•
May 01, 2020

Dell Q1 2021 Earnings Report

Dell Technologies navigated the COVID-19 environment with innovative products and a resilient global workforce, reporting a 28% increase in operating income and a 2% increase in Client Solutions Group revenue.

Key Takeaways

Dell Technologies reported first-quarter revenue of $21.9 billion. Operating income increased by 28% to $702 million, and non-GAAP operating income was $2.2 billion. Client Solutions Group revenue rose by 2%, while VMware revenue increased by 12%.

Dell Technologies effectively navigated COVID-19 with innovative products and a resilient workforce.

First quarter revenue reached $21.9 billion.

Operating income increased 28% to $702 million; non-GAAP operating income was $2.2 billion.

Client Solutions Group revenue increased 2% to $11.1 billion, and VMware revenue rose 12%.

Total Revenue
$21.9B
Previous year: $22B
-0.2%
EPS
$1.34
Previous year: $1.45
-7.6%
Non-GAAP Operating Margin
10%
Gross Profit
$6.85B
Previous year: $6.8B
+0.8%
Cash and Equivalents
$12.2B
Previous year: $9.04B
+35.3%
Free Cash Flow
-$1.36B
Previous year: -$34M
+3885.3%
Total Assets
$120B
Previous year: $110B
+9.4%

Dell

Dell

Dell Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the document.

Revenue & Expenses

Visualization of income flow from segment revenue to net income