DailyIQ
|
DELLDell Technologies Inc.

Earnings Release

Dell Technologies Inc.'s latest earnings press release, filed Sep 1, 2026, scored line by line for tone, guidance and what changed since the prior release.

Guidance raised30 lines scoredFiled Sep 1, 2026SEC 8-K · Exhibit 99
Release Tone
93
UPBEAT
GuidanceGuidance raisedWhat this release does to the company's outlook
Tone change▲ 0.1pointsvs the prior release (May 28, 2026)
Hedging language0.00per 100 words▼ 0.27 vs prior
New this quarter14of 30 linesWording that was not in the prior release

The lines that matter most

Ranked by how material, how strongly worded and how new each sentence is.

  1. 1

    With AI momentum accelerating and our opportunity expanding across the portfolio, we’re raising our full-year FY27 revenue outlook by $25 billion to $192 billion, up nearly 70% year over year.”

    Guidance raisedNew this quarter
  2. 2

    Full-year FY27 EPS guidance of $24.37 and non-GAAP EPS guidance of $25.50, up 181% and 148% year over year, respectively

    New this quarter
  3. 3

    “That’s clearest in our AI server business where we booked a record $60.9 billion in orders, recognized a record $16.4 billion in revenue and exited the quarter with a record $95 billion backlog.

    New this quarter
  4. 4

    We’re seeing broader revenue growth as well, with traditional servers and networking up 122%, storage up 26% and our client solutions up 20% year over year.

    New this quarter
  5. 5

    “In our second quarter, we delivered record revenue of $47 billion, record EPS and a record $4.3 billion returned to shareholders,” said David Kennedy, chief financial officer, Dell Technologies.

  6. 6

    Full-year FY27 revenue guidance of $192.0 billion, up 69% year over year

  7. 7

    Dell Technologies returned a record $4.3 billion to shareholders in the second quarter through share repurchases and dividends.

  8. 8

    Record second-quarter Storage revenue: $4.9 billion, up 26% year over year

Release by release

Tone and guidance for the last 2 earnings releases.

  1. Sep 1, 2026Guidance raised92.5+0.1
  2. May 28, 2026Guidance raised92.4

Bar length: tone on a 50–98 scale.

The release, annotated

1Highlight rankPositive toneNeutralNegative toneDimmed text: low materiality
Results
Record revenue of $47.0 billion, up 58% year over year
Record diluted earnings per share (EPS) of $6.34, up 273% year over year, and record non-GAAP diluted EPS of $7.04, up 203%
Cash flow from operations of $2.2 billion
Outlook
6Full-year FY27 revenue guidance of $192.0 billion, up 69% year over year
2Full-year FY27 EPS guidance of $24.37 and non-GAAP EPS guidance of $25.50, up 181% and 148% year over year, respectively
Management commentary
“IT environments have shifted from cost centers to value drivers that fuel growth and competitive advantage, and customers are investing accordingly – creating opportunity across our portfolio,” said Jeff Clarke, vice chairman and chief operating officer, Dell Technologies.
3“That’s clearest in our AI server business where we booked a record $60.9 billion in orders, recognized a record $16.4 billion in revenue and exited the quarter with a record $95 billion backlog.
4We’re seeing broader revenue growth as well, with traditional servers and networking up 122%, storage up 26% and our client solutions up 20% year over year.
Our second quarter results underscore the compounding benefits of our competitive advantages, the breadth of our portfolio and the strength of our operating model.”
5“In our second quarter, we delivered record revenue of $47 billion, record EPS and a record $4.3 billion returned to shareholders,” said David Kennedy, chief financial officer, Dell Technologies.
“Our advantages reinforce one another, and throughout the quarter we used these strengths to drive growth, share gains, profitability and cash generation.
1With AI momentum accelerating and our opportunity expanding across the portfolio, we’re raising our full-year FY27 revenue outlook by $25 billion to $192 billion, up nearly 70% year over year.”Guidance raised
Results
Record revenue: $31.8 billion, up 89% year over year
Record AI-Optimized Servers revenue: $16.4 billion, up 100% year over year
Record Traditional Servers and Networking revenue: $10.5 billion, up 122% year over year
8Record second-quarter Storage revenue: $4.9 billion, up 26% year over year
Record operating income: $4.8 billion, up 225% year over year
Revenue: $15.0 billion, up 20% year over year
Record Commercial Client revenue: $13.2 billion, up 22% year over year
Consumer revenue: $1.8 billion, up 7% year over year
Operating income: $1.1 billion, up 42% year over year
Capital return
Capital Return
7Dell Technologies returned a record $4.3 billion to shareholders in the second quarter through share repurchases and dividends.
Additionally, on Sept. 1 the company’s board of directors declared a quarterly cash dividend of $0.63 per common share, which will be payable on Oct. 30 to shareholders of record as of Oct. 20.
Outlook
Guidance Summary
(in billions, except percentages and per share amounts)
Third-Quarter Guidance
Full-Year Guidance
Second Quarter Fiscal 2027 Financial Results
Results
Operating Segments Results
40 boilerplate lines (safe-harbor disclaimer, contacts, call details) are set aside.

How this is scored

  • Source: the press release Dell Technologies Inc. filed with the SEC as Exhibit 99 to Form 8-K (Item 2.02). Financial statements and boilerplate are set aside.
  • Tone: a financial sentiment model scores each sentence 0 to 100; the release score weights sentences by how material they are.
  • Materiality and guidance: a classifier judges whether each sentence is specific information, and what the release does to the outlook.
  • New this quarter: wording that does not appear in the prior release.
  • Hedging: uncertainty words (may, could, approximately, headwinds and similar) per 100 words of narrative.

These scores describe the release's language. They are not a forecast or a recommendation. Read the original filing

Back to DELL overview