Environmental, Social and Governance (ESG)Our Environmental, Social and Governance (ESG) efforts are focused on driving positive impact for people and our planet while delivering long-term value for all stakeholders. Cash flow from operations was $10.3 billion and cash flow from operations excluding VMware was a record $7.1 billion. endobj Same is with the 5 year average. /MediaBox [0.0 0.0 612.0 792.0] Dell (DELL) Income Statement Free Webinar - Decode the market's secrets! Investor Relations | Dell Technologies Reconciliation to consolidated net revenue: Reconciliation to consolidated operating income: Other businesses consists of: 1) Dell's resale of standalone VMware, Inc. products and services, "VMware Resale", 2) Secureworks, and 3) Virtustream, and do not meet the requirements for a reportable segment, either individually or collectively. %PDF-1.4 Other trademarks may be trademarks of their respective owners. /Type /Page In accordance with applicable accounting guidance, the results of VMware, Inc., excluding Dell Technologies' resale of VMware, Inc. offerings, are presented as discontinued operations in the Consolidated Statements of Income and, as such, have been excluded from both continuing operations and segment results for all periods presented. << /Resources 29 0 R Cryptocurrencies: Cryptocurrency quotes are updated in real-time. Minimum payments required Available for everyday use Simplicity Fast credit decision Any or all forward-looking statements Dell Technologies makes may turn out to be wrong and can be affected by inaccurate assumptions Dell Technologies might make or by known or unknown risks, uncertainties and other factors, including those identified in this press release. 15 0 R 16 0 R 17 0 R] DFS Home Page Dell Technologies (NYSE:DELL) helps organizations and individuals build their digital future and transform how they work, live and play. #1-Ranked Industry Analyst Patrick Moorhead dives deeper as Dell Tech's 2030 goals are to advance sustainability, cultivate inclusion, transform lives, and uphold ethics and privacy. For those unable to listen to the live broadcast, an archived version will be available at the same location for one year. 1 Dell Bank International Designated Activity Company (d.a.c.) Dell Technologies Inc. Cl C Annual Income Statement - MarketWatch Accordingly, you should not place undue reliance on the forward-looking statements made in this press release, which speak only as of its date. 3 0 obj All comparisons in this press release are year-over-year unless otherwise noted. Operating income was $1.1 billion or approximately 12% of Infrastructure Solutions Group revenue. 0001571996-23-000007.xls. Operating income was $1.1 billion or approximately 12% of Infrastructure Solutions Group revenue. Cash flow from operations of $1.8 billion. << of the company's non-GAAP financial measures is not meant to be considered in isolation or as a substitute for the company's financial results prepared in accordance with GAAP, and the company's non-GAAP measures may be different from non-GAAP . Dell Technologies Inc. (DELL) Income Statement - Yahoo Finance Get guidance on IT solutions for your business. Information about Dell Technologies use of non-GAAP financial information is provided under Non-GAAP Financial Measures below. Storage revenue was $3.8 billion, with demand growth in the company's software-defined storage and leading midrange storage array. /Type /Page Source: FactSet. View original content to download multimedia:https://www.prnewswire.com/news-releases/dell-technologies-delivers-fourth-quarter-and-full-year-fiscal-2022-financial-results-301490196.html, Investors: Investor_Relations@Dell.com; Media: Media.Relations@Dell.com, Dell Technologies Delivers Fourth Quarter and Full-Year Fiscal 2022 Financial Results, Earnings (loss) per share from continuing operations attributable to, Net transfer of cash, cash equivalents, and restricted cash to, Other businesses consists of: 1) Dell's resale of standalone, Unallocated transactions includes other corporate items that are not allocated to, Impact of purchase accounting includes non-cash purchase accounting adjustments that are primarily related to the, Net income (loss) from continuing operations attributable to, Earnings (loss) per share attributable to, Net income from discontinued operations attributable to, https://investors.delltechnologies.com/events-and-presentations/upcoming-events, https://investors.delltechnologies.com/financial-information/quarterly-results, https://www.dell.com/en-us/blog/giving-customers-an-edge-in-todays-digital-world/, https://www.prnewswire.com/news-releases/dell-technologies-delivers-fourth-quarter-and-full-year-fiscal-2022-financial-results-301490196.html, Record full-year diluted earnings per share of, Announcing a quarterly cash dividend policy, with an initial quarterly dividend of, Won 47 awards at CES, where Dell introduced the new, Introduced the world's thinnest gaming laptop (, "In FY22, widespread digital transformation continued to accelerate growth in technology spend, and we are encouraged by growing demand across our entire portfolio," said, "Last year we achieved a number of milestones that unleashed shareholder value. Dell Technologies Delivers Fourth Quarter and Full-Year Fiscal 2022 /Type /Page DELL Inc. Financial Statements - BrainMass /MediaBox [0.0 0.0 792.0 612.0] 14 0 obj Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. << Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. International stock quotes are delayed as per exchange requirements. /Resources 33 0 R PDF Designated Activity Company (d.a.c.) Annual Report and Financial - Dell /MediaBox [0.0 0.0 612.0 792.0] Other trademarks may be trademarks of their respective owners. Copyright 2023 Dell Inc. or its subsidiaries. Dell Technologies, Dell, EMC and Dell EMC are trademarks of Dell Inc. or its subsidiaries. 0001571996-23-000007.pdf. View HTML. At the same time, our innovation engine is operating at full throttle in strategic areas like edge, multicloud and as-a-Service., We executed Q3 with focus and delivered strong operating results, successfully navigating the challenging environment we highlighted in our Q2 earnings call," said Chuck Whitten, co-chief operating officer, Dell Technologies. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Fundamental company data and analyst estimates provided by FactSet. Operating segments summary. About Dell TechnologiesDell Technologies (NYSE:DELL) helps organizations and individuals build their digital future and transform how they work, live and play. Full storyDell Technologies (NYSE: DELL) announces financial results for its fiscal 2022 fourth quarter and full year. Servers and networking revenue was $3.8 billion, with demand growth in AI optimized high value workload servers. A sales representative will be contacting you soon. DELL | Dell Technologies Inc. Cl C Financial Statements - WSJ These filings are available for review through the SECs website at www.sec.gov. /Resources 31 0 R >> Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. << Amounts may not visually recalculate due to rounding. Dell Technologies ended the quarter with remaining performance obligations of $42 billion, up 20% year-over-year, deferred revenue of $27.6 billion, and cash and investments of $11.3 billion. Special Note on Forward-Looking Statements: Statements in this press release that relate to future results and events are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934 and Section 27A of the Securities Act of 1933 and are based on Dell Technologies current expectations. FCF over the last 4 years Diluted EPS Non-GAAP | 18% CAGR We maintained pricing discipline, reduced operating expenses, and our supply chain continued to perform well after normalizing ahead of competitors. /Type /Page /Count 0 All comparisons in this press release are year-over-year unless otherwise noted. /MediaBox [0.0 0.0 612.0 792.0] 2 Annual Report - year ended 31 December 2019 Page Directors and Other Information Directors and Other information 3 Directors' Report 4 Chairman's Report 7 Thank you for your request. /Type /Page Dell Technologies does not undertake to update, and expressly disclaims any duty to update, its forward-looking statements, whether as a result of circumstances or events that arise after the date they are made, new information, or otherwise. We reduced backlog to meet customer needs and deliver record business results, including record third quarter ISG revenue of $9.6 billion. Net income from continuing operations was $241 million, and non-GAAP net income was $1.7 billion. In some cases, you can identify these statements by such forward-looking words as anticipate, believe, confidence, could, estimate, expect, guidance, intend, may, objective, outlook, plan, project, possible, potential, should, will and would, or similar words or expressions that refer to future events or outcomes. /Parent 3 0 R Copyright 2022 Dell Inc. or its subsidiaries. The Consolidated Statements of Cash Flows are presented on a consolidated basis for both continuing operations and discontinued operations. /Resources 21 0 R Revenue was $20.9 billion, down 20%. 9 0 obj As previously announced, the Company will hold a conference call to discuss its fiscal 2022 fourth quarter and full-year performance and financial guidance, February 24, 2022 at 4:30 p.m. CST. /Resources 23 0 R Dell Technologies encourages investors to review the non-GAAP discussion in these reports in conjunction with the presentation of non-GAAP financial measures. For the full year, revenue was $34.4 billion, with operating income of $3.7 billion. Cash flow from operations was $3.1 billion. PDF Dell Technologies Annual Report 2021 - StockLight /Contents 20 0 R Copyright FactSet Research Systems Inc. All rights reserved. Dell Technologies Delivers First Quarter Fiscal 2024 Financial Results Dell Financial Services Home- At Dell Financial Services (DFS), our mission is "To deliver financing solutions that enable and enrich the Dell Customer experience." Dell Technologies results or events in future periods could differ materially from those expressed or implied by these forward-looking statements because of risks, uncertainties, and other factors that include, but are not limited to, the following: risks and uncertainties relating to our spin-off of VMware, Inc., including the potential effects on our business of the transaction; the effects of the COVID-19 pandemic; competitive pressures; Dell Technologies reliance on third-party suppliers for products and components, including reliance on single-source or limited-source suppliers; Dell Technologies ability to achieve favorable pricing from its vendors; adverse global economic conditions and instability in financial markets; Dell Technologies execution of its growth, business and acquisition strategies; the success of Dell Technologies cost efficiency measures; Dell Technologies ability to manage solutions and products and services transitions in an effective manner; Dell Technologies ability to deliver high-quality products, software, and services; cyber attacks or other data security incidents; Dell Technologies foreign operations and ability to generate substantial non-U.S. net revenue; Dell Technologies product, services, customer, and geographic sales mix, and seasonal sales trends; the performance of Dell Technologies sales channel partners; access to the capital markets by Dell Technologies or its customers; material impairment of the value of goodwill or intangible assets; weak economic conditions and the effect of additional regulation on Dell Technologies financial services activities; counterparty default risks; the loss by Dell Technologies of any contracts for ISG services and solutions and its ability to perform such contracts at their estimated costs; loss by Dell Technologies of government contracts; Dell Technologies ability to develop and protect its proprietary intellectual property or obtain licenses to intellectual property developed by others on commercially reasonable and competitive terms; disruptions in Dell Technologies infrastructure; Dell Technologies ability to hedge effectively its exposure to fluctuations in foreign currency exchange rates and interest rates; expiration of tax holidays or favorable tax rate structures, or unfavorable outcomes in tax audits and other tax compliance matters; impairment of portfolio investments; unfavorable results of legal proceedings, including the risk associated with final court approval of the recently announced litigation settlement; compliance requirements of changing environmental and safety laws or other laws; the effect of armed hostilities, terrorism, natural disasters, and public health issues; the effect of global climate change and legal, regulatory, or market measures to address climate change; Dell Technologies dependence on the services of Michael Dell and key employees; Dell Technologies level of indebtedness; the effect of the transition from LIBOR as a reference rate to calculate interest rates under our variable-rate indebtedness; and business and financial factors and legal restrictions affecting continuation of Dell Technologies quarterly cash dividend policy and dividend rate. >> /Resources 27 0 R International stock quotes are delayed as per exchange requirements. Explore our ESG resources. Fourth quarter revenue increased 16% to $28 billion. Ten years of annual and quarterly financial statements and annual report data for Dell (DELL). Operating income was a record $1.4 billion, up 54% and approximately 14.3% of Infrastructure Solutions Group revenue. Source: Kantar Media, Extraordinaries & Discontinued Operations. You can evaluate financial statements to find patterns among Dell main balance sheet or income statement drivers, such as Direct Expenses of 75.2 B, Consolidated Income of 4.2 B or Cost of Revenue of 75.7 B, as well as many exotic indicators such as Interest Coverage of 3.09, Long Term Debt to Equity of 13.69 or Calculated Tax Rate of 15.47. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. Storage revenue was $4.5 billion, while servers and networking revenue was $4.7 billion up 7% year-over-year. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. 1 Day DELL -2.45% DJIA -0.15% S&P 500 0.00% Technology 0.00% Overview Data not available. /Parent 3 0 R /MediaBox [0.0 0.0 612.0 792.0] The company generated operating income of $1.6 billion, up 13%, and non-GAAP operating income of $2.2 billion, up 1%. Dell Technologies Delivers Fourth Quarter and Full Year Fiscal 2023 Read our quarterly blog from Bill Scannell, Dell Technologies president of Global Sales & Customer Operations, to learn more about how we are helping customers with their digital transformations: https://www.dell.com/en-us/blog/driving-our-customers-businesses-forward/, Environmental, Social and Governance (ESG), Our Environmental, Social and Governance (ESG) efforts focus on driving positive impact for people and our planet while delivering long-term value for our stakeholders. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. /ModDate (D:20210225024056+00'00') Cash and investments were $9.2 billion, and the company returned $527 million to shareholders in the first quarter through share repurchases and dividends. The company also announces that its board of directors has approved a dividend policy under which the company intends to pay quarterly cash dividends on its common stock, with an initial dividend rate of $1.32 per share per year for fiscal 2023, or approximately $1 billion in aggregate. /Parent 2 0 R << Join us May 2 May 5 for Dell Technologies World, the companys flagship event that brings together the latest trends, technology and gurus. % On September 1, 2020, the Company completed the sale of RSA Security and, on October 1, 2021, the Company completed the sale of Boomi. The company also announces that its board of directors has approved a dividend policy under which the company intends to pay quarterly cash dividends on its common stock, with an initial dividend rate of $1.32 per share per year for fiscal 2023, or approximately $1 billion in aggregate. endobj << >> During the three and nine months ended October 28, 2022, net income from continuing operations and earnings per share-diluted include a $1.0 billion expense recognized within interest and other, net, in connection with a previously reported litigation settlement agreement. Dell Technologies Inc 30-Y Financial Data - GuruFocus endobj Information about Dell Technologies' use of non-GAAP financial information is provided under "Non-GAAP Financial Measures" below. The conference call will be broadcast live over the internet and can be accessed athttps://investors.delltechnologies.com/events-and-presentations/upcoming-events. Earnings (loss) per share attributable to Dell Technologies Inc. diluted: Earnings per share from discontinued operations attributable to Dell Technologies Inc. Net income from discontinued operations attributable to Dell Technologies Inc. - basic, Earnings per share attributable to Dell Technologies Inc. - basic, Incremental dilution from VMware, Inc. attributable to Dell Technologies, Net income from discontinued operations attributable to Dell Technologies Inc. - diluted, Earnings per share attributable to Dell Technologies Inc. diluted. These filings are available for review through the SEC's website at www.sec.gov. /First 18 0 R SUPPLEMENTAL SELECTED NON-GAAP FINANCIAL MEASURES. /MediaBox [0.0 0.0 792.0 612.0] (in millions, except percentages; unaudited; continued on next page), % of total reportable segment operating income, (in millions, except percentages; unaudited; continued). Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Information about Dell Technologies use of non-GAAP financial information is provided under Non-GAAP Financial Measures below. Exhibit and Financial Statement Schedules 172 Item 16. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. We announced a record number of innovations, making good on our promise to extend Dell APEX as-a-Service capabilities across our full portfolio andsimplifying multicloud and edge computing for our customers.. As previously announced, the company will hold a conference call to discuss its performance and financial guidance on June 1, 2023, at 3:30 p.m. CDT. /Parent 2 0 R Fourth quarter diluted loss per share was $0.04, and non-GAAP diluted earnings per share was $1.72, in each case resulting in part from a higher than anticipated effective tax rate in the quarter. Segment Discussion" and Note 15 of the Notes to Consolidated Financial Statements included in "Part II - Item 8 - /Resources 43 0 R >> Quarterly Results | Dell Technologies Dell Technologies Delivers First Quarter Fiscal 2024 Financial Results /CreationDate (D:20210225024056+00'00') Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. Dell Financial Statements From 2010 to 2023 - Macroaxis /MediaBox [0.0 0.0 612.0 792.0] We generated cash flow of. Dell Technologies discusses some of these matters more fully, as well as certain risk factors that could affect Dell Technologies business, financial condition, results of operations, and prospects, in its reports filed with the SEC, including Dell Technologies annual report on Form 10-K for the fiscal year ended February 3, 2023, quarterly reports on Form 10-Q, and current reports on Form 8-K. Servers and networking revenue was $5.2 billion, up 14%. 5-year and 10-year growth rates are calculated with least-square regression based on the 6-year and 11 . All Rights Reserved. /Type /Page Copyright 2022 Dell Inc. or its subsidiaries. The company generated operating income of $1.1 billion and non . endobj /Contents 34 0 R This higher percentage indicating for DELL more efficient use of its assets and also a high range of earning from products sold per company asset. During the event, customers and partners will explore the connected ecosystem of IT infrastructure, applications, devices and security along with our APEX and multi-cloud solutions that give customers greater flexibility to scale IT to meet business needs, transform and inspire the next breakthrough. The company had net debt paydowns of $16.5billionin fiscal 2022and received an Investment Grade corporate family rating from all three major credit rating agencies. >> endobj Dell Technologies, Dell, EMC and Dell EMC are trademarks of Dell Inc. or its subsidiaries. Diluted earnings per share was $0.79, and non-GAAP diluted earnings per share was $1.31, down 42% and 29%, respectively. Additional financial and operating information may be downloaded fromhttps://investors.delltechnologies.com/financial-information/quarterly-results, Read our quarterly blog from Bill Scannell, Dell Technologies president of Global Sales & Customer Operations, to learn more about how we are helping customers with their digital transformations: https://www.dell.com/en-us/blog/giving-customers-an-edge-in-todays-digital-world/, Environmental, Social and Governance (ESG). The conference call will be broadcast live over the internet and can be accessed at https://investors.delltechnologies.com/news-events/upcoming-events. Annual Filings. Prior to the start of the conference call, prepared remarks and a presentation containing additional financial and operating information prior to financial guidance may be downloaded from investors.delltechnologies.com. Cash flow from operations was $3.1 billion. << Dell Technologies Reports Fiscal Year 2020 Fourth Quarter and Full Year Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. The results of Dell Technologies' resale of VMware, Inc. offerings are presented as continuing operations for all periods presented.