Dell Technologies Inc. · NYSE:DELL

Dell Technologies — Presentation (November 2021)

15 slides from Dell Technologies's investor presentation, Nov 5, 2021

1. Slide 1: Pro forma financial measures

   Pro forma financial measures Exhibit 99.2

2. Slide 2: Pro forma non-GAAP financial measures

   © Copyright 2021 Dell Inc. PRO FORMA NON-GAAP FINANCIAL MEASURES This presentation includes information about pro forma non-GAAP revenue, pro forma non-GAAP gross margin, pro forma non-GAAP operating expenses, pro forma non-GAAP selling, general, and administrative expenses, pro forma non-GAAP resea

3. Slide 3: Pro forma financial measures

   © Copyright 2021 Dell Inc. Pro forma financial measures1,2 1 Pro forma financial measures are computed assuming the VMware spin-off transaction occurred on the first day of Fiscal 2019 and include adjustments for discontinued operations related to VMware and material nonrecurring charges and credits

4. Slide 4: Pro forma financial measures

   © Copyright 2021 Dell Inc. Pro forma financial measures1,2 2 1 Pro forma financial measures are computed assuming the VMware spin-off transaction occurred on the first day of Fiscal 2019 and include adjustments for discontinued operations related to VMware and material nonrecurring charges and credi

5. Slide 5: Adjusted non-GAAP pro forma financial measures

   © Copyright 2021 Dell Inc. Adjusted non-GAAP pro forma financial measures1,2 2 1 Adjusted non-GAAP pro forma financial measures represent management estimates and are not presented in accordance with Regulation S-X Article 11. Unaudited pro forma financial information, presented in accordance with R

6. Slide 6: Adjusted non-GAAP pro forma financial measures

   © Copyright 2021 Dell Inc. 2 1 Adjusted non-GAAP pro forma financial measures represent management estimates and are not presented in accordance with Regulation S-X Article 11. Unaudited pro forma financial information, presented in accordance with Regulation S-X Article 11, is filed as Exhibit 99.1

7. Slide 7: Appendix A: Supplemental adjusted pro forma non-GAAP measures

   © Copyright 2021 Dell Inc. Appendix A Supplemental adjusted pro forma non-GAAP measures

8. Slide 8: Pro forma revenue and gross margin

   © Copyright 2021 Dell Inc. Supplemental adjusted pro forma non-GAAP measures1 Pro forma revenue and gross margin 1 Adjusted non-GAAP pro forma financial measures represent management estimates and are not presented in accordance with Regulation S-X Article 11. Unaudited pro forma financial informati

9. Slide 9: SG&A, R&D and operating expense

   © Copyright 2021 Dell Inc. Pro forma SG&A, R&D and operating expense 1 Adjusted non-GAAP pro forma financial measures represent management estimates and are not presented in accordance with Regulation S-X Article 11. Unaudited pro forma financial information, presented in accordance with Regulation

10. Slide 10: Operating income

    © Copyright 2021 Dell Inc. Pro forma operating income 1 Adjusted non-GAAP pro forma financial measures represent management estimates and are not presented in accordance with Regulation S-X Article 11. Unaudited pro forma financial information, presented in accordance with Regulation S-X Article 11,

11. Slide 11: Interest and other, net

    © Copyright 2021 Dell Inc. Pro forma interest and other, net 1 Adjusted non-GAAP pro forma financial measures represent management estimates and are not presented in accordance with Regulation S-X Article 11. Unaudited pro forma financial information, presented in accordance with Regulation S-X Arti

12. Slide 12: Net income

    © Copyright 2021 Dell Inc. Pro forma net income 12 1 Adjusted non-GAAP pro forma financial measures represent management estimates and are not presented in accordance with Regulation S-X Article 11. Unaudited pro forma financial information, presented in accordance with Regulation S-X Article 11, is

13. Slide 13: Net income attributable to Dell Technologies Inc.

    © Copyright 2021 Dell Inc. Pro forma net income attributable to Dell Technologies Inc. 13 1 Adjusted non-GAAP pro forma financial measures represent management estimates and are not presented in accordance with Regulation S-X Article 11. Unaudited pro forma financial information, presented in accord

14. Slide 14: Earnings per share - basic and diluted

    © Copyright 2021 Dell Inc. Pro forma earnings per share - basic and diluted 1 Adjusted non-GAAP pro forma financial measures represent management estimates and are not presented in accordance with Regulation S-X Article 11. Unaudited pro forma financial information, presented in accordance with Regu

15. Slide 15: Dell Technologies

    D@ALL Technologies

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