Dell Technologies Inc. (DELL) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Dell Technologies Inc. surfaced in its latest filing.

• As of January 30, 2026, goodwill and intangible assets, net had a combined carrying value of $24.1 billion, representing approximately 24% of total consolidated assets.January 30, 2026
• As of January 30, 2026, the company and its subsidiaries had approximately $31.5 billion of indebtedness, with the ability to incur up to $5.0 billion of short-term indebtedness under a commercial paper program and up to $5.9 billion under a revolving credit facility.January 30, 2026
• Michael Dell and the Susan Lieberman Dell Separate Property Trust and certain Silver Lake Partners affiliated funds collectively held approximately 91.7% of total voting power as of March 9, 2026.March 9, 2026
• MD stockholders and SLP stockholders collectively beneficially owned 53.8% of outstanding common stock as of March 9, 2026.March 9, 2026
• From January 31, 2026 to March 9, 2026, SLP stockholders converted approximately 1 million shares of Class B Common Stock into Class C Common Stock.January 31, 2026 to March 9, 2026
• As of January 30, 2026, 22 million shares of Class C Common Stock issuable upon exercise, vesting, or settlement of outstanding stock options, RSUs, or DSUs would be eligible for sale upon issuance, subject to Rule 144.January 30, 2026
• Sales outside the United States accounted for approximately 45% of consolidated net revenue for Fiscal 2026.Fiscal 2026