DELL Q2 Earnings Beat Estimates, Strong AI Demand Aids Revenue Growth

DELL reported fiscal Q2 2027 earnings of $7.04 per share, beating estimates by 41.65%. Revenue surged 58% year-over-year to $46.97 billion, driven by explosive demand for AI infrastructure. The company logged a record $60.9 billion in AI server orders during the quarter.

Infrastructure Solutions Group revenue jumped 89% to $31.78 billion, reflecting enterprise appetite for AI compute capacity. DELL raised its full fiscal 2027 revenue guidance to $192 billion and now expects $74 billion in AI server revenue for the year.

The earnings beat and guidance raise signal DELL has positioned itself as a primary beneficiary of the AI infrastructure buildout currently underway across hyperscalers and enterprise customers. The 89% ISG growth rate and $60.9 billion AI server backlog underscore the durability of near-term demand.