secwatch.observer — SEC 8-K summary
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Issuer:     Dell Technologies Inc. (DELL)
CIK:        0001571996
Form:       8-K
Filed at:   2025-02-27T23:59:59+00:00
Accession:  0001571996-25-000014
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dell FY25 revenue $95.6B (+8% YoY), record EPS $6.38; discloses material weakness in controls
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- Full-year GAAP EPS $6.38 (record, +39% YoY); non-GAAP EPS $8.14 (+10%). Revenue $95.6B (+8%).
- Q4 revenue $23.9B (+7%); ISG revenue $11.4B (+22%), servers/networking +37%, storage +5%.
- AI server backlog ~$9B; cash from ops $4.5B; dividend raised 18% to $2.10; $10B buyback auth.
- Material weakness: COGS overstated $200M in FY24, $148M in FY25 (9 mo) due to supplier credit errors.
- FY26 guidance: rev $101-105B (midpoint +8%); GAAP EPS $7.85 (+23%); non-GAAP EPS $9.30 (+14%).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571996/000157199625000014/0001571996-25-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571996/000157199625000014/dell-20250227.htm
  HTML page:      https://secwatch.observer/filing/0001571996-25-000014

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