Dell Reports Record Revenue Driven By AI

Dell reported record annual revenue of $113.5 billion in its fiscal year ending Jan. 30, 2026, a 19% increase driven by demand for AI infrastructure. Its Infrastructure Solutions Group revenue rose 40%; Dell expects AI-optimized server sales to grow 103% and deliver $50 billion this fiscal year, entering FY27 with a $43 billion AI server backlog, signaling sustained enterprise demand.