# Dell Technologies Inc. (DELL) FY2026 Annual P&L / Income Statement

- Company: Dell Technologies Inc. (DELL)
- Period: 2025-02-01 to 2026-01-30
- Filing: FY2026 10-K, filed 2026-03-16, accession number 0001571996-26-000008
- Page: https://plicit.ai/financials/dell/fy2026-annual-income-statement
- Chart image: https://plicit.ai/charts/dell-fy2026-annual-income-statement-sankey.png

## Chart details: Revenue by Product and Service

Income statement for 2025-02-01 through 2026-01-30. View: Product and service. Revenue and costs use their disclosed categories.

- **Total net revenue**: 113,538,000,000 US dollars
- **Total cost of net revenue**: 90,831,000,000 US dollars
- **Gross margin**: 22,707,000,000 US dollars
- **Total operating expenses**: 14,558,000,000 US dollars
- **Operating income**: 8,149,000,000 US dollars
- **Interest and other, net**: negative 886,000,000 US dollars
- **Income before income taxes**: 7,263,000,000 US dollars
- **Income tax expense**: 1,327,000,000 US dollars
- **Net income**: 5,936,000,000 US dollars
- **Products revenue**: 90,405,000,000 US dollars
- **Services revenue**: 23,133,000,000 US dollars
- **Products cost of revenue**: 78,057,000,000 US dollars
- **Services cost of revenue**: 12,774,000,000 US dollars
- **Research and development**: 3,142,000,000 US dollars
- **Selling, general, and administrative**: 11,416,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Geography

- Page: https://plicit.ai/financials/dell/fy2026-annual-income-statement/revenue-by-geography
- Chart image: https://plicit.ai/charts/dell-fy2026-annual-revenue-by-geography-sankey.png

Income statement for 2025-02-01 through 2026-01-30. View: Geography. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total net revenue**: 113,538,000,000 US dollars
- **Total cost of net revenue**: 90,831,000,000 US dollars
- **Gross margin**: 22,707,000,000 US dollars
- **Total operating expenses**: 14,558,000,000 US dollars
- **Operating income**: 8,149,000,000 US dollars
- **Interest and other, net**: negative 886,000,000 US dollars
- **Income before income taxes**: 7,263,000,000 US dollars
- **Income tax expense**: 1,327,000,000 US dollars
- **Net income**: 5,936,000,000 US dollars
- **UNITED STATES**: 63,140,000,000 US dollars
- **Foreign countries**: 50,398,000,000 US dollars
- **Research and development**: 3,142,000,000 US dollars
- **Selling, general, and administrative**: 11,416,000,000 US dollars

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.

## Chart details: Revenue by Business Segment

- Page: https://plicit.ai/financials/dell/fy2026-annual-income-statement/revenue-by-business-segment
- Chart image: https://plicit.ai/charts/dell-fy2026-annual-revenue-by-business-segment-sankey.png

Income statement for 2025-02-01 through 2026-01-30. View: Business segment. Revenue uses this breakdown; costs and expenses retain the consolidated categories.

- **Total net revenue**: 113,538,000,000 US dollars
- **Total cost of net revenue**: 90,831,000,000 US dollars
- **Gross margin**: 22,707,000,000 US dollars
- **Total operating expenses**: 14,558,000,000 US dollars
- **Operating income**: 8,149,000,000 US dollars
- **Interest and other, net**: negative 886,000,000 US dollars
- **Income before income taxes**: 7,263,000,000 US dollars
- **Income tax expense**: 1,327,000,000 US dollars
- **Net income**: 5,936,000,000 US dollars
- **Infrastructure Solutions Group**: 60,826,000,000 US dollars
- **Client Solutions Group**: 50,984,000,000 US dollars
- **Research and development**: 3,142,000,000 US dollars
- **Selling, general, and administrative**: 11,416,000,000 US dollars
- **Revenue before reconciliation (calculated)**: 111,810,000,000 US dollars. Sum of the reported revenue categories before the separately reported reconciliation.
- **Corporate and other**: 1,728,000,000 US dollars. Reported reconciliation to consolidated revenue.
- **Infrastructure Solutions Group costs (calculated)**: 53,715,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Client Solutions Group costs (calculated)**: 48,151,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.
- **Reconciling items (calculated)**: 3,523,000,000 US dollars. Segment revenue less segment operating income; it includes cost of revenue and operating expenses.

### Chart connections

- Revenue less cost of revenue equals gross profit; gross profit less operating expenses equals operating income.
- Operating income plus other income or expense equals income before tax. Income before tax less income tax expense or benefit equals net income.
- Reported revenue categories plus the separately reported signed reconciliation equals consolidated revenue.