Dell Heads Into Q2 With $51.3B AI Server Backlog and Margin Test
Dell Technologies plans to release fiscal second-quarter 2027 results on September 1, citing a $51.3 billion AI server backlog and demand continuing to outpace supply. In the fiscal first quarter ended May 1, revenue rose 88% to $43.8 billion, with AI-optimized server revenue at $16.1 billion (+757% year over year) and adjusted EPS of $4.86. Q2 guidance calls for $4.80±$0.10 EPS and $44B–$45B revenue, plus about $15.5 billion of AI-optimized server revenue.
Coverage (5)
- Hewlett Packard Enterprise Falls 5% as Supply Constraints Overshadow Raised Guidance, Super Micro Slips, Dell Holds Steady (247wallst.com)
- Hewlett Packard Enterprise Falls 5% as Supply Constraints Overshadow Raised Guidance, Super Micro Slips, Dell Holds Steady (finance.yahoo.com)
- Dell's $95 Billion Backlog Answers the AI Question (finance.yahoo.com)
- Dell Surges 9% on Record $95B AI Backlog, Hewlett Packard Enterprise Climbs 4%, Super Micro Ticks Up (247wallst.com)
- Dell Q2 Earnings Test: Record AI Backlog Meets Its First Margin Reckoning (techtimes.com)