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Feb 02, 2024

Dell Q4 2024 Earnings Report

Dell's fourth quarter revenue reached $22.3 billion, with diluted EPS at $1.59.

Key Takeaways

Dell Technologies reported Q4 revenue of $22.3 billion, a decrease of 11% year-over-year. The company's diluted earnings per share was $1.59, up 89% year-over-year, and non-GAAP diluted earnings per share was $2.20, up 22% year-over-year. Dell is increasing its annual cash dividend by 20% to $1.78 per common share.

Fourth quarter revenue was $22.3 billion, down 11% year over year.

Operating income reached $1.5 billion, a 25% increase year over year.

Diluted earnings per share was $1.59, up 89% year over year.

Dell is increasing its annual cash dividend by 20% to $1.78 per common share.

Total Revenue
$22.3B
Previous year: $25B
-10.9%
EPS
$2.2
Previous year: $1.8
+22.2%
Non-GAAP Operating Margin
9.6%
Previous year: 8.7%
+10.3%
Gross Profit
$5.52B
Previous year: $5.76B
-4.1%
Cash and Equivalents
$7.37B
Previous year: $8.61B
-14.4%
Free Cash Flow
$806M
Total Assets
$82.1B
Previous year: $89.6B
-8.4%

Dell

Dell

Dell Revenue by Segment

Forward Guidance

Dell is optimistic about FY25 and are increasing their annual dividend by 20%.

Revenue & Expenses

Visualization of income flow from segment revenue to net income