Dell revenue from enterprise solutions and services was $18.6 billion for fiscal year and $4.9 billion for Q4.
Its operating income for the quarter stood at $931 million, or 5.8 percent of revenue. For the fiscal year, operating income was $4.4 billion.
Cash flow from operations in the quarter recorded at$1.8 billion, and Dell ended Q4 with $18.2 billion in cash and investments.
Dell Services revenue grew 12 percent to $2.2 billion and represented 14 percent of Dell’s business. The company said that Dell-owned storage grew 33 percent to $463 million, led by offerings based on Dell-owned intellectual property, including Compellent, which had sequential growth of more than 60 percent.
Server and networking revenue grew 6 percent.
Dell’s large enterprise revenue increase by 5 percent and stood at $4.9 billion in the quarter. Services revenue increased 18 percent. Revenue for the full year was $18.5 billion, up 4 percent from the previous year.
Public revenue was $3.9 billion, a 1 percent decrease. The segment was affected by continued weakness in U.S. Federal and Western Europe.
Small and Medium Business revenue grew 6 percent to $4 billion. SMB’s Enterprise solutions and services revenue was up 18 percent during the quarter to an all-time high of $1.2 billion.
Consumer revenue was $3.2 billion, a 2 percent decline for the quarter. Revenue weakness was largely concentrated in the United States, while revenue from non-U.S. countries grew 10 percent, the company added.
Dell’s revenue from Asia-Pacific and Japan region grew 10 percent – including 15 percent growth from China – and EMEA increased 8 percent in the quarter.
For Q1, the company expects revenue to decline approximately 7 percent sequentially, which aligns with normal seasonality adjusted for the fourteenth week.
The expanding mix of revenue and earnings from enterprise solutions and services is critical to our future. Our full-year results are a strong reflection of the significant progress we made this year on our strategic priorities,” said Brian Gladden, Dell chief financial officer.