Dell TechnologiesDELLEarnings & Financial Report
Dell Technologies Inc. is an American multinational technology company that has been headquartered in Round Rock, Texas since 1994. It was formed as a result of the September 2016 merger of Dell and EMC Corporation.
Revenue
$22.3B
Gross Profit
$5.1B
Operating Profit
$1.5B
Net Profit
$1.0B
Gross Margin
23.1%
Operating Margin
6.7%
Net Margin
4.5%
YoY Growth
-10.0%
EPS
$1.36
Financial Flow
Dell Technologies Q4 2023 Financial Summary
Dell Technologies reported revenue of $22.3B for Q4 2023, with a net profit of $1.0B (4.5% margin). Cost of goods sold was $17.1B, operating expenses totaled $3.7B.
Key Financial Metrics
| Total Revenue | $22.3B |
|---|---|
| Net Profit | $1.0B |
| Gross Margin | 23.1% |
| Operating Margin | 6.7% |
| Report Period | Q4 2023 |
Dell Technologies Annual Revenue by Year
Dell Technologies annual revenue history includes year-by-year totals (for example, 2025 revenue was $101.5B).
| Year | Annual Revenue |
|---|---|
| 2025 | $101.5B |
| 2024 | $94.0B |
| 2023 | $91.1B |
| 2022 | $105.3B |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $25.03B | $24.37B | $23.93B | $23.38B | $29.78B | $24.37B | $23.38B | $27.00B |
| YoY Growth | 9.1% | 9.5% | 7.2% | 5.1% | 19.0% | 9.5% | 5.1% | 10.8% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $82.69B | $81.95B | $79.75B | $86.87B | $89.18B | $81.95B | $86.87B | $87.48B |
| Liabilities | $85.48B | $84.14B | $81.13B | $89.89B | $91.94B | $84.14B | $89.89B | $90.10B |
| Equity | $-2.89B | $-2.29B | $-1.48B | $-3.02B | $-2.77B | $-2.29B | $-3.02B | $-2.62B |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q2 2026 | Q3 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $1.34B | $1.55B | $585.0M | $2.80B | $2.54B | $1.55B | $2.80B | $1.17B |
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