.0m) | ($16.0m) | $0 | — | |
| Net income attributable to Dell Technologies Inc. | ($1.7b) | ($3.7b) | ($2.3b) | $4.6b | $3.2b | $5.6b | $2.4b | $3.2b | $4.6b | $5.9b | $8.4b | |
| Basic (in dollars per share) | — | ($2.02) | ($0.01) | $3.23 | $4.37 | — | $3.33 | $4.71 | $6.51 | $8.79 | — | |
| Diluted (in dollars per share) | — | ($2.03) | ($0.07) | $3.06 | $4.22 | — | $3.24 | $4.60 | $6.38 | $8.68 | — | |
| Interest and other, net | ($2.1b) | ($2.4b) | ($2.2b) | ($2.6b) | ($1.5b) | $1.3b | ($2.5b) | ($1.3b) | ($1.2b) | ($886.0m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.