Dell Technologies (DELL) Revenue — Quarter Ended Nov 3, 2023
Revenue declined compared to both the prior quarter and the same quarter last year. The sequential decline was less severe than the year-over-year drop.
Key takeaway
Quarter ended Nov 3, 2023 · FY2024 Q3
Revenue declined compared to both the prior quarter and the same quarter last year. The sequential decline was less severe than the year-over-year drop.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$22.3B
Revenue reported for this quarter.
Quarter-over-quarter
-3.0%
Change from the immediately preceding quarter.
Year-over-year
-10.0%
Change from the comparable year-ago quarter.
Trailing four quarters
$91.1B
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 |
|---|---|---|
| Feb 3, 2023 | $25B | -10.5% |
| May 5, 2023 | $20.9B | -19.9% |
| Aug 4, 2023 | $22.9B | -8.4% |
| Nov 3, 2023 | $22.3B | -10.0% |
Revenue performance
The reported revenue continued a downward trajectory, marking a decrease from the immediately preceding quarter.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was lower, while the sequential decline from the preceding quarter was narrower.
What to watch
Monitor whether revenue can stabilize after two consecutive quarters of sequential declines.