DELL TECHNOLOGIES INC.
Segment Information
(in millions, except percentages; unaudited; continued on next page)

Three Months Ended

Fiscal Year Ended

February 3,
2023

January 28,
2022

Change

February 3,
2023

January 28,
2022

Change

Infrastructure Solutions Group (ISG):

Net revenue:

Servers and networking

$           4,940

$           4,720

5 %

$         20,398

$         17,901

14 %

Storage

4,965

4,499

10 %

17,958

16,465

9 %

Total ISG net revenue

$           9,905

$           9,219

7 %

$         38,356

$         34,366

12 %

Operating Income:

ISG operating income

$           1,543

$           1,102

40 %

$           5,045

$           3,736

35 %

% of ISG net revenue

15.6 %

12.0 %

13.2 %

10.9 %

% of total reportable segment operating income

70 %

49 %

57 %

46 %

Client Solutions Group (CSG):

Net revenue:

Commercial

$         10,697

$         12,891

(17) %

$         45,556

$         45,576

0 %

Consumer

2,664

4,438

(40) %

12,657

15,888

(20) %

Total CSG net revenue

$         13,361

$         17,329

(23) %

$         58,213

$         61,464

(5) %

Operating Income:

CSG operating income

$               671

$           1,157

(42) %

$           3,824

$           4,365

(12) %

% of CSG net revenue

5.0 %

6.7 %

6.6 %

7.1 %

% of total reportable segment operating income

30 %

51 %

43 %

54 %

                                                       Amounts are based on underlying data and may not visually foot due to rounding.