Dell Posts Record $47B Revenue on AI Surge as Tech Earnings Season Shows Selective Strength

Dell Posts Record $47B Revenue on AI Surge as Tech Earnings Season Shows Selective Strength

Dell Technologies reports Q2 record $47 billion revenue, up 58%, with AI server backlog hitting $95 billion and full-year guidance raised to $192 billion, headlining a mixed tech earnings batch alongside Zoomd, BuildDirect and Urbanise.

Key points

  • Dell posts record $47B Q2 revenue, +58%, with AI server backlog at $95B and guidance raised to $192B
  • 203% EPS surge demonstrates AI infrastructure operating leverage as enterprise deployments scale
  • Mixed tech earnings batch shows AI hardware winning; digital ad and SaaS platforms in selective recovery

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