Although the revenue and EPS for Dell Technologies (DELL) give a sense of how its business performed in the quarter ended April 2026, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Dell's stock keeps serving up new highs.
Dell Technologies (DELL) came out with quarterly earnings of $4.86 per share, beating the Zacks Consensus Estimate of $3.04 per share. This compares to earnings of $1.55 per share a year ago.
Dell Technologies NYSE: DELL reported what executives described as a record fiscal 2027 first quarter, driven by surging demand for AI servers, traditional servers, storage and commercial PCs, while warning that component supply remains the main constraint on further growth.
The company's AI-server revenue was up 757% in the first quarter, while profit beat expectations by the widest margin in at least five years.
The technology company said its full-year revenue is now expected to reach $165 billion to $169 billion, up from a prior range of $138 billion to $142 billion.
Dell reported 88% year-over-year revenue growth, topping analysts estimates. The company is benefiting from demand for computer servers for artificial intelligence, as well as traditional servers and networking equipment.
Dell boosted its annual revenue and profit expectations on Thursday, showing data center expansion by clients is fueling demand for its AI-optimized servers that are powered by Nvidia's powerful chips.
Dell Technologies Inc (NASDAQ:DELL) shares rose about 7% on Wednesday after the US Department of Defense announced a five-year, approximately $9.7 billion enterprise software agreement involving Dell Federal Systems to provide and manage Microsoft-related software and cloud services for the US military and affiliated agencies. The contract, awarded following a competitive procurement process, will supply Microsoft 365, advanced cloud subscriptions, and on-premises licensing capabilities.
Shares of Dell Technologies DELL rose sharply in premarket trading on Wednesday after the Pentagon awarded the company a roughly $9.7 billion contract to help manage Microsoft software systems across the US military. Dell shares gained 3% ahead of the opening bell, extending a rally that has already seen the company's market value more than double this year.
Dell Technologies heads into fiscal first quarter earnings with ISG seen surging 100%+ on $13B AI server revenue, while CSG inches up amid PC rivalry.
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