DELL TECHNOLOGIES INC.

Segment Information

(in millions, except percentages; unaudited; continued on next page)

Three Months Ended

Fiscal Year Ended

January 28,
2022

January 29,
2021

Change

January 28,
2022

January 29,
2021

Change

Infrastructure Solutions Group (ISG):

Net Revenue:

Servers and networking

$         4,720

$         4,405

7%

$      17,901

$      16,592

8%

Storage

4,499

4,510

—%

16,465

16,410

—%

Total ISG net revenue

$         9,219

$         8,915

3%

$      34,366

$      33,002

4%

Operating Income:

ISG operating income

$         1,102

$         1,183

(7)%

$         3,736

$         3,753

—%

% of ISG net revenue

12%

13%

11%

11%

% of total reportable segment operating income

49%

53%

46%

53%

Client Solutions Group (CSG):

Net Revenue:

Commercial

$      12,891

$         9,946

30%

$      45,576

$      35,423

29%

Consumer

4,438

3,824

16%

15,888

12,964

23%

Total CSG net revenue

$      17,329

$      13,770

26%

$      61,464

$      48,387

27%

Operating Income:

CSG operating income

$         1,157

$         1,040

11%

$         4,365

$         3,333

31%

% of CSG net revenue

7 %

8 %

7%

7%

% of total reportable segment operating income

51%

47%

54%

47%

Amounts are based on underlying data and may not visually foot due to rounding.