Lenovo announced record results in the second quarter of the 2025/26 fiscal year, with revenues of 20.5 billion dollars (17.66 billion euros at the current exchange rate).
Adjusted net profit rose 25% to $512 million (441.1 million euros), and adjusted net margin expanded to 2.5%.
The company indicates that these values exclude non-monetary effects such as variations in the fair value of warrants and notional interest on convertible bonds.
The group recorded double-digit growth in all main segments and regions.
The share of revenue related to artificial intelligence rose 13 percentage points to 30% of the total, driven by double-digit increases in AI servers and triple-digit increases in PCs, smartphones and AI services.
The board approved an interim dividend of 8.50 Hong Kong cents per share.
President and CEO Yuanqing Yang, quoted in a statement, highlights that, “taking advantage of the AI democratization trend and thanks to our clear strategy, operational excellence and tireless innovation, Lenovo delivered another quarter of record performance.”
The group’s leader also promises to continue “promoting our unique global/local model to navigate uncertainties and capture the enormous opportunities of hybrid AI.”