$21.6bn quarter, AI revenue nearly doubles, full year crowned the best in the company’s history.
Lenovo posted Q4 revenue of $21.6bn, up 27% year-on-year and roughly $2.2bn ahead of consensus, sending shares up about 15% on Friday in Hong Kong.
Net profit attributable to shareholders jumped 479% to $521m, almost double the $271m analysts had penciled in, according to data compiled by CNBC.
The PC business, long the spine of the company, did most of the work. Lenovo’s Intelligent Devices Group reported a 26% rise in PC and smart-device revenue, with shipments up 9% to 16.5 million units.
That gave Lenovo a 26% global market share for the quarter, a five-year high. The PC cycle has turned in 2026 on a combination of an enterprise refresh, the end-of-life of Windows 10 in commercial fleets, and the early rollout of AI-capable Copilot+ devices.
