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Aug 02, 2024

Dell Q2 2025 Earnings Report

Dell's Q2 2025 financial results were released, showcasing revenue increase and strong performance in ISG.

Key Takeaways

Dell Technologies reported a 9% year-over-year increase in revenue, reaching $25.0 billion for the second quarter of fiscal year 2025. The Infrastructure Solutions Group (ISG) achieved record revenue, driven by strong demand in servers and networking. Diluted earnings per share increased by 86% to $1.17, and non-GAAP diluted earnings per share rose by 9% to $1.89.

Second quarter revenue increased by 9% year over year, reaching $25.0 billion.

Infrastructure Solutions Group (ISG) revenue hit a record $11.6 billion, up 38% year over year, driven by servers and networking revenue growth of 80%.

Client Solutions Group (CSG) revenue was $12.4 billion, a 4% decrease year over year, with commercial client revenue remaining flat.

Diluted earnings per share rose by 86% to $1.17, and non-GAAP diluted earnings per share increased by 9% to $1.89.

Total Revenue
$25B
Previous year: $22.9B
+9.1%
EPS
$1.89
Previous year: $1.74
+8.6%
Non-GAAP Operating Margin
8.1%
Previous year: 8.6%
-5.8%
Gross Profit
$5.48B
Previous year: $5.39B
+1.7%
Cash and Equivalents
$4.55B
Previous year: $8.36B
-45.6%
Free Cash Flow
$704M
Previous year: $3.2B
-78.0%
Total Assets
$82.7B
Previous year: $85.7B
-3.5%

Dell

Dell

Dell Revenue by Segment

Forward Guidance

The company did not provide specific forward guidance in this release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income