Dell Technologies(US:DELL) Xin Lang Cai Jing·2026-02-27 01:01Core Viewpoint - Dell Technologies Group reported record revenue and earnings for fiscal year 2026, driven by strong demand for AI-optimized servers and a robust product portfolio [1][2][5]. Financial Performance - For fiscal year 2026, Dell achieved revenue of $113.5 billion, a 19% increase year-over-year, marking a historical high [1][4]. - The diluted earnings per share for the year were $8.68, up 36% from the previous year, while non-GAAP diluted earnings per share rose 27% to $10.30 [1][4]. - In Q4 of fiscal year 2026, revenue reached $33.4 billion, a 39% increase year-over-year, contributing to a record annual revenue [3][6]. Business Segments - The Infrastructure Solutions Group (ISG) generated $60.8 billion in revenue for the year, a 40% increase, with an operating profit of $7.1 billion, up 27% [2][5]. - In Q4, ISG revenue was $19.6 billion, a 73% increase, with AI-optimized server revenue reaching $9 billion, a staggering 342% increase [2][5]. - The Client Solutions Group (CSG) reported $51 billion in revenue for the year, a 5% increase, but operating profit decreased by 5% to $2.8 billion [3][6]. Future Guidance - For fiscal year 2027, Dell projects revenue growth of 23% and diluted earnings per share growth of 33%, with non-GAAP diluted earnings per share expected to grow by 25% [1][5]. - The company announced a 20% increase in cash dividends and a $10 billion increase in stock repurchase authorization [1][5].