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Dell Technologies DELL United States — Total net revenue

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Other financials

Income statement

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Revenue$43.8B+87.5%
Gross profit$7.8B+57.6%
Operating income$3.7B+214%
Net income$3.4B+256%
EPS (diluted)$5.24+282%

Balance sheet

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Cash & equivalents$11.6B+50.4%
Total debt$31.9B+7.9%
Total equity-$1.4B+53.6%
Total assets$114.91B+32.3%

Cash flow

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Operating cash flow$4.1B+46.0%
CapEx$963.0M+69.5%
Free cash flow$3.1B+39.9%

Valuation

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Market cap$253.35B+164%
Enterprise value$273.68B+131%
P/E30.1×+9.1×
P/S1.9×+0.9×

Profitability

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Gross margin19.1%-3.0pp
Operating margin7.9%+1.3pp
Net margin6.3%+1.6pp
FCF margin7%+3.1pp

Returns & leverage

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Return on equity138%—
Debt / equity5.6×—
Current ratio0.9×+0.1×

Where this comes from

Reported directly by Dell Technologies in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The official record: Dell Technologies’s 10-K, filed March 16, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Dell Technologies's united states — total net revenue?
Dell Technologies (DELL) reported united states — total net revenue of $15.79B in Q4 2025.
How has Dell Technologies's united states — total net revenue changed year-over-year?
Dell Technologies's united states — total net revenue increased by 23.8% year-over-year, from $12.75B to $15.79B.
What is the long-term trend for Dell Technologies's united states — total net revenue?
Over 4 years (2022 to 2026), Dell Technologies's united states — total net revenue has grown at a 7.8% compound annual growth rate (CAGR), from $46.75B to $63.14B.
What does united states — total net revenue mean?
This metric represents the total gross sales generated from products and services within the United States geographic segment after accounting for returns, allowances, and discounts. It serves as a primary indicator of market penetration and demand for the company's hardware and technology solutions in its largest domestic market.