Dell Technologies: Fiscal 2026 Performance Hits Record High, Strong Revenue Guidance for Next Quarter

Dell Technologies has announced its financial results for the fourth quarter and full fiscal year 2026, ending January 30, 2026, with multiple key metrics reaching record highs. The report shows that the company's fourth-quarter revenue hit a record high of $33.4 billion, with a 39% year-on-year increase; non-GAAP net income was $26.1 billion, up 36% year-on-year; and non-GAAP diluted earnings per share for the quarter reached a record high of $3.89, a 45% year-on-year increase.For the full year, Dell's annual revenue also set a new record at $113.5 billion, with a 19% year-on-year increase; non-GAAP net income reached $70.5 billion, up 36% year-on-year; and full-year non-GAAP diluted earnings per share hit a record high of $10.30, a 27% year-on-year increase. AI is driving a transformation for Dell. Dell forecasts first-quarter revenue for fiscal 2027 to be between $34.7 billion and $35.7 billion, up 51% year over year at the midpoint of $35.2 billion while full-year revenue is expected to range from $138 billion to $142 billion (approximately RMB 946.4-973.9 billion), up 23% year over year at the midpoint of $140.0 billion.