Pulling SEC filings + quote and writing the call…
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $61.6B | $79.0B | $90.6B | $84.8B | $86.7B | $101B | $102B | $88.4B | $95.6B | $114B |
| Revenue growth | — | 28.2% | 14.7% | -6.4% | 2.2% | 16.8% | 1.1% | -13.6% | 8.1% | 18.8% |
| Gross profit | $13.0B | $20.5B | $25.1B | $20.6B | $20.1B | $21.9B | $22.7B | $21.1B | $21.3B | $22.7B |
| Gross margin | 21.0% | 26.0% | 27.6% | 24.3% | 23.2% | 21.6% | 22.2% | 23.8% | 22.2% | 20.0% |
| Operating income | -$3.25B | -$2.42B | -$191M | $2.37B | $3.69B | $4.66B | $5.77B | $5.41B | $6.24B | $8.15B |
| Operating margin | -5.3% | -3.1% | -0.2% | 2.8% | 4.3% | 4.6% | 5.6% | 6.1% | 6.5% | 7.2% |
| Net income | -$1.67B | -$2.85B | -$2.31B | $4.62B | $3.25B | $5.56B | $2.44B | $3.39B | $4.59B | $5.94B |
| Net margin | -2.7% | -3.6% | -2.5% | 5.4% | 3.7% | 5.5% | 2.4% | 3.8% | 4.8% | 5.2% |
| EPS (diluted) | — | — | — | $6.03 | $4.22 | — | $3.24 | $4.60 | $6.38 | $8.68 |
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.31B | $6.84B | $6.99B | $9.29B | $11.4B | $10.3B | $3.56B | $8.68B | $4.52B | $11.2B |
| Capital expenditures | $699M | $1.21B | $1.50B | $2.58B | $2.08B | $2.80B | $3.00B | $2.76B | $2.65B | $2.63B |
| Free cash flow | $1.61B | $5.63B | $5.49B | $6.71B | $9.32B | $7.51B | $562M | $5.92B | $1.87B | $8.55B |
| Share buybacks | — | — | $14.1B | $8.00M | $241M | $1.50B | $2.88B | $2.08B | $2.59B | $6.01B |
| Dividends paid | — | $0.00 | $2.13B | $0.00 | $0.00 | $0.00 | $964M | $1.07B | $1.27B | $1.46B |
| Fiscal year | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $9.47B | $13.9B | $9.68B | $9.30B | $9.51B | $9.48B | $8.61B | $7.37B | $3.63B | $11.5B |
| Total assets | $118B | $124B | $112B | $119B | $123B | $92.7B | $89.6B | $82.1B | $79.7B | $101B |
| Total liabilities | $99.0B | $106B | $112B | $115B | $115B | $94.3B | $92.6B | $84.3B | $81.1B | $104B |
| Long-term debt | $43.1B | $44.0B | $49.2B | $44.3B | $32.9B | $21.1B | $23.0B | $19.0B | $19.4B | $23.5B |
| Shareholders' equity | $13.2B | $11.7B | -$5.76B | -$1.57B | $2.48B | -$1.69B | -$3.12B | -$2.23B | -$1.48B | -$2.47B |
| Retained earnings | -$5.61B | -$6.86B | -$21.3B | -$16.9B | -$13.8B | -$8.19B | -$6.73B | -$4.45B | -$1.16B | $3.33B |
| Shares (wtd avg diluted) | 778M | 769M | 719M | 751M | 767M | 791M | 753M | 736M | 720M | 684M |
Every figure is extracted from Dell Technologies Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.
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