According to the Zhitong Finance App, Lenovo Holdings (03396) announced 2026 interim results, with revenue of 362,935 billion yuan, an increase of 28.89% over the previous year. The net profit of the company's equity holders was 2.23 billion yuan, an increase of 219.03% over the previous year. Basic earnings per share were $0.95.
According to the announcement, during the reporting period, the industrial operation sector achieved revenue of 360,839 billion yuan, an increase of 29% over the previous year. Mainly due to Lenovo Group seizing opportunities for the rise of hybrid artificial intelligence, the three major business revenues achieved double-digit growth, and the rapid revenue growth brought about by the successive commissioning of several major Lianhong Xinke projects
The Lenovo Group firmly grasped the opportunities for the rise of hybrid artificial intelligence. The three major business revenues all achieved double-digit growth in the first two quarters, and all hit record highs in the same period in history. Among them, the competitive advantage of the PC business continues to consolidate, widening the market share gap compared to the second largest in the industry for ten consecutive quarters. The global PC market share reached 24.2% in the latest quarter, and the AI PC market share reached 25.1%; smartphone business revenue achieved steady growth and reached a record high. The infrastructure solutions business ushered in explosive growth. Revenue increased sharply by 62% year on year. AI server order reserves reached 54 billion US dollars at the end of the second quarter. Revenue from both the cloud infrastructure and enterprise infrastructure sectors achieved rapid growth, operating margins increased to 6.9%, and business profitability improved markedly. The development quality of the solution service business continued to be optimized. Revenue increased 19% year on year, and operating margin increased to 23.3%, a record high; AI service revenue achieved a three-digit year-on-year increase. Currently, artificial intelligence has become the core growth engine of the Lenovo Group. Revenue related to artificial intelligence increased 64% year over year, accounting for 36%.