Dell Technologies Soars 22% on 29% Annual Profit Gain and 20% Dividend Hike
Dell Technologies stock jumped 21.93% to $148.08 after reporting fiscal 2026 net income of $5.9B, up 29%, on revenues of $113.5B, up 19%. Q4 profit rose 47% to $2.26B on $33.38B revenue, and the company raised its dividend 20% to $2.52 while adding a $10B buyback.
1. Stock Surge on Earnings Beat
Dell shares climbed 21.93% to close at $148.08 after the company reported results that significantly outperformed expectations.
2. Fiscal 2026 Full-Year Results
Net income rose 29% to $5.9 billion and revenue grew 19% to $113.5 billion for the year ending January 2026.
3. Q4 Performance and AI Orders
In the fourth quarter, profit jumped 47% to $2.26 billion on $33.38 billion in revenue as Dell closed $64 billion in AI-optimized server orders and ended with a $43 billion backlog.
4. Capital Returns and FY27 Outlook
The company approved a 20% dividend increase to $2.52 per share, added a $10 billion buyback, and guided for 23% revenue growth and 33% EPS growth in fiscal 2027.