Dell Q1 FY2027 revenue jumps 88% to $43.8B as AI server revenue rises 757%; outlook raised

Dell reported first-quarter fiscal 2027 revenue of $43.8 billion, up 88%, with AI-optimized server revenue up 757% to $16.1 billion and AI orders of $24.4 billion. Dell raised its fiscal 2027 revenue outlook to $165 billion-$169 billion and now expects about $60 billion of AI server revenue for the year, up from $50 billion.

• Revenue $43.8B, up 88%; ISG $29.0B (up 181%), CSG $14.6B (up 17%)
• GAAP diluted EPS $5.24; non-GAAP diluted EPS $4.86, up 214%
• AI-optimized server revenue $16.1B, up 757%; AI orders $24.4B
• FY2027 revenue outlook $165B-$169B; non-GAAP EPS $17.90 at midpoint
• FY2027 AI-optimized server revenue outlook raised to about $60B, up 144%
• Q1 operating cash flow $4.1B