DELL
Dell Technologies Inc.Stock · TechnologyS&P 500 Equal Weight 0.3% · S&P 500 0.2% · Russell 1000 0.2% · Russell 3000 0.2% · US Stock Market 0.2% · MSCI World 0.1% · MSCI ACWI 0.07%$567.29+11.98%
as of market close, Sep 11, 2026
☾ AH $566.56 -0.13%
DELL financial statements
The full income statement, balance sheet, and cash-flow statement for Dell Technologies Inc. (DELL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-08 702.4M2024-11 700.5M2025-01 697.8M2025-05 678.8M2025-08 672.4M2025-10 662.7M2026-01 645.7M2026-05 648.1M2026-07 635.8M-9.5% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
As-reported fiscal years.
| Line item | Trend | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|---|---|
| Income Statement | as ofJan 30 ’26 | as ofJan 31 ’25 | as ofFeb 2 ’24 | as ofFeb 3 ’23 | as ofJan 28 ’22 | |
| 114B+18.8% | 95.6B+8.1% | 88.4B-13.6% | 102B+1.1% | 101B+16.8% | ||
| Lease income | 1.55B+5.2% | 1.47B+8.9% | 1.35B+24.0% | 1.09B+52.2% | 717M+58.6% | |
| 22.7B+6.9% | 21.3B+0.9% | 21.1B-7.1% | 22.7B+3.6% | 21.9B+8.7% | ||
| Cost of revenue | 90.8B+22.2% | 74.3B+10.3% | 67.4B-15.4% | 79.6B+0.4% | 79.3B+19.2% | |
| 14.6B-3.0% | 15.0B-4.1% | 15.7B-7.4% | 16.9B-1.8% | 17.2B+4.7% | ||
| Research & development | 3.14B+2.6% | 3.06B+9.3% | 2.80B+0.8% | 2.78B+7.8% | 2.58B+5.0% | |
| Selling, general & administrative | 11.4B-4.5% | 12.0B-7.0% | 12.9B-9.0% | 14.1B-3.5% | 14.7B+4.7% | |
| Amortization of intangibles | 500M-28.6% | 700M-12.5% | 800M-20.0% | 1.00B-37.5% | 1.60B-23.8% | |
| Provision for credit losses | — | — | — | — | 32.0M-30.4% | |
| Operating income | 8.15B+30.7% | 6.24B+15.3% | 5.41B-6.2% | 5.77B+23.9% | 4.66B+26.4% | |
| Interest expense | 1.56B+11.9% | 1.39B-7.1% | 1.50B+22.8% | 1.22B-20.8% | 1.54B-24.9% | |
| Other non-operating income | 23.0M+215.0% | -20.0M-183.3% | 24.0M+140.7% | -59.0M-395.0% | 20.0M-80.2% | |
| Gain (loss) on equity securities | 126M+4.1% | 121M+611.8% | 17.0M+106.8% | -249M-154.7% | 455M+21.7% | |
| Pre-tax income | 7.26B+43.9% | 5.05B+23.5% | 4.09B+26.7% | 3.23B-45.6% | 5.92B+152.5% | |
| Income tax | 1.33B+181.1% | 472M-34.0% | 715M-11.0% | 803M-18.1% | 981M+871.3% | |
| 5.94B+29.3% | 4.59B+35.5% | 3.39B+38.7% | 2.44B-56.1% | 5.56B+71.2% | ||
| Discontinued operations | — | — | 0.00 | 0.00-100.0% | 765M-39.3% | |
| Net income to non-controlling interest | 0.00+100.0% | -16.0M+0.0% | -16.0M+20.0% | -20.0M-113.9% | 144M-43.5% | |
| Net income to common | 5.94B+29.3% | 4.59B+35.5% | 3.39B+38.7% | 2.44B-50.6% | 4.95B | |
| $8.68+36.1% | $6.38+38.7% | $4.60+42.0% | $3.24 | — | ||
| EPS (basic) | $8.79+35.0% | $6.51+38.2% | $4.71+41.4% | $3.33 | — | |
| Weighted-avg shares (basic) | 675M-4.3% | 705M-2.1% | 720M-1.9% | 734M-3.7% | 762M+2.4% | |
| Weighted-avg shares (diluted) | 684M-5.0% | 720M-2.2% | 736M-2.3% | 753M-4.8% | 791M+3.1% | |
| Dividends per share | $2.10+18.0% | $1.78+20.3% | $1.48+12.1% | $1.32 | — | |
| Balance Sheet | as ofJan 30 ’26 | as ofJan 31 ’25 | as ofFeb 2 ’24 | as ofFeb 3 ’23 | as ofJan 28 ’22 | |
| 57.6B+59.0% | 36.2B+0.7% | 36.0B-15.0% | 42.4B-6.0% | 45.0B+3.4% | ||
| Cash & equivalents | 11.5B+217.3% | 3.63B-50.7% | 7.37B-14.4% | 8.61B-9.2% | 9.48B-0.3% | |
| Accounts receivable | 17.6B+70.8% | 10.3B+10.2% | 9.34B-25.1% | 12.5B-3.3% | 12.9B+20.3% | |
| Inventory | 10.4B+55.4% | 6.72B+85.4% | 3.62B-24.2% | 4.78B-19.0% | 5.90B+73.3% | |
| Prepaid expenses | 552M-2.1% | 564M-4.2% | 589M-8.1% | 641M-27.7% | 886M+22.9% | |
| Other current assets | 9.59B-0.2% | 9.61B-12.7% | 11.0B+1.7% | 10.8B-6.1% | 11.5B+17.5% | |
| 101B+27.0% | 79.7B-2.9% | 82.1B-8.4% | 89.6B-3.4% | 92.7B-24.9% | ||
| Property, plant & equipment | 6.68B+5.4% | 6.34B-1.5% | 6.43B+3.6% | 6.21B+14.7% | 5.42B+12.0% | |
| Operating lease right-of-use | 640M-3.0% | 660M-6.6% | 707M-2.5% | 725M-16.8% | 871M-22.3% | |
| Goodwill | 19.5B+2.2% | 19.1B-2.9% | 19.7B+0.1% | 19.7B-0.5% | 19.8B-1.3% | |
| Intangible assets | 4.53B-9.1% | 4.99B-12.5% | 5.70B-11.9% | 6.47B-13.3% | 7.46B-18.1% | |
| Long-term investments | 1.73B+15.6% | 1.50B+13.7% | 1.32B-13.3% | 1.52B-17.5% | 1.84B+37.9% | |
| Other non-current assets | 5.38B-4.8% | 5.65B-20.6% | 7.12B-2.7% | 7.31B+4.7% | 6.99B+3.7% | |
| 63.3B+36.0% | 46.5B-3.8% | 48.4B-6.4% | 51.7B-8.1% | 56.2B+3.9% | ||
| Accounts payable | 33.6B+61.4% | 20.8B+8.4% | 19.2B+3.4% | 18.6B-31.5% | 27.1B+25.8% | |
| Accrued liabilities | 8.31B+26.0% | 6.60B-3.4% | 6.83B-23.1% | 8.87B+17.1% | 7.58B+5.7% | |
| Deferred revenue | 13.3B-2.5% | 13.7B-10.7% | 15.3B-1.4% | 15.5B+9.0% | 14.3B+8.0% | |
| Short-term & current debt | 7.99B+53.5% | 5.20B-25.5% | 6.98B+6.2% | 6.57B+12.9% | 5.82B-8.4% | |
| Current lease liability | 246M+4.2% | 236M-6.7% | 253M-2.7% | 260M-9.4% | 287M-12.5% | |
| 104B+27.9% | 81.1B-3.7% | 84.3B-9.0% | 92.6B-1.8% | 94.3B-18.3% | ||
| Long-term debt | 23.5B+21.4% | 19.4B+1.8% | 19.0B-17.4% | 23.0B+8.9% | 21.1B-35.7% | |
| Deferred revenue (non-current) | 13.6B+10.6% | 12.3B-11.1% | 13.8B-6.2% | 14.7B+10.8% | 13.3B+7.4% | |
| Non-current lease liability | 481M-7.9% | 522M-9.4% | 576M-8.6% | 630M-12.5% | 720M-19.7% | |
| Operating lease liability (total) | 727M-4.1% | 758M-8.6% | 829M-6.9% | 890M-11.6% | 1.01B-17.8% | |
| Other non-current liabilities | 3.38B+14.5% | 2.95B-3.7% | 3.06B-4.9% | 3.22B-11.8% | 3.65B-6.9% | |
| -2.47B-66.7% | -1.48B+33.5% | -2.23B+28.7% | -3.12B-85.3% | -1.69B-168.0% | ||
| Retained earnings | 3.33B+386.6% | -1.16B+74.0% | -4.45B+33.9% | -6.73B+17.8% | -8.19B+40.5% | |
| Treasury stock | 14.5B+70.9% | 8.50B+44.1% | 5.90B+54.7% | 3.81B+295.5% | 964M+216.1% | |
| Accumulated other comprehensive income | -719M+23.4% | -939M-17.4% | -800M+20.1% | -1.00B-132.3% | -431M-37.3% | |
| Non-controlling interest | 0.00-100.0% | 95.0M+0.0% | 95.0M-2.1% | 97.0M-7.6% | 105M-97.9% | |
| Total equity incl. non-controlling | -2.47B-78.1% | -1.39B+34.9% | -2.13B+29.5% | -3.02B-91.5% | -1.58B-120.9% | |
| Total liabilities & equity | 101B+27.0% | 79.7B-2.9% | 82.1B-8.4% | 89.6B-3.4% | 92.7B-24.9% | |
| Common shares issued | 844M+1.2% | 834M+1.6% | 821M+2.9% | 798M+2.7% | 777M+2.1% | |
| Common shares outstanding | 652M-6.3% | 696M-1.3% | 705M-1.5% | 716M-5.4% | 757M+0.5% | |
| Cash Flow | as ofJan 30 ’26 | as ofJan 31 ’25 | as ofFeb 2 ’24 | as ofFeb 3 ’23 | as ofJan 28 ’22 | |
| 11.2B+147.4% | 4.52B-47.9% | 8.68B+143.4% | 3.56B-65.4% | 10.3B-9.6% | ||
| Depreciation & amortization | 3.03B-3.0% | 3.12B-5.4% | 3.30B+4.7% | 3.16B-30.7% | 4.55B-15.6% | |
| Intangible amortization | 500M-28.6% | 700M-12.5% | 800M-20.0% | 1.00B-37.5% | 1.60B-23.8% | |
| Share-based compensation | 723M-7.9% | 785M-10.6% | 878M-5.7% | 931M-42.6% | 1.62B+0.8% | |
| Deferred income taxes | -60.0M+71.2% | -208M-128.6% | -91.0M+87.3% | -717M-224.4% | -221M-17.6% | |
| Change in receivables | 7.02B+442.2% | 1.29B+143.5% | -2.98B-2534.5% | -113M-105.2% | 2.19B+453.8% | |
| Change in inventory | 3.99B+13.4% | 3.52B+460.5% | -975M-11.4% | -875M-134.8% | 2.51B+934.6% | |
| Change in payables | 12.7B+643.7% | 1.70B+442.0% | -498M+94.2% | -8.55B-248.8% | 5.74B+259.3% | |
| -2.06B+7.2% | -2.21B+20.4% | -2.78B+8.0% | -3.02B-331.5% | 1.31B+383.9% | ||
| Capital expenditure | 2.63B-0.7% | 2.65B-3.8% | 2.76B-8.2% | 3.00B+7.4% | 2.80B+34.3% | |
| Free cash flow | 8.55B+357.6% | 1.87B-68.4% | 5.92B+953.4% | 562M-92.5% | 7.51B-19.5% | |
| Acquisitions | 84.0M | 0.00-100.0% | 126M+80.0% | 70.0M+337.5% | 16.0M+100.7% | |
| Purchases of investments | 197M+57.6% | 125M-27.3% | 172M+59.3% | 108M-73.9% | 414M+22.5% | |
| Sales/maturities of investments | 246M-35.6% | 382M+69.0% | 226M+94.8% | 116M-77.4% | 513M+203.6% | |
| Other investing activities | -80.0M+55.6% | -180M-300.0% | -45.0M-9.8% | -41.0M+33.9% | -62.0M-121.4% | |
| -1.46B+74.8% | -5.82B+18.0% | -7.09B-336.6% | -1.63B+90.2% | -16.6B-179.1% | ||
| Long-term debt issued | 15.0B+62.1% | 9.26B+19.1% | 7.78B-37.7% | 12.5B-38.9% | 20.4B+24.6% | |
| Long-term debt repaid | 8.52B-19.4% | 10.6B-6.0% | 11.2B+14.5% | 9.82B-63.2% | 26.7B+27.7% | |
| Common stock issued | 5.00M+400.0% | 1.00M-90.0% | 10.0M | 0.00 | 0.00 | |
| Common stock repurchased | 6.01B+132.4% | 2.59B+24.4% | 2.08B-27.9% | 2.88B+92.7% | 1.50B+520.7% | |
| Dividends paid | 1.46B+14.4% | 1.27B+18.9% | 1.07B+11.2% | 964M | 0.00 | |
| Other financing activities | -88.0M-37.5% | -64.0M+41.3% | -109M-179.5% | -39.0M+97.4% | -1.51B-461.1% | |
| FX effect on cash | — | — | -186M-78.8% | -104M+1.9% | -106M-394.4% | |
| Net change in cash | — | — | -1.39B-16.8% | -1.19B+76.7% | -5.10B-201.4% | |
| Interest paid | 1.35B+3.8% | 1.30B-9.3% | 1.44B+23.0% | 1.17B-35.9% | 1.82B-19.9% | |
| Income taxes paid | 1.26B+127.2% | 555M-59.8% | 1.38B+14.2% | 1.21B-3.9% | 1.26B-11.5% | |
| Valuation Ratios | as ofJan 30 ’26 | as ofJan 31 ’25 | as ofFeb 2 ’24 | as ofFeb 3 ’23 | as ofJan 28 ’22 | |
| Market cap | 74.6B+3.5% | 72.1B+18.5% | 60.9B+101.2% | 30.2B-29.0% | 42.6B+53.0% | |
| P/E | 12.6×-19.9% | 15.7×-12.6% | 18.0×+45.0% | 12.4×+61.8% | 7.7×-10.6% | |
| P/S | 0.7×-12.9% | 0.8×+9.6% | 0.7×+132.8% | 0.3×-29.7% | 0.4×+31.1% | |
| P/FCF | 8.7×-77.4% | 38.6×+275.3% | 10.3×-80.9% | 53.8×+849.4% | 5.7×+90.0% | |
| Earnings yield | 8.0%+24.9% | 6.4%+14.4% | 5.6%-31.1% | 8.1%-38.2% | 13.1%+11.8% | |
| FCF yield | 11.5%+342.2% | 2.6%-73.4% | 9.7%+423.5% | 1.9%-89.5% | 17.6%-47.4% | |
| Dividend yield | 1.8%+6.8% | 1.7%+0.2% | 1.7%-45.1% | 3.1% | — | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: DELL’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all DELL filings on SEC EDGAR → Not investment advice.