Michael Dell, chairman and CEO of Dell Inc., spoke at the Dell Technology World Conference on Monday, May 20, 2024, in Las Vegas, Nevada.
Bridget Bennett | Bloomberg | Getty Images
Dell The fourth quarter sales reportedly failed to meet analyst estimates, but revenue exceeded Wall Street expectations.
This is how hardware companies agree to estimate consensus with LSEG:
- income: $23.9 billion, estimated at $24.55 billion
- EPS: $2.68, adjusted, estimated at $2.53.
Dell shares have so far less than 5% in 2025, but the company’s stock has more than doubled in the past two years due to the surge in demand for AI systems, usually based on AI systems. Nvidia Graphics processing chip. Dell sells NVIDIA-based servers to Elon Musk’s For example, XAI also said there were $4.1 billion orders for AI servers at the end of January.
Dell said it sold about $10 billion of AI-optimized servers in fiscal 2025 and is expected to sell about $15 billion of AI system sales this year.
Dell said that the current quarter of revenue will be between $22.5 billion and $23.5 billion, with an average estimate of $23.59 billion. The company directed $1.65 per share adjusted earnings, while analysts estimated it to be $1.76.
Dell expects revenue in fiscal 2026 to be between $100.1 billion and $100.5 billion, about LSEG estimated at $103.17 billion. The company said earnings per share for the full year were $9.30, with a maximum estimated at $9.23, the company said.
Net income increased to $1.21 billion or $1.66 per share in the same period last year to $1.53 billion, or $2.15 per share.
Dell raised its dividend by 18% and announced a $10 billion share buyback authorization.
Driven by the company’s Infrastructure Solutions Group (its server division), revenue grew 7% in the fourth quarter and sales rose 22% to $11.35 billion. This is under a street estimate of $11.7 billion in sales.
Dell’s Customer Solutions Group, its largest business, saw sales rise 5% to $11.88 billion due to a weak laptop market. StreetAccount is expected to earn $11.98 billion.
Dell revealed Thursday that it found that some of its suppliers gave credits not recorded or recorded at the wrong time. Dell said the impact was “not material”, adding that it recapitulated previous financial statements in 2024 and 2025.
“The company launched a survey showing that credit is generated by actions from certain employees who support limited suppliers, impacted the customer solutions group segment and exaggerated the cost of sales in fiscal 2024, compared with the cost of sales of approximately $148 million in 2025 for the nine months ended November 1, 2024, in 2025, the cost of sales was approximately $148 million in 2025,” Dell said. ”
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