Dell Technologies (DELL) Capital Expenditures (2015 - 2026)
Dell Technologies (DELL) reported Capital Expenditures of $721.0 million for Q1 2026, down 1.9% on a YoY basis from $735.0 million in Q1 2025, and up 7.77% quarter-over-quarter from $669.0 million in Q4 2025.
Dell Technologies (DELL) Capital Expenditures (2015 - 2026) Analysis & Trends
Dell Technologies has reported Capital Expenditures for 12 years, with the latest figure at $721.0 million in Q1 2026.
- For the quarter ending Q1 2026, Capital Expenditures fell 1.9% year-over-year to $721.0 million; the trailing twelve-month figure through Jan 2026 stood at $2.6 billion (down 0.72% YoY), and the FY2026 full-year result was $2.6 billion, down 0.72% from the prior year.
- Capital Expenditures for Q1 2026 stood at $721.0 million, up from $669.0 million in the prior quarter.
- The five-year high for Capital Expenditures was $807.0 million in Q3 2022, with the low at $568.0 million in Q2 2025.
- Historically, Capital Expenditures has averaged $693.2 million across 5 years, with a median of $701.0 million in 2023.
- Annual changes were most pronounced in 2022 — Capital Expenditures soared 48.59% — and 2023, when it slipped 22.68%.
- Dell Technologies' Capital Expenditures stood at $747.0 million in 2022, then decreased by 5.76% to $704.0 million in 2023, then retreated by 9.23% to $639.0 million in 2024, then grew by 4.69% to $669.0 million in 2025, then gained by 7.77% to $721.0 million in 2026.
- The last three Capital Expenditures figures came in at $721.0 million (Q1 2026), $669.0 million (Q4 2025), and $675.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capital Expenditures (Qtr) |
|---|---|---|---|---|---|
| 1 | Dell Technologies | 266.21 Bn | 254.69 Bn | 6.73 Bn | 721.00 Mn |
| 2 | Sandisk | 230.78 Bn | 227.04 Bn | 4.66 Bn | 45.00 Mn |
| 3 | Arista Networks | 194.03 Bn | 181.67 Bn | 1.68 Bn | 54.50 Mn |
| 4 | Seagate Technology Holdings | 183.90 Bn | 182.75 Bn | 1.45 Bn | -219.00 Mn |
| 5 | Western Digital | 175.01 Bn | 171.77 Bn | 1.68 Bn | 145.00 Mn |
| 6 | Super Micro Computer | 24.90 Bn | 23.61 Bn | 1.02 Bn | - |
| 7 | Everpure | 23.71 Bn | 22.70 Bn | 740.09 Mn | -356,000.00 |
| 8 | Hp | 23.64 Bn | 19.93 Bn | 3.02 Bn | 170.00 Mn |
| 9 | IonQ | 20.37 Bn | 18.35 Bn | 15.41 Mn | 8.37 Mn |
| 10 | Logitech International | 16.58 Bn | 14.83 Bn | 483.28 Mn | 4.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 30, 2026 | 721.00 Mn |
| Jan 30, 2026 | 721.00 Mn |
| Oct 31, 2025 | 669.00 Mn |
| Oct 31, 2025 | 669.00 Mn |
| Aug 1, 2025 | 675.00 Mn |
| Aug 1, 2025 | 675.00 Mn |
| May 2, 2025 | 568.00 Mn |
| May 2, 2025 | 568.00 Mn |
| Jan 31, 2025 | 735.00 Mn |
| Jan 31, 2025 | 735.00 Mn |
| Nov 1, 2024 | 639.00 Mn |
| Nov 1, 2024 | 639.00 Mn |
| Aug 2, 2024 | 682.00 Mn |
| Aug 2, 2024 | 682.00 Mn |
| May 3, 2024 | 596.00 Mn |
| May 3, 2024 | 596.00 Mn |
| Feb 2, 2024 | 727.00 Mn |
| Feb 2, 2024 | 727.00 Mn |
| Nov 3, 2023 | 704.00 Mn |
| Nov 3, 2023 | 704.00 Mn |