Dell Technologies Inc. (DELL) stock
DELLNYSEElectronic ComputersFiscal year ends January 29
Financials through Q2 FY2027, quarter ended Jul 31, 2026Last filing: 10-Q on Sep 8, 2026Score 16/3010% below fair value
$344.53−26.64 (-7.18%)
Close on Nov 13, 2026Market cap $219.06BP/E 20.0Yield 0.61%
Dell Technologies r&d expenses
Research and development expenses are spending on new products and technology.
Dell Technologies's R&D Expenses for the twelve months ending Jul 31, 2026 was $3.64B, up 17.0% year over year. For fiscal 2026 it was $3.14B, up 2.6% from the year before. Over ten years it grew 11.6% a year on average. The highest annual figure on record is $4.60B in fiscal 2019.
Annual r&d expenses
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2026 | Jan 30, 2026 | $3.14B | +2.6% |
| FY2025 | Jan 31, 2025 | $3.06B | +9.3% |
| FY2024 | Feb 2, 2024 | $2.80B | +0.8% |
| FY2023 | Feb 3, 2023 | $2.78B | +7.8% |
| FY2022 | Jan 28, 2022 | $2.58B | +5.0% |
| FY2021 | Jan 29, 2021 | $2.46B | +0.0% |
| FY2020 | Jan 31, 2020 | $2.45B | -46.7% |
| FY2019 | Feb 1, 2019 | $4.60B | +5.0% |
| FY2018 | Feb 2, 2018 | $4.38B | +66.3% |
| FY2017 | Feb 3, 2017 | $2.64B | +150.8% |
| FY2016 | Jan 29, 2016 | $1.05B | +14.2% |
| FY2015 | Jan 30, 2015 | $920.00M | – |
Quarterly r&d expenses
Change is against the same quarter a year earlier.
Periods
| Period | Period end | Value | Change |
|---|---|---|---|
| Q2 FY2027CQ2 2026 | Jul 31, 2026 | $1.11B | +41.3% |
| Q1 FY2027CQ1 2026 | May 1, 2026 | $983.00M | +21.7% |
| Q4 FY2026CQ4 2025 | Jan 30, 2026 | $797.00M | +3.1% |
| Q3 FY2026CQ3 2025 | Oct 31, 2025 | $752.00M | +0.9% |
| Q2 FY2026CQ2 2025 | Aug 1, 2025 | $785.00M | +0.6% |
| Q1 FY2026CQ1 2025 | May 2, 2025 | $808.00M | +5.9% |
| Q4 FY2025CQ4 2024 | Jan 31, 2025 | $773.00M | +8.0% |
| Q3 FY2025CQ3 2024 | Nov 1, 2024 | $745.00M | +7.7% |
| Q2 FY2025CQ2 2024 | Aug 2, 2024 | $780.00M | +10.6% |
| Q1 FY2025CQ1 2024 | May 3, 2024 | $763.00M | +10.9% |
| Q4 FY2024CQ4 2023 | Feb 2, 2024 | $716.00M | -9.9% |
| Q3 FY2024CQ3 2023 | Nov 3, 2023 | $692.00M | +2.2% |
| Q2 FY2024CQ2 2023 | Aug 4, 2023 | $705.00M | +12.6% |
| Q1 FY2024CQ1 2023 | May 5, 2023 | $688.00M | +1.0% |
| Q4 FY2023CQ4 2022 | Feb 3, 2023 | $795.00M | +30.1% |
| Q3 FY2023CQ3 2022 | Oct 28, 2022 | $677.00M | +4.2% |
| Q2 FY2023CQ2 2022 | Jul 29, 2022 | $626.00M | -10.2% |
| Q1 FY2023CQ1 2022 | Apr 29, 2022 | $681.00M | +10.0% |
| Q4 FY2022CQ4 2021 | Jan 28, 2022 | $611.00M | -56.1% |
| Q3 FY2022CQ3 2021 | Oct 29, 2021 | $650.00M | -52.2% |
| Q2 FY2022CQ2 2021 | Jul 30, 2021 | $697.00M | -44.6% |
| Q1 FY2022CQ1 2021 | Apr 30, 2021 | $619.00M | -51.1% |
| Q4 FY2021CQ4 2020 | Jan 29, 2021 | $1.39B | +5.0% |
| Q3 FY2021CQ3 2020 | Oct 30, 2020 | $1.36B | +7.8% |
| Q2 FY2021CQ2 2020 | Jul 31, 2020 | $1.26B | +2.4% |
| Q1 FY2021CQ1 2020 | May 1, 2020 | $1.27B | +7.6% |
| Q4 FY2020CQ4 2019 | Jan 31, 2020 | $1.33B | +10.2% |
| Q3 FY2020CQ3 2019 | Nov 1, 2019 | $1.26B | +10.7% |
| Q2 FY2020CQ2 2019 | Aug 2, 2019 | $1.23B | +4.6% |
| Q1 FY2020CQ1 2019 | May 3, 2019 | $1.18B | +8.2% |
| Q4 FY2019CQ4 2018 | Feb 1, 2019 | $1.20B | +10.6% |
| Q3 FY2019CQ3 2018 | Nov 2, 2018 | $1.14B | +6.4% |
| Q2 FY2019CQ2 2018 | Aug 3, 2018 | $1.18B | +7.5% |
| Q1 FY2019CQ1 2018 | May 4, 2018 | $1.09B | -4.1% |
| Q4 FY2018CQ4 2017 | Feb 2, 2018 | $1.09B | -14.5% |
| Q3 FY2018CQ3 2017 | Nov 3, 2017 | $1.07B | +25.3% |
| Q2 FY2018CQ2 2017 | Aug 4, 2017 | $1.09B | – |
| Q1 FY2018CQ1 2017 | May 5, 2017 | $1.13B | – |
| Q4 FY2017CQ4 2016 | Feb 3, 2017 | $1.27B | – |
| Q3 FY2017CQ3 2016 | Oct 28, 2016 | $855.00M | – |
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