Dell Technologies ( (DELL) ) has released its Q2 earnings. Here is a breakdown of the information Dell Technologies presented to its investors.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Dell Technologies, a leader in the technology sector, specializes in providing a broad range of innovative technology and services to help organizations and individuals build their digital future, particularly focusing on AI solutions.
In its latest earnings report for the second quarter of fiscal 2026, Dell Technologies announced record revenue of $29.8 billion, marking a 19% increase year over year. The company also highlighted its strong cash flow from operations and significant shareholder returns.
Key financial metrics from the report include an operating income of $1.8 billion, a 27% increase from the previous year, and a diluted EPS of $1.70, up 38%. The Infrastructure Solutions Group (ISG) experienced a 44% revenue increase, driven by a 69% surge in Servers and Networking revenue, while the Client Solutions Group (CSG) saw a modest 1% revenue growth.
Looking ahead, Dell Technologies expects continued growth, with full-year fiscal 2026 revenue projected to reach between $105.0 billion and $109.0 billion, and a non-GAAP diluted EPS of $9.55. The company remains optimistic about its AI solutions, raising its AI server shipment guidance to $20 billion for the fiscal year.