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Jan 29, 2021

Dell Q4 2021 Earnings Report

Dell Technologies reported Q4 2021 earnings with a revenue increase of 9% and operating income increase of 204% year-over-year.

Key Takeaways

Dell Technologies reported a strong fourth quarter for fiscal year 2021, with revenue up 9% to $26.1 billion and operating income up 204% to $2.2 billion. The company's Client Solutions Group and Infrastructure Solutions Group contributed significantly to the overall performance. Dell Technologies also delivered on its fiscal 2021 core debt paydown target of $5.5 billion.

Record full-year revenue of $94.2 billion.

Record full-year operating income of $5.1 billion and record non-GAAP operating income of $10.8 billion.

Record cash flow from operations of $11.4 billion.

Record Client Solutions Group shipments, revenue and operating income.

Total Revenue
$26.1B
Previous year: $24.1B
+8.4%
EPS
$2.7
Previous year: $2
+35.0%
Gross Profit
$8.15B
Previous year: $7.68B
+6.0%
Cash and Equivalents
$14.2B
Previous year: $9.3B
+52.7%
Free Cash Flow
$5.38B
Previous year: $2.88B
+86.8%
Total Assets
$123B
Previous year: $119B
+3.8%

Dell

Dell

Dell Revenue by Segment

Forward Guidance

The company is in an advantaged position to capitalize on the projected mid-single digits growth in IT spending in 2021.

Revenue & Expenses

Visualization of income flow from segment revenue to net income