Lenovo's AI revenue grew 60% in Q1 2026, reaching $85 billion

Lenovo announced financial results for its first fiscal quarter of 2026, with total revenue of $269.43 billion, representing 43% year-over-year growth. AI-related revenue reached $85 billion, growing 60% and representing 35% of the company's total revenue. During a conference call, CEO Yang Yuanlong argued that AI's greatest growth potential lies in its democratization through combining private and public AI. Yang Yuanlong compared Lenovo's ambitions in the AI sector to its historical role in democratizing personal computers.