Dell: growth at all costs in 2022, with record revenues

101.2 billion dollars in revenues, for a 17% increase in one year, is what comes to mind when reading Dell’s financial results for its 2022 fiscal year. The Texas-based giant has thus signed a record year, marked by growth in all its divisions. That said, the PC branch of the Round Rock manufacturer is particularly celebrating with record shipments, Dell is pleased with the first lines of its statement.

“Fiscal 2022 was the best year in the history of Dell Technologies. We achieved more than $100 billion in revenue and grew 17%, which is a significant achievement and ahead of our long-term growth targets,” commented Jeff Clarke, vice president and co-chief operating officer of Dell Technologies, among others, as quoted by Le Monde Informatique.

A very lucrative year 2022 for Dell

In terms of operating income, Dell is also very well off with 4.7 billion dollars for an increase of 26% compared to 2021. When we go into detail, we see that all divisions of the American giant are in the green, with a growth of 27% to $ 61.5 billion for the Client Solutions Group (including 17.3 billion and +26% in the fourth quarter alone).

The Infrastructure Solutions Group, for its part, will have total revenues of $34.4 billion for fiscal year 2022 as a whole. To a lesser extent, Dell’s server and networking business is also on a roll, with +7% (YoY) and $4.7 billion in revenue; while storage products brought in $4.5 billion in revenue for Dell over the past year.

However, this virtuous dynamic has not been observed at VMWare. Separated from Dell a few months ago, the company has posted an increase in revenue (+9% to $ 12.785 billion), but a net income that fell by 11% to $ 1.82 billion, says Cnet.