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Dell Q1 Revenue Grows 88%, AI Revenue Surges 757%, Shares Jump as Much as 40% After Hours

Dell Q1 Revenue Grows 88%, AI Revenue Surges 757%, Shares Jump as Much as 40% After Hours

TradingKey – After the market close on May 28, Dell Technologies ( DELL.US) released its first-quarter results for fiscal 2027, with core metrics crushing market expectations across the board. The news sent the after-hours stock price up more than 39% at one point, marking its largest gain since 2018, as AI demand continues to drive the company toward cash-machine-style growth.

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[Dell shares soar nearly 40% after hours, Source: Google Finance]

Dell’s Q1 report showed that revenue, profit, and cash flow all hit record highs. Q1 revenue was $43.8 billion, up 88% year-over-year, far exceeding analysts’ expectations of $35.5 billion.

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[Dell Q1 Earnings Report, Source: Dell Q1 Press Release ]

GAAP diluted earnings per share reached $5.24, up 282%…

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