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Dell Reports Record Q2 Results as Agentic AI Boosts AI Orders

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Sig3.60Sen+7.20Env-1.20Soc+0.20Gov+0.30

Dell Technologies reported record fiscal Q2 2027 results, with revenue up 58% year over year to $47 billion and non-GAAP EPS of $7.04. Infrastructure Solutions Group led, driven by AI server demand and growing infrastructure spend. Dell said agentic workloads are increasing needs for CPU compute and storage, with AI deployments requiring extensive designs for performance, power, and cooling, alongside enterprise upgrades to aging servers and networking.

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