Dell Technologies Reports Record Revenue and Earnings Amid Strong AI Demand
Dell Technologies (NYSE: DELL) reported record financial results for its fiscal second quarter of 2027, with revenue surging to $47 billion — a 58% increase year over year. The company also delivered adjusted diluted earnings per share (EPS) of $7.04, up 203%, far exceeding analyst expectations. This performance was driven by strong demand for AI servers and data center modernization efforts. Dell's Infrastructure Solutions Group saw revenue rise to a record $31.8 billion — an 89% increase year over year — with AI-optimized server revenue doubling to $16.4 billion. The company also reported a significant backlog of $95 billion in orders, up eightfold from the previous year. Looking ahead, Dell raised its full-year guidance and expects continued momentum into next year. Despite this rapid growth, shares remain relatively affordable at 22 times forward earnings.
Tickers: $DELL
Topics: AI margins revenue_growth server_sales