Dell Shares Hit Record High on 58% Revenue Surge
Dell Technologies shares rose over 5% to a record close of $518.49 on Thursday, following a near-16% gain the previous session. The company reported second-quarter revenue of $46.97 billion, up 58% year over year, with net income of $4.13 billion, or $6.34 per share, more than tripling from $1.16 billion, or $1.70 per share, a year earlier. Adjusted earnings per share came in at $7.04.
Dell Technologies shares climbed more than 5% on Thursday to close at $518.49, a record high, after surging nearly 16% in the prior session. The gains followed the company's fiscal second-quarter results, which showed revenue of $46.97 billion for the three months ended July 31, up 58% from a year earlier. Net income for the quarter totaled $4.13 billion, or $6.34 per share, compared with $1.16 billion, or $1.70 per share, in the same period of 2025. On an adjusted basis, earnings per share were $7.04.