{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"The Earnings Debate","title":"Dell Technologies Inc. (DELL) Announced Q2 2027 Earnings on September 1, 2026, Reporting \"Revenue was $47 billion, up 58%\"","html":"","width":"100%","height":180,"duration":1088,"description":"Dell Technologies Inc. reported its fiscal year 2027 second quarter financial results, stating that total revenue was up 58 percent to 47 billion dollars.\nGross margin dollars grew 78 percent to 9.9 billion dollars, with a gross margin rate of 21.1 percent.\nNon-GAAP operating income grew 160 percent to 5.9 billion dollars, representing 12.6 percent of revenue, and net income was up 189 percent to 4.6 billion dollars.\nRecord quarterly diluted earnings per share increased 203 percent to 7.04 dollars.\nThe company delivered cash flow from operations of 2.2 billion dollars and adjusted free cash flow of 8.1 billion dollars for the quarter. It also returned an all-time record of 4.3 billion dollars to shareholders, which included repurchasing 9.5 million shares at an average price of 401 dollars per share and paying a dividend of approximately 0.63 dollars per share.\nWithin business segments, the Infrastructure Solutions Group delivered record revenue of 31.8 billion dollars, up 89 percent.\nThis performance was driven by the artificial intelligence business, where the company booked a record 60.9 billion dollars in AI orders, recognized 16.4 billion dollars in AI server revenue, and exited the quarter with a record 95 billion dollars of AI backlog.\nTraditional server and networking revenue was 10.5 billion dollars for the quarter, up 122 percent, while storage revenue was 4.9 billion dollars, up 26 percent.\nThe Client Solutions Group posted revenue of 15 billion dollars, up 20 percent, driven by commercial revenue of 13.2 billion dollars, up 22 percent, and consumer revenue of 1.8 billion dollars, up 7 percent. In managing supply chain conditions, executive Jeffrey Clarke highlighted that component constraints persist, stating that the constraints remain the same with DRAM followed by NAND.Regarding strategic initiatives, products, and partnerships, the company expanded its customer base, noting its AI customer count has surpassed 6,500.\nDell announced it became the...","thumbnail_url":"https://img.transistorcdn.com/xJuh_6koFF8CKKFzV-oIB_PzOA86GyxN802qWUMHjC4/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS80ODli/Mjg2OGQ5YjVkMzU2/Yjg0NzMxNTJiZGRj/NzFjOC5qcGVn.webp","thumbnail_width":300,"thumbnail_height":300}