---
schema_version: "secwatch.filing_event.v1"
accession: "0001571996-25-000046"
form_type: "8-K"
ticker: "DELL"
cik: "0001571996"
company_name: "Dell Technologies Inc."
filed_at: "2025-05-29T23:59:59+00:00"
generated_at: "2026-05-20T05:49:51.844769+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dell Q1 FY2026 revenue $23.4B (+5% YoY); AI server orders $12.1B, exceeding FY25 total

## Summary
- Q1 revenue $23.4B (+5% YoY); GAAP diluted EPS $1.37 flat; non-GAAP diluted EPS $1.55 (+17%).
- ISG revenue $10.3B (+12%); servers & networking record $6.3B (+16%); storage $4.0B (+6%).
- AI-optimized server orders $12.1B in Q1, surpassing entire FY25; backlog $14.4B.
- Record Q1 cash from operations $2.8B; returned $2.4B to shareholders via buybacks & dividends.
- FY26 revenue guidance $101-105B (midpoint $103B, +8%); Q2 revenue guidance $28.5-29.5B.

## SEC filing metadata
- accession: 0001571996-25-000046
- form_type: 8-K
- ticker: DELL
- cik: 0001571996
- company_name: Dell Technologies Inc.
- filed_at: 2025-05-29T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1571996/000157199625000046/0001571996-25-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571996/000157199625000046/dell-20250529.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001571996-25-000046
- JSON: https://secwatch.observer/filing/0001571996-25-000046.json
- Plain text: https://secwatch.observer/filing/0001571996-25-000046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.