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UNAUDITED QUARTERLY RESULTS
 12 Months Ended
Feb. 01, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
UNAUDITED QUARTERLY RESULTS NOTE 22 — UNAUDITED QUARTERLY RESULTS

The following tables present selected unaudited consolidated statements of income (loss) for each quarter of the fiscal years ended February 1, 2019 and February 2, 2018. For the fiscal year ended February 2, 2018, unaudited quarterly results have been recast to reflect the adoption of the amended guidance on the recognition of revenue from contracts with customers.
 
Fiscal 2019
 
Q1
 
Q2
 
Q3
 
Q4 (a)
 
(in millions, except per share data)
Net revenue
$
21,356

 
$
22,942

 
$
22,482

 
$
23,841

Gross margin
$
5,878

 
$
6,123

 
$
5,943

 
$
7,109

 
 
 
 
 
 
 
 
Net income from continuing operations attributable to Class V Common Stock
$
470

 
$
320

 
$
165

 
$
240

Net loss from continuing operations attributable to DHI Group
(1,106
)
 
(819
)
 
(1,041
)
 
(539
)
Net loss from continuing operations attributable to Dell Technologies Inc.
$
(636
)
 
$
(499
)
 
$
(876
)
 
$
(299
)
Income (loss) from discontinued operations, net of income taxes
—

 
—

 
—

 
—

Net loss attributable to Dell Technologies Inc.
$
(636
)
 
$
(499
)
 
$
(876
)
 
$
(299
)
 
 
 
 
 
 
 
 
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
 
 
 
 
 
 
 
Continuing operations - Class V Common Stock - basic
$
2.36

 
$
1.61

 
$
0.83

 
$
1.21

Continuing operations - DHI Group - basic
$
(1.95
)
 
$
(1.44
)
 
$
(1.84
)
 
$
(0.86
)
Discontinued operations - DHI Group - basic
$
—

 
$
—

 
$
—

 
$
—

Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
 
 
 
 
 
 
 
Continuing operations - Class V Common Stock - diluted
$
2.33

 
$
1.58

 
$
0.81

 
$
1.19

Continuing operations - DHI Group - diluted
$
(1.95
)
 
$
(1.45
)
 
$
(1.84
)
 
$
(0.86
)
Discontinued operations - DHI Group - diluted
$
—

 
$
—

 
$
—

 
$
—

____________________
(a)
For the three months ended February 1, 2019, net income from continuing operations attributable to the Class V Common Stock represents net income attributable to the Class V Group from November 3, 2018 to December 27, 2018, the last date on which the Class V Common Stock was traded on the NYSE.
 
Fiscal 2018
 
Q1
 
Q2
 
Q3
 
Q4
 
(in millions, except per share data)
Net revenue
$
18,000

 
$
19,521

 
$
19,556

 
$
21,963

Gross margin
$
4,457

 
$
4,968

 
$
5,220

 
$
5,892

 
 
 
 
 
 
 
 
Net income (loss) from continuing operations attributable to Class V Common Stock
$
125

 
$
204

 
$
198

 
$
(196
)
Net income (loss) from continuing operations attributable to DHI Group
(1,296
)
 
(936
)
 
(1,044
)
 
96

Net loss from continuing operations attributable to Dell Technologies Inc.
$
(1,171
)
 
$
(732
)
 
$
(846
)
 
$
(100
)
Income (loss) from discontinued operations, net of income taxes
—

 
—

 
—

 
—

Net loss attributable to Dell Technologies Inc.
$
(1,171
)
 
$
(732
)
 
$
(846
)
 
$
(100
)
 
 
 
 
 
 
 
 
Earnings (loss) per share attributable to Dell Technologies Inc. - basic:
 
 
 
 
 
 
 
Continuing operations - Class V Common Stock - basic
$
0.60

 
$
1.00

 
$
0.98

 
$
(0.98
)
Continuing operations - DHI Group - basic
$
(2.29
)
 
$
(1.65
)
 
$
(1.84
)
 
$
0.17

Discontinued operations - DHI Group - basic
$
—

 
$
—

 
$
—

 
$
—

Earnings (loss) per share attributable to Dell Technologies Inc. - diluted:
 
 
 
 
 
 
 
Continuing operations - Class V Common Stock - diluted
$
0.59

 
$
1.00

 
$
0.96

 
$
(0.98
)
Continuing operations - DHI Group - diluted
$
(2.29
)
 
$
(1.66
)
 
$
(1.84
)
 
$
0.16

Discontinued operations - DHI Group - diluted
$
—

 
$
—

 
$
—

 
$
—