BriefIQ Markets · 8-K

Record Q2 results and AI backlog materially strengthen growth and valuation expectations

SEC filed 01-Sep-2026 BriefIQ published 01-Sep-2026 20:29

Key Facts

Management said Dell’s AI server business booked record orders of $60.9 billion, recognized record revenue of $16.4 billion, and ended the quarter with a record $95 billion backlog.
Dell raised its full-year FY27 revenue outlook by $25 billion to $192.0 billion, with the company reporting growth of 69% year over year in the guidance summary.
Dell returned a record $4.3 billion to shareholders in the second quarter and declared a quarterly cash dividend of $0.63 per common share payable on Oct. 30.

Dell said its AI server business booked a record $60.9 billion in orders, recognized $16.4 billion in revenue, and ended the quarter with a $95 billion backlog.
The Infrastructure Solutions Group generated record second-quarter revenue of $31.8 billion, including $16.4 billion from AI-optimized servers, while the Client Solutions Group generated $15.0 billion of revenue.

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