Dell Technologies reported Q3 FY25 revenue of $24.4 billion, up 10% year-over-year, driven by strong demand for AI-optimized servers. Infrastructure Solutions Group revenue surged 34% to $11.4 billion, with servers and networking revenue up 58%. Client Solutions Group revenue declined 1% to $12.1 billion amid lower consumer demand.Operating income rose 12% to $1.7 billion, while net income increased 12% to $1.1 billion. The company saw continued strong demand for AI-optimized solutions, with elevated backlog levels for such offerings. Gross margin decreased due to a shift towards AI servers and competitive PC pricing, but was offset by disciplined cost management.Dell expects continued strong demand for servers and networking in Q4, projecting ISG revenue growth across AI-optimized and traditional servers. The company anticipates modest CSG revenue growth depending on PC refresh timing. Dell remains focused on executing strategic priorities, building long-term value, and addressing customer needs while making prudent decisions in response to the evolving market environment.

Dell Technologies reported Q3 FY25 revenue of $24.4 billion, up 10% year-over-year, driven by strong demand for AI-optimized servers. Infrastructure Solutions Group revenue surged 34% to $11.4 billion, with servers and networking revenue up 58%. Client Solutions Group revenue declined 1% to $12.1 billion amid lower consumer demand.Operating income rose 12% to $1.7 billion, while net income increased 12% to $1.1 billion. The company saw continued strong demand for AI-optimized solutions, with elevated backlog levels for such offerings. Gross margin decreased due to a shift towards AI servers and competitive PC pricing, but was offset by disciplined cost management.Dell expects continued strong demand for servers and networking in Q4, projecting ISG revenue growth across AI-optimized and traditional servers. The company anticipates modest CSG revenue growth depending on PC refresh timing. Dell remains focused on executing strategic priorities, building long-term value, and addressing customer needs while making prudent decisions in response to the evolving market environment.