Dell’s Q1 2025 Results

Here are Dell’s results compared to LSEG consensus estimates:

• EPS: $1.27 adjusted from $1.26 estimate
• Income: $22.24 billion compared to an estimate of $21.64 billion

The company said it would release guidance for the current quarter during the call.

Dell reported net income of $955 million, or $1.32 per diluted share, for the quarter, compared to $578 million, or 79 cents, in the same period a year earlier. Overall sales for the quarter increased 6% year-over-year.

Dell’s data center division, called the Infrastructure Solutions Group, saw sales increase 22% year-over-year to $9.2 billion. The company said servers are a fast-growing entity, with sales up 42% to $5.5 billion, and noted strong demand for AI servers.

Dell has emerged as a leading provider of AI-centric servers, which are in high demand as companies invest in predictive and generative AI infrastructure. Earlier this year, Nvidia CEO Jensen Huang selected Dell founder Michael Dell at a conference as the person to contact for orders for the company’s new chips.

Dell said it recorded $2.6 billion in orders for “AI-optimized” servers this quarter.

Dell’s stock had more than doubled in 2024 ahead of Thursday’s report.

Dell’s desktop and laptop business, known as the Client Solutions Group, saw steady year-over-year growth, achieving sales of $12.0 billion.

This story is developing.