Dell reports record FY26 revenue $113.5B (+19%), raises dividend 20%, guides FY27 rev $140B

Dell Technologies Inc.

2026-FY EPS reported $8.68 revenue$113,538,000,000

Record FY26 revenue $113.5B (+19% YoY); diluted EPS $8.68 (+36%); non-GAAP diluted EPS $10.30 (+27%).
Q4 FY26 revenue $33.4B (+39% YoY); diluted EPS $3.37 (+57%); non-GAAP diluted EPS $3.89 (+45%).
ISG Q4 revenue $19.6B (+73%); AI-optimized servers Q4 rev $9.0B (+342%); record backlog $43B.
Dividend increased 20%; $10B added to share repurchase; returned $7.5B to shareholders in FY26.
FY27 guidance: revenue $138-142B (+23% midpoint); GAAP diluted EPS $11.52 (+33%); AI server rev ~$50B (+103%).

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