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May 03, 2024

Dell Q1 2025 Earnings Report

Dell's first quarter revenue increased by 6% year over year, with significant growth in ISG revenue and record servers and networking revenue. Diluted EPS increased, while non-GAAP diluted EPS decreased slightly.

Key Takeaways

Dell Technologies reported a 6% increase in revenue to $22.2 billion for the first quarter of fiscal year 2025. The Infrastructure Solutions Group (ISG) saw a 22% increase in revenue, driven by a 42% increase in servers and networking revenue. Diluted earnings per share was $1.32, up 67%, while non-GAAP diluted earnings per share was $1.27, down 3%.

Dell Technologies' first quarter revenue reached $22.2 billion, a 6% increase year over year.

Infrastructure Solutions Group (ISG) revenue increased by 22% year over year, totaling $9.2 billion.

Servers and networking revenue saw a record increase of 42%, reaching $5.5 billion.

Diluted earnings per share was $1.32, up 67% year over year.

Total Revenue
$22.2B
Previous year: $20.9B
+6.3%
EPS
$1.27
Previous year: $1.31
-3.1%
Non-GAAP Operating Margin
6.6%
Gross Profit
$4.97B
Previous year: $5.02B
-0.9%
Cash and Equivalents
$5.83B
Previous year: $7.63B
-23.6%
Free Cash Flow
$457M
Previous year: $1.8B
-74.6%
Total Assets
$80.2B
Previous year: $84.1B
-4.6%

Dell

Dell

Dell Revenue by Segment

Forward Guidance

Dell did not provide specific forward guidance in this earnings report.

Revenue & Expenses

Visualization of income flow from segment revenue to net income