secwatch.observer — SEC 8-K summary
======================================

Issuer:     Dell Technologies Inc. (DELL)
CIK:        0001571996
Form:       8-K
Filed at:   2025-05-29T23:59:59+00:00
Accession:  0001571996-25-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1571996/000157199625000046/0001571996-25-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1571996/000157199625000046/dell-20250529.htm
  HTML page:      https://secwatch.observer/filing/0001571996-25-000046

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer