Page 1

DELL Technologies Durable Competitive Advantages Power Dell Technologies ' Record Second Quarter Results in " Do - Anything - from - Anywhere " Economy ROUND ROCK , Texas - August 26 , 2021 News summary ● Best second quarter in Dell Technologies ' history , driven by strong execution and demand across the IT ecosystem Record second quarter revenue of $ 26.1 billion , up 15 % Record second quarter operating income of $ 1.4 billion , up 21 % , and record second quarter non - GAAP operating income of $ 2.8 billion , up 7 % ● Full story Dell Technologies ( NYSE : DELL ) announces record financial results for its fiscal 2022 second quarter . Revenue was up 15 % to $ 26.1 billion . The company generated operating income of $ 1.4 billion , a 21 % increase over the same period in the prior year , and a second quarter record non - GAAP operating income of $ 2.8 billion , up 7 % . Net income was $ 0.9 billion , non - GAAP net income was $ 1.9 billion and adjusted EBITDA was $ 3.3 billion . Net cash from operating activities was $ 1.7 billion . Diluted earnings per share was $ 1.05 , down 23 % and non - GAAP diluted earnings per share was $ 2.24 , up 17 % . " We're well known for our unique ability to adjust and lean into growth opportunities , as evidenced by our results with record second quarter revenue of $ 26.1 billion , " said Jeff Clarke , vice chairman and co - chief operating officer , Dell Technologies . " We're innovating and helping customers grow with a focus on multi - cloud solutions and modern infrastructure delivered traditionally and as - a - Service . " 1