Dell Crushes Earnings with Record AI Server Orders and $95B Backlog

BenBajarin · x · 2026-09-02

Dell reported strong earnings driven by surging AI infrastructure demand. Revenue reached $47B (up 58%), with ISG revenue at $31.8B (up 89%). AI server orders hit a record $60.9B this quarter, with revenue of $16.4B and a backlog growing to $95B. Over the last four quarters, Dell booked $131.7B in AI server orders. The AI customer base exceeded 6,500, adding 3,300 in the last three quarters alone.

Related event: Dell Posts Record Quarter as AI Server Backlog Hits $95B(4 posts)→

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