04:24 PM EDT, 05/29/2025 (MT Newswires) -- Dell Technologies ( DELL ) reported late Thursday fiscal Q1 non-GAAP net income of $1.55 per diluted share, up from $1.32 a year earlier.

Analysts polled by FactSet, on average, expected $1.70.

Revenue for the quarter ended May 2 was $23.38 billion, compared with $22.24 billion a year earlier. Analysts expected $23.18 billion.

For fiscal Q2, the company is projecting non-GAAP EPS of $2.25 at the midpoint on revenue of $28.5 billion to $29.5 billion. Analysts are looking for $2.08 and $25.33 billion, respectively.

For fiscal 2026, Dell is projecting non-GAAP EPS of $9.40 at the midpoint on revenue of $101.0 billion to $105.0 billion. Analysts are looking for $9.33 on revenue of $103.11 billion.

The shares were up over 4% in after-hours session.