Lenovo has wrapped up the fiscal year 2024/25 with remarkable growth, achieving a staggering 21 percent increase in overall group revenue to reach $69.07 billion. The company’s strong performance has been bolstered by a double-digit surge in sales across all segments, marking one of the best years in Lenovo’s history. Such impressive achievements highlight the strength and resilience of Lenovo's diversified business strategy, benefiting Lenovo 360 partners like you, who play a pivotal role in this success.
Intelligent Devices Group (IDG) is Winning the AI PC Race
The IDG business continues to be a critical component of Lenovo's overall performance, with revenue rising 13 percent year-over-year, bringing in a substantial $50.5 billion with impressive operating margins of 7 percent. AI PCs exceeded the volume target for the year, with Lenovo now leading globally in the Windows AI PC category. Additionally, the smartphone segment experienced robust year-on-year growth of 27 percent, affirming Lenovo's commitment to developing cutting-edge technology that meets evolving customer needs.
Infrastructure Solutions Group (ISG) is Driving Hybrid Infrastructure
Lenovo’s ISG business achieved remarkable hyper-growth, with revenue increasing by 63 percent to a record $14.5 billion. This impressive growth is a testament to Lenovo’s cutting-edge offerings, particularly the high-end Neptune servers, which have played a crucial role in meeting the growing demands of AI workloads. The combination of high-performance computing and liquid cooling solutions enables partners to leverage these advancements and offer innovative services to their clients across diverse markets.
Solutions and Services Group (SSG) Achieves High Margin and High Growth
The SSG business celebrated its 16th consecutive quarter of growth, crossing the $1 billion mark in North America, accompanied by an impressive operating margin of 21.1 percent. This ascent can be attributed to rising demand for AI, hybrid cloud, and sustainability solutions. SSG is committed to enhancing the hardware user experience while significantly expanding its AI offerings, thus creating new opportunities for Lenovo 360 partners to deliver value to customers.
Beyond financial performance, Lenovo is also dedicated to its environmental, social, and governance (ESG) initiatives. The company has made notable progress towards its 2030 emissions reduction goals and has received prestigious recognition for its sustainability efforts, showcasing Lenovo's commitment to responsible business practices.
These compelling results highlight Lenovo's innovative spirit and robust growth trajectory, providing a solid foundation for Lenovo 360 partners. Check out the Lenovo corporate press release for a comprehensive exploration of these outstanding achievements.