Dell Technologies Inc. (DELL) Q3 2025 Earnings Call Transcript

Dell Technologies Inc. (NYSE:DELL) Q3 2025 Earnings Conference Call November 26, 2024 4:30 PM ET

Company Participants

Paul Frantz - Head of Investor Relations
Jeff Clarke - Vice Chairman and Chief Operating Officer
Yvonne McGill - Chief Financial Officer

Conference Call Participants

Amit Daryanani - Evercore ISI
Toni Sacconaghi - Bernstein
Aaron Rakers - Wells Fargo
David Vogt - UBS
Erik Woodring - Morgan Stanley
Wamsi Mohan - Bank of America
Ben Reitzes - Melius Research
Asiya Merchant - Citi
Mehdi Hosseini - SIG
Krish Sankar - TD Cowen
Michael Ng - Goldman Sachs
Samik Chatterjee - JPMorgan
Simon Leopold - Raymond James
Steven Fox - Fox Advisors
Tim Long - Barclays

Operator

Ladies and gentlemen, good afternoon, and welcome to the Fiscal Year 2025 Third Quarter Financial Results Conference Call for Dell Technologies Inc.

I'd like to inform all participants this call is being recorded at the request of Dell Technologies. This broadcast is copyrighted property of Dell Technologies Inc. Any rebroadcast of this information in whole or part without the prior written permission of Dell Technologies is prohibited. Following prepared remarks, we will conduct a question-and-answer session. [Operator Instructions]

I'd like to turn the call over to Paul Frantz, Head of Investor Relations. Mr. Frantz, you may begin.

Paul Frantz

Thanks everyone for joining us. With me today are Jeff Clarke, Yvonne McGill and Tyler

Johnson. Our earnings materials are available on our IR website and I encourage you to review these materials.

Also, please take some time to view the presentation which includes additional content to complement our discussion this afternoon. Guidance will be covered on today's call. During this call, unless otherwise indicated, all references to financial measures refer to non-GAAP financial measures, including non-GAAP gross margin, operating expenses, operating income, net income, diluted earnings per share, free cash flow, and adjusted free cash flow.