Dell Posts 88% Q1 AI Revenue Growth as Server Backlog Reaches $51.3 Billion
Updated
Updated · The Motley Fool · Jun 28
Dell Posts 88% Q1 AI Revenue Growth as Server Backlog Reaches $51.3 Billion
3 articles · Updated · The Motley Fool · Jun 28
Summary
$51.3 billion in AI server backlog and 88% year-over-year Q1 revenue growth underscored Dell's accelerating push into AI infrastructure.
Dell's momentum is being driven by demand for turnkey, end-to-end AI systems that integrate with its broader hardware stack and let companies run more workloads on private, on-prem infrastructure.
That business scaled rapidly after Dell introduced AI-optimized servers last year, helping infrastructure solutions revenue jump 40% in 2025 to a record $60.8 billion.
Dell's pitch stands out as some major AI stocks come under pressure, with the company betting cheaper, simpler enterprise deployments will stay resilient even if broader AI spending cools.