Lenovo Group has unveiled its financial performance for the first quarter of the fiscal year 2026/27, showcasing a remarkable revenue of US$26.94 billion. This figure not only sets a new benchmark for a single quarter but also marks a significant 43% surge compared to the same period last year. The adjusted net profit soared to US$1.075 billion, reflecting a substantial 176% year-on-year increase.
A standout aspect of this performance is the revenue from artificial intelligence-centric businesses, which witnessed a robust 60% year-on-year growth, contributing to 35% of the total revenue. The Intelligent Devices Group experienced a notable 27% year-on-year revenue uptick, reaching US$17.1 billion. Additionally, the Infrastructure Solutions Group also achieved a record-breaking performance for a single quarter, with revenue climbing to US$8.5 billion, a remarkable 98% increase year-on-year.