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Investor Relations

At Dell Technologies we create technology that drives human progress. Learn more about our business units, company strategy, and value creation story below.

Why Dell

Latest Earnings

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Q2 2025

Latest Financial Performance

Revenue
Non-GAAP
 
Revenue
FY21 $86.8B
+2%
FY22 $101.2B
+17%
FY23 $102.3B
+1%
FY24 $88.4B
-14%
Expect revenue to grow at a 3-4% CAGR over time
Adjusted Free Cash
Flow
Non-GAAP | ~$4.8B Avg last 5 years
Adjusted Free Cash
FY21 $6.5B
+22%
FY22 $5.2B
-19%
FY23 $1.5B
-71%
FY24 $5.6B
+266%
$24B of Adj. FCF over the last 5 years
Diluted EPS
Non-GAAP | 13% CAGR
 
Diluted EPS
FY21 $4.88
+6%
FY22 $6.22
+27%
FY23 $7.61
+22%
FY24 $7.13
-6%
EPS growing faster than Revenue

 

For a reconciliation to the most directly comparable GAAP measure,
please consult the slides labeled ‘Supplemental non-GAAP Measures’ in the Performance Review available here.