DEII.pdf - Adobe Acrobat Reader DC File Edit View Sign Window Help Home Tools & Table of Contents DEll.pdf x 90 / 233 DELL TECHNOLOGIES INC. CONSOLIDATED STATEMENTS OF INCOME (in millions, except per share amounts) D Find (7/10) balance sheet A 2 Sign In Search 'Delete Page' Export PDF Edit PDF Create PDF Comment Combine Files Organize Pages Compress PDF Redact Protect Fill & Sign Send for Comments More Tools Previous Next January 31, 2020 Net revenue: Products Services Total net revenue Cost of net revenue: Products Services $ 69,918 $ 70,707 $ 60,898 22,236 19,914 18,142 92,154 90,621 79,040 54,525 57,889 51,433 8,696 7,679 7,070 Total cost of net revenue 63,221 65,568 58,503 Gross margin 28,933 25,053 20,537 Operating expenses: Selling, general, and administrative 21,319 20,640 18,569 Research and development 4,992 4,604 4,384 Total operating expenses 26,311 25,244 22,953 Operating income (loss) 2,622 (191) (2,416) Interest and other, net (2,626) (2,170) (2,353) Loss before income taxes (4) (2,361) (4,769) Income tax benefit (5,533) (180) (1,843) Net income (loss) 5,529 (2,181) (2,926) Less: Net income (loss) attributable to non-controlling interests Net income (loss) attributable to Dell Technologies Inc. 913 129 (77) $ 4,616 $ (2,310) $ (2,849) Earnings (loss) per share attributable to Dell Technologies Inc. - basic: Dell Technologies Common Stock $ 6.38 Class V Common Stock $ DHI Group 6.01 $ (6.02) $ 1.63 (5.61) Earnings (loss) per share attributable to Dell Technologies Inc. - diluted: Dell Technologies Common Stock $ 6.03 Class V Common Stock $ 5.91 $ 1.61 DHI Group $ (6.04) $ (5.62) The accompanying notes are an integral part of these Consolidated Financial Statements. 90 Convert, edit and e-sign PDF forms & agreements