How Dell Technologies (DELL) Makes Money: A Visual Guide

Dell Technologies (DELL) generated $113.54B in revenue (TTM through Q1 2026), earning $5.94B in net profit (5.2% margin). Its largest revenue source is Other Segments (98.2% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Dell Technologies (DELL) Income Statement Flow

Frequently asked questions

How does Dell Technologies (DELL) make money?

Dell Technologies (DELL) primarily makes money through Other Segments, which accounts for 98.2% of total revenue. For TTM through Q1 2026, Dell Technologies generated $113.54B in total revenue with a net profit margin of 5.2%.

What is Dell Technologies (DELL) gross profit margin?

Dell Technologies (DELL) reported a gross profit margin of 20.1% for TTM through Q1 2026, equivalent to $22.83B in gross profit. This means Dell Technologies retains 20.1% of each revenue unit after direct costs of production.

What is Dell Technologies (DELL) operating profit margin?

Dell Technologies (DELL) reported an operating profit margin of 7.2% for TTM through Q1 2026, equivalent to $8.15B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Dell Technologies (DELL) net profit margin?

Dell Technologies (DELL) reported a net profit margin of 5.2% for TTM through Q1 2026, equivalent to $5.94B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Dell Technologies (DELL) invest in R&D?

Dell Technologies (DELL) invested $3.14B in research and development in TTM through Q1 2026 (2.8% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does Dell Technologies (DELL) spend on capital expenditures?

Dell Technologies (DELL) spent $2.63B on capital expenditures in TTM through Q1 2026 (2.3% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Dell Technologies (DELL) free cash flow?

Dell Technologies (DELL) generated $8.55B in free cash flow for TTM through Q1 2026 (7.5% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Dell Technologies (DELL) effective tax rate?

Dell Technologies (DELL) had an effective tax rate of 18.3% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

About this data

What is a Sankey diagram?
A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?
We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?
Based on company filings through TTM through Q1 2026.