Dell Technologies (DELL) Revenue — Quarter Ended Feb 3, 2023
Revenue for the quarter moved higher compared to the prior quarter, but fell short of the level achieved in the same period a year ago. The sequential improvement came after a decline in the preceding quarter, while the year-over-year comparison extended a pattern of lower revenue.
Key takeaway
Quarter ended Feb 3, 2023 · FY2023 Q4
Revenue for the quarter moved higher compared to the prior quarter, but fell short of the level achieved in the same period a year ago. The sequential improvement came after a decline in the preceding quarter, while the year-over-year comparison extended a pattern of lower revenue.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$25B
Revenue reported for this quarter.
Quarter-over-quarter
+1.3%
Change from the immediately preceding quarter.
Year-over-year
-10.5%
Change from the comparable year-ago quarter.
Trailing four quarters
$102.3B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Apr 29, 2022 | $26.1B | +15.6% |
| Jul 29, 2022 | $26.4B | +9.2% |
| Oct 28, 2022 | $24.7B | -6.4% |
| Feb 3, 2023 | $25B | -10.5% |
Revenue performance
Revenue increased from the immediately preceding quarter, reversing the prior period's decrease. However, on a year-over-year basis, revenue was lower, reflecting a sustained contraction.
Quarterly comparison
The sequential rise contrasts with the year-over-year drop, highlighting a short-term recovery within a longer-term decline. The company's most recent four quarters of revenue collectively show the effect of these mixed quarterly results.
What to watch
Monitor whether the sequential revenue improvement can be sustained or if the year-over-year decline resumes.