Dell Applied sciences has reported a web revenue of $1.54bn for the third quarter of fiscal 2026 (FY 2026), representing a 32% enhance in comparison with the $1.17bn posted in the identical interval final yr.
Web income for the reported quarter ended 31 October 2025 reached $27bn, up 11% from $24.3bn in Q3 FY25. Dell Applied sciences mentioned that this enhance was pushed by AI server shipments of $5.6bn.
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The corporate’s diluted earnings per share stood at $2.28, a 39% year-on-year enhance, whereas non-GAAP diluted EPS reached a file $2.59, up 17%.
Money stream from operations was reported at $1.2bn.
Infrastructure Options Group (ISG) delivered third-quarter income of $14.1bn, which is a 24% year-over-year enhance.
Inside ISG, Servers and Networking income grew 37% to $10.1bn, whereas storage income declined 1% to just about $4bn. ISG working revenue reached $1.7bn, up 16% on the yr.
Consumer Options Group (CSG) introduced in income of $12.5bn, a rise of three%. Business shopper income rose by 5% to $10.6bn, whereas shopper income dropped by 7% to $1.9bn.
The working revenue of CSG remained flat yr over yr at $748m.
In the course of the quarter, Dell Applied sciences returned $1.6bn to shareholders by means of share buybacks and dividends. Because the starting of the fiscal yr, whole capital returned reached $5.3bn with greater than 39 million shares repurchased.
Dell Applied sciences vice chairman and chief working officer Jeff Clarke mentioned: “AI momentum is accelerating within the second half of the yr, resulting in file AI server orders of $12.3bn and an unprecedented $30bn in orders yr to this point.
“Our five-quarter pipeline is multiples of our $18.4bn backlog with a mixture of neocloud, sovereign and enterprise clients.
“Dell is profitable in AI due to our distinctive skill to engineer bespoke high-performance options, quickly deploy massive, complicated clusters, and supply international help.”
Wanting ahead, Dell forecasts full-year fiscal 2026 income between $111.2bn and $112.2bn, up 17% on the midpoint versus final yr.
AI server shipments for the yr are estimated at round $25bn, which might be a rise of greater than 150%.
The corporate tasks GAAP diluted EPS for FY26 at $8.38 on the midpoint, up 31%, and non-GAAP diluted EPS at $9.92, up 22%.
For the fourth quarter of FY26, anticipated income is about between $31bn and $32bn with midpoint progress of 32%. Projected GAAP diluted EPS is $3.05 and non-GAAP diluted EPS is $3.50 at their respective midpoints.
Dell Applied sciences chief monetary officer David Kennedy mentioned: “Within the third quarter we delivered file Q3 income of $27bn, file Q3 profitability, sturdy money technology and above-trend capital return of $1.6bn.
“FY26 will probably be one other file yr, and we’re elevating our AI cargo steerage to roughly $25bn, up over 150% yr over yr, and income steerage to $111.7bn, up 17%.”
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