Dell Technologies Delivers Fourth Quarter and Full-Year Fiscal 2022 Financial Results

 

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.


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