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Oct 29, 2021

Dell Q3 2022 Earnings Report

Dell Technologies delivered record third quarter fiscal 2022 results, driven by robust demand and strong execution.

Key Takeaways

Dell Technologies reported a record third quarter with revenue of $28.4 billion, up 21%. Diluted earnings per share was $4.87, up 351%, and non-GAAP diluted earnings per share was $2.37, up 17%. The company saw growth in all business units, customer segments and geographies.

Dell Technologies achieved record third quarter revenue of $28.4 billion, a 21% increase year-over-year.

Diluted earnings per share was $4.87, up 351% year-over-year, and non-GAAP diluted earnings per share was $2.37, up 17%.

Client Solutions Group revenue increased by 35% to a record $16.5 billion.

Infrastructure Solutions Group revenue increased by 5% to $8.4 billion, marking the third consecutive quarter of year-over-year growth.

Total Revenue
$28.4B
Previous year: $23.5B
+20.8%
EPS
$2.37
Previous year: $2.03
+16.7%
Gross Profit
$5.53B
Previous year: $7.26B
-23.8%
Cash and Equivalents
$22.4B
Previous year: $11.3B
+98.2%
Free Cash Flow
$3.3B
Previous year: $3B
+10.0%
Total Assets
$136B
Previous year: $119B
+14.1%

Dell

Dell

Dell Revenue by Segment

Forward Guidance

The digital trends are tailwinds for our business, and along with our strategy and financial flexibility, lead us to be optimistic about our long-term growth prospects.

Revenue & Expenses

Visualization of income flow from segment revenue to net income