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

Three Months Ended

Nine Months Ended

November 3, 2023

October 28, 2022

Change

November 3, 2023

October 28, 2022

Change

Infrastructure Solutions Group (ISG):

Net revenue:

Servers and networking

$      4,656

$   5,201

(10) %

$   12,767

$ 15,458

(17) %

Storage

3,843

4,429

(13) %

11,786

12,993

(9) %

Total ISG net revenue

$      8,499

$   9,630

(12) %

$   24,553

$ 28,451

(14) %

Operating Income:

ISG operating income

$      1,069

$   1,374

(22) %

$     2,858

$    3,502

(18) %

% of ISG net revenue

12.6 %

14.3 %

11.6 %

12.3 %

% of total reportable segment operating income

54 %

56 %

51 %

53 %

Client Solutions Group (CSG):

Net revenue:

Commercial

$      9,835

$ 10,747

(8) %

$   30,251

$ 34,859

(13) %

Consumer

2,441

3,028

(19) %

6,950

9,993

(30) %

Total CSG net revenue

$   12,276

$ 13,775

(11) %

$   37,201

$ 44,852

(17) %

Operating Income:

CSG operating income

$         925

$   1,060

(13) %

$     2,786

$    3,153

(12) %

% of CSG net revenue

7.5 %

7.7 %

7.5 %

7.0 %

% of total reportable segment operating income

46 %

44 %

49 %

47 %

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