Sep. 7 at 8:24 AM
$DELL Q2 FY27: revenue
$47.0B (+58%); ISG
$31.8B (+89%); AI-server revenue
$16.4B; ISG operating margin 15.0% vs 8.8%.
The
$95B backlog is not an earnings number. Management said demand, favourable mix/rates and execution all helped margin—and it does not expect every benefit to persist at the same level.
Next proof: Q3 ISG margin, backlog conversion, and operating cash flow.
Source: https://investors.delltechnologies.com/news-releases/news-release-details/dell-technologies-delivers-second-quarter-fiscal-2027-financial
Disclosure: I work on Filing Delta; no DELL position.