•
Jul 31, 2020

Dell Q2 2021 Earnings Report

Dell Technologies' financial results for Q2 2021 were announced, showing revenue of $22.7 billion and operating income increase of 119%.

Key Takeaways

Dell Technologies reported second quarter revenue of $22.7 billion. Operating income increased by 119% to $1.1 billion, and net income was $1.1 billion. Diluted earnings per share was $1.37, while non-GAAP diluted earnings per share was $1.92.

Second quarter revenue was $22.7 billion, non-GAAP revenue was $22.8 billion.

Operating income increased 119% to $1.1 billion, with non-GAAP operating income at $2.6 billion.

Net income was $1.1 billion, and non-GAAP net income was $1.6 billion.

Diluted earnings per share was $1.37, and non-GAAP diluted earnings per share was $1.92.

Total Revenue
$22.8B
Previous year: $23.5B
-2.9%
EPS
$1.92
Previous year: $2.15
-10.7%
Non-GAAP Operating Margin
11%
Gross Profit
$7.16B
Previous year: $7.33B
-2.3%
Cash and Equivalents
$11.2B
Previous year: $9.19B
+22.1%
Free Cash Flow
$3.33B
Previous year: $2.91B
+14.4%
Total Assets
$121B
Previous year: $116B
+5.0%

Dell

Dell

Dell Revenue by Segment

Forward Guidance

No forward guidance was provided in the release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income