Dell Technologies (DELL) Revenue — Quarter Ended May 3, 2024
Revenue for the quarter was essentially flat compared to the immediately preceding quarter, but showed a notable increase relative to the same quarter one year earlier. The reported figure remained nearly unchanged sequentially while exceeding the prior-year level.
Key takeaway
Quarter ended May 3, 2024 · FY2025 Q1
Revenue for the quarter was essentially flat compared to the immediately preceding quarter, but showed a notable increase relative to the same quarter one year earlier. The reported figure remained nearly unchanged sequentially while exceeding the prior-year level.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$22.2B
Revenue reported for this quarter.
Quarter-over-quarter
-0.3%
Change from the immediately preceding quarter.
Year-over-year
+6.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$89.7B
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 |
|---|---|---|
| Aug 4, 2023 | $22.9B | -8.4% |
| Nov 3, 2023 | $22.3B | -10.0% |
| Feb 2, 2024 | $22.3B | +6.7% |
| May 3, 2024 | $22.2B | +6.3% |
Revenue performance
The revenue direction for this quarter is broadly stable on a sequential basis, while the year-over-year comparison reveals a solid increase. The trailing twelve-month revenue reflects the cumulative scale of operations.
Quarterly comparison
Compared with the immediately preceding quarter, revenue experienced a marginal decline. However, when set against the same quarter one year earlier, revenue rose meaningfully, indicating a stronger performance relative to the prior-year period.
What to watch
Monitor whether the company can sustain its year-over-year revenue growth while stabilizing or reversing the slight sequential decline.