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Apr 29, 2022
Dell Q1 2023 Earnings Report
Dell Technologies announced record first-quarter results, driven by growth across ISG and CSG.
Key Takeaways
Dell Technologies reported a record first quarter with revenue reaching $26.1 billion, up 16%. The company's operating income increased by 57% to $1.6 billion, and diluted earnings per share rose by 63% to $1.37.
Record first quarter revenue of $26.1 billion, up 16%, with growth across ISG and CSG
Record first quarter operating income of $1.6 billion, up 57%, and record first quarter non-GAAP operating income of $2.1 billion, up 21%
Record first quarter diluted earnings per share of $1.37, up 63%, and record non-GAAP diluted earnings per share of $1.84, up 36%
Dell Technologies ended the quarter with remaining performance obligations of $42 billion, up 14% year-over-year, deferred revenue of $27.4 billion, and cash and investments of $8.5 billion.
Revenue by Segment
Forward Guidance
No specific forward guidance was provided in the press release.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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