Dell increased annual revenue forecasts and profit due to high demand for servers for artificial intelligence (AI). The equipment operates on NVIDIA chips and is used by customers, including Ilona Ilona Mask XAI and Coreweave.
In the second quarter, Dell shipped a record $ 8.2 billion in the form of AI servers with a total of orders of $ 5.6 billion. The current portfolio of unfulfilled orders reached $ 11.7 billion. The company expects the revenue from the supply of II servers in the 2026 fiscal year against the previous forecast of $ 15 billion.
The annual revenue forecast is increased to the $ 105-109 billion range from the previous $ 101–105 billion. The forecast for adjusted profit to the share was increased to $ 9.55 ° C 9.40. At the same time, the forecast arrived for the third quarter of $ 2.45 per share was lower than the expectations of analysts.
The revenue for the second quarter amounted to $ 29.78 billion with the expected $ 29.17 billion. The adjusted profit per share reached $ 2.32, slightly exceeding forecasts. However, profitability fell to 18.7% against 19.6% a year earlier due to the high cost of production and competition.
The infrastructure solutions unit showed an increase in revenue by 44%, while the Client solutions, including the PC, grew by only 1%.
