canar.ai
Rankings/DELL/Q4 2024 Analysis

Dell Technologies

DELL
Q4 2024(DELL Q3 FY2025)Estimated15% AI
AI Revenue %
15%
AI Fair Value
$9.8B
AI Revenue (Q)
$9.9B
Total Revenue (Q)
$66.1B
Source: SEC EDGAR 10-Q Filing
View 10-Q on SEC.gov

Analysis

Q3 FY2025 (ended November 1, 2024). Total revenue $24,366M. The segment note is truncated in the extracted filing. Product revenue was $18,290M. Dell publicly stated AI server revenue was approximately $3.6B in this quarter. However, the SEC filing does not disclose this figure. $3,600M / $24,366M = 14.8%, rounded to 15.0%.
Analyzed by claude-opus-4-6

Quoted Figures

Total net revenue 24,366
10-Q Q3 FY2025, Condensed Consolidated Statements of Income
Products $ 18,290
10-Q Q3 FY2025, Condensed Consolidated Statements of Income

AI Products Identified (Ring 1)

PowerEdge XE9680PowerEdge XE8640PowerEdge R760xaPowerEdge XE9680L

AI-Enabled Items (Ring 2 — Not Counted)

These items use AI but are not counted in the AI revenue estimate because they primarily serve non-AI functions.

ISG servers and networkingISG storage

Confidence Tier

EstimatedNo direct AI revenue disclosure — estimated from product mix