China’s Lenovo Group Ltd, the world’s largest maker of personal computers, increased its net profit 5.8 times in the fourth quarter of fiscal year 2025/26, beating experts’ expectations.
The company reported net income of $521 million in the January-March period, up from $90 million in the same period of 2025, when derivative losses had a significant negative impact on the figure. Adjusted earnings doubled to $559m.
Revenue rose 27% to $21.588bn. The rate of climb was the fastest in five years.
Analysts on average had forecast the company’s net profit at $271 million on revenue of $18.7 billion, according to LSEG.
For 2025/26finrock, Lenovo grew net income by 38% to $1.912bn, with adjusted earnings up 42% to $2.049bn. Revenue rose 20% to $83.075bn.
Revenue in the device business, which covers computers and smartphones and is the company’s main source of revenue, increased by 17% to $58.9bn for the year. Revenue in the infrastructure solutions segment grew by 32% to a record $19.2bn. The services segment recorded a 19% increase in revenue to $10bn.
Lenovo stock prices soared 19.2% during trading in Hong Kong on Friday. The company’s market value has jumped 70% over the past three months, while the Hang Seng stock index is down about 3%.