Core Viewpoint - Dell Technologies Group reported record financial results for the fiscal year 2026, driven by strong demand for AI-optimized servers and a robust operational performance [1][3][7]. Fiscal Year 2026 Performance Summary - Total revenue reached $113.5 billion, a 19% year-over-year increase, marking a historical high [3]. - Diluted earnings per share (EPS) were $8.68, up 36% year-over-year, with non-GAAP EPS at $10.30, a 27% increase, both achieving record highs [3]. - Operating cash flow for the year was $11.2 billion, also a record [4]. Fourth Quarter Performance Summary - Fourth quarter revenue was $33.4 billion, a 39% increase year-over-year, setting a new record [6]. - Diluted EPS for the fourth quarter was $3.37, up 57% year-over-year, with non-GAAP EPS at $3.89, a 45% increase, both reaching historical highs [6]. - Operating cash flow for the fourth quarter was $4.7 billion, a record high [7]. Shareholder Returns - The company announced a 20% increase in cash dividends and a $10 billion increase in stock repurchase authorization [5][18]. - Total shareholder returns for the year amounted to a record $7.5 billion, including the repurchase of approximately 54 million shares [18]. Fiscal Year 2027 Guidance - For fiscal year 2027, revenue is projected to grow by 23%, with an expected range of $138 billion to $142 billion, and a midpoint estimate of $140 billion [5][19]. - Diluted EPS is expected to increase by 33%, with a midpoint estimate of $11.52, while non-GAAP EPS is projected to grow by 25% to $12.90 [20]. - The first quarter of fiscal year 2027 is expected to see revenue between $34.7 billion and $35.7 billion, representing a 51% year-over-year increase [21].