- Dell reported record Q2 revenue of $46.97 billion, up 58% year over year, with GAAP diluted EPS of $6.34, up 273%.
- Infrastructure Solutions Group revenue jumped 89% to $31.8 billion, while AI-optimized server revenue doubled to $16.4 billion.
- Dell raised FY27 revenue guidance to $192.0 billion and projected FY27 AI-optimized server revenue of $74 billion, up from $60 billion previously.
- AI-server orders reached $60.9 billion in Q2, with a $95 billion backlog exiting the quarter; Dell also cited more than $130 billion in AI-server orders over the past 12 months.
Quotes
“Customers are increasingly viewing IT as a value driver and are increasing investments, which is benefitting Dell's business segments and contributing to revenue growth.”