Dell reported exceptional second-quarter fiscal 2027 results with revenue of $47.0 billion, up 58% year-over-year. The company immediately raised its full-year guidance to $192 billion, up from $167 billion, representing roughly 69% annual growth. Its AI-optimized server business generated $16.4 billion in the quarter, doubling year-over-year. Non-GAAP diluted earnings per share came in at $7.04, up 203%, with full-year EPS guidance set at $25.50. The AI backlog reached a record $95 billion, signaling sustained demand well into 2026 and beyond.
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