Dell Technologies

Dell Technologies, Inc. is a holding company, which engages in the provision of information technology hardware, software, and service solutions through its subsidiaries. It operates through the following segments: Infrastructure Solutions Group (ISG), Client Solutions Group (CSG), and VMware. The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware. The CSG segment consists of sales to commercial and consumer customers of desktops, thin client products, and notebooks. The VMware segment provides compute, cloud management, networking and security, storage and availability, and other end-user computing offerings. The company was founded by Michael Saul Dell in 1984 and is headquartered in Round Rock, TX.

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

Earnings data Q2 2025

Earnings data Q3 2025

Dell reports resilient Q1 performance and focuses on cloud growth

Dell's Q1 performance showcased resilience in the face of challenges, with strong revenue, gross margins, and cash flow. The company's focus on innovation and cost management positions it well for future growth, despite softness in certain segments. Dell remains optimistic about opportunities in cloud services and expects improvement in demand as the year progresses.

Dell reports strong Q2 earnings, raises FY '24 revenue expectations

The earnings call provided insights into Dell's performance, market dynamics, and strategic focus on AI, storage, and capital allocation. The company's growth opportunities were discussed, along with its pricing discipline and focus on core profit pools across the market.

Dell reports solid Q3 performance, eyes growth in fiscal '25

Dell's Q3 performance was solid, driven by strong cash flow and AI-optimized server demand. While facing challenges in CSG revenue and ISG margin rates, the company is focused on capital return and anticipates growth opportunities in fiscal year '25.

Dell reports record FY '23 revenue and EPS, anticipates challenging FY '24 start

Dell Technologies delivered strong financial performance in FY '23, with record revenue and EPS. While facing challenges in Q4 and expecting a tough start to FY '24, Dell remains confident in its long-term market health. The company is focused on cost controls, innovation, and gaining share in core business segments.

Dell Technologies Q1 earnings resilient amidst soft storage demand

Dell Technologies navigated a challenging demand environment with a focus on cost management and innovation. While facing margin pressure from soft storage demand, the company aims for sequential growth and margin improvement. Share repurchases exceeded targets, and leadership changes were announced.

Dell Technologies surpasses Q2 expectations, eyes AI growth opportunities

Dell Technologies exceeded Q2 expectations with strong financial performance driven by AI solutions and robust server demand. Despite market challenges, Dell remains optimistic about growth in premium PC segments and opportunities in AI innovation. The company's strategic focus on AI, cost efficiency, and pricing discipline positions it well for future success.

Dell Technologies reports solid Q3 earnings amidst AI growth

Dell Technologies delivered strong financial results in Q3, with revenue of $22.3 billion and a focus on profit and cash flow amidst operational challenges.
The company showcased strengths in margin management, product mix optimization, and growth in key segments like AI-optimized servers and data protection.
While facing challenges such as supply chain constraints and margin pressures, Dell is well-positioned to capitalize on opportunities in AI, networking, and storage markets.
With a strategic focus on profitable growth, capital returns to shareholders, and market expansion, Dell aims to return to growth in FY '25 above its long-term financial framework.

Dell Technologies reports strong Q4 earnings, eyes AI growth

Dell Technologies is well-positioned for growth, with a focus on operational excellence and profitability. The company anticipates growth in ISG fueled by AI and modest growth in traditional servers. Dell's commitment to returning value to shareholders and optimism for the future highlight a positive outlook.

Dell Technologies reports strong Q1 earnings, eyes AI growth

Dell Technologies delivered a solid performance in Q1 with revenue growth driven by servers and commercial PCs. The company showcased strength in AI innovation and storage solutions.
Challenges lie in margin pressure from inflationary costs and increased server mix. However, opportunities in AI growth, commercial clients, and storage revenue improvement are on the horizon.
Overall, Dell's financial position remains robust, with positive guidance for FY '25 revenue and a focus on accelerating AI adoption. The company's engineering expertise and innovation momentum are key strengths.

Dell reports robust Q2 earnings, eyes AI opportunities for growth

Dell Technologies delivered a strong Q2 performance with revenue up 9% to $25 billion, driven by record servers and networking business.
Despite challenges in gross margin and storage revenue, the company's focus on AI, customer-centric approach, and cost management present opportunities for future growth.
Optimism surrounds AI and IT hardware refresh cycle, positioning Dell to leverage strengths, drive innovation, and capitalize on emerging market trends.
Transition in Investor Relations leadership and financial stability underscore Dell's commitment to adaptability and growth amidst evolving market dynamics.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

Dell Technologies, Inc. is a technology company, providing customers with a broad and innovative solution portfolio to help customers modernize their information technology (IT) infrastructure, address workforce transformation, and offer critical solutions that keep people and organizations connected. It operates through the following segments: Infrastructure Solutions Group (ISG) and Client Solutions Group (CSG). The ISG segment includes servers, networking, and storage, as well as services and third-party software and peripherals that are closely tied to the sale of ISG hardware. The CSG segment includes designs for commercial and consumer customers of desktops, thin client products, and notebooks. The company was founded by Michael Saul Dell in 1984 and is headquartered in Round Rock, TX.

Hewlett Packard

NCR Corporation

Several computer companies are attractive at the moment with their stocks still appearing to be undervalued despite the magnificent rally among tech stocks this year.

3 Zacks Computer & Technology Stocks to Buy for Value

Fintel reports that Silver Lake Group, L.L.C. has filed a 13D/A form with the SEC disclosing ownership of 90.77MM shares of Dell Technologies Inc – Class C (DELL). This represents 26.0% of the company.

Silver Lake Group, L.L.C. Now Owns 26% of Dell Technologies

Amazon

Cisco Systems

The Nasdaq index is up 30% on the year. However, there are still bargains to be found among the wide-ranging world of tech stocks.

The 3 Most Undervalued Tech Stocks to Buy Now

ROUND ROCK, Texas , June 29, 2023 /PRNewswire/ -- Dell Technologies Inc. ("Dell Technologies") (NYSE: DELL) today announced that, in connection with the previously announced cash tender offers (collectively, the "Offers") by Dell Inc., its wholly-owned subsidiary ("Dell"), for up to $1.0 billion aggregate principal amount (the "Aggregate Tender Cap") of the debt securities listed in the table below (collectively, the "Securities" and each referred to as a "series" of Securities) from each registered holder of Securities (individually, a "Holder," and collectively, the "Holders"), $2,089,943,000 in aggregate principal amount of the 6.020% Senior Notes due 2026 was validly tendered and not validly withdrawn at or prior to 5:00 p.m., New York City time, on June 29, 2023 (the "Early Tender Deadline"), in the aggregate amounts as shown in the table below.

Dell Technologies Announces Early Results for Cash Tender Offers for Certain Outstanding Debt Securities

ROUND ROCK, Texas , June 28, 2023 /PRNewswire/ -- Dell Technologies (NYSE: DELL) announces that it will host an "Ask the Experts" Q&A session on July 17 at 1:45 p.m. CT. Leaders from Dell Technologies will discuss current technology trends and how the company is innovating across its leading capabilities, with a focus on AI/ML, multicloud, edge, and Zero Trust.

Dell Technologies to Hold "Ask the Experts" Q&A

Dell Technologies NYSE: DELL have risen nearly 60% since the stock found a sensible bottom during the fourth quarter of 2022. The momentum in the stock's advance during this time could be seen as a 'forward looking' behavior in part of the broader markets, as the bottlenecks and demand issues in the overall personal computer industry began to clear up.

Dell Maintains Its Dividend Payout, Sign Of Better Things To Come

Dell Technologies presents a growth opportunity due to advancements in AI, particularly in the AI-optimized server market. The company's financials are mixed, but with conservative estimates of future revenue growth, it is a buy for long-term investors. The Client Solutions Group segment may continue to drag down profits, but the Infrastructure Solutions Group has potential to outperform with AI advancements.

Dell Technologies: A Solid Company Even With Conservative Estimates

Advanced Micro Devices

Intel

Lockheed Martin

Microsoft

Micron Technology

NVIDIA

Oracle

Seagate Technology Holdings PLC

Western Digital

AI's major bottleneck is a lack of computing power, with supercomputers needed for the training and testing of data. The amount of AI networks created and tested is set to increase exponentially over the next six years, with the computing power improving 250,000 times.

As AI Evolves, Which Stocks Make Sense? Kirk Spano With Ramy Taraboulsi

Alphabet

An erudite and thoughtful conversation about AI with Ramy Taraboulsi, CFA and Kirk Spano. Neural networks, hype and building something we don't understand.

AI Cannot Be Slowed Down - With Ramy Taraboulsi And Kirk Spano

Dell Technologies Inc. (NYSE:DELL ) Bank of America 2023 Global Technology Conference Call June 6, 2023 12:20 PM ET Company Participants Sam Burd - President of CSG Conference Call Participants Wamsi Mohan - Bank of America Wamsi Mohan Hi, everyone. Thank you for joining us here at the Bank of America Global Technology Conference.

Dell Technologies Inc. (DELL) Presents at Bank of America 2023 Global Technology Conference (Transcript)

Broadcom

Broadcom (AVGO) and Dell Technologies (DELL) are two notable technology companies that were able to beat earnings expectations last week. Both companies are also trending names in the landscape of artificial intelligence which has continued to gain steam.

Time to Buy Broadcom (AVGO) or Dell Technologies (DELL) Stock After Earnings

Analysts tripped over themselves raising their price targets on the tech hardware retailer. This followed a rather encouraging quarterly earnings report.

Why Dell Technologies Stock Rocketed 4% Higher on Friday

Dell Technologies' (DELL) first-quarter fiscal 2024 results continue to reflect sluggish PC demand, hurting Client Solutions Group business.

DELL Q1 Earnings Beat Estimates, Lower PC Sales Hurt Revenues

Computer hardware giant Dell Technologies NYSE: DELL exceeded Wall Street's expectations for its fiscal first quarter, driving a brief rise in Dell stock. The Texas-based company reported adjusted earnings of $1.31 per share on sales of $20.92 billion for the first quarter.

Dell Tops Q1 Estimates but Fails to Deliver on Guidance

Dell Technologies Inc. (NYSE:DELL ) Q1 2024 Earnings Conference Call June 1, 2023 4:30 PM ET Company Participants Rob Williams - Head of Investor Relations Chuck Whitten - Co-Chief Operating Officer Tom Sweet - Chief Financial Officer Yvonne McGill - Corporate Controller Jeff Clarke - Vice Chairman and Co-Chief Operating Officer Tyler Johnson - Senior Vice President & Treasurer Conference Call Participants Erik Woodring - Morgan Stanley Wamsi Mohan - Bank of America Amit Daryanani - Evercore Toni Sacconaghi - Bernstein Shannon Cross - Credit Suisse David Vogt - UBS Samik Chatterjee - JPMorgan Michael Ng - Goldman Sachs Simon Leopold - Raymond James Tim Long - Barclays Sidney Ho - Deutsche Bank Operator Good afternoon, and welcome to the Fiscal Year 2024 First Quarter Financial Results Conference Call for Dell Technologies Inc. I'd like to inform all participants this call is being recorded at the request of Dell Technologies. This broadcast is the copyrighted property of Dell Technologies Inc. Any rebroadcast of this information in whole or part without the prior written permission of Dell Technologies is prohibited.

Dell Technologies Inc. (DELL) Q1 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Dell Technologies (DELL) give a sense of how the business performed in the quarter ended April 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Compared to Estimates, Dell Technologies (DELL) Q1 Earnings: A Look at Key Metrics

The PC retailer published its latest set of quarterly results. Although it posted notable declines in key line items, it beat estimates on both the top and bottom lines.

Why Dell Technologies Stock Topped the Market on Thursday

Dell Technologies reported better-than-expected earnings for its fiscal first quarter, driven by slightly higher-than-anticipated revenue and significant cost reductions in previously scarce components. Reporting just before the bell after its 1Q numbers were released in error, the computer company delivered revenue of $20.9 billion, a 20% decrease compared to the previous year but ahead of analyst expectations of around $20.3 billion.

Dell Technologies beats expectations with strong 1Q amid supply chain challenges

Dell Technologies on Thursday smashed Wall Street's estimates for fiscal first-quarter sales and earnings. Dell stock jumped on the news.

Dell Technologies Crushes First-Quarter Earnings, Sales Targets

Dell Technologies Inc.'s revenue plunged in the fiscal first quarter by the largest percentage on record for the company, but the results still easily beat diminished expectations and sent shares higher in Thursday trading.

Dell stock jumps after early earnings release shows largest sales decline on record, but still beats expectations

News summary First quarter revenue of $20.9 billion Operating income of $1.1 billion and non-GAAP operating income of $1.6 billion Diluted earnings per share at $0.79, and non-GAAP diluted earnings per share at $1.31 Cash flow from operations of $1.8 billion ROUND ROCK, Texas , June 1, 2023 /PRNewswire/ --  Full story Dell Technologies (NYSE: DELL) announces financial results for its fiscal 2024 first quarter. Revenue was $20.9 billion, down 20%.

Dell Technologies Delivers First Quarter Fiscal 2024 Financial Results

Taiwan Semiconductor Manufacturing

These three companies are each highly exposed to both the server and PC markets. Peers HPE and HPQ, which serve the server and PC markets, each reported underwhelming numbers.

Why Advanced Micro Devices, Taiwan Semiconductor Manufacturing, and Dell Technologies Plunged Today

SentinelOne

Shortly after Wednesday's opening bell, the Dow Jones industrials were down 0.46%, the S&P 500 down 0.34% and the Nasdaq down 0.02%.

Earnings Previews: Broadcom, Dell, SentinelOne

Corning

Juniper Networks

Texas Instruments

While on the surface it appears that the stock market has had an incredible first five months, especially compared with 2022, in reality it has just been a handful of stocks that have lifted the Nasdaq up a stunning 25% and the S&P 500 up almost 10%.

Miss the Huge AI Rally? 7 Dividend Tech Stocks to Help Catch the Rest of the Run

HP Inc. and HP Hewlett Packard Enterprise are suffering amid a downturn for personal computers.

News for Dell Technologies Stock (DELL)