Dell Technologies (DELL) Capital Expenditures (2015 - 2026)
Dell Technologies' Capital Expenditures was $1.24 billion in fiscal Q2 2027 (quarter ended Jul 31, 2026), up 83.6% from $675 million a year earlier and up 28.7% from the prior quarter.
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Analysis
Dell Technologies (DELL) Capital Expenditures (2015 - 2026) Analysis & Trends
On a trailing twelve-month basis, Dell Technologies' Capital Expenditures was $3.59 billion through Jul 31, 2026, up 37.3% year-over-year; for FY2026 (ended Jan 30, 2026), it was $2.63 billion, down 0.7% from FY2025.
- Capital Expenditures has now declined for three consecutive fiscal years, though with a five-year compound annual growth rate of 4.8% (FY2021 to FY2026).
- In earlier fiscal years, Capital Expenditures was $2.65 billion in FY2025 (-3.8%), $2.76 billion in FY2024 (-8.2%), $3 billion in FY2023 (+7.4%) and $2.8 billion in FY2022 (+34.3%).
- The fiscal Q2 2027 figure marks the highest quarterly Capital Expenditures in data going back to fiscal Q1 2016.
- Compared with a year earlier, Capital Expenditures was higher in four of the last eight quarters, with growth averaging 17.8%.
- The best year-over-year quarter for Capital Expenditures over five years was fiscal Q2 2027 (growth of 83.6%); the worst was fiscal Q2 2024 (a decline of 22.7%).
- Per Business Quant data, DELL's Capital Expenditures in the three fiscal quarters before Q2 2027 was $963 million (Q1 2027), $721 million (Q4 2026) and $669 million (Q3 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,874.86 Bn | 4,622.35 Bn | 54.77 Bn | 2.46 Bn |
| 2 | Cisco Systems | 442.74 Bn | 378.67 Bn | 11.06 Bn | 390.00 Mn |
| 3 | Dell Technologies | 360.03 Bn | 315.78 Bn | 9.83 Bn | 1.24 Bn |
| 4 | Arista Networks | 261.51 Bn | 214.96 Bn | 1.91 Bn | 29.70 Mn |
| 5 | Sandisk | 251.12 Bn | 239.64 Bn | 7.58 Bn | 43.00 Mn |
| 6 | Seagate Technology Holdings | 192.54 Bn | 187.54 Bn | 1.90 Bn | 187.00 Mn |
| 7 | Western Digital | 149.92 Bn | 138.05 Bn | 2.03 Bn | 108.00 Mn |
| 8 | Sony | 146.49 Bn | 96.88 Bn | 6.53 Bn | - |
| 9 | Lumentum Holdings | 96.17 Bn | 87.98 Bn | 477.30 Mn | 166.80 Mn |
| 10 | Hewlett Packard Enterprise | 92.09 Bn | 69.97 Bn | 4.93 Bn | 745.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 1.24 Bn |
| May 1, 2026 | 963.00 Mn |
| Jan 30, 2026 | 721.00 Mn |
| Oct 31, 2025 | 669.00 Mn |
| Aug 1, 2025 | 675.00 Mn |
| May 2, 2025 | 568.00 Mn |
| Jan 31, 2025 | 735.00 Mn |
| Nov 1, 2024 | 639.00 Mn |
| Aug 2, 2024 | 682.00 Mn |
| May 3, 2024 | 596.00 Mn |
| Feb 2, 2024 | 727.00 Mn |
| Nov 3, 2023 | 704.00 Mn |
| Aug 4, 2023 | 624.00 Mn |
| May 5, 2023 | 701.00 Mn |
| Feb 3, 2023 | 759.00 Mn |
| Oct 28, 2022 | 747.00 Mn |
| Jul 29, 2022 | 807.00 Mn |
| Apr 29, 2022 | 690.00 Mn |
| Jan 28, 2022 | 740.00 Mn |
| Oct 29, 2021 | 799.00 Mn |
API Access
Dell Technologies Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=DELL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "DELL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=DELL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();