---
schema_version: "secwatch.filing_event.v1"
accession: "0001571996-25-000096"
form_type: "8-K"
ticker: "DELL"
cik: "0001571996"
company_name: "Dell Technologies Inc."
filed_at: "2025-08-28T23:59:59+00:00"
generated_at: "2026-05-17T09:27:24.218304+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Dell Q2 FY26 revenue $29.8B record, +19% YoY; raises AI server guidance to $20B

## Summary
- Record Q2 revenue $29.8B (+19% YoY); GAAP EPS $1.70 (+38%), non-GAAP EPS $2.32 (+19%).
- ISG servers & networking revenue $12.9B (+69%); AI solutions shipments $10B in H1, FY26 target raised to $20B.
- Operating cash flow $2.5B (+90% YoY); returned $1.3B to shareholders via buybacks and dividends.
- Full-year FY26 revenue guidance midpoint $107B (+12%); Q3 revenue midpoint $27B (+11%).
- Non-GAAP operating income $2.3B (+10%); CSG revenue $12.5B (+1%) with commercial up 2%.

## SEC filing metadata
- accession: 0001571996-25-000096
- form_type: 8-K
- ticker: DELL
- cik: 0001571996
- company_name: Dell Technologies Inc.
- filed_at: 2025-08-28T23:59:59+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/1571996/000157199625000096/0001571996-25-000096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571996/000157199625000096/dell-20250828.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001571996-25-000096
- JSON: https://secwatch.observer/filing/0001571996-25-000096.json
- Plain text: https://secwatch.observer/filing/0001571996-25-000096.txt

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