Dell Technologies Reports Strong Q1 Fiscal 2026 Results

Dell Technologies ( (DELL) ) has released its Q1 earnings. Here is a breakdown of the information Dell Technologies presented to its investors.

Dell Technologies, a leader in digital transformation and AI solutions, has reported its financial results for the first quarter of fiscal 2026, showcasing a robust performance across its core business segments. The company is renowned for its comprehensive technology and services portfolio, catering to both organizations and individuals in the AI era.

In the latest earnings release, Dell Technologies announced a first-quarter revenue of $23.4 billion, marking a 5% increase compared to the previous year. The company also highlighted a significant growth in operating income, which rose by 21% year over year, and a notable increase in non-GAAP operating income by 10%. Despite a flat diluted EPS of $1.37, the non-GAAP diluted EPS saw a 17% rise, reflecting the company’s strong financial health.

Key financial metrics from the report include a record cash flow from operations of $2.8 billion and a substantial return of $2.4 billion to shareholders. The Infrastructure Solutions Group (ISG) reported a 12% revenue increase, driven by a 16% rise in servers and networking revenue. Meanwhile, the Client Solutions Group (CSG) experienced a 5% revenue growth, with commercial client revenue up by 9%, although consumer revenue declined by 19%.

Dell Technologies’ strategic focus on AI has resulted in unprecedented demand for its AI-optimized servers, with $12.1 billion in AI orders this quarter alone. The company has set a positive outlook for the fiscal year, expecting full-year revenue between $101.0 billion and $105.0 billion, and projecting a significant increase in both GAAP and non-GAAP diluted EPS.

Looking ahead, Dell Technologies remains optimistic about its growth trajectory, with expectations of continued revenue and earnings growth in the upcoming quarters. The company’s strategic initiatives and strong market demand for its AI solutions are anticipated to drive further success in fiscal 2026.