v3.25.1
CONDENSED CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Millions
3 Months Ended
May 02, 2025
May 03, 2024
Net revenue:    
Total net revenue $ 23,378 $ 22,244
Cost of net revenue:    
Total cost of net revenue 18,441 17,393
Gross margin 4,937 4,851
Operating expenses:    
Selling, general, and administrative 2,964 3,123
Research and development 808 763
Total operating expenses 3,772 3,886
Operating income 1,165 965
Interest and other, net (82) (373)
Income before income taxes 1,083 592
Income tax expense (benefit) 118 (400)
Net income 965 992
Less: Net loss attributable to non-controlling interests 0 (5)
Net income attributable to Dell Technologies Inc. $ 965 $ 997
Earnings per share attributable to Dell Technologies Inc.    
Basic (in dollars per share) $ 1.39 $ 1.41
Diluted (in dollars per share) $ 1.37 $ 1.37
Products    
Net revenue:    
Total net revenue $ 17,599 $ 16,127
Cost of net revenue:    
Total cost of net revenue 15,116 13,721
Services    
Net revenue:    
Total net revenue 5,779 6,117
Cost of net revenue:    
Total cost of net revenue $ 3,325 $ 3,672