Lenovo posted a net profit of $505 million and revenue of $18.8 billion in the first quarter, thanks to investments in AI and operational strategy.

In the first quarter of fiscal 2025/2026, Lenovo reported net income of $505 million, up 108% year-over-year, and revenue of $18.8 billion, up 22%. Growth was supported by investments in artificial intelligence, an increase in R&D spending and an effective operational strategy. The Intelligent Devices Group division had revenue of $13.5 billion, and the PC segment grew 19%. AI infrastructure revenue also more than doubled, and Lenovo strengthened its leadership in the PC segment with 31% market share.