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Oct 30, 2020

Dell Q3 2021 Earnings Report

Dell Technologies' Q3 2021 financial results were announced, driven by remote work and learn solutions.

Key Takeaways

Dell Technologies reported a 3% increase in revenue to $23.5 billion. The company's operating income increased by 35% to $1.1 billion, and non-GAAP operating income rose by 12% to $2.7 billion. Diluted earnings per share increased by 64% to $1.08, with non-GAAP diluted earnings per share up by 16% to $2.03.

Total revenue increased by 3% to $23.5 billion.

Client Solutions Group revenue reached a record $12.3 billion, up 8%.

Diluted earnings per share increased by 64% to $1.08, and non-GAAP diluted earnings per share increased by 16% to $2.03.

Operating income increased by 35% to $1.1 billion, while non-GAAP operating income increased by 12% to $2.7 billion.

Total Revenue
$23.5B
Previous year: $22.9B
+2.6%
EPS
$2.03
Previous year: $1.75
+16.0%
Gross Profit
$7.26B
Previous year: $7.13B
+1.9%
Cash and Equivalents
$11.3B
Previous year: $8.56B
+32.1%
Free Cash Flow
$3B
Previous year: $1.29B
+132.2%
Total Assets
$119B
Previous year: $117B
+1.8%

Dell

Dell

Dell Revenue by Segment

Forward Guidance

No specific forward guidance was provided in the release.

Revenue & Expenses

Visualization of income flow from segment revenue to net income