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Jul 30, 2021

Dell Q2 2022 Earnings Report

Dell Technologies reported record second-quarter results, driven by strong execution and demand across the IT ecosystem.

Key Takeaways

Dell Technologies reported a record second quarter with revenue up 15% to $26.1 billion. Operating income increased by 21% to $1.4 billion, and non-GAAP operating income rose by 7% to $2.8 billion. Diluted earnings per share was $1.05, while non-GAAP diluted earnings per share was $2.24.

Record second quarter revenue of $26.1 billion, up 15%.

Operating income of $1.4 billion, up 21%.

Non-GAAP operating income of $2.8 billion, up 7%.

Non-GAAP diluted earnings per share was $2.24, up 17%.

Total Revenue
$26.1B
Previous year: $22.8B
+14.7%
EPS
$2.24
Previous year: $1.92
+16.7%
Gross Profit
$5.48B
Previous year: $7.16B
-23.5%
Cash and Equivalents
$11.7B
Previous year: $11.2B
+4.4%
Free Cash Flow
$1.09B
Previous year: $3.33B
-67.2%
Total Assets
$123B
Previous year: $121B
+1.2%

Dell

Dell

Dell Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the document.