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联想集团有限公司(LENOVO GROUP)2026财年第三季度业绩报告(英文版)(31页).pdf

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1、2026 Lenovo Internal.All rights reserved.Q3FY26 Earnings AnnouncementFebruary 12,20262026 Lenovo Internal.All rights reserved.2025 Lenovo Internal.All rights reserved.Forward-Looking StatementThis presentation contains“forward-looking statements”,which are statements that refer to the expectations a

2、nd plans for the future and include,without limitation,statements regarding Lenovos future results of operations,financial condition or business prospects as well as other statements based on projections,estimates and assumptions.In some cases,these statements can be identified by terms such as expe

3、ct,intend,plan,believe,estimate,may,will,should and comparable words(including negative variants of such words).These forward-looking statements,reflect the current expectations and plans of the directors and management of Lenovo,which may not materialize or may change.Many risks,uncertainties and o

4、ther factors,some of which are unpredictable and beyond Lenovos control,could affect the matters discussed in these forward-looking statements.These factors include,without limitation,economic and business conditions globally and in the countries where we operate,Lenovos ability to predict and respo

5、nd quickly to market developments,consumer demand,pricing trends and competition;changes in applicable laws and regulations(including applicable tax and tariff rates).Any variance from the expectations or plans on which these forward-looking statements are based could cause Lenovos actual results or

6、 actions to differ materially from those expressed or implied in these statements.These forward-looking statements are not guarantees of future performance and you are cautioned not to place undue reliance on these statements.Lenovo undertakes no obligation to update any forward-looking statements i

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1. **业绩表现**:Q3FY26营收达222亿美元(同比+18%),创历史新高;调整后净利润5.89亿美元(同比+36%)。 2. **业务增长**: - IDG(智能设备集团):营收158亿美元(+14%),PC市场份额25.3%(行业第一),AI设备收入占比40%(+71%)。 - ISG(基础设施方案集团):营收52亿美元(+31%),AI服务器收入增长59%,液冷方案收入暴涨300%。 - SSG(方案服务集团):营收27亿美元(+18%),运营利润率22.5%,AI解决方案加速增长。 3. **AI战略**:AI相关收入占比32%(+72%),推动混合AI布局,包括个人AI助手Qira及企业级AI平台xIQ。 4. **展望**:聚焦AI民主化,通过运营韧性和创新维持竞争力,目标持续盈利与增长。
**联想AI增长引擎?** **PC市场如何突破?** **服务器转型有何策略?**
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