Lenovo Quarterly Revenue Nears $27 Billion on AI Boom

08:00 - 14.08.2026


August 13, Fineko/abc.az. Lenovo Group reported a 43% jump in quarterly revenue to $26.94 billion, marking its fastest growth in five years and beating analyst forecasts of $22.3 billion.

Driven by surging AI demand, Lenovo's shares jumped 22% to an all-time high.

AI-related revenue surged 60% year-on-year to $9.3 billion, making up 35% of total revenue for the fiscal first quarter ended June 30. Despite a net loss of $609 million caused by a $1.7 billion non-cash warrant revaluation, adjusted net income more than doubled to $1.075 billion. Lenovo maintained its global PC market leadership with a 25.6% share.