Lenovo closes its best year with $83.1 billion in revenue and strong business momentum linked to AI

Lenovo has presented the results for the fourth quarter and the entire fiscal year 2025/26, and the figures leave a new high for the company in both revenue and adjusted profit. According to data released by the company itself, the fourth quarter reached revenues of $21.6 billionup 27% from a year ago, while adjusted net profit doubled to $559 million.

For the year as a whole, Lenovo closed with $83.1 billion in revenue20% more year-on-year, and with an adjusted net profit of $2 billion, which represents a growth of 42%. The company also highlights that all its large divisions recorded double-digit advances in revenue, with an increasing contribution from the business linked to artificial intelligence.

This weight of AI is one of the most notable data of the accounts. In the fourth quarter, Lenovo indicates that AI-related revenue grew 84% and they already represented 38% of the group’s total turnover. For the year as a whole, this business doubled and accounted for 33% of the company’s income. Beyond the strategic reading, the data reflects that the company is finding an important part of its recent growth in servers, services and infrastructure linked to this market.

The firm also increased its investment in innovation. During the fourth quarter, R&D spending rose 16% year-on-year to 3.5% of group revenue. For the year as a whole, the increase was 9%, up to 3% of annual turnover. Lenovo links this effort to its hybrid AI strategyalthough in this presentation the main focus is clearly on the business figures and the evolution of each division.

PCs, servers and services push a record year for Lenovo

The Intelligent Devices Group division, which includes PCs and smart devices, closed the quarter with $14.6 billion in revenue24% more, while the PC and smart devices business advanced 26%. Lenovo assures that it maintained its first global position in PCs, with a share of 24.4% in the fourth quarter, and that the distance compared to the second manufacturer was the widest in the last 15 years. It also highlights that 50% of quarterly shipments already corresponded to premium PCs, with a year-on-year growth of 29% in that segment.

Within that same area, Motorola posted a record fourth quarter in smartphone shipments and achieved double-digit growth in revenue. IDG’s operating margin remained at 6.9%a relevant figure in a quarter of strong commercial progress and in a context still marked, according to the company, by supply problems and the increase in component prices.

In Infrastructure Solutions Group, the infrastructure area, Lenovo registered $5.6 billion in quarterly revenue37% more, with an operating profit of $202 million. The company points out that this division achieved its highest profits and margins since entering the business. For the year as a whole, ISG achieved record revenues of $19.2 billion, up 32%, and returned to annual profitability with an improvement in operating profit of $73 million.

Lenovo also details a $21 billion AI server business portfolio and more than 5,800 AI deployments for customers. Added to that are more than 70,000 racks annual manufacturing capacity across AI, compute and storage systems, including more than 11,000 direct liquid-cooled racks targeting AI loads. Additionally, the purchase of Infinidat was completed in early April to bolster high-end enterprise storage.

For its part, Solutions and Services Group entered 2.6 billion dollars in the quarter19% more, and maintained a profitability of more than 20%. For the year as a whole, this division exceeded $10 billion in revenue for the first time. Along with these figures, Lenovo has announced a final dividend of 33.70 Hong Kong cents per share for the year ended March 31, 2026.