On August 13, Lenovo Group released its outstanding financial report for the first quarter of fiscal year 2026, achieving substantial double growth in total revenue and net profit, with AI business becoming the core growth engine of the enterprise. Financial data shows that Lenovo’s total Q1 revenue reached 26.943 billion US dollars, a year-on-year increase of 43%. The adjusted net profit hit 1.075 billion US dollars, surging 176% year-on-year, with profit recovery speed far exceeding the industrial average and greatly improved operating quality.

The explosive performance is mainly driven by the rapid growth of AI intelligent business. Lenovo’s AI-related business revenue exceeded 9.3 billion US dollars in the quarter, covering the whole industrial chain including AI terminals, industrial intelligent solutions and AI computing power services. In recent years, Lenovo has continuously increased investment in AI intelligent transformation, breaking away from the single profit model of traditional hardware manufacturing.

Relying on the ecological advantages of terminal equipment, the company has built an integrated AI system of “terminal + computing power + service”, deeply empowering the digital and intelligent upgrading of enterprises across industries. Industry analysts said that the accelerated industrial implementation of global AI has triggered explosive demand for intelligent hardware and enterprise AI transformation.

Benefiting from its complete industrial chain layout, Lenovo fully captures industrial dividends. With the deepening of global enterprise digital transformation, the market space for AI computing services and industrial intelligent solutions will continue to expand. Lenovo’s AI business is expected to maintain high-speed growth, drive continuous improvement of overall corporate performance, and set a benchmark for the transformation of global technology manufacturing enterprises.