Dell Technologies has reported its financial results for the second quarter of fiscal 2025, showing significant growth in various key metrics. The company's revenue for the quarter was $25.0 billion, marking a 9% increase compared to the same period last year.
The Infrastructure Solutions Group (ISG) was a standout performer, achieving record revenue of $11.6 billion, which represents a substantial 38% increase year over year. Within ISG, servers and networking revenue reached $7.7 billion, marking an impressive 80% increase. ISG's operating income also saw a significant rise, reaching $1.3 billion.
On the other hand, the Client Solutions Group (CSG) reported revenue of $12.4 billion, a 4% decrease compared to the previous year. However, commercial client revenue remained flat at $10.6 billion. CSG's operating income was $767 million.
The company's diluted earnings per share stood at $1.17, reflecting an 86% increase year over year. Meanwhile, non-GAAP diluted earnings per share were $1.89, representing a 9% increase compared to the same period in the previous year.
In terms of cash flow, Dell Technologies reported $1.3 billion in cash flow from operations, and it returned $1 billion to shareholders through share repurchases and dividends. The company ended the quarter with $6.0 billion in cash and investments.
Looking at the year-to-date performance, Dell Technologies reported a 8% increase in revenue compared to the first six months of the previous fiscal year, reaching $47.3 billion. The company's net income for the quarter was $841 million, marking an 85% increase year over year. Non-GAAP net income reached $1.371 billion, reflecting a 7% increase compared to the same period last year.
It's important to note that all comparisons in the press release are year-over-year unless otherwise specified.
Today the company's shares have moved -0.7% to a price of $110.74. Check out the company's full 8-K submission here.
