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Dell Technologies Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Dell Technologies (NYSE:DELL) Full Year 2023 Results

Key Financial Results

  • Revenue: US$102.3b (up 1.1% from FY 2022).

  • Net income: US$2.44b (down 51% from FY 2022).

  • Profit margin: 2.4% (down from 4.9% in FY 2022).

  • EPS: US$3.33 (down from US$6.49 in FY 2022).


All figures shown in the chart above are for the trailing 12 month (TTM) period

Dell Technologies Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.7%. Earnings per share (EPS) missed analyst estimates by 4.7%.

Looking ahead, revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Tech industry in the US.


Performance of the American Tech industry.

The company's shares are up 7.6% from a week ago.

Risk Analysis

What about risks? Every company has them, and we've spotted 5 warning signs for Dell Technologies (of which 1 is a bit unpleasant!) you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at)

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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