NYSE$DELL

Dell Technologies Inc C · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

Dell Technologies navigated the COVID-19 environment with innovative products and a resilient global workforce, reporting a 28% increase in operating income and a 2% increase in Client Solutions Group revenue.

Dell Technologies reported first-quarter revenue of $21.9 billion. Operating income increased by 28% to $702 million, and non-GAAP operating income was $2.2 billion. Client Solutions Group revenue rose by 2%, while VMware revenue increased by 12%.

  • Dell Technologies effectively navigated COVID-19 with innovative products and a resilient workforce.
  • First quarter revenue reached $21.9 billion.
  • Operating income increased 28% to $702 million; non-GAAP operating income was $2.2 billion.
  • Client Solutions Group revenue increased 2% to $11.1 billion, and VMware revenue rose 12%.

Headline financials

Total Revenue

$21.9B

Previous: $21.9B-0.1%
EPS (adj)

$1.34

Previous: $1.45-7.6%
Non-GAAP Operating Margin

10.0%

No prior period
Capital Expenditures

-$559M

Previous: -$610M+8.4%
Free Cash Flow

-$416M

Previous: -$317M-31.2%
Net Income

$143M

Previous: $293M-51.2%
Operating Income

$702M

Previous: $550M+27.6%
Gross Profit

$6.85B

Previous: $6.8B+0.8%
Cash & Equivalents

$12.2B

Previous: $9.04B+35.3%
Total Assets

$120B

Previous: $110B+9.4%
Stock-Based Comp

$370M

Previous: $263M+40.7%

Revenue & EPS history

Dell · Revenue · Quarterly

$21.9B

Q1 2021-0.1%vs Q1 2020
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

Revenue by segment

Dell · $18.7B total across 4 segments · Q1 2021

  • Commercial Clients
    $8.63B
  • Storage
    $3.81B
  • Infrastructure Solutions Group
    $3.76B
  • Consumer Clients
    $2.47B

Forward guidance

No specific forward guidance was provided in the document.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 19 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+1.0%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+2.3%

Avg return

30 days after

53%

21 / 40 earnings

Positive

+33.6%

Q4 2024

Best reaction

-22.1%

Q1 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2027
Q4 2026+10.1%+21.1%+41.5%
Q3 2026+3.1%+4.9%+2.6%
Q2 2026-4.8%-7.5%-2.5%
Q1 2026-2.0%-0.8%+9.1%
Q4 2025-4.7%-9.8%-14.4%
Q3 2025-13.7%-11.5%-17.3%
Q2 2025+3.6%-0.7%+7.8%
Q1 2025-22.1%-24.2%-23.0%
Q4 2024+33.6%+26.3%+22.4%
Q3 2024-4.2%-7.7%+1.9%
Q2 2024+22.4%+22.3%+23.7%
Q1 2024+5.5%+4.6%+20.8%
Q4 2023-1.6%-6.0%-0.6%
Q3 2023+4.3%+6.2%-6.9%
Q2 2023-11.1%-14.9%-23.8%
Q1 2023+14.5%+15.3%+16.1%
Q4 2022-9.4%-12.2%-3.5%
Q3 2022+3.9%+1.9%+1.4%
Q2 2022-5.0%-4.5%+1.8%
Q1 2022-1.0%+3.2%-0.2%
Q4 2021-0.7%+1.2%+8.9%
Q3 2021-0.1%+0.6%+5.2%
Q2 2021+6.6%+6.8%+5.8%
Q1 2021+9.0%+7.9%+14.7%
Q4 2020-11.9%-9.0%-15.6%
Q3 2020-8.6%-11.9%-5.5%
Q2 2020+13.7%+12.7%+12.5%
Q1 2020-10.0%-12.9%-23.3%
Q4 2019+0.7%-2.0%+4.3%
Q3 2019-1.1%-2.0%-23.0%
Q2 2019+0.6%+1.1%+1.3%
Q1 2019+2.1%+4.1%+11.8%
Q4 2018+1.5%+0.1%-7.8%
Q3 2018+2.9%+5.6%+13.8%
Q2 2018-0.6%+2.1%+5.8%
Q1 2018-7.8%-7.4%-9.3%
Q4 2016+0.3%+0.4%+5.0%
Q3 2016+0.1%-0.2%+5.4%
Q2 2017+11.7%+14.2%+12.6%
Q2 2015+11.7%+14.2%+12.6%
Q1 2015
Q1 2017
Q2 2014
Q1 2013
Q4 2012
Q3 2012
Q2 2012

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro