Dell Technologies Reports Record Revenue Driven by Strong AI Server Demand
Dell Technologies reported record revenue of $46.97 billion in its fiscal second quarter, driven primarily by strong demand for AI-optimized servers and a significant increase across multiple business segments. The company exceeded analyst expectations with adjusted earnings per share (EPS) at $7.04—up 203% year-over-year—and raised its full-year revenue forecast to approximately $192 billion from the previous estimate of around $167 billion. Dell's Infrastructure Solutions Group saw a massive surge in sales, with AI-optimized servers alone contributing $16.40 billion—double that of last year. The company also reported an impressive backlog of $95 billion for its AI server segment at the end of Q2 FY27. In addition to these gains, Dell's Client Solutions Group saw a 20% increase in revenue compared with the prior year.
Tickers: $DELL