Dell Technologies Reports Record Revenue and Earnings Per Share in Q2 2027
Dell Technologies reported record revenue of $47 billion, representing an increase of 58% year-over-year for its second quarter of fiscal year 2027. The company also achieved a significant jump in earnings per share to $7.04, up by 203%. These results were driven by strong performance across the portfolio and efficient operating models that enabled faster growth in earnings compared to revenue. The call highlighted robust demand for Dell's solutions, particularly in AI servers where over $130 billion has been booked in orders within a year. Traditional server and networking segments also showed substantial revenue gains, nearly matching annual figures from previous years. Storage returned to growth with strong product demand, while CSG (Client Solutions Group) experienced its fastest growth rate in five years. Dell attributed the success to modernization efforts that improved efficiency and operating leverage, as well as a shift by customers who are now viewing IT environments as value drivers rather than cost centers. This change has led to expanded budgets for continued investment across various segments of Dell's offerings.
Tickers: $DELL