Dell Technologies Inc. reported its Q4 2025 earnings, revealing a revenue of $23.93 billion, which was below analysts' expectations of $24.57 billion. However, the company exceeded earnings per share (EPS) forecasts, posting $2.68, surpassing estimates by $0.16. Year-over-year, revenue increased by 7.23%, while EPS rose by 21.82%. Despite these positive earnings figures, Dell's stock fell by approximately 7% as investors expressed concerns over profit margins related to its AI server sales, which the company anticipates will reach $15 billion in fiscal 2026, reflecting a 53% increase year-over-year. The strong demand for AI servers is seen as a key growth driver, though it remains to be seen if this will be sufficient to satisfy investor expectations.