Dell Technologies Inc. FY 2026 10-K, explained in plain English
Key financials — as reported
| Total revenue | $113.5B |
| Gross margin | 20.0% |
| Operating income | $8.1B |
| Net income | $5.9B |
| Diluted EPS | $8.68 |
| Cash & equivalents | $11.5B |
| Total assets | $101.3B |
| Long-term debt | $31.5B |
Key takeaway
Fiscal 2026 revenue growth was driven by significant demand for AI-optimized servers and strong traditional servers, networking, and commercial PC demand.
🔒 4 more takeaways in the full analysis
Beneath the surface
Despite $11.5 billion in cash, total debt of $31.8 billion leaves Dell with meaningful net debt of roughly $20 billion, a leverage position not obvious from the cash figure alone.
🔒 4 more insights a headline reader would miss
This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for DELL.
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