News
Dell CFO Yvonne McGill guides for record FY2027 revenue growth driven by AI infrastructure demand
Thursday, February 26, 2026 at 10:38 PM
Dell CFO Yvonne McGill discussed the company's fiscal year 2027 guidance during an earnings event, forecasting over 20% revenue growth driven by sustained demand for AI infrastructure. The company aims for record revenue and earnings per share, building on momentum from the previous fiscal year's performance in server and storage deployment.
Context
Following record-breaking results in fiscal year 2026, Dell Technologies has issued an exceptionally bullish outlook for FY2027, projecting revenue of $140 billion at the midpoint. This guidance represents approximately 23% year-over-year growth, fueled by an insatiable demand for AI infrastructure. The company entered the new fiscal year with a record $43 billion backlog for AI-optimized servers, after shipping more than $25 billion in such units during the previous year. To support this growth trajectory, Dell announced a 20% dividend increase and a $10 billion expansion of its share repurchase program.
During recent financial communications, CFO Yvonne McGill (noted in some records as succeeding or working alongside David Kennedy) reinforced this momentum, stating: "Look, we're coming off what was a record year for our company, highest revenue, highest EPS that we've had. And we want to make that all news, and we're guiding to make FY '27 the best ever." This aggressive target hinges on the Infrastructure Solutions Group (ISG), which saw quarterly AI-server revenue jump 342% recently. While the growth is robust, investors remain focused on whether Dell can maintain operating margins above 13% amidst rising memory costs and component shortages expected to persist through 2027.
Sources (6)
Dell Technologies Delivers Fourth Quarter and Full-Year Fiscal 2026 Results | Dell TechnologiesDell Technologies Delivers Second Quarter Fiscal 2026 Financial Results | Dell USADell 4Q Sales Jump 39% on Booming AI Demand
- Hyperspace - lists.itp.uni-frankfurt.de
Dell Technologies Inc. Earnings Call Transcript Q2 2026 — Roic AIRecord AI Orders Pushed Dell to a $33.4 Billion Quarter and Wall Street Still Has Doubts - AOL
Related Companies
Dell Technologies
DELL