Lenovo Group reported its strongest full-year performance ever for fiscal 2025/26, with total revenue hitting US$83.1 billion—up 20 percent year-on-year—and adjusted net income rising 42 percent to US$2 billion. The fourth quarter was also exceptional: revenue climbed 27 percent to US$21.6 billion, and adjusted net income doubled to US$559 million.
AI-related business stood out as the main engine: full-year AI revenue doubled, making up 33 percent of total sales, while in Q4 it jumped 84 percent and accounted for 38 percent of revenue. All three core divisions grew double-digit. The PC unit kept its global No.1 spot with 24.4 percent market share and widened its lead over rivals to the largest gap in 15 years. The Infrastructure Solutions group delivered record revenue of US$19.2 billion and turned fully profitable, backed by a US$21 billion AI server pipeline and expanded manufacturing capacity. Services revenue passed US$10 billion for the first time, maintaining over 20 percent profitability.
Despite supply chain challenges and rising costs, Lenovo’s global operations and local adaptability ensured steady growth. R&D investment rose 9 percent for the year to drive innovation. The board declared a final dividend of 33.7 HK cents per share. CEO Yuanqing Yang said the company aims to reach US$100 billion in revenue within two years, positioning Lenovo as a leader in the era of accessible AI technology.
