💻 Dell announced results, record orders and an interesting outlook!
Dell Technologies $DELL proves that it is not just an electronics manufacturer, but a strategic player in enterprise IT infrastructure. Although earnings for the first fiscal quarter fell slightly short of expectations, sales beat estimates and the outlook for the next period was a pleasant surprise.

📊 Important numbers (Q1 FY26):
Revenue: USD 23.38 billion (expectations: USD 23.14 billion)

Earnings per share (non-GAAP): $1.55 ($1.69 expected)

Q2 Outlook:

Earnings per share: $2.25 (well above expectations)

Revenue: USD 28.5-29.5 billion

🤖 Artificial Intelligence as a growth driver
Dell reports "huge demand" for AI systems based on Nvidia chips, especially from cloud providers.

Currently, the company has confirmed in its portfolio AI orders worth US$14.4 billionof which USD 12.1 billion were secured in this quarter alone. These orders will translate into revenue in subsequent periods.

The company also raised its full-year earnings guidance to USD 9.40 per share, an increase of 10 cents higher than before.

🧱 Business growth:
Infrastructure Solutions Group (servers, network elements, data storage):
Revenue: $10.3 billion +12% YoY

Of which USD 6.3 billion was servers and networks

Client Solutions Group (PCs and Laptops):
Sales: USD 12.5 billion

Recovering global PC market contributes to growth

💰 Strong return on capital:
Q1 FY26: US$2.4bn in dividends and buybacks

Full FY25: US$2.58bn on buybacks

Dell thus strengthening its position not only in AI, but also not forgetting its shareholders. The company is transforming from a hardware manufacturer to a provider of end-to-end AI solutions. Orders for AI systems are in the billions, indicating long-term positive growth. The recovering PC market complements the company's strong performance, which is benefiting from business diversification.

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