Dell Technologies Inc. Q2 2027 Earnings Recap

DELL Q2 2027 September 3, 2026

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Dell’s shares rose 7.9% following a clear beat on AI and traditional server demand, with record bookings and broad-based revenue growth that outweighed any lingering supply constraints or mixed segment dynamics.

Earnings Per Share Beat

$7.04 vs $4.91 est.

+43.4% surprise

Revenue Beat

46971000000 vs 44890630000 est.

+4.6% surprise

Market Reaction

Post-Earnings +7.94%

Sep 3 to Sep 8 +3.39%

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Key Takeaways

Revenue surged 58% year-over-year to $47 billion, driven by record AI and traditional server sales.
AI orders hit a new high at $60.9 billion in the quarter, contributing to a $95 billion AI backlog.
Traditional server revenue increased 122%, fueled by strong refresh cycles and expanded use cases tied to AI workloads.
Operating income for ISG reached $4.8 billion with a 15% margin, reflecting operating leverage amid rising demand.
Storage showed renewed growth and Client Solutions Group experienced its fastest revenue growth rate in five years.

This summary was generated by AI from the official earnings call transcript and is provided for informational purposes only. It does not constitute financial advice. For the complete transcript and financial data, visit DELL on AllInvestView.