Dell Technologies Inc. logo DELL - Dell Technologies Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY 0
BUY 25
HOLD 15
SELL 3
STRONG
SELL 0
| PRICE TARGET: $228.88 DETAILS
HIGH: $300.00
LOW: $148.00
MEDIAN: $229.00
CONSENSUS: $228.88
DOWNSIDE: 22.47%
Annual Quarterly
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2015 2014
Revenue
Revenue 113,538 95,567 88,425 102,301 101,197 86,670 84,815 90,621 79,040 62,164 53,979 56,377
Cost of Revenue 90,831 74,317 67,356 79,615 79,306 66,530 64,176 65,568 58,503 48,515 45,240 46,892
Gross Profit 22,707 21,250 21,069 22,686 21,891 20,140 20,639 25,053 20,537 13,649 8,739 9,485
Operating Expenses
R&D Expenses 3,142 3,061 2,801 2,779 2,577 2,455 2,454 4,604 4,384 2,636 920 1,273
SG&A Expenses 11,119 11,952 12,335 13,773 14,557 14,000 15,819 20,640 18,569 13,403 8,272 8,906
Other Expenses 0 0 522 363 98 0 0 0 0 0 0 586
Operating Expenses 14,261 15,013 15,658 16,915 17,232 16,455 18,273 25,244 22,953 16,039 9,187 10,765
Operating Income
Operating Income 8,446 6,237 5,411 5,771 4,659 3,685 2,366 (191) (2,416) (2,390) (448) (1,280)
Interest Expense 1,560 1,414 1,501 1,281 1,542 2,052 2,396 2,619 2,519 1,796 807 351
Interest Income 279 160 329 100 62 148 99 313 207 102 47 0
Profitability
EBITDA 11,852 9,585 8,891 7,662 12,016 9,788 8,488 8,004 6,384 2,591 2,569 1,108
EBIT 8,823 6,462 5,588 4,506 7,465 4,398 2,345 258 (2,250) (2,347) (408) (644)
Income Before Tax 7,263 5,048 4,087 3,225 5,923 2,346 (51) (2,361) (4,769) (4,494) (1,215) (1,682)
Income Tax Expense 1,327 472 715 803 981 101 (572) (180) (1,843) (1,420) (107) 23
Net Income 5,936 4,592 3,388 2,442 5,563 3,250 4,616 (2,310) (2,849) (1,167) (1,221) (1,705)
Per Share Data
EPS (Basic) 8.96 6.51 4.71 3.33 7.30 4.37 6.38 -2.96 -3.70 -1.62 -1.55 -4.22
EPS (Diluted) 8.68 6.38 4.60 3.24 7.02 4.22 6.03 -2.96 -3.70 -1.62 -1.70 -4.22
Shares Outstanding 662.7 696.1 736 734 762 744 724 719 770 718.4 718.4 403.9
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017
Current Assets
Cash & Cash Equivalents 11,528 3,633 7,366 8,607 9,477 9,508 9,302 9,676 13,942 9,474
Short-Term Investments 0 0 0 0 0 0 0 0 2,187 1,975
Net Receivables 26,043 15,602 13,986 18,141 18,132 15,994 17,379 16,769 15,640 12,642
Inventory 10,437 6,716 3,622 4,776 5,898 3,403 3,281 3,649 2,678 2,538
Other Current Assets 9,594 10,278 11,010 10,827 11,526 14,662 6,906 6,044 5,881 4,144
Total Current Assets 57,602 36,229 35,984 42,351 45,033 43,567 36,868 36,138 40,328 30,773
Non-Current Assets
Property, Plant & Equipment 6,676 6,336 6,432 6,209 5,415 4,833 7,835 5,259 5,390 5,653
Goodwill 19,547 19,120 19,700 19,676 19,770 20,028 41,691 40,089 39,920 38,910
Intangible Assets 4,533 4,988 5,701 6,468 7,461 9,115 18,107 22,270 28,265 35,053
Long-Term Investments 1,730 1,496 1,316 1,518 1,839 1,334 864 1,005 4,163 3,802
Other Non-Current Assets 11,198 11,577 12,993 13,389 13,217 38,308 7,536 6,405 6,127 4,015
Total Non-Current Assets 43,684 43,517 46,142 47,260 47,702 79,848 81,993 75,682 83,865 87,433
Total Assets 101,286 79,746 82,126 89,611 92,735 123,415 118,861 111,820 124,193 118,206
Current Liabilities
Account Payables 33,630 20,832 19,226 18,598 27,143 21,572 20,065 19,213 18,334 14,422
Short-Term Debt 7,990 5,204 6,982 6,573 5,823 6,357 7,737 4,320 7,873 6,329
Deferred Revenue 13,334 13,673 15,318 15,542 14,261 13,201 14,881 12,944 11,606 10,265
Other Current Liabilities 8,315 221 0 0 0 3,939 5,846 5,535 6,430 5,771
Total Current Liabilities 63,269 46,527 48,354 51,654 56,219 54,132 52,456 44,972 45,839 38,135
Non-Current Liabilities
Long-Term Debt 23,513 19,363 19,012 23,015 21,131 32,865 44,319 49,201 43,998 43,061
Deferred Tax Liabilities 0 0 0 0 0 2,173 3,110 5,527 6,110 8,607
Other Non-Current Liabilities 3,378 2,951 3,065 3,223 3,653 12,042 913 800 1,167 732
Total Non-Current Liabilities 40,487 34,606 35,904 40,982 38,096 61,258 62,621 66,594 60,485 60,831
Total Liabilities 103,756 81,133 84,258 92,636 94,315 115,390 115,077 111,566 106,324 98,966
Stockholders' Equity
Common Stock 9,457 9,119 8,926 8,424 7,898 16,849 16,091 16,114 19,889 20,199
Retained Earnings 3,325 (1,160) (4,453) (6,732) (8,188) (13,751) (16,891) (21,349) (6,860) (5,609)
Accumulated Other Comprehensive Income (719) (939) (800) (1,001) (431) (314) (709) (467) 130 (595)
Total Stockholders' Equity (2,470) (1,482) (2,227) (3,122) (1,685) 2,951 (945) (4,569) 12,103 13,474
Total Liabilities & Equity 101,286 79,746 82,126 89,611 92,735 123,415 118,861 111,820 124,193 118,206
Debt Metrics
Total Debt 31,503 24,567 25,994 29,588 26,954 41,445 53,848 53,521 51,871 49,390
Net Debt 19,975 20,934 18,628 20,981 17,477 31,937 44,546 43,845 37,929 39,916
Metric 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017
Operating Activities
Net Income 5,936 4,576 3,372 2,422 5,707 3,505 5,529 (2,181) (2,926) (1,158)
Depreciation & Amortization 3,029 3,123 3,303 3,156 4,551 5,390 6,143 7,746 8,634 4,727
Stock-Based Compensation 723 785 878 931 1,622 1,609 1,262 918 835 398
Change in Working Capital 843 (4,208) 605 (3,188) 1,922 1,390 1,758 1,083 2,151 1,845
Other Non-Cash Items 714 453 609 961 (3,130) (88) 938 756 754 (1,604)
Operating Cash Flow 11,185 4,521 8,676 3,565 10,307 11,407 9,291 6,991 6,843 2,309
Investing Activities
Capital Expenditure (2,633) (2,652) (2,756) (3,003) (2,796) (2,082) (2,587) (1,497) (1,212) (906)
Acquisitions 449 0 (126) (70) 3,941 1,763 (2,466) (760) (658) (30,736)
Purchases of Investments (197) (125) (172) (108) (414) (338) (181) (925) (4,389) (778)
Sales/Maturities of Investments 246 382 226 116 513 169 497 6,612 3,878 1,173
Other Investing Activities 80 180 45 41 62 28 51 30 30 (13)
Investing Cash Flow (2,055) (2,215) (2,783) (3,024) 1,306 (460) (4,686) 3,389 (2,875) (31,236)
Financing Activities
Net Debt Issuance 6,482 (1,312) (3,471) 2,654 (6,298) (4,528) (1,636) 1,594 2,157 29,897
Stock Repurchased (6,014) (3,165) (2,452) (3,281) (1,838) (1,604) (3,555) (14,490) (1,832) (1,415)
Dividends Paid (1,459) (1,275) (1,072) (964) 0 0 0 (2,134) 0 0
Other Financing Activities (478) (64) (109) (39) (8,807) (270) (620) (104) (432) (430)
Financing Cash Flow (1,464) (5,815) (7,094) (1,625) (16,609) (5,950) (4,604) (14,329) 403 31,821
Cash Position
Net Change in Cash 7,887 (3,688) (1,387) (1,188) (5,102) 5,033 (89) (4,138) 4,546 2,940
Cash at Beginning 3,819 7,507 8,894 10,082 15,184 10,151 10,240 14,378 9,832 6,892
Cash at End 11,706 3,819 7,507 8,894 10,082 15,184 10,151 10,240 14,378 9,832
Free Cash Flow 8,552 1,869 5,920 562 7,511 9,325 6,704 5,494 5,262 1,461
Key Metrics 2026 2025 2024 2023 2022 2021 2020 2019 2018 2017 2015 2014
Income Statement
Revenue 113,538 95,567 88,425 102,301 101,197 86,670 84,815 90,621 79,040 62,164 53,979 56,377
Gross Profit 22,707 21,250 21,069 22,686 21,891 20,140 20,639 25,053 20,537 13,649 8,739 9,485
Operating Income 8,446 6,237 5,411 5,771 4,659 3,685 2,366 (191) (2,416) (2,390) (448) (1,280)
Net Income 5,936 4,592 3,388 2,442 5,563 3,250 4,616 (2,310) (2,849) (1,167) (1,221) (1,705)
EPS (Diluted) 8.68 6.38 4.60 3.24 7.02 4.22 6.03 -2.96 -3.70 -1.62 -1.70 -4.22
Balance Sheet
Cash & Equivalents 11,528 3,633 7,366 8,607 9,477 9,508 9,302 9,676 13,942 9,474
Total Assets 101,286 79,746 82,126 89,611 92,735 123,415 118,861 111,820 124,193 118,206
Total Debt 31,503 24,567 25,994 29,588 26,954 41,445 53,848 53,521 51,871 49,390
Stockholders' Equity (2,470) (1,482) (2,227) (3,122) (1,685) 2,951 (945) (4,569) 12,103 13,474
Cash Flow
Operating Cash Flow 11,185 4,521 8,676 3,565 10,307 11,407 9,291 6,991 6,843 2,309
Capital Expenditure (2,633) (2,652) (2,756) (3,003) (2,796) (2,082) (2,587) (1,497) (1,212) (906)
Free Cash Flow 8,552 1,869 5,920 562 7,511 9,325 6,704 5,494 5,262 1,461