News Summary

• Dell had a record first quarter with its best-ever revenues, diluted earnings per share, and cash flow from operations.
• The firm reported that it earned a net income of $3.4 billion on record revenues of $43.8 billion in the quarter ending May 1, 2026.
• Dell shares jumped 30 percent on the news, which vastly exceeded analyst estimates across the board.
• “Our record Q1 performance reflects strong in-quarter demand, as well as our pace of innovation across the full stack of PCs, compute, and storage,” Dell vice chairman and COO Jeff Clarke said.