DELL

Dell Technologies Inc.

Ticker: DELLTechnologyComputer HardwareS&P 500
HQ ROUND ROCK, TXCIK 1571996FY end 01-29Book / share $-2.18Shares 654M
Revenue (FY)
$113.54B+18.80%
TTM $151.20B
Op. margin
7.18%+0.65%
TTM 9.43%
Net income
$5.94B+29.72%
TTM $11.38B
Operating cash
$11.19B+147.40%
TTM $12.15B
Free cash flow
$8.55B+357.57%
TTM $8.56B
Return on equity
-240.32%+69.53%
TTM -797.34%
Debt / equity
-12.75+3.82%
TTM -24.15
Shares outstanding
684.0M-5.00%
TTM 654.0M

The business

Dell Technologies Inc. (NYSE: DELL) operates as a global leader in technology solutions, serving customers across more than 170 countries with a comprehensive portfolio spanning client devices, infrastructure systems, and software offerings. The company maintains its principal website at www.dell.com.

The company operates through two primary business segments: the Infrastructure Solutions Group and the Client Solutions Group. The Infrastructure Solutions Group provides AI-optimized servers, traditional servers and networking solutions, and storage offerings designed for multicloud environments, data analytics, and artificial intelligence workloads. This segment generates approximately 65 percent of revenue, with the remainder derived from Europe, Middle East, and Africa regions and Asia-Pacific and Japan. The Client Solutions Group offers branded personal computers including notebooks, desktops, and workstations, along with peripherals such as displays, docking stations, and audio devices, generating approximately 60 percent of revenue from the Americas.

Dell Technologies employs approximately 97,000 people globally and maintains manufacturing facilities in the United States, Malaysia, China, Brazil, India, Poland, and Ireland. The company also utilizes contract manufacturers worldwide to provide operational flexibility and enhance supply chain capabilities. The company holds a worldwide patent portfolio of 25,859 granted patents and 8,189 pending applications, with material trademarks including Dell Technologies, DELL, and Alienware.

The company's business model emphasizes direct sales relationships complemented by a global network of channel partners, which generated approximately 40 percent of net revenue during the most recent fiscal year. Dell Technologies offers customers flexible acquisition options including utility, subscription, as-a-Service, leases, loans, and immediate pay models through its Dell Payment Solutions portfolio. Dell Financial Services maintains a global portfolio of financing receivables supporting these offerings.

The company's competitive advantages include its end-to-end solutions portfolio, extensive direct sales force, global services footprint, and world-class supply chain operating at significant scale. Dell Technologies continues to invest substantially in research and development, with total R&D expenses of $3.1 billion annually, focusing on innovative solutions for artificial intelligence, cloud infrastructure, and digital transformation initiatives.

Sector
Technology
Industry
Computer Hardware
HQ
ROUND ROCK, TX
FY end
01-29
CIK
1571996
SIC
3571
Financial performance · annual
20172026
$-19.36B$27.16B$73.67B$120.19B$166.70B2017201820192020202120222023202420252026TTMTTMTTM

Ownership

Who holds Dell Technologies Inc. — across funds, superinvestors and bonds · N-PORT 2026Q2 · 13F 2026-06-30

899
funds hold it
0 of 35
superinvestors hold it
$30.86B
fund-held value
12.2%
of shares held by funds
28
bond issues held by funds

Top fund holders

Fund% of fundValue
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.17%$4.01B
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.19%$3.23B
iShares Core S&P 500 ETF
IVV · iShares Trust
0.19%$1.72B
JPMorgan Large Cap Growth Fund
SEEGX · JPMorgan Trust II
1.38%$1.68B
Fidelity 500 Index Fund
FXAIX · Fidelity Concord Street Trust
0.19%$1.60B

Bonds held by funds

Funds report holding 28 issues of Dell Technologies Inc.'s debt, $1.24B at fund-held market value — what funds hold, not the company's debt outstanding. Weighted-average coupon 5.21%, maturing 20262051.

IssueCouponMaturesFundsFund-held
Dell International LLC / EMC Corp5.100%2036-02-1547$109.81M
Dell International LLC/EMC Corp.4.900%2026-10-0123$104.43M
Dell International LLC / EMC Corp5.300%2029-10-0142$97.75M
Dell International LLC / EMC Corp5.000%2030-04-0140$90.09M
Dell International LLC / EMC Corp4.500%2031-02-1553$88.71M
Dell International LLC / EMC Corp4.150%2029-02-1538$65.18M
Dell International LLC / EMC Corp5.300%2032-04-0143$63.77M
Dell International LLC / EMC Corp4.750%2032-10-0635$62.44M
Dell International LLC / EMC Corp4.750%2028-04-0159$61.51M
Dell International LLC / EMC Corp4.850%2035-02-0133$52.76M

The 10 largest by fund-held value, of 28.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

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15 years of Dell Technologies Inc.'s financials

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