Compiled 2026-09-26Data through 2026-01-302 min read
Dated source-based research · No live market data

Executive summary

Annual revenue of USD 113.538 billion and net income of USD 5.936 billion for the period ended 2026-01-30. This is a structured data brief from filed financial statements, not an independently audited investment opinion.

Business and industry context

Dell Technologies Inc. is an SEC-reporting issuer listed on NYSE under DELL. Its SEC industry description is Electronic Computers. This profile organizes annual financial disclosures for research; sector labels are editorial groupings, not GICS classifications. Product cycles, recurring software revenue and infrastructure investment shape this broad group. Hardware and software businesses have different cost structures.

Financial evidence

The selected fiscal period runs from 2025-02-01 to 2026-01-30. Revenue was USD 113.538 billion; operating income was USD 8.149 billion; diluted EPS was USD 8.68 per share. Prior-period revenue was USD 95.567 billion. The reported revenue change was 18.80%. Comparisons are not adjusted for acquisitions, disposals, foreign exchange or fiscal-week differences.

Profitability and cash generation

Net margin, calculated as net income divided by revenue, was 5.23%. Operating cash flow was USD 11.185 billion; capital expenditure was USD 2.633 billion. Free cash flow (operating cash flow less purchases of property, plant and equipment) was USD 8.552 billion. Missing standard tags are not interpreted as zero. These measures may not be directly comparable between business models.

Balance-sheet context

Total assets were USD 101.286 billion, total liabilities USD 103.756 billion and reported shareholder equity USD -2.470 billion at the period end. Total liabilities include operating obligations and are not a measure of interest-bearing debt.

Valuation context

This release does not include a synchronized market-price dataset. Consequently, price-based multiples are not quoted. P/E requires a dated share price and a clearly identified EPS basis; P/S and P/B require consistently dated capitalization and accounting denominators. A multiple alone does not establish fair value.

Risks and uncertainties

Customer concentration, product transitions, export restrictions and the durability of capital spending. Standardized XBRL can omit custom-tag disclosures. Annual data cannot establish the direction of the latest quarter.

What to monitor

Revenue mix, research spending, inventory and cash conversion. Read subsequent quarterly filings, footnotes and accounting-policy changes before interpreting these historical observations.

Methodology note

Source snapshots were collected on September 18, 2026. Values preserve reported currency and periods. This brief was compiled on September 26, 2026; the publication date is not a new source retrieval date.

Sources & dates