Did Dell beat earnings, and what is its AI server backlog?

Illustration of a server rack with a rising chart representing AI server backlog growth

After the close on September 1, 2026, Dell reported Q2 FY2027 (quarter ended July 31) revenue of $47 billion, up 58% year over year, beating the about $45.34 billion consensus. COO Jeff Clarke said the company booked a record $60.9 billion in AI orders and exited with a $95 billion AI server backlog. Dell raised FY2027 revenue guidance by $25 billion to $192 billion and AI-server revenue guidance to $74 billion. Shares rose about 7% after hours to $453.99.

Source: CRN



Leave a Comment