Dell Technologies Inc. (NYSE:DELL) posted its fiscal year 2027 second-quarter results after Tuesday’s closing bell, beating expectations across the board. Here’s a look at the details inside the report.
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Dell Q2 Details
Dell Technologies reported an adjusted/non-GAAP diluted EPS of $7.04 per share, which blew past the consensus estimate of $4.91 by 43.38%.
Quarterly revenue came in at $46.97 billion, which beat the Street estimate of $44.95 billion and was up from $29.78 billion in the same period last year.
Dell reported the following second-quarter segment results:
Infrastructure Solutions Group (ISG)
- Record revenue: $31.8 billion, up 89% year-over-year
- Record AI-Optimized Servers revenue: $16.4 billion, up 100% year-over-year
- Record Traditional Servers and Networking revenue: $10.5 billion, up 122% year-over-year
- Record second-quarter Storage revenue: $4.9 billion, up 26% year-over-year
- Record operating income: $4.8 billion, up 225% year-over-year
Client Solutions Group (CSG)
- Revenue: $15 billion, up 20% year over year
- Record Commercial Client revenue: $13.2 billion, up 22% year-over-year
- Consumer revenue: $1.8 billion, up 7% year-over-year
- Operating income: $1.1 billion, up 42% year-over-year
“IT environments have shifted from cost centers to value drivers that fuel growth and competitive advantage, and customers are investing accordingly — creating opportunity across our portfolio,” said COO Jeff Clarke.
“That’s clearest in our AI server business where we booked a record $60.9 billion in orders, recognized a record $16.4 billion in revenue and exited the quarter with a record $95 billion backlog,” Clarke added.
Looking Ahead
Dell expects third-quarter adjusted EPS of $6.50, versus the $4.49 analyst estimate, and revenue of $49 billion, versus the $41.43 billion estimate.
DELL Stock Price: According to data from Benzinga Pro, Dell stock was up 8.47% to $461 in Tuesday’s extended trading.
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